Indian Economic Growth

Moody's slashes India's 2022 GDP growth forecast by 30 bps to 8.8 per cent

In its update to Global Macro Outlook 2022-23, Moody's said high-frequency data suggests that the growth momentum from December quarter 2021 carried through into the first four months this year

Why must India tread cautiously as it joins IPEF?

This week India joined the US-led Indo-Pacific Economic Framework. While the final contours of India's participation are yet to emerge, there could be areas of friction too. India tread with caution

India's economic growth may have slowed to 3.5% in Q4 of FY22: Icra Ratings

The agency said the hiccups in the recovery of the contact-intensive services attributable to the third wave of Covid-19 in the country may have also affected the economic growth in the quarter

Govt will be able to control inflation in the medium-term: Sanjeev Sanyal

"Taking all these measures into account, I think that we are broadly in a good situation economically and will be able to keep inflation under control in the medium term," he added

Economic growth to slow if RBI hikes rates: Finance secy Somanathan

The central bank hiked its repo rate by 40 basis points (bps) to 4.40 per cent following an emergency meeting earlier this month

Peak power supply across India crosses record 201GW mark

It has surpassed last year's (record of) maximum demand met of 200.539 GW which occurred on 7th July 2021, it informed

GlobalData cuts Indian economy growth forecast for 2022 amid Ukraine crisis

GlobalData lowered India's economy growth forecast to 7.8 per cent for 2022 due to the nation's exports being impacted by the Russia-Ukraine war and spiking oil prices causing ripple effects.

Economic growth slows to 5.4% in Dec qtr; manufacturing, construction hit

Full-year forecast revised lower to 8.9%

Indian economy likely grew at slower pace in final quarter of 2021: Poll

The Indian economy likely grew at a slower pace in the final quarter of 2021, primarily due to lacklustre manufacturing output and investment, according to economists in a Reuters poll.

How does Naushad Forbes see India becoming one of the top 3 economies?

In an interview with Business Standard's Indivjal Dhasmana, Co-Chairman of Forbes Marshall Naushad Forbes, shares how India can become one of the world's top three economies. Listen in

RBI to focus efforts on reviving growth: Deputy governor Michael Patra

India's central bank wants to focus all its energies on reviving the country's economic growth given that inflation's momentum is declining, Patra said

India's fuel demand expected to grow 5.5% next fiscal: Govt estimates

India's fuel demand is likely to grow 5.5 per cent in the fiscal year beginning April 1 as economic activity picks up after devastation caused by the pandemic

TMS Ep99: Budget2022, VA Nageswaran, Shankar Sharma Q&A, Demand for Grants

What are the key takeaways from Budget 2022? Who is V Anantha Nageswaran? What is First Global's Shankar Sharma's take on the Budget this year? What is Demand for Grants? All answers here

Economic Survey 2021-22: Incentives to boost recovery and growth

The immediate policy measure was to support the vulnerable sections of society

At 6.6%, India's GDP contracted less than projected in FY21: NSO data

FY22 growth may NOW dip to 8.8% vs 9.2% estimated earlier; core growth across eight sectors clocks 8.4%

Budget 2022-23: Higher allocation in infra sector to fuel economic recovery

Brokerages expect government spending on infrastructure to continue in FY23 with sizeable growth in capital expenditure in roads, highways, railways, defence, and housing sectors

Risks to recovery

Global economy will increase policy complications for India

Biz activity dips to pre-pandemic levels amid third Covid wave: Report

The ongoing third wave of the coronvirus pandemic has dragged business activity almost back to the pre-pandemic levels, a weekly report tracking the changes said

Indian economy to see 9.5% growth this fiscal: Ex-chief economic adviser

The Indian economy is likely to register a growth of 9.5 per cent in this financial year, former chief economic adviser Arvind Virmani said on Tuesday. Addressing a virtual event organised by industry body PHDCCI, Virmani said that government expenditure and exports have peaked, but so far private consumption has not recovered due to the COVID-19 pandemic. "The current financial year's growth will be higher and close to 9.5 per cent. And this decade's (FY21-FY30) average growth will be 7.5 per cent plus minus 0.5 per cent," he said. According to the recent government data, the Indian economy is estimated to grow at 9.2 pc in 2021-22, as against 7.3 pc contraction in 2020-21. The Reserve Bank of India (RBI) has lowered the growth projection for the current financial year to 9.5 per cent, while the International Monetary Fund (IMF) has projected a growth of 9.5 per cent in 2021, and 8.5 per cent in the next year. The eminent economist said that India's GDP growth is now positive, bu

Fitch Ratings cut India's FY22 economic growth forecast to 8.4%

It raised GDP growth projections to 10.3 per cent, from the earlier expected 10 per cent for the next fiscal year (2022-23)