Indian Economy

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Indian Economy - Total results - 527
Budget 2022: Find out how the financial statement is set to affect the market and economy
Business

Budget 2022: Find out how the financial statement is set to affect the market and economy

With COVID-19 pandemic still wreaking havoc across the globe, market players would want the Centre to take steps to generate demand and revive the economy

Indian economy has recovered 'handsomely' from pandemic-induced disruptions, says ex-NITI Ayog VC Arvind Panagariya
India

Indian economy has recovered 'handsomely' from pandemic-induced disruptions, says ex-NITI Ayog VC Arvind Panagariya

Panagariya suggested that the government must now signal its intention to wind down the fiscal deficit by cutting it by a half-to-one percentage point in 2022-23

India's economy has some bright spots, a number of very dark stains, says Raghuram Rajan
India

India's economy has some bright spots, a number of very dark stains, says Raghuram Rajan

Known for his frank views, the economist and former RBI governor said the government needs to do more to prevent a K-shaped recovery of the economy hit by the coronavirus pandemic

Are things looking up for India at Makar Sankranti, a time for new beginnings?
India

Are things looking up for India at Makar Sankranti, a time for new beginnings?

Let us consider a few things that make it look like India is on the upswing, while sounding a few notes of caution

Retail inflation rises to 5.59% in December due to an uptick in food prices, shows government data
Business

Retail inflation rises to 5.59% in December due to an uptick in food prices, shows government data

According to the RBI, it is expected that headline inflation will peak in the fourth quarter of the current fiscal and soften thereafter

IIP growth slows down to nine-month low of 1.4% in November
Business

IIP growth slows down to nine-month low of 1.4% in November

The output of capital goods, which is a barometer of investment, contracted by 3.7 percent in November 2021

PV Narasimha Rao death anniversary: Nitin Gadkari, Hardeep Singh Puri pay tribute to former prime minister
India

PV Narasimha Rao death anniversary: Nitin Gadkari, Hardeep Singh Puri pay tribute to former prime minister

Along with then Finance Minister Manmohan Singh, Rao led the country through the liberalisation of the Indian economy and its re-integration with the global economy

Time of 'extreme pain' in India, economy below 2019 levels: Abhijit Banerjee
India

Time of 'extreme pain' in India, economy below 2019 levels: Abhijit Banerjee

Banerjee was virtually addressing students of the Ahmedabad University in Gujarat on Saturday night from the US during the varsity's 11th annual convocation which was also held online

GST collection at Rs 1.31 lakh crore in November, second highest since rollout
India

GST collection at Rs 1.31 lakh crore in November, second highest since rollout

The GST revenues for the month of November 2021, are 25 per cent higher than November 2020, and 27 per cent higher over November 2019

India, world's largest recipient of remittances, received $87 bn in 2021: World Bank
World

India, world's largest recipient of remittances, received $87 bn in 2021: World Bank

The bank said, remittances to low- and middle-income countries are projected to have grown a strong 7.3 percent to reach $589 billion in 2021

Economic recovery taking hold, private investment should resume, says Shaktikanta Das
Business

Economic recovery taking hold, private investment should resume, says Shaktikanta Das

Lauding tech entrepreneurs, the RBI governor said the country has emerged as a top performer in the startup landscape, attracting billions of foreign capital

India on track to achieve historic highs in exports, says Piyush Goyal
India

India on track to achieve historic highs in exports, says Piyush Goyal

Goyal said India is on course to achieve $ 400 billion of merchandise exports in the current financial year

India must focus on public investment as economy recovers from pandemic, suggests IMF
World

India must focus on public investment as economy recovers from pandemic, suggests IMF

IMF's Fiscal Affairs Department Deputy Director Paolo Mauro advised that special attention must be given to green investment to ensure that recovery is inclusive and eco-friendly

Indian economy in recovery mode from COVID-19 crisis, says World Bank president David Malpass
Business

Indian economy in recovery mode from COVID-19 crisis, says World Bank president David Malpass

Malpass also said that India, which faces huge challenges of integrating more people into the formal sector economy and raising the earnings of the people, has made some progress but that's not enough.

India stares at energy crisis with coal stocks down to days
India

India stares at energy crisis with coal stocks down to days

The shortages have stoked fears of potential black-outs in parts of India, where 70 percent of power is generated from coal

India becoming $5 trillion economy by 2025 'impossible' due to COVID-19 pandemic, says ex-RBI governor C Rangarajan
Business

India becoming $5 trillion economy by 2025 'impossible' due to COVID-19 pandemic, says ex-RBI governor C Rangarajan

India indeed needs a faster rate of growth to make up for the loss of output in the previous two years from the trend rate and must lay the foundation for faster growth in this year itself, the economist said

Fitch Ratings cuts India's economic growth forecast to 8.7%, cites COVID-19 impact
Business

Fitch Ratings cuts India's economic growth forecast to 8.7%, cites COVID-19 impact

The projections for 2021-22 fiscal compares to a contraction of 7.3 percent recorded in the last financial year and a four percent growth in 2019-20

Indian economy's fundamentals strong, private investment picking up, says ex-Niti Aayog VC
India

Indian economy's fundamentals strong, private investment picking up, says ex-Niti Aayog VC

The Indian economy grew by a record 20.1 percent in the April-June quarter this fiscal, helped by a very weak base of last year and a sharp rebound in the manufacturing and services sectors in spite of a devastating second wave of COVID-19

Overall debt of states to hit Rs 71.4 lakh crore in FY22, says rating agency Crisil
India

Overall debt of states to hit Rs 71.4 lakh crore in FY22, says rating agency Crisil

The debt-to-GSDP ratio had risen to a decadal high of 34 percent last fiscal after the first COVID wave caught everyone by complete surprise

India needs $100 billion FDI annually to become $5 trillion economy, says USISPF chief Mukesh Aghi
Business

India needs $100 billion FDI annually to become $5 trillion economy, says USISPF chief Mukesh Aghi

US needs to leverage India on vaccination diplomacy, have Indian factories produce these vaccines so they can ship it to the rest of the world, he observed