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The MoS said the Narendra Modi government has undertaken far-reaching structural reforms, making use of the mantra of 'Reform, Perform and Transform'
Pitches for urgent reforms in UN, World Bank, IMF as 'they no longer speak for all nations'
Says Covid has asymmetrically affected population, calls for fixing it; also bats for big infra push
If the projections come out to be correct, India's economy would be the fastest growing large economy in both these years
The slowdown in growth is primarily on account of the banking crisis
Economists say revival will hinge on govt spending, policy support
The IIP was up 45 per cent in the first quarter due to the 134.63 per cent rise in April owing to a low base
The Indian economy was worth $2.89 trillion before the pandemic, which wiped off over 7 per cent of the total economy.
The economy had contracted by 7.3 per cent in FY21.
Monetary policy committee's decisions show there is slim chance of repo rate being increased in near future
This is because of the lockdown in Q1; sharp pick-up in Q4 may not sustain, say experts
RBI said Covid-19 pandemic has triggered revision of growth projections for the current financial year with consensus gravitating towards its earlier forecast of 10.5 per cent
The United Nations has raised India's growth forecast to 7.5 per cent for calendar year 2021, but said the country's outlook for the year remains highly fragile
Faster-than-expected recovery in the US economy and the resultant tapering of stimulus by the US Federal Reserve could potentially affect risk sentiment and impact flows to emerging markets like India
Barring shares of Dr Reddy's Labs, all constituents of the 30-pack index traded in the red
Stating that "growth is of paramount importance now", the Reserve Bank Governor Das said it will do whatever it takes to sustain the fledgling recovery
Earlier in December 2020, he raised exposure to Indian equities twice in this and reiterated his bullish on cyclical sectors as economic indicators showed improvement
India is estimated to record an economic growth of 7 per cent in 2021-22
FM targeted the UPA over management of the economy during its rule and said NDA government had inherited India as part of "fragile five" and it has since become one of the fastest-growing economies