)
Asit Ranjan Mishra is the Economic Affairs Editor at Business Standard, with 20 years of experience in digital and print media. Based in Delhi, he specialises in international trade, macro-economic policy and data journalism. His expertise also includes developmental issues and political economy. He is a National Press Foundation fellow and has reported from major global cities on special assignments. Mishra previously held senior editorial roles at HT Mint and has a strong background in economics and journalism, with degrees from Utkal University and Indian Institute of Mass Communication.
Asit Ranjan Mishra is the Economic Affairs Editor at Business Standard, with 20 years of experience in digital and print media. Based in Delhi, he specialises in international trade, macro-economic policy and data journalism. His expertise also includes developmental issues and political economy. He is a National Press Foundation fellow and has reported from major global cities on special assignments. Mishra previously held senior editorial roles at HT Mint and has a strong background in economics and journalism, with degrees from Utkal University and Indian Institute of Mass Communication.
"The global goal of ending extreme poverty by 2030 is likely to be missed: by then, about 600 million people will remain in abject poverty. A major course correction is needed," Indermit Gill said.
Forecast lowered from 3.4% as recession looms
India's merchandise exports contracted 3.5% to $33.6 bn in September
Imports during the month, however, grew by 5.44 per cent to $59.35 billion as against $56.29 billion in September 2021, the data showed
National Savings Certificate, Public Provident Fund rate kept unchanged
India today is focusing on infrastructure led capital spending aimed at enhancing productivity and employment while ensuring fiscal prudence with 'targeted' interventions: Ajay Seth
Petroleum, fertiliser imports to become expensive, subsidy bill set to rise
India's heavy dependence on energy exports have also boosted its overall merchandise exports
Finance minister Nirmala Sitharaman in her FY23 budget had proposed to set up the committee
In India, the main reasons for the slowdown were decreases in government spending and net trade (exports minus imports), according to OECD calculations.
FinMin blames adverse base effect, increase in food and fuel prices
For Bangladesh, the potential of additional exports to India could range from $3 billion to $5 billion in a time span of 10 years
China became India's fourth largest export destination during the period, slipping from the second position during the same period a year ago
India's CAD stood at 1.5% of GDP in the March quarter of FY22 compared to a CAD of 2.6% of GDP in the preceding quarter of FY22
US dy secretary of treasury Wally Adeyemo meet FM Sitharaman during the final lap of his three-day trip to India, after visiting RBI governor Shaktikanta Das on Thursday
At the same time, share of Russian oil in India's crude basket rose from 2.2% in FY22 to 12.9% in the first quarter of FY22
The commerce department plans to overhaul the data and analytics ecosystem via centralised data management and embedded analytics capabilities
However, the quantity imported isn't to meet overall demand, say traders; plans are on to start producing the condiment at home
Both countries have made two joint submissions at the WTO as co-sponsors in the past two months
Established by British entrepreneur Sir Alexander MacRobert in 1920, the public limited company produced woollen products under the brand name "Dhariwal, apart from "Lal-Imli" -- once household names