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India Needs To Grow 8-10% Over Next 25 Years To Create More Jobs: Singapore Senior Minister

India Needs To Grow 8-10% Over Next 25 Years To Create More Jobs: Singapore Senior Minister

"You need the productive growth because it's the only way in which incomes are going to grow but you need a lot more job growth and it can be achieved," he said

09 July 2022
India's Economy Recovered Strongly Despite 3 Covid Waves, Says US Treasury Report

India's Economy Recovered Strongly Despite 3 Covid Waves, Says US Treasury Report

India's acute second wave weighed heavily on growth through the middle of 2021, delaying its economic recovery, the Treasury said in a semi-annual report

11 June 2022

SBI Revises Up Economic Growth Forecast To 7.5% For Current Financial Year

The report basis its optimism on the rising corporate revenue and profit and the growing bank credit coupled with ample liquidity in the system

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

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

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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


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
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
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
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


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


30 March 2022
India Ratings Slashes India's GDP Forecast To 7%-7.2% Amid Russia-Ukraine War

India Ratings Slashes India's GDP Forecast To 7%-7.2% Amid Russia-Ukraine War

Since the duration of the war continues to be uncertain, in the first scenario crude oil prices could remain elevated for three months, and in the second case...


29 March 2022
Icra Cuts FY23 GDP Growth Estimate Sharply To 7.2% On Ukraine Conflict Impact

Icra Cuts FY23 GDP Growth Estimate Sharply To 7.2% On Ukraine Conflict Impact

It can be noted that the Reserve Bank expects FY23 GDP growth rate at 7.8 per cent


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26 March 2022
India Can Grow Consistently At 8% For Next 20 Years On Current Investment Strategy: Vaishnaw

India Can Grow Consistently At 8% For Next 20 Years On Current Investment Strategy: Vaishnaw

The minister said that India has been a consumption-led economy in the past and the Prime Minister has taken a "path of faith" to increase capital investment...


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