Friday, Aug 12, 2022
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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

28 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

21 July 2022

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...

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...

01 July 2022

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"

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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
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


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


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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23 May 2022
Economic Growth May Have Slowed To 3.5% In Q4 FY22: Report

Economic Growth May Have Slowed To 3.5% In Q4 FY22: Report

The National Statistical Office (NSO) will release the fourth quarter numbers of fiscal 2022 on May 31


19 May 2022
India, Fastest-Growing Major Economy, Projected To Grow 6.4% In 2022: UN

India, Fastest-Growing Major Economy, Projected To Grow 6.4% In 2022: UN

The global economy is now projected to grow by only 3.1 per cent in 2022, down from the 4.0 per cent growth forecast released in January 2022


18 May 2022
S&P Cuts FY23 India Growth Forecast To 7.3% On Rising Inflation, Russia-Ukraine War

S&P Cuts FY23 India Growth Forecast To 7.3% On Rising Inflation, Russia-Ukraine War

S&P had in December last year pegged India's GDP growth in the 2022-23 fiscal, which began on April 1, 2022, at 7.8 per cent


18 May 2022
Japan's Quarterly Economy Contracts As Energy Prices Soar

Japan's Quarterly Economy Contracts As Energy Prices Soar

Japan's real gross domestic product, or GDP, the sum of the value of a nation's products and services, contracted 0.2 per cent in January-March compared to the...


29 April 2022
Structural Reforms And Price Stability Key For Sustained Growth: RBI Report

Structural Reforms And Price Stability Key For Sustained Growth: RBI Report

The report has suggested structural reforms, including enhancing access to litigation free low-cost land, raising the quality of labour through public...


29 April 2022
US Economy Shrinks, Threats Loom, But Growth Likely To Last

US Economy Shrinks, Threats Loom, But Growth Likely To Last

The 1.4% quarterly decline in gross domestic product — the first contraction since the pandemic hit in 2020 -- is not likely a prelude to recession,...


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20 April 2022
IMF Cuts India’s GDP Forecast To 8.2% For Current Financial Year 

IMF Cuts India’s GDP Forecast To 8.2% For Current Financial Year 

It has projected India’s growth to slow to 6.9% in 2023-24 from 7.2% estimated earlier. 


14 April 2022
Increased Tax Revenue Mop-Up Keeps India On Track To Becoming $5 Trillion Economy: Finance Ministry

Increased Tax Revenue Mop-Up Keeps India On Track To Becoming $5 Trillion Economy: Finance Ministry

Tax revenues in last fiscal year grew by a record 34 per cent to Rs 27.07 lakh crore, which the ministry said is "a remarkable testimony to the rapid recovery"...


14 April 2022
World Bank Reduces Pakistan’s Growth Forecast To 4.3%

World Bank Reduces Pakistan’s Growth Forecast To 4.3%

In Pakistan, high inflation has pushed the real lending rate briefly into negative territory in 2021. But a series of monetary tightening measures lowered...


11 April 2022
UK Economic Growth Slows Amid Declines In Manufacturing

UK Economic Growth Slows Amid Declines In Manufacturing

Gross domestic product increased just 0.1% from a month earlier, down from the 0.8% growth reported in January, the Office for National Statistics said Monday


04 April 2022
India's Manufacturing Activities Moderate In March As Production, Sales Slow Down

India's Manufacturing Activities Moderate In March As Production, Sales Slow Down

The seasonally-adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) was at 54.0 in March, down from 54.9 in February


03 April 2022
India On Cusp Of Major Economic Recovery; Talks Of Stagflation 'Overhyped': Niti Aayog VC

India On Cusp Of Major Economic Recovery; Talks Of Stagflation 'Overhyped': Niti Aayog VC

Niti Aayog Vice Chairman Rajiv Kumar asserted that it was quite clear from all accounts that India will remain the fastest growing economy in the world


29 March 2022
Parliament Passes Budget: FM Sitharaman Says Will Ensure Predictable Recovery

Parliament Passes Budget: FM Sitharaman Says Will Ensure Predictable Recovery

Sitharaman also defended the handling of inflation but acknowledged the ongoing war in Russia and Ukraine has posed fresh challenges


24 March 2022
India's 2022 GDP Growth Downgraded To 4.6% Due To Ongoing War In Ukraine: UN Report

India's 2022 GDP Growth Downgraded To 4.6% Due To Ongoing War In Ukraine: UN Report

India was forecast to grow at 6.7 per cent in 2022 and this projection has been downgraded to 4.6 per cent by UNCTAD


01 March 2022
India’s GDP Growth Moderates To 5.4% In Q3FY22, Indicating A Robust Recovery Is Still Not In Sight

India’s GDP Growth Moderates To 5.4% In Q3FY22, Indicating A Robust Recovery Is Still Not In Sight

The second advance estimates of national income 2021-22 pegs GDP growth for the year at 8.9 per cent as compared to a contraction of 6.6 per cent in...


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