Indian Economy

Showing of 21 - 40 from 527 results
Indian Economy - Total results - 527
Exports, FDI and startups fire on all cylinders to get Indian economy back on resilient track
India

Exports, FDI and startups fire on all cylinders to get Indian economy back on resilient track

For the first time ever, India may hit $600 billion in cumulative exports this financial year

On 30th anniversary of economic liberalisation, Manmohan Singh says 'road ahead is daunting'
India

On 30th anniversary of economic liberalisation, Manmohan Singh says 'road ahead is daunting'

The former prime minister lauded the achievements in the past three decades, but expressed pain at the loss of lives and livelihoods due to the COVID-19 pandemic

Narendra Modi’s new Cabinet has its task cut out: Ensure Indian economy grows at 8-9%
India

Narendra Modi’s new Cabinet has its task cut out: Ensure Indian economy grows at 8-9%

One of the biggest challenges for the NDA government will be to push deep economic reforms when many Opposition-ruled states are determined to oppose them.

S&P Global Ratings lowers India's GDP growth forecast for FY22 to 9.5% from 11%
India

S&P Global Ratings lowers India's GDP growth forecast for FY22 to 9.5% from 11%

The agency lowered the growth outlook saying that a severe second COVID-19 outbreak in April and May led to lockdowns imposed by states and sharp contraction in economic activity

Explained: Why clean, cost-effective logistics are essential as freight movement in India goes up
India

Explained: Why clean, cost-effective logistics are essential as freight movement in India goes up

India, the world's third largest emitter of carbon dioxide, has the potential to reduce nitrogen oxide and particulate matter emissions by 35 percent and 28 percent respectively by 2050

Amid COVID-19 case surge, leading brokerages downgrade India’s GDP forecast for FY22
Business

Amid COVID-19 case surge, leading brokerages downgrade India’s GDP forecast for FY22

While Nomura has downgraded projections of economic growth for the fiscal year ending March 2022 to 12.6 percent from 13.5 percent earlier, JP Morgan now projects GDP growth at 11 percent from 13 percent earlier

IMF projects India’s growth rate to jump to 12.5% for 2021, stronger than that of China
Business

IMF projects India’s growth rate to jump to 12.5% for 2021, stronger than that of China

The Washington-based global financial institution said that the Indian economy is expected to grow by 6.9 percent in 2022

COVID-19 lockdown anniversary: Worst behind, Indian economy poised to bounce back but rising cases risk recovery
India

COVID-19 lockdown anniversary: Worst behind, Indian economy poised to bounce back but rising cases risk recovery

The lockdown sent the economy into its worst-ever contraction of 24.4% in the June quarter, followed by a -7.3% shrinkage in July-September, pushing the economy into a rare recession

Service sector PMI at one-year high in Feb, but shows dip in employment, finds study
Business

Service sector PMI at one-year high in Feb, but shows dip in employment, finds study

Jobs losses across both the manufacturing and service sectors could restrict domestic consumption in the coming months, IHS Markit's Pollyanna De Lima said

RBI concerned over impact of cryptocurrencies on India's financial stability, says Shaktikanta Das
Business

RBI concerned over impact of cryptocurrencies on India's financial stability, says Shaktikanta Das

The RBI governor said: 'We have certain major concerns about cryptocurrencies. We have communicated them to the government. It is under consideration in the government and I do expect and I think sooner or later the government will take a call and if required Parliament also will consider and decide'

India's GDP may turn positive at 1.3% in Dec quarter of FY2020-21: DBS Bank report
India

India's GDP may turn positive at 1.3% in Dec quarter of FY2020-21: DBS Bank report

The government will release the GDP numbers for the October-December quarter of the current fiscal on Friday

Narendra Modi chairs sixth NITI Aayog meet, stresses on partnership between Centre and states to boost economy
India

Narendra Modi chairs sixth NITI Aayog meet, stresses on partnership between Centre and states to boost economy

The prime minister underlined the need for reducing compliance burden on people and asked the states to form committees to reduce regulations which are no longer relevant

GDP to be in growth territory in Oct-Dec, signifies exit from COVID-induced recession, says ICRA report
Business

GDP to be in growth territory in Oct-Dec, signifies exit from COVID-induced recession, says ICRA report

Private consumption and government spending will help the economy post a turnaround during the December quarter and the GDP will grow 0.7 percent, the ratings agency said

Indian economy on track for recovery in next fiscal but banking sector to show improvement by 2023, says S&P
Business

Indian economy on track for recovery in next fiscal but banking sector to show improvement by 2023, says S&P

S&P Global Ratings said India faces a permanent loss of output versus its pre-pandemic path, suggesting a long-term production deficit equivalent to about 10 percent of GDP

FM's interview to Network18: Nirmala Sitharaman reveals NDA govt's macroeconomic philosophy and road ahead
Business

FM's interview to Network18: Nirmala Sitharaman reveals NDA govt's macroeconomic philosophy and road ahead

To a question on whether 11% GDP growth and a V-shaped recovery is achievable and if so, sustainable of the next few years, Nirmala Sitharaman said the economy doesn’t grow on the finance minister’s commands, it is the fruit of toil and vision of Indian citizens and her job as the minister is limited to removing the obstacles in that path

Indian economy estimated to contract by 9.6% in 2020, may grow by 7.3% in 2021, says UN report
Business

Indian economy estimated to contract by 9.6% in 2020, may grow by 7.3% in 2021, says UN report

The report projected India to become the fastest growing major economy in 2021, followed by China

Union Budget 2021: Govt must redirect focus on resolving demand-side issue for economic recovery
India

Union Budget 2021: Govt must redirect focus on resolving demand-side issue for economic recovery

Sunil Kumar Sinha of India Ratings warned that even if the supply-side bottlenecks get restored on account of various RBI measures it may soon run into difficulties due to the lack of adequate demand

India’s medium-term growth to slow to 6.5% after initial rebound, says Fitch Ratings
Business

India’s medium-term growth to slow to 6.5% after initial rebound, says Fitch Ratings

As per the rating company, India's economy is now in a recovery phase that will be further supported by the rollout of vaccines in the next months

World Bank says Indian economy may contract by 9.6% in 2020-21, estimates severe income losses in informal sector
India

World Bank says Indian economy may contract by 9.6% in 2020-21, estimates severe income losses in informal sector

In the rest of South Asia, the economic impact of COVID-19 has been somewhat less severe but still significant. Economies that depend heavily on tourism and travel have been especially hard hit

India to replace UK as fifth-biggest economy in 2025, become third-largest by 2030, says think tank report
India

India to replace UK as fifth-biggest economy in 2025, become third-largest by 2030, says think tank report

The Centre for Economics and Business Research's annual report said that the coronavirus crisis had been a ‘human and an economic catastrophe’ for India