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A pick-up in capex is expected to become more broad-based in FY25, led by marginally moderate public capex but higher private corporate capex after elections, Jain said.
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In an initial boost to the PM's idea and a validation of sorts to his demonetisation announcement, the Reserve bank of India soon said that 98 per cent of the scrapped notes were returned to the banking system.
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Annual retail inflation, called CPI or consumer price index, rose 5.02 per cent in September from 6.83 per cent in the previous month on the back of softer vegetable prices, according to data released by the National Statistical Office
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India is going to be the third-largest economy nation in the world by 2047 with its rapid development in the infrastructure sector.
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Underlying (core) inflation is projected to decline more gradually, and forecasts for inflation in 2024 have been revised upward
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According to a new forecast by Goldman Sachs, India’s economy is likely to become the world’s second-largest economy by 2047.
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Several forecasting agencies also share optimism as they have upwardly revised their growth estimates for India for 2023-24
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Internet shutdowns by law enforcement agencies like the one in Manipur and Punjab cost USD 1.9 billion to the Indian economy
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Confederation of Indian Industry President R Dinesh said the growth will be supported by strong domestic drivers and robust momentum in capital expenditure
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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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India is growing but the sequential quarter growth is declining and the economy is losing steam, said former Union finance minister P Chidambaram
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With country's focus riveted on Adani, none noticed an important development. India's Forex reserves hit an 11-week low, rupee traded in a thin range of 82.56 to 82.89 and exports declined.
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The narrative around poverty makes intelligentsia overlook the issue of economic insecurity which is equally important
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RBI said the Indian economy exhibited remarkable resilience to multiple shocks encountered in succession since early 2020
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The strength of the India-US relationship lies in mutual understanding of each one's necessities and respecting the differences, Sitharaman said.
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One should not lose track of the harsh ground realities. India’s per capita GDP is less than half the average for the world.
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FACT Vs FICTION By B Sambamurthy All hell broke loose when the Centre for Monitoring Indian Economy (CMIE), a private think […]
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Hyderabad: The BJP, which is holding its two-day National Executive meeting in Hyderabad starting today, is expected to mull over two proposals which include the political as well as economic agenda of the party. Under the political agenda, the party is likely to hold discussions over their presidential candidate Droupadi Murmu and the recently formed […]
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Gurugram: The country has shown exemplary resilience in recovery from the COVID-19 pandemic crisis, Chief Economic Advisor (CEA) Anantha Nageswaran said on Saturday. Nageswaran was addressing an event on “Indian Economy: Prospects, Challenges and Action Points” at Haryana Institute of Public Administration (HIPA) here. “India has shown an exemplary resilience in recovering from a crisis […]
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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. […]