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Development Growth Gdp Etc

 China

China Sets This Year's Economic Growth Target At 'Around 5%'

Xi's new leadership team will face challenges ranging from weak global demand for exports and lingering US tariff hikes in a feud over technology and security to curbs on access to Western processor chips due to security...

05 March 2023

India’s Lending Market Grew 11.1% Annually In FY 2022: Says Credit Bureau Report

The lending market in India grew to Rs 174.3 lakh crore in March 2022, up by 11.1 per cent on an annual basis, as compared to March 2021. All sectors suffered momentarily in the second wave of covid in Q1 FY 2022, but have...

20 September 2022

Flag of India

Indian Economy To Grow Fastest Among Large Nations, Says Finance Ministry

The Indian economy is poised to grow at the quickest pace among the league of large nations on the back of various initiatives taken by the government in Budget 2022-23, said the Finance Ministry's Monthly Economic Review.

16 February 2022

Social Infrastructure Key To More Equitable Growth: Economic Survey

As India marches ahead, the ground lost as regards social sector improvements due to the pandemic has largely been recouped, powered by prompt policy making and efficient implementation interwoven with technology, the survey...

31 January 2023

HDFC Bank Looks Ahead To Expand Footprint To Semi-Urban, Rural Areas

At its annual general meeting, HDFC Bank chairman expected the bank to grow around 7.3 per cent in 2022-2021, in spite of global headwinds

16 July 2022

Income

Personal Income Tax More Than 13% Of Average Tax Revenue In Low-Income Developing Countries: IMF

Personal Income Tax is a major factor leading to the economic growth of low-income developing countries as it contributes significantly to the GDP and average revenue, finds a recent study by IMF.

03 February 2022

Growth

India Facing 'Cacophony Of Factors' That May Shake Sovereign Credit Metrics: S&P

S&P forecasts Indian economic growth to slow to 7.3 per cent in current fiscal, from 8.7 per cent last year. India's central bank RBI expects economic growth this fiscal to be at 7 per cent.

12 October 2022

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RSS Chief Mohan Bhagwat Says India Can Achieve Desired Growth If All Work With Compassion

Emphasising on the importance of work of service in nation building, he said the country has not achieved its desired growth in the last seven decades or so but it can grow as much as it desires in the coming years, provided...

22 November 2021

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18 October 2021
China Records Economic Slowdown Amid Covid-19 Crisis, Housing Slump

China Records Economic Slowdown Amid Covid-19 Crisis, Housing Slump

China's CGP has registered a steady decline in the past three quarters. In the third quarter (Q3), it grew 4.9 per cent year on year, slower than the growth of...


17 September 2021
Ups And Lows Of India’s Economic Recovery Curve

Ups And Lows Of India’s Economic Recovery Curve

The Covid-hit Indian economy is showing signs of recovery. But is it good enough to spark a boom?


02 September 2021
Wages Fall But Corporate Profitability High: India’s Surging GDP Numbers

Wages Fall But Corporate Profitability High: India’s Surging GDP Numbers

After Covid-induced lockdowns crippled lives and livelihoods, the first quarter GDP figures seemingly look like the harbinger of good news. But the surge in...


31 August 2021
Centre's Fiscal Deficit Touch 21.3% Of Annual Target At July-End

Centre's Fiscal Deficit Touch 21.3% Of Annual Target At July-End

The deficit figures this fiscal appear much better than the previous financial year, when it soared to 103.1 per cent of the estimate, mainly on account of a...


20 August 2021
White Paper, Black Matter: Cash-Strapped DMK Finds It Difficult To Fulfil Poll Promises

White Paper, Black Matter: Cash-Strapped DMK Finds It Difficult To Fulfil Poll Promises

The manifesto was a painkiller, but reality will be a migraine for the ordinary Tamil. FM Palanivel Thiaga Rajan blames the AIADMK and hints at higher living...


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14 August 2021
The Magnificent Seven: Finance Ministers Who Shaped India’s Destiny

The Magnificent Seven: Finance Ministers Who Shaped India’s Destiny

The last few generations of Indians have lived in an era of sweeping changes driven by passionate proselytisers of the market’s hidden hand—our seven...


06 August 2021
Third Covid Wave May Pull GDP Growth Down To 7%: Economist Abhijit Banerjee

Third Covid Wave May Pull GDP Growth Down To 7%: Economist Abhijit Banerjee

Abhijit Banerjee said that boosting the state's economy is directly related to the revival of the country's economy as it is under stress due to the ongoing...


27 July 2021
Second Covid Wave Impact: IMF Cuts India's GDP Growth Forecast To 9.5% For FY22

Second Covid Wave Impact: IMF Cuts India's GDP Growth Forecast To 9.5% For FY22

For 2022-23, IMF expects economic growth of 8.5 per cent, larger than the 6.9 per cent it had projected in April.


11 July 2021
Expecting GDP Growth This Fiscal To Be In Double Digits: Niti Aayog Vice Chairman Rajiv Kumar

Expecting GDP Growth This Fiscal To Be In Double Digits: Niti Aayog Vice Chairman Rajiv Kumar

The economy contracted by 7.3 per cent when the financial year ended on March 31, 2021.


23 June 2021
The Republic Of Hunger

The Republic Of Hunger

The Government of India has resorted to introducing grand-sounding schemes intended to hide the Union’s pathetic performance on feeding the poor during the...


09 June 2021
Covid Second Wave: World Bank Slashes India's Growth Forecast To 8.3% in FY22

Covid Second Wave: World Bank Slashes India's Growth Forecast To 8.3% in FY22

The global lender projected a 7.5 per cent economic growth for India in the 2022-23 fiscal


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01 June 2021
Indian Economy Grew Before Covid Second Wave Struck; Contracts 7.3% In FY21

Indian Economy Grew Before Covid Second Wave Struck; Contracts 7.3% In FY21

The GDP in Asia's third-largest economy grew by 1.6% in the January-March period, up from 0.5% in the previous quarter when India began pulling out of a steep...


31 May 2021
India's Economy Contracts 7.3% In FY21, Worst In Over Four Decades

India's Economy Contracts 7.3% In FY21, Worst In Over Four Decades

In 2020-21, the Indian economy contracted by 7.3 per cent against 4 per cent expansion in 2019-20, showing the economic impact of the Covid-19 pandemic.


07 April 2021
World Health Day: Dealing With A ‘Pandemic Of Inequality’

World Health Day: Dealing With A ‘Pandemic Of Inequality’

The Covid-19 crisis amplified pre-existing gender gaps and the asymmetric power-relations between men and women. And this has a major impact on health and...


31 March 2021
India’s GDP Growth Likely To Be 7.5 to 12.5%, World Bank Says ‘Amazing How Far India Has Come’

India’s GDP Growth Likely To Be 7.5 to 12.5%, World Bank Says ‘Amazing How Far India Has Come’

According to the World Bank, India’s economy has bounced back but it is not out of the woods yet.


19 March 2021
India's GDP Likely To Grow At 12% In 2021: Moody's Analytics

India's GDP Likely To Grow At 12% In 2021: Moody's Analytics

Moody's saw real GDP growth of 12 per cent in the 2021 calendar year, partially due to a low base-year comparison.


12 March 2021
Rise Of The Moffusil Millionaire

Rise Of The Moffusil Millionaire

As India stumbles out of the ongoing economic malaise, the real action is happening away from the big cities


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