Arup Roychoudhury

In his early days, PM Modi had said that the government would get out of most sectors, a vision which was given credence through the new policy of 'strategic sectors' announced by Sitharaman in 2020

We are projecting FY24 GDP growth at 6.5-6.7 per cent. We believe 6.5 per cent will be achievable, even in a slightly negative scenario. And 6.7 per cent is our belief, let me put it that way

Some say El Niño conditions may prove to be a headwind for the economy

He said core and food inflation both came down, with a bumper harvest and healthy prospects for kharif season

On a nominal basis, gross fixed capital formation (GFCF), a proxy for infrastructure investment, contributed 29.2 per cent to FY23 GDP

Growth in services and manufacturing and private investment rebound likely to have helped economy in Q4

The new strategy will focus on ADB deepening its engagement with the country and supporting India's drive for robust, climate-resilient, and inclusive growth

While consumption recovery remains strong in urban areas, the rural market is also showing nascent sign of recovery as real wage growth turns positive

Steel, cement sectors in India ready for greenfield investment, says Nageswaran

'Withdrawal of Rs 2K notes to be completed in non-disruptive manner'

The report stated that inflationary pressures across countries are waning with commodity prices easing in the current year following weakened prospects for global demand and improving supply chains

This is not the first time that the RBI has paid a windfall surplus to the Centre

The interest rate for SCSS was increased to 8.2% from 8%, and that of the monthly income scheme was increased to 7.4% from 7.1%

Arora pegged the government's budgeted expectation just from the RBI dividend at Rs 38,000-40,000 crore for FY24, which is set to be easily crossed now

But if it does happen, it will be negative for all emerging markets as the US, simply put, would have run out of money

Addressing G7 meet in Japan, Sitharaman highlighted that access to digital connectivity has empowered people and there is a need to discuss ways to measure empowerment going beyond GDP indicators

Agency says robust growth outlook offset by weak public finances

The two men have been tasked by G-20 (headed by India this year) to be in charge of an expert group to formulate a detailed plan for reforms in multilateral institutions

'Ensuring financial stability is shared responsibility'

It could be the first time that CEA would use MER to give a detailed analysis of last FY