Monday, December 6, 2021

Indian Economy

Editorial: Cautious outlook

A ‘stable’ outlook should not lead to complacency as several parameters, including inflation, unemployment, are still in the red zone

IT industry growth back in double digits: Nasscom Chaiperson

Hyderabad: The IT sector has done well despite the pandemic. In the last one year, the technology industry has contributed about Rs 14.2 lakh...

Telangana 4th largest contributor to economy: RBI

Hyderabad: Just seven years into existence, Telangana, rising from being a parched poverty-ridden region, has emerged as the fourth largest contributor State to the...

30 years of reforms and 3 failures

Income inequality, poverty and unemployment have deepened and the pandemic has accentuated them further

Indian economy shows signs of recovery: Nirmala Sitharaman

Quoting the World Investment Report 2021, the Finance Minister said FDI inflows into India rose by 25.4 per cent to reach USD 64 billion in 2020

Tapering 2nd wave brightens near-term prospects of economy: RBI

Although a solid increase in aggregate demand may take some time

India can become $15 tn economy in 2 decades: Gautam Adani

"India will emerge as one of the largest global markets, both in terms of consumption size and market cap," he added

India poised for double-digit growth this fiscal: Niti VC

Asked when private investments will pick up, Niti Aayog vice chairman Rajiv Kumar said in some sectors like steel, cement and real estate, significant investment in capacity expansion is happening already.

Rapid vaccination needed for economic recovery: Finance Ministry

Finance Ministry report suggested that maintaining a fast pace of vaccination and plugging the lags in the healthcare infra would be the most sustainable stimulus for economic recovery

S&P cuts India’s FY22 growth forecast to 9.5%

GDP growth in the current fiscal was estimated to be in double digits initially, but a severe second wave of pandemic has led to various agencies cut growth projections.

Moody’s cuts 2021 India’s growth forecast to 9.6 pc

Flagging low innoculation rate, it said faster vaccination progress will be paramount in restricting economic losses to the current quarter.

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.

CII pitches for Rs 3 lakh cr fiscal stimulus

CII president T V Narendran also said the chamber expects GDP to grow at 9.5 per cent in 2021-22.

Crisil cuts growth forecast to 9.5 per cent

Crisil said that the second Covid wave has thrown cold water over the Indian economy that was beginning to warm up after witnessing the most severe contraction since Independence.

‘India should focus on reforms’

The government must lead the investment cycle but focus on completing the several projects that are underway and not start new ones.

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