The Economic Survey 2020-21, authored by CEO K Subramanian, has pegged India's GDP contraction in FY21 at 7.7 per cent, and real GDP growth in FY22 at 11%. Hefre are both volumes of the document
Prakash Javadekar has emphasised on adopting holistic approach taking into consideration both the environmental conservation as well as growth of the country
A liberal budget that cuts taxes and tries to improve ease of doing business will receive a good market response. A harsh Budget with higher taxes, new cesses, etc, will lead to a sell-off
India is focusing on improving its infra as the economy recovers after the coronavirus pandemic. A look at at what Tata Group, L&T, Adani Ports, Ultratech Cement, and JSW Steel plan to do
Strategic incentives through the Budget may help boost exports.
Economic progress demands all-round liberalisation. From "love jihad" to atmanirbhar, the forces of Hindutva are yet to understand that basic truth
Here is an interesting graphic explaining the growth and spending story
The digital super cycle will encompass progress in all areas and will accelerate further on advancements in machine learning and artificial intelligence
The country's exports declined marginally by 0.8 per cent to $26.89 billion in December 2020, due to contraction in sectors like petroleum, leather and marine products
Macroeconomic theory has to be constructed around this now, not the old Keynesian identity which took deficiency as its starting point
How has economics built the excess supply of land, labour, capital and product into its formal analytical structure which, even now, is predicated on the study of scarcities? The answer is, it hasn't
India, which appears to have been pushed back to being the world's sixth biggest economy in 2020, will again overtake the UK to become the fifth largest in 2025 and race to the third spot by 2030
Is there such a thing as too much democracy? The history of economic and democratic growth coincides in almost all parts of the world
The Reserve Bank of India (RBI) has also revised its forecast of economic growth for the current fiscal year (2020-21) to (-)7.5 per cent as against its earlier forecast of (-)9.5 per cent
India Inc shows patchy but encouraging recovery
Government data released on Friday showed the economy shrank 7.5% in the July-September quarter, performing better than analysts' expectation of an 8.8% contraction
Demand during the festival season helped boost three of the eight high-frequency indicators
India has the weakest growth in fiscal 2020 of countries that we forecast at 15 per cent, but the strongest fiscal 2021 forecast at +14.5 per cent, CLSA said
Spending on capital assets has so far trailed the so-called revenue expenditure that includes interest payments and overheads such as salaries
The Nikkei Manufacturing Purchasing Managers' Index rose to 58.9 in October from September's 56.8