Page 30 - Indian Economy

Covid-19: India Inc welcomes PM's emphasis on maintaining economic momentum

The Prime Minister on Thursday asked chief ministers to ensure minimum damage to the livelihood of common people and economic activities as they work to contain the coronavirus

Economy goes down when number of days with extreme rainfall go up: Study

A study by a team of Potsdam scientists found that economic growth goes down when the number of wet days and days with extreme rainfall go up

Rural Business confidence index touches 63.9 in Oct 21: CRIF Highmark-CII

This signifies high optimism and industry's upbeat mood on the rural economy in India

Amid third wave of Covid-19, mom & pop stores stock up on essentials

But modern trade in wait-and-watch mode; business as usual for e-commerce players

Nearly 2 mn tonnes of free foodgrains distributed so far under PMGKAY: Govt

Nearly 20 lakh tonnes of foodgrains have been distributed for free so far to eligible beneficiaries under the fifth phase of Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY).

FM Sitharaman's fourth Budget to focus on growth, jobs amid Covid surge

The government has projected a fiscal deficit of 6.8 per cent for the current financial year

Gauging the impact of Omicron on the country's GDP though the MPC lens

It is widely accepted that the Omicron spread would impact the ongoing quarter but it would be much softer than that of the second wave on the first quarter of the current fiscal

As many kids die before their 5th birthday in UP as in Afghanistan: Report

Child mortality rates in several Indian states is similar to that of strife-torn countries

World Bank projects India's GDP growth at 8.3% for FY22, 8.7% for FY23

Cuts global growth estimate to 4.1% in 2022 on surge in Covid-19 cases

BS Number Wise: Working in tandem on monetary policy

Central banks of the world are implementing coordinated rate reduction but such convergence is neither new nor permanent

Budget with BS, Ep 3: Agriculture sector, secrecy, and K Srinath Reddy Q&A

Covid didn't impact India's long-term growth trajectory: N Chandrasekaran

In this decade, India will lead the global growth rates, said Tata group Chairman N Chandrasekaran

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

The difficulty in spending

Tax receipts are surging and markets are primed for higher state government deficits, but states are struggling to spend

India Inc's overseas direct investment dips over 8% to $2.05 bn in Dec 21

The domestic companies had invested $2.23 billion in their overseas joint ventures and fully-owned subsidiaries during December 2020 in the previous financial year

Total employment in 9 select sectors rises to 3.10 cr in July-Sep 2021

Total employment generated by nine select sectors stood at 3.10 crore in the July-September 2021 quarter, which is 2 lakh more than that of the April-June period

Banks see uptick in credit growth; asset quality likely to improve

"An increase in bond yields would impact treasury performance," Motilal Oswal Securities said.

TMS Ep82: Indian economy, Fairwork ratings, markets, Contingency Fund

What is the state of Indian economy? Fairwork ratings on gig workers' condition a wake-up call? What will guide the market sentiment next week? What's the Contingency Fund of India? All answers here

What is the current state of Indian economy?

With the worst most likely behind it, the bruised Indian economy looks poised to regain its vitality. We look at the current state of the Indian economy and how some key sectors are performing

Best of BS Opinion: Poll positions, worry about middle India, and more

Here are the best of BS Opinion pieces of the day