Indian Economy

	Unlike global economy, India will not slow down: RBI Unlike the global economy, India would not slow down – it would maintain the pace of expansion achieved in 2022-23, the Reserve Bank of India (RBI) said on Tuesday. published on : 22nd March 2023
	RBI in a spot due to price rise, fed heat As it is, global monetary policy actions are unprecedented in size and speed. published on : 11th March 2023
	Informal sector MSMEs losing out, need to be in policy net A significant portion of MSMEs are not in any books and they operate in the informal sector. So, they may not see the need to register. published on : 11th March 2023
	Close chasm of inequality to match per capita income rise However, scratch the surface, and it will be seen that rising income levels are mostly restricted to the 10% of the richest Indians. published on : 8th March 2023
	‘Family’ in Indian family businesses is key to growth Family businesses will need to put their families in order, so that they can reap the benefits of an improving business environment and continue to contribute to the Indian economy. published on : 7th March 2023
	Economic growth estimates are a trap, not to be taken at face value GDP revisions aren't unique to India. Internationally too, early estimates suffer from limited data availability, an issue that's addressed by successive revisions. published on : 5th March 2023
	We consider infra development as driving force of economy: PM Modi Prime Minister Modi said the government's capital expenditure or capex has increased 5 times as compared to 2013-14. published on : 4th March 2023
	Moody's maintains stable outlook on Indian banks Moody’s said as strong data in the second half of 2022 created large carry-over effects for 2023, India’s growth projection has been “meaningfully raised”. published on : 1st March 2023
	Economy slows to 4.4 per cent in Q3, govt’s full-year target intact The manufacturing sector’s output, going by the gross value added in the third quarter of 2022-23, shrank 1.1 per cent compared with a growth of 1.3 per cent in the year-ago period. published on : 1st March 2023
	Analysts estimate GDP growth in Q3 between 4.5 pc and 5.5 pc As per ICRA, growth of GDP in the quarter would grow at 5.1 per cent, a base effect-led moderation from 6.3 per cent registered in Q2, FY23. published on : 28th February 2023
	India's economic growth appears to be very fragile, says RBI's MPC member The Reserve Bank of India (RBI) has projected India's economic growth at 6.4 per cent for 2023- 24. published on : 26th February 2023
	Despite being fastest growing economy, India still has a large population of poor: Guv Ravi “When India rises, the world feels comfortable. When European countries rose, colonisation and massive exploitation began, and we became victims ourselves,” he said. published on : 24th February 2023
	FPIs shift focus back on Indian market; invest Rs 7,600 cr in one week Outflows from Indian equities could be attributed to relatively higher valuations, which prompted the FPIs to shift their focus towards other markets having relatively attractive valuations. published on : 20th February 2023
	Mutual funds' collection through NFO drops 38 per cent to Rs 62,000 cr in 2022 A total of 228 new schemes were floated last year, which was way higher than the 140 launched in 2021, according to the data compiled by Morningstar India. published on : 20th February 2023
	Retail inflation spurts to three-month high of 6.52 per cent in January The inflation in rural areas was higher at 6.85 per cent as compared to 6 per cent in the urban centres. published on : 13th February 2023
	Illegal subsidies by trade partners, other countries hurt Indian businesses: Centre The centre added that corrective actions were being taken in the form of invoking dispute settlement mechanisms. published on : 13th February 2023
	Rice is a key factor for India's economy: President Murmu Murmu hoped that scientists would devise eco-friendly rice production systems and develop more climate-resilient rice varieties to overcome climate-induced crises. published on : 11th February 2023
	Industrial credit must rise to capex occasion The reluctance of both bankers and large borrowers towards fresh credit is unmistakable. published on : 11th February 2023
	Budget 2023 fortifying India against recession Tax breaks have in fact been provided at every level or band of taxation rate, each of which is aimed at ensuring more money remains with the people. published on : 7th February 2023
	TN likely to play major role in national green hydrogen mission “The state had held a series of consultative meetings and a hydrogen policy will be chalked out within the next few weeks,” he said. published on : 2nd February 2023