Indian Ecocnomy
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Time for corporate sector to come forward in a big way to step up investments: RBI Guv Das
Business | September 05, 2024 12:39 ISTDas also stressed on improving female labour force participation in India as it is lower than global average
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India to become third largest economy with USD 5 trillion GDP in three years: Finance Ministry
Business | January 29, 2024 16:13 ISTIndia was the 10th largest economy with a GDP of USD 1.9 trillion a decade ago, but now it stands as the 5th largest at USD 3.7 trillion.
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India set to become third-large economy by 2030, says S&P
Business | December 05, 2023 11:40 ISTS&P forecasted that India will achieve 7 per cent GDP growth in 2026-27 fiscal and the growth rate will propel the county to become the third-largest economy. India currently is the fifth largest economy in the world behind the US, China, Germany and Japan.
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'Whole world is facing inflation, India too facing same, but...': PM Modi vows to minimise soon
India | August 15, 2023 10:54 ISTThe PM acknowledged that the country has been facing inflation but added that his government is working hard to minimise the burden of sky-rocketing prices.
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India has come out strong from challenges posed by Covid: World Bank president Ajay Banga
Business | July 19, 2023 16:32 ISTWorld Bank President Ajay Banga, who is on India's visit to participate in G20 meet, hailed the Indian economy saying India is doing a lot of things to stay ahead during the global slowdown.
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'Look at what's happening in India rather than listening to West propagated perception': Sitharaman
Business | April 11, 2023 9:43 ISTSitharaman lambasted the Western media which has a tendency to document only inimical happenings to create an atmosphere of anxiety among the business fraternity.
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World Bank cuts India's growth forecast to THIS much; where does Pakistan stand? CHECK HERE
Business | April 04, 2023 21:16 ISTDespite this, the World Bank report said India was one of the fastest-growing economies in the world despite significant challenges remaining in the global environment.
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IMF projects slowdown in Indian economy in fiscal year 2023 | Check World Economic Outlook report
Business | January 31, 2023 8:59 ISTIMF on Indian economy: According to the projection, growth in India is set to decline from 6.8% in 2022 to 6.1% in 2023 before picking up to 6.8% in 2024, with resilient domestic demand despite external headwinds.
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Digital currency to further bolster digital economy, make payment system more efficient: RBI
Business | January 25, 2023 18:42 ISTAnother official of the RBI said users of Central Bank Digital Currency in the retail segment will reach 50,000 by the end of this month.
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India likely to loose its 'fastest growing economy tag' as growth took hit from weakening demand
Business | January 07, 2023 12:13 ISTIf the forecast comes true, India's GDP growth will be lower than Saudi Arabia's expected 7.6 per cent expansion.
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How will Indian exports perform in 2023? Global Trade Research Initiative explained
Business | January 03, 2023 13:31 ISTGlobal Trade Research Initiative's report suggested that Indian exports may not be as impacted as other large economies by weak global demand in 2023.
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Ex-RBI chief says with 8-9% growth rate, India will take 20 years to become developed nation
India | December 24, 2022 14:26 ISTThe former RBI chief noted that the per capita income will have to be at a minimum of USD 13,205 and the economy should have to maintain strong growth of between 8 to 9 per cent in order to achieve the goal.
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India's exports dip by 3.52% to USD 32.62 billion in September: Govt data
Business | October 03, 2022 23:08 ISTImports during the month, however, grew by 5.44 per cent to USD 59.35 billion as against USD 56.29 billion in September 2021, the data showed.
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India is on track to attract USD 100 bn FDI this fiscal: Govt
Business | September 24, 2022 23:51 ISTIn 2021-22, the country received the "highest ever" foreign inflows of USD 83.6 billion.
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Fitch slashes FY23 India growth forecast to 8.5 pc on high energy prices
Business | March 22, 2022 10:16 ISTIn its Global economic Outlook-March 2022, Fitch said the post-COVID-19 pandemic recovery is being hit by a potentially huge global supply shock that will reduce growth and push up inflation.
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India's GDP to grow at 9.2% in 2021-22, to surpass pre-Covid level, says govt data
Business | January 07, 2022 22:10 ISTAs per the first advanced estimates of the national income released by the National Statistical Office (NSO) on Friday, a growth is witnessed across sectors.
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Swift recovery expected due to limited impact of lockdown on economy: Survey
Business | July 11, 2021 13:06 ISTIndia's economy is expected to see a swift recovery from the impact of the second wave of COVID-19 as lockdowns were largely designed to limit social gatherings and did not affect economic activities much.
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Indian economy poised for recovery in FY22, says SBI Chairman
Business | June 27, 2021 12:07 ISTSpeaking on the performance of the bank in FY21, he said that although the last fiscal was an exceptionally challenging year for the entire world, the state-run bank was able to function against all odds with minimal disruption for the customers.
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UN raises global economic forecast to 5.4 per cent growth in 2021
Business | May 12, 2021 12:59 ISTOne of the key drivers of economic recovery has been investment, he said, with some countries like the U.S. seeing only a 1.7 per cent drop in investment last year while some developed countries saw investment drop by 4 per cent of GDP or even more.
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Indian economy reviving well after outbreak, says Lok Sabha Speaker Om Birla
Business | December 19, 2020 23:02 ISTLok Sabha Speaker Om Birla on Saturday said India's economy was witnessing rapid revival after the slowdown due to the coronavirus outbreak and lockdown.
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