Indian economy

IMF cuts India's economy growth forecast to 9 per cent in FY22 

In its latest update of World Economic Outlook on Tuesday, the Washington-based international financial institution, which had in October last year projected a 9.5 per cent GDP growth for India.

published on : 25th January 2022

Indian economy has recovered 'handsomely' from COVID: Ex-NITI Aayog vice-chairman Arvind Panagariya

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

published on : 25th January 2022

Industry leaders confident about India's economic recovery, expansion: Survey 

As per the survey, about 59 per cent respondents believe that India provides a favourable atmosphere to run a business.

published on : 14th January 2022

World Bank retains India's economic growth forecast at 8.3 per cent for 2021-22

The economy is projected to grow at 9.2 per cent in 2021-22, surpassing the pre-COVID level, mainly on account of improved performance in farm, mining and manufacturing sectors.

published on : 12th January 2022

Indian economy to see 9.5 per cent growth this fiscal: Former chief economic adviser

Eminent economist and former chief economic adviser Arvind Virmani said India's GDP growth is now positive, but job growth is lagging.

published on : 11th January 2022

Indian businesses understand the value of digitalisation: Authors of 'Making India Great Again'

In this interview, authors Meeta and Rajivlochan use India’s past as a resource to identify the challenges the country faces

published on : 8th January 2022

Indian economy estimated to grow at 9.2 per cent in 2021-22, surpass pre-Covid level: Government data

The improvement in the economy comes over a GDP contraction of 7.3 per cent during 2020-21 due to the pandemic and resultant lockdown imposed to curb the spread of the deadly coronavirus.

published on : 7th January 2022

Core sector growth slows down in November at 3.1 per cent

The Indian economy grew at 8.4% in the second quarter of the current fiscal, as against a growth of 20.1% in the April-June quarter.

published on : 1st January 2022

December likely to see fall in consumer sentiment: CMIE

This would be the first month to record a fall in consumer sentiments since June 2021, CMIE said in its weekly labour market analysis.

published on : 31st December 2021

Indian economy rapidly recovering from pandemic-induced downturn: Foreign Secretary Shringla

The foreign secretary said the Economic Survey 2020-21 pointed to a strong "V-shaped" recovery of economic activities.

published on : 14th December 2021

Indian economy fastest in world to come out of COVID pandemic impact: Home Minister Amit Shah

On the new coronavirus variant Omicron, Amit Shah said that the government is keeping a close watch on related developments.

published on : 4th December 2021

Q2 GDP: Indian economy grows 8.4 per cent in July-September, surpasses pre-COVID levels

This year, a massive second wave of the pandemic hit the country in the middle of April, which forced states to impose fresh restrictions. However, the economy has now surpassed the pre-COVID level.

published on : 30th November 2021

Indian economy in better shape than a year ago, says economist Pinaki Chakraborty

On fiscal challenges, director of the National Institute of Public Finance and Policy Pinaki Chakraborty  observed that there is a need to look at the deficit of centre and states together.

published on : 29th November 2021

Building a tiger economy in India: Daunting but doable

Since 2015, except for the Covid-19 impacted period, India has been the fastest-growing major economy and according to IMF projections is expected to remain so in the immediate years ahead.

published on : 25th November 2021

PM Modi to fugitive economic offenders: Return to country

The PM nudged bankers to offer "customised solutions" to businesses and micro, small and medium enterprises (MSMEs).

published on : 18th November 2021
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