CII president asserted that the country must pursue bilateral trade pacts with key trading partners to protect national interests in the backdrop of increasing trade barriers
The new tariffs may adversely impact India’s booming exports in various sectors, but it could still remain competitive as China, Vietnam, Taiwan and Thailand face even higher tariffs
India, however, is likely to be relatively less impacted among Asian economies as other countries have been hit by higher tariff rates or run a larger trade surplus with the US
"The conditions are shaping up for an extension of a trend upshift in India's real GDP growth, backed by strong investment demand and upbeat business and consumer sentiments," the report states.
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 […]
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.
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.
State Bank of India (SBI) has developed a 'nowcasting model' with 41 high-frequency indicators associated with industry activity, service activity, and global economy.
Assam, once known for agitation and violence, is marching forward on the path of development under the leadership of the prime minister, Sonowal and Sarma, he said.
