economic growth

Telangana Cabinet blames Centre for state's economic woes

The Cabinet voiced that the State could not achieve much growth owing to the Centre’s polices.

published on : 12th August 2022

India will make significant contributions to economic growth in Middle East and South Asia through I2U2

PM Narendra Modi said the I2U2 grouping has established a positive agenda and its framework is a good model for practical cooperation in the face of increasing global uncertainties.

published on : 27th July 2022

Fitch cuts economic growth forecast to 7.8 per cent; revises India rating outlook to 'Stable' from 'Negative'

"The Outlook revision reflects our view that downside risks to medium-term growth have diminished due to India's rapid economic recovery," it said.

published on : 10th June 2022

Moody's slashes Indian economy growth forecast to 8.8 per cent for 2022

In its update to Global Macro Outlook 2022-23, Moody's said high-frequency data suggest that the growth momentum from December quarter 2021 carried through into the first four months this year.

published on : 26th May 2022

All efforts are continuing to increase coal output: Coal ministry

The ministry's statement comes against the backdrop of certain parts of the country grappling with power outages due to a shortage of coal for power plants.

published on : 24th May 2022

Economic growth may have slowed to 3.5 per cent in Q4 FY22: Report

Even the gross value added (GVA) at basic prices (at constant 2011-12 prices) in Q4 FY2022 seems to have eased to 2.7 per cent from 4.7 per cent in Q3 FY2022, it said.

published on : 23rd May 2022

India headed for robust economic growth: Finance Minister Nirmala Sitharaman

In her first public appearance before the Atlantic Council think-tank, the finance minister spoke about how the people together with the government successfully faced the challenge posed by COVID.

published on : 19th April 2022

Government exploring options to procure crude at affordable prices: Economic Affairs Department

It added that the higher oil prices may hamper the country’s growth target of 8% in FY23.

published on : 8th April 2022

ADB projects India's economy to grow by 7.5 per cent in FY23; to pick-up to 8 per cent next fiscal

ADB said developing Asia's economies are predicted to grow by 5.2 per cent this year and 5.3 per cent in 2023, thanks to a robust recovery in domestic demand and continued expansion in exports.

published on : 6th April 2022

Your money in times of fear

The path ahead is fraught with risks. With a war breaking out in one part of the world, financial markets worldwide are trembling.

published on : 7th March 2022

India's Q3FY22 GDP expected to grow at 6.2 per cent: ICRA

'The economic recovery gained some traction in Q3 FY2022. Rising vaccine coverage and confidence levels instigated a cautious revival in the contact-intensive sectors.'

published on : 16th February 2022

With 9.2% growth in FY22, economy to recover 101.3% of pre-pandemic FY20 output: Budget

India's economic growth is supported by a strong rebound seen in several high-frequency indicators in the third quarter of 2021-22 and rapid progress in vaccination coverage, budget documents said.

published on : 1st February 2022

Job schemes needed to address distress in informal sector

Signs of weakness were visible even during the 2018-19 economic slowdown, and the pandemic dealt a disastrous blow.

published on : 29th January 2022

UK consumer prices rise at fastest pace in almost 30 years

Economists warned that inflation is likely to rise further in coming months as the full impact of a recent surge in energy prices hits consumers.

published on : 19th January 2022

China's economy grows by 8.1 per cent in 2021 amidst challenges posed by pandemic

The pace was well above the government target of "above 6 per cent", and put the two-year average growth at 5.1 per cent, the NBS data showed.

published on : 17th January 2022

China contracting out social media work to promote government, local culture, economic growth: Report

China is contracting out social media work rather than paying individuals to post and promote the government, local culture, economic growth of the country.

published on : 11th November 2021

India on way to becoming fastest growing economy in world: Finance Ministry report

The Economic Survey 2020-21, released in January this year, had projected GDP growth of 11 per cent during the current financial year ending March 2022.

published on : 10th November 2021

FICCI projects 9.1 per cent GDP growth for FY22

Ficci's Economic Outlook Survey also noted that the ongoing festive season would support this momentum.

published on : 7th October 2021

Moody's projects 13.7 per cent growth in FY'22, expects 7 per cent contraction this fiscal

For current fiscal, the US-based rating agency expects the economy to contract 7 per cent, lower than its previous estimate of 10.6 per cent contraction.

published on : 25th February 2021
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