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HP Enterprise, VVDN Tech Sign Pact To Produce USD 1 Bn Worth Of Servers In 4-5 Yrs: Ashwini Vaishnaw

"It is a pleasure to share that HP Enterprise has agreed to produce high-end servers in India under the IT Hardware PLI scheme which was recently approved by our Prime Minister," union minister vaishnaw said

04 July 2023

Arvind Panagariya

Indian Economy Likely To Grow At Over 7% In FY23: Arvind Panagariya

Panagariya further said recessionary fears have been around for a while but so far neither the US nor the EU has gone into recession

21 December 2022

Govt. Spending, Low-Income Jobs, Supply Renewal To Accelerate India’s GDP Growth In 2023: Credit Suisse

In light of the Indian market's underlying economic resilience, Credit Suisse has raised the country's rating from "Underweight" to "Benchmark" for 2023

15 December 2022

Reserve Bank of India

Continued Pause On Policy Rate To Push Growth, Anchor Inflation: Experts

The RBI on Thursday opted for a pause for the second time in a row, maintaining the key benchmark policy rate at 6.5 percent as inflation moderates.

08 June 2023

Nirmala Sitharaman

Note In Circulation Rise 8% Annually To Rs 32 Lakh Crore: Finance Minister Nirmala Sitharaman

The demand for currency depends upon several macroeconomic factors, including economic growth and level of interest rates, she said in a reply to the Lok Sabha

19 December 2022

India Growing Faster Than Official Data Shows

India Growing Faster Than Official Data Shows, Says Credit Suisse

Upgrading Indian equities to 'benchmark' from 'underweight', Credit Suisse said there is a scope for a growth of up to 14 per cent on the benchmark indices

15 December 2022

India Inc May Dole Out 9.8% Salary Hike In 2023

India Inc May Dole Out 9.8% Salary Hike In 2023: Survey

The survey that covered 818 organisations with more than 800,000 incumbents noted that salaries are set to increase by 9.8 per cent in India in 2023

16 January 2023

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The central government is on track to meet its fiscal deficit target of 6.4 per cent of the GDP for 2022-23 on the back of strong growth in revenue collections, the World Bank said in its India Development Update

Govt On Track To Meet Fiscal Deficit Target Of 6.4% For Current Fiscal: World Bank Report

High nominal GDP growth in the first quarter supported strong growth in revenue collection, especially Goods and Services Tax (GST), despite tax cuts on fuel

06 December 2022

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05 December 2022
India Can Sustain 9% GDP Growth For Many Years: EAC Member Sanyal

India Can Sustain 9% GDP Growth For Many Years: EAC Member Sanyal

Speaking at a side event of the first Sherpa meeting under India's G20 presidency here, the economist said India has a per capita income of only USD 2,200 and...


30 November 2022
India’s GDP Growth Slows To 6.3% In July-September Quarter

India’s GDP Growth Slows To 6.3% In July-September Quarter

Last year, the GDP growth rate was 8.4 per cent in the July-September quarter


22 November 2022
India's Fiscal Consolidation Trend Intact; To See Strong Revenues, Debt Stabilisation: Moody's

India's Fiscal Consolidation Trend Intact; To See Strong Revenues, Debt Stabilisation: Moody's

"We expect that India is going to be the fastest growing G-20 economy next year... (but) high inflation pose a downside risk to India's growth as households...


21 November 2022
Goldman Sachs Slashes India’s GDP Forecast For 2023 To 5.9%: Report

Goldman Sachs Slashes India’s GDP Forecast For 2023 To 5.9%: Report

India’s Gross domestic product may expand by 5.9% in calendar year 2023 from an estimated 6.9% this year


07 November 2022
HDFC AMC To Launch Business Cycle Mutual Fund, NFO From Nov 11-25

HDFC AMC To Launch Business Cycle Mutual Fund, NFO From Nov 11-25

HDFC Business Cycle Mutual Fund will identify the potential expansion phases of a business cycle to invest in stocks, and it will invest across market cap


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21 September 2022
ADB Cuts India's Economic Growth Forecast To 7% On High Inflation, Monetary Tightening

ADB Cuts India's Economic Growth Forecast To 7% On High Inflation, Monetary Tightening

India's economy grew 13.5 per cent year-on-year in the first quarter of 2022-23, reflecting strong growth in services, ADB said in a supplement to its flagship...


31 August 2022
India's GDP Grows At 13.5% In Q1 FY23: Govt Data

India's GDP Grows At 13.5% In Q1 FY23: Govt Data

The government today released India’s gross domestic product (GDP) data for the first quarter (Q1) of the ongoing financial year 2022-23


28 July 2022
Modi's Bharat Is In Economic Distress, Can He Fix It Before 2024 Elections?

Modi's Bharat Is In Economic Distress, Can He Fix It Before 2024 Elections?

Demand in rural India is buried under issues like inflation, unemployment and low wages that need immediate attention


21 July 2022
ADB Cuts GDP Forecast For FY23 To 7.2% On Covid, War Impact Amid Inflationary Pressure

ADB Cuts GDP Forecast For FY23 To 7.2% On Covid, War Impact Amid Inflationary Pressure

In April, the Manila-headquartered multilateral funding agency had forecast the Indian economy to grow by 7.5 per cent


11 July 2022
Credit Growth Expected To Improve Aided By Government’s Push On Public Spending

Credit Growth Expected To Improve Aided By Government’s Push On Public Spending

According to the Care Edge report, the gross non-performing assets (GNPA) ratio hit a six-year low of 5.9 per cent in FY22 but remained above the pre-asset...


01 July 2022
Crisil slashes FY23 GDP growth estimate to 7.3%

Crisil slashes FY23 GDP growth estimate to 7.3%

Crisil said there are a slew of negatives like high commodity prices, elevated freight prices, drag on exports as global growth projections get lowered, and...


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17 June 2022
RBI Not Behind The Curve; Tolerance Of High Inflation Was A Necessity: Shaktikanta Das

RBI Not Behind The Curve; Tolerance Of High Inflation Was A Necessity: Shaktikanta Das

The governor assured that an exit from the easy liquidity conditions will be smooth and there will be a "soft landing"


31 May 2022
GDP Slowdown In Q4 Due To Impact Of Pandemic, High Commodity Prices, Say Experts

GDP Slowdown In Q4 Due To Impact Of Pandemic, High Commodity Prices, Say Experts

Indian economy grew at its slowest pace in a year during January-March, pulling down the Gross Domestic Product (GDP) growth in the full year to March to 8.7...


31 May 2022
Worrying Signs For Indian Economy, As Q4 FY22 GDP Growth Declines To 4.1%

Worrying Signs For Indian Economy, As Q4 FY22 GDP Growth Declines To 4.1%

The slowdown seen in the fourth quarter to a four-quarter low of 4.1 per cent was inevitable, stemming from the adverse impact of the third wave on contact...


31 May 2022
India's FY22 Growth At 8.7%, GDP Growth Slows To 4.1% In Q4

India's FY22 Growth At 8.7%, GDP Growth Slows To 4.1% In Q4

The full year GDP data released today highlights the impact of the Russia-Ukraine war and rising crude prices has had on India’s growth


31 May 2022
Stagflationary Risk To India Quite Low Compared To Other Countries, Says CEA

Stagflationary Risk To India Quite Low Compared To Other Countries, Says CEA

Stagflation is the phase when an economy faces moderation in GDP growth as well as high inflation


26 May 2022
SBI Economists Peg Q4 GDP Growth At 2.7%, FY22 Expansion At 8.5%

SBI Economists Peg Q4 GDP Growth At 2.7%, FY22 Expansion At 8.5%

Official data on the economy is expected to be released on May 31


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