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Britain’s economy expanded 0.3% in the second quarter, above forecasts of 0.1%, despite slowing from Q1’s 0.7% growth. Officials attribute the boost to a strong June performance, offering relief to the Labour government and easing pressure on public finances.
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The Reserve Bank of India could consider further repo rate cuts if GDP growth underperforms and the US Federal Reserve adopts aggressive easing. HSBC Mutual Fund says liquidity will stay ample, with corporate bonds offering attractive spreads
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US tariffs on Indian exports, set to take effect August 7, will have a minimal GDP impact of 0.19%, affecting $8.1 billion in trade, says PHDCCI. The think tank has outlined a four-pronged plan to manage the fallout.
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The mild revision of 10 basis points (bps) in the second advanced estimate to 6.5 per cent takes the expected real GDP growth this fiscal closer to the average of 6.6 per cent seen in the decade pre-pandemic
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Government capital expenditure surged to Rs 2.7 lakh crore, marking about a 30 per cent increase compared to the average of the first two quarters which was a bit muted due to general elections
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Sitharaman had in her first Budget in 2019 replaced the leather briefcase -- which was in use for decades for carrying Budget documents -- with a traditional 'bahi-khata' wrapped in red cloth
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WESP said that India's economy would be bolstered by "strong export growth in services and certain goods categories, particularly pharmaceuticals and electronics".
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Higher crude oil prices, lower economic growth projection continue to play spoilsports on Wednesday
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Nano-entrepreneurs, construction workers, domestic helpers, and street vendors, etc, who form the lower 50% of the labour force continue to operate under severe constraints
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Raises inflation target to 4.8 per cent from previous projection of 4.5 per cent for current fiscal
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While it is important that technology should advance, it should not overly favour automation
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Expanding Ayushman scheme without increasing funding will result in substandard care for senior citizens
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Tax notice to a few top-ranking institutions reflects the utter callousness of government towards public-funded research
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Despite govt’s efforts to boost scientific recognition, India’s R&D landscape continues to face hurdles
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According to the Comptroller and Auditor General of India's State Finances Audit report Telangana’s Gross State Domestic Product (GSDP) increased by 16 percent in the 2022-23 financial year over 2021-22.
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Supporting the initiatives of self-help groups promotes gender equality, driving broader economic growth
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The region, as a relatively new geopolitical construct, is experiencing an evolving architecture through a mushrooming network of both old and new inter-state groupings
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On one hand, there are optimistic projections of economic growth while on the other, there is an undeniable fact of shrinking job opportunities
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"We believe the Indian economy should comfortably register 6-7 per cent annual real GDP growth and we forecast around 6.8 per cent growth," Moody's said in its update to Global Macro Outlook 2024-25.
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Telangana maintained a strong focus on capital expenditure, allocating 26.6 per cent of its budget to it, second only to Andhra Pradesh (40 per cent).