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The report also said the inflation in India is likely to be below 5 per cent in the second quarter of calendar year 2024
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Given the growth-inflation trade-off, Governor Das took the right call, particularly in the context of global slowdown
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World Bank said that economic growth is likely to be impacted due to sluggish consumption growth, coupled with challenging external factors
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India's economic growth fell, for the second consecutive quarter, to 4.4 per cent in October-December
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Hyderabad, along with Bengaluru, is likely to continue to outperform Asia Pacific and Indian peers in terms of growth in 2023, with the information and communication sector as the main driver.
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In the wake of Russia's ongoing war against Ukraine, the country's GDP declined by a record 30.4 per cent last year
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While we aspire for the best in 2023, we have to perspire for all of it too
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The company also announced that Courses, a new product to bring a richer learning experience for viewers and a new way to monetise for creators, would begin rolling out in beta in 2023.
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The global financial institution said that the revised update was mainly due to greater resilience shown by the Indian economy against global shocks and better September quarter figures.
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Higher interest rates and lack of pick-up in consumption against the backdrop of a slowing global economy will pose challenges in H2.
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Exactly six years ago, an out-of-the-blue announcement on demonetisation by Prime Minister Narendra Modi took the nation by surprise. It was packaged as a bold move to unearth black money, reduce counterfeit currency and choke terror funding. But it turned out to be India’s greatest economic disaster. As far as the merits of the move […]
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Hyderabad: There is an urgent need to create awareness on the climate crisis. There would be no economy if there is no environment, said speakers at an event `Climate Change Impacts on Indian Manufacturing: Policy Change agenda in Energy and Production,’ held by industry body FTCCI in Hyderabad on Friday. “Climate change can impact all […]
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By Dr Manoranjan Sharma Asymmetric development reflected in the steep decline in the share of Indian agriculture from 52% of the GDP in 1951 to about 18% in 2022 despite agriculture accounting for about 55% of total employment. This impacts both economic growth and distributive equity. Holistic Development: How? Holistically transforming consumption patterns, shifting agricultural […]
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The CAD will "modestly widen" in the first half of the fiscal year and narrow in the second half, Patra told reporters in the customary post-policy press conference.
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New Delhi: India’s external debt rose by 8.2 per cent to stand at $620.7 billion on March 31, 2022, compared to $573.7 billon on March 31, 2021. Out of this, 53.2 per cent of external debt was denominated in US dollars, the Indian rupee denominated debt was estimated at 31.2 per cent and was the […]
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India has undergone a large structural shift since 2014 and is now the 5th largest economy.
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Though the Q1 growth was lower than the Reserve Bank of India's estimate of 16.2 per cent for the first quarter of 2022-23, it was the sharpest growth in the Indian economy in a year.
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An already weakened Indian economy has been hit hard by the double whammy of the Ukraine war and the Omicron-driven third wave of the pandemic. As a result, the country’s gross domestic product (GDP) grew by a dismal 4.1% — the slowest in 12 months — in the final quarter (January to March) of 2021-22. […]
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New Delhi: India’s gross domestic product during fiscal year 2021-22 is estimated at 8.7 per cent as compared to a contraction of 6.6 per cent in 2020-21, official data showed on Tuesday. The GDP grew 4.1 per cent year on year in Q4FY22, data showed. In the same quarter of FY21, it was 1.6 per […]
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By Seela Subba Rao Most of the federal governments are vested with powers to raise tax revenues while the States are responsible for undertaking a large part of the public expenditures. The allocation of taxation powers vis-à-vis responsibilities per se creates an imbalance known as vertical imbalance. Further, the existence of vast regional disparities contributes […]
