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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 […]
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By Dr K Srinivasa Rao The global economy is under stress due to geopolitical hostilities and continuing risks of Covid-19 on increased mobility. Rising inflation and repercussions of global portfolio redistribution owing to policy rate hikes in the western world are exacerbating risks to emerging economies. Due to their internal constraints and policy objectives, emerging […]
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India’s expenditure on healthcare accounts for just over 1.17% of the GDP, one of the lowest in the world. It also has one of the lowest health workforce in the world. The coronavirus pandemic has exposed the gaps in the country’s healthcare infrastructure and should ideally serve as a wake-up call to revamp the sector […]
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Visakhapatnam: A new detailed project report on Visakhapatnam Metro Rail project has estimated the cost of the project at Rs.14,309 crore to cover 76.9 km length with 54 stops including two depots, according to Andhra Pradesh Metro Rail Corporation Ltd. Managing Director UJM Rao. Delivering a special talk on the project arranged by the Public […]
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Mumbai: While maintaining an accommodative stance, the Reserve Bank of India (RBI) on Friday cut the real Gross Domestic Product (GDP) growth projection for the current Financial Year 2022-23 to 7.2 per cent, against the earlier projection of 7.8 per cent. The inflation forecast has also been hiked from 4.5 per cent to 5.7 per […]
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Hyderabad: Chief Minister K Chandrasekhar Rao conveyed his Ugadi festival greetings to the people of Telangana and hoped the new year ‘Shubhakrut’, which wraps up the auspiciousness in the name itself, will bring good fortune to the people in all spheres. Stating that Telangana, which is on the path of progress in a short period, […]
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Hyderabad: The TRS legislators on Sunday slammed the BJP-led union government for being vengeful towards farmers and discriminating the non-BJP-ruled States like Telangana. They said with the fear that Telangana would overtake Gujarat in economic growth, the Centre was rejecting requests from the State for paddy procurement. Speaking to mediapersons at TRS Legislative Party office […]
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Hyderabad: CLP leader Mallu Batti Vikramarka on Tuesday lashed out at the BJP government at the Centre for its discrimination towards Telangana in sanctioning projects and allocating funds. “Telangana is one of the leading contributors to India’s GDP. Yet, the Central government does not allocate projects and creates hurdles in development works taken up in […]
