While Q2’s headline number is heartening, growth seems to be uneven across sub-components.
The minister also highlighted that Telangana leads in per capita income in the country, besides being one of the fastest-growing states in terms of GSDP.
Infrastructure-led growth gives a strong foundation to modern transformation, provides jobs and stokes all-round demand.
Biden's average approval ratings reported by Real Clear Politics is currently 41%. By contrast, an average of 56% of respondents in these polls disapproved of his performance.
While wars ultimately hit the economies of the countries at war, the sudden economic activity can push growth in the short term.
Efforts should be made to improve the quality of jobs over quantity as India scales into being a middle-income economy.
If the war continues for a second month, the U.N. projects that the Palestinian GDP, which was $20.4 billion before the war began, will drop by 8.4% — a loss of $1.7 billion.
Tasked with shepherding the economy through turmoil they have wrestled with words to pave the transition. There is no room for jargon but there is no dearth of jaw-boning about uncertainty.
The CII Business Confidence Index has continued its upward trajectory as it rose to a three-quarter high of 67.1 in the second quarter as compared to 66.1 in the previous quarter.
In a trend also seen in case of others FMCG players, Godrej Consumer Products reported strong demand for premium and urban-centric products, while mass offerings continued to suffer from poor demand
Relatively few Americans say they're very or extremely confident that they could pay an unexpected medical expense (26%) or have enough money for retirement (18%), a Poll revealed.
The Modi government is incurring debts that will weigh India down in the future, and to show a smaller deficit, is violating all principles of federalism by reducing tax transfers to states," he said.
Wars cost lives. Wars also cost money. The vocabulary of modern warfare is punctuated with mentions of fighter jets and missiles.
Alongside human suffering, depressing developments in the Middle East pose risks for an already weak global economy.
Though near-term inflation may soften due to corrections in vegetable prices such as tomatoes, and the reduction in LPG prices, the trajectory, going forward, will depend on various factors.
China's National Bureau of Statistics (NBC) on Wednesday cautioned that China's external environment was becoming more complex and grave and warned that domestic demand remained insufficient.
A slowdown in imports is usually not a happy augury for an economy like India’s, whose manufacturing sector is import-intensive.
However, compared with September 2022, food inflation is still higher at 6.3% with big spikes in pulse and spices prices.
IMF's Managing Director noted that the World Economic Outlook, which was released earlier this week but drafted before the conflict broke out, already showed weak global growth.
China holds about 52 per cent of Sri Lanka's USD 46 billion external credit.