AP’s steady economic growth lauded
It is marvelous to know that AP has recorded 11.43% GSDP growth, the highest in the country in 2021-22 despite Covid blues.
Economists divided over ex-RBI governor Raghuram Rajan’s ‘Hindu rate of growth’ comment
Economists are divided over what former Reserve Bank of India (RBI) governor Raghuram Rajan recently said about the state of the Indian economy.
Moody's ups India's growth projection for 2023 to 5.5 per cent on higher capex Budget
Moody's said India's growth projection has been "meaningfully raised" as strong data in the second half of 2022 created large carry-over effects for 2023.
Govt to release second advance GDP estimate for 2022-23 on Tuesday
RBI had projected the real GDP growth for 2022-23 at 6.8 per cent, with the third quarter and fourth quarter growth at 4.4 per cent and 4.2 per cent, respectively.
MPC members divided on further policy rate hike
The MPC, headed by RBI Governor Shaktikanta Das, raised the repo rate by 25 bps to 6.5% from 6.25% taking the total quantum of rate hikes since May 2022 to 250 bps.
Europe scrapes out economic growth by dodging gas disaster
Fears of lagging economic growth have not deterred the ECB from its series of interest rate increases, which are raising the cost of borrowing for businesses and consumers.
Partners in progress: KTR asks NRIs to promote Telangana, India
Giving a peek into development, Rama Rao said that paddy production in the State was at 68 lakh tonnes and the government procured 24 lakh tonnes in 201
China's 2022 economic growth seen as its lowest in 40 years
Beijing abruptly loosened pandemic restrictions in early December after three years of enforcing some of the harshest Covid measures in the world.
Frequent construction bans in Delhi hitting business
The Confederation of All India Traders also said that the constant imposition of GRAP is affecting the economic activities and impacting the business operations.
India’s growth prospects in the New Year
Economic forecasters are as unsure as astrologers, and the track record of either set on past projections is far from perfect.
Fitch retains India growth forecast at 7 per cent this fiscal, cuts projections for next two years
In its December edition of the Global Economic Outlook, Fitch projected India's GDP to grow at 7 per cent in the current fiscal and slow to 6.2 per cent in 2023-24 and 6.9 per cent in 2024-25.
Economic growth slows to 6.3 per cent in Q2, RBI spot on
Manufacturing, mining sectors drag growth, contracting 4.3% and 2.8%, respectively
US economy rose 2.9 per cent in third quarter, upgrade from initial estimate
Last quarter's rise in the U.S. gross domestic product, the economy's total output of goods and services, followed two straight quarters of contraction.
S&P cuts India's growth forecast to 7 per cent for FY23
While the World Bank has pared its growth estimate for India by 100 basis points to 6.5 per cent, IMF has trimmed it to 6.8 per cent from 7.4 per cent.
Deloitte expects India to post 6.5-7.1% growth in FY 2022-23
An impending global slowdown or even a recession in a few advanced nations as early as the end of 2022 or early next year is likely to make the situation worse.
RBI pegs Q2 GDP growth rate in range of 6.1-6.3 per cent
The apex bank pegged the current fiscal year gross domestic product (GDP) growth at 7%. In India, supply responses in the economy are gaining strength.
Moody's cuts India's growth projection for 2022 to 7 per cent on global slowdown, rising rates
Moody's expects growth to decelerate to 4.8 per cent in 2023 and then to rise to around 6.4 per cent in 2024.
China's economic growth accelerates but weak amid shutdowns
Growth for the first half of the year was 2.5 per cent over a year earlier, one of the weakest levels in the past three decades.
Reform, economic growth focus to boost FDI opportunities to USD 475 bn in 5 years: EY-CII report
In particular, MNCs are enthused by the impact of GST, the government's digital push in various spheres, and transparency in taxation, amongst other reforms.
Indian economy doing fairly well; additional monetary tightening required, says IMF chief economist
Daniel Leigh, Division Chief of the IMF's Research Department said he expects inflation will be back towards the four per cent mark in 2023-2024.
Tiger kills 65-year-old woman in Odisha wildlife sanctuary, half-eaten body found
'It's a 40 per cent commission government': Rahul Gandhi slams BJP rule in Karnataka
Income Tax sleuths raid offices, home of businessman Faris Aboobacker over alleged tax evasion
Tamil Nadu Budget: Rs 1,000 aid for women family heads will be launched in Sept 2023, says govt
Maharashtra govt staff to get monetary benefits equivalent to OPS, call off strike
Air India urination case: Victim moves SC seeking zero-tolerance policy for unruly fliers