Growth
Recent Highlights
All Stories for Growth
RBI cuts FY23 growth forecast to 7.2% amid geopolitical uncertainties
•Earlier this year, the Economic Survey in January had projected a growth rate of 8-8.5 per cent for the current fiscal
Fitch slashes FY23 India growth forecast to 8.5 from 10.3% on high energy prices
•With the Omicron wave subsiding quickly, containment measures have been scaled back, setting the stage for a pick-up in GDP growth momentum in the June quarter this year, the agency said.
Unacademy and its founder Gaurav Munjal’s unquenchable and aggressive quest for growth
Msriramandchandrarsrikanth •Munjal’s approach of prioritising growth over culture, setting valuation benchmarks internally and leading what some consider an opulent lifestyle is from the startup playbook
Budget 2022: FY2023 fiscal deficit to be similar to budgeted level for FY2022
Aditi Nayar •ICRA projects the fiscal deficit at a higher Rs 17.9 trillion (or 6.9 percent of GDP), driven by free foodgrains under the PMGKAY scheme and an enhanced outgo for MGNREGA
US economic recovery slow but ready for Fed to start withdrawing financial support
•Federal Reserve Chair Jerome Powell has signaled that the start of the taper process could begin before the end of the year, but an increase in the key borrowing rate would not come until later
India's economy shows signs of recovery as restrictions ease, says Moody's Investors Service
•In its August update to 'Global Macro Outlook 2021-22', Moody's retained India's growth forecast for the 2021 calendar year at 9.6 percent and seven percent for 2022
India among large emerging market sovereigns to have highest debt burden by 2021, says Moody's
•Despite steps toward the resolution of high non-performing loans, the banking system continues to suffer from weak asset quality, and low loan-loss coverage and capital adequacy, it added
Children born, living in high-altitude areas may have slower growth compared to those in lower altitudes, reveals study
Myupchar •Specific interventions must be devised for children born and growing up in hilly or mountainous regions, noted a study which observed over 9 lakh children from 59 countries between 1992 and 2018
Economy Under Lockdown | Aerospace and Defence | Insider Take By Rohit Beri, Director, Aerospace & Defence Practice, Frost & Sullivan
Fp Staff •Rohit Beri, Director, Aerospace & Defence Practice, Frost & Sullivan, takes us through the focus points of the economic impact in the defence sector.
'Greatest emergency since Independence': Raghuram Rajan urges govt to seek experts' help in dealing with COVID-19's economic impact
•Former RBI governor Raghuram Rajan has suggested to the government to call people with proven expertise and capabilities, including from Opposition, to deal with perhaps the greatest emergency being faced by the country since Independence following the coronavirus outbreak.