"gdp"

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 […]

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 […]

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 […]

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, […]

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 […]

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 […]

New Delhi: As higher oil prices torpedo economic recovery worldwide, Morgan Stanley has cut India’s GDP forecast for the fiscal year beginning April 1 by 50 basis points to 7.9 per cent, raised retail inflation projection to 6 per cent and expects current account deficit to widen to 3 per cent of GDP. “Even as […]

Hyderabad: If the participation of female workers in the labour market is abysmally low, then the women who are part of the contractual staff in the country is lower than usual. According to a latest analysis by TeamLease Services titled No Women Left Behind, only 12 per cent of the women are part of the […]

New Delhi: Indian economy is expected to incur an additional $70 billion burden (or 1.9 per cent of the country’s GDP) in FY23 as compared to the current fiscal at an average crude price of $120 per barrel, said brokerage house Kotak Securities. Steep crude prices will pose stiff challenges in the form of higher […]

Mumbai: Led by the general government debt, the country’s non-financial sector debt grew 11.9 per cent year-on-year to Rs 371 lakh crore, or 170.2 per cent of GDP, in the September 2021 quarter, even as the indebtedness of the households declined marginally, according to a report. However, this is lower than the previous fiscal, when […]

Hyderabad: Two years of sustained pressure on healthcare infrastructure due to three successive Covid waves had raised a lot of expectations from the union Budget among public health specialists. However, the overall reaction from industry leaders in healthcare towards the Budget has been a mixed bag. A 10 per cent increase in allocation to health […]

Visakhapatnam: The Praja Arogya Vedika affiliated to Jan Swasthya Abhiyan has urged the union Minister of Finance Nirmala Sitharaman to allocate a minimum of three per cent of the GDP in the budget to health care so that India would become world no. 1 number one in providing quality health care to the citizens. In […]

New Delhi: India’s economy is estimated to clock a growth of 9.2 per cent in terms of real GDP for FY22, official data showed on Friday. In 2020-21, India’s economy had contracted by (-)7.3 per cent. On Friday, the First Advance Estimates of National Income for financial year 2021-22, estimated that ‘Real GDP’ or ‘GDP […]

New Delhi: Union Minister of Home Affairs and Cooperation Amit Shah said on Friday that India is likely to become the fastest growing economy in the world in the current financial year. “We are reaching the pre-COVID levels. July to September GDP number has been at 8.4 per cent and I think in the year […]

The move to open the doors to foreign tourists through free visas, for the first time in one-and-a-half years, is a welcome development as it is expected to revive tourism, hospitality, and aviation sectors, the worst affected during the pandemic. The steady decline in the fresh Covid-19 cases, coupled with the vaccination drive gaining momentum, […]

By JR Janumpalli The buzzword everywhere is development and distribution of wealth to the people. It is more strident in developing and poor countries. In India, we hear it day in and day out. But we seldom know if it is national income, income of household, personal income or its distribution among the people which […]

The latest data on the first quarter of the current financial year 2021-22 shows a big jump in the gross domestic product (GDP), compared with the corresponding period last year, but it may not be a true reflection of the country’s economic recovery process. This is because the base for comparison is very low, set […]

The index no longer captures the economy or its constituents effectively. It may no longer be the barometer of the Indian economy, Dr Vikas Singh, president, Crux Management Services tells Y V Phani Raj in an interview. Excerpts

"MSME sector had seen demand and supply equations change due to Covid. Several of them had cut their operations and closed," said Naveen Agarwal, partner of Ernst & Young

The fears over the possible third wave of the pandemic, coupled with growing unemployment, have created a situation where expectations of a quick economic recovery need to be tempered