Saturday, January 29, 2022

economic recovery

Real estate demand reaches pre-Covid levels: Analysts

New Delhi: After it was badly battered by pandemic-led lockdowns, the ease in restrictions and subsequent economic recovery has boosted the volumes of the...

Financial inclusion priority for sustainable recovery: RBI Governor

"In order to make the post-pandemic recovery more inclusive and sustainable, financial inclusion would continue to be our policy priority," RBI Governor Shaktikanta Das said.

‘Integrating technology with inclusive delivery holds key to economic recovery’

Sitharaman also cited digitisation, climate action and sustainable infrastructure as the three catalysts of economic recovery.

Fitch cuts India’s growth forecast to 10pc

Fitch believes that rapid vaccination could support a sustainable revival in business and consumer confidence; however, without it, economic recovery would remain vulnerable to further waves and lockdowns.

Need calibrated steps to support economic recovery: PHDCCI

PHDCCI President Sanjay Aggarwal said that trade and industry have to be rejuvenated for achieving a high economic growth trajectory in 2021-22.

Govt open to more measures to boost economy: Chief Economic Advisor

According to an assessment by the Reserve Bank, the second wave has cost the nation about Rs 2 lakh crore in terms of output lost.

US Fed keeps interest rates near zero amid inflation concerns

The index for all items excluding food and energy rose 3.8 per cent over the last 12 months, the largest increase since the period ending June 1992, according to the Labour Department.

Extreme unevenness in economic recovery: Ex-RBI Governor

Terming the uneven recovery "morally wrong and politically corrosive", former RBI Governor D Subbarao said liquidity in the domestic market and foreign fund inflows are leading to soaring of prices of stocks and other assets

India to breach fiscal deficit target in FY22: Fitch Solutions

The government is targeting a deficit between revenue it earns and what it spends at 6.8 per cent of the gross domestic product (GDP) in FY22 (April 2021 to March 2022).

India’s GDP to grow at 11pc this fiscal: ADB

However, the Asian Development Bank (ADB) cautioned that the surge in Covid-19 cases may put the country's economic recovery at risk.

Editorial: India’s recovery derails

Rising unemployment and plunging demand have once again turned the spotlight on the gloomy urban economy

Covid-19 pandemic: Richer nations in Asia-Pacific may recover faster

Reflecting back to the economic recovery process after the 1997-98 financial crisis, the report said the effects of the pandemic are likely to be "worse."

Covid woes resurface; investors lose Rs 3.53 lakh crore

After crashing over 1,469 points in early trade, the 30-share BSE Sensex pared some initial losses to close at 47,949.42, down 882.61 points or 1.81 percent.

Debt to GDP ratio increased during Covid: IMF

IMF says it expects this to fall to 80% as a result of economic recovery

Economic recovery resilient despite surging Covid cases: FinMin report

The report noted that India's PMI Manufacturing Index of 55.4 in March indicated some loss of momentum compared to February.

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