Page 39 - India Economy

Factory growth slowed to 4-mth low in Jan; inflation fears hit confidence

The Manufacturing Purchasing Managers' Index, compiled and collected by IHS Markit from Jan. 12-25, fell to 54.0 in January from Dec's 55.5.

Budget for world's fastest growing economy: Key numbers to be watched

The Budget is widely expected to boost spending towards policies that create jobs, boost manufacturing, helping rural and agri-economy and infrastructure creation

Economic Survey forecasts 8%-8.5% GDP growth for FY23 ahead of Budget

Govt finances to witness consolidation in 2021-22, after uptick in deficit and debt indicators during pandemic year FY21, says Eco Survey

Economy in stagflation; Budget must tax the wealthiest: Jayati Ghosh

Economy faces 'massive problem' of poor demand and corporations acknowledge that, says the economist.

Inflation is BJP's biggest political problem, making voters sullen

Budget 2022 needs to change opinion in the country, if only to divert attention from unemployment and inflation.

India will again be among world's fastest-growing economies: Patra

RBI deputy governor says private consumption and investment remains a work in progress

Economy needs more hand-holding, fiscal correction can wait: Report

The successive waves of the pandemic has made it more difficult to reduce government debt as a share of GDP in the medium-term, said Goldman Sachs

200 mn jobs missing from Indian economy: Budget must address this crisis

If the government risks keeping its $200 billion fiscal spigots open, then it must aim to give the pandemic-scarred working class a fair shake.

India on growth path with innovation, digitalisation: Vedanta's Agarwal

The whole world wants to visit India and there is a potential to increase tourism by 10 times, since the country has 10,000 years of rich history, he said

Govt tweaks spending norms for Contingency Fund of India

The fund is held by the Department of Economic Affairs on behalf of the President of India and it can be operated by executive action

India's economy has bright spots, 'very dark stains': Raghuram Rajan

Economist and former RBI governor fears 'scarring to the middle class' after pent up economic demand ends.

Budget must strike a balance between growth and equity

The uneven growth across various sectors and unequal distribution of benefits of economic growth cannot be ignored

Buy on dips with a 3-, 5-year horizon: Emkay Investment Managers CEO

"Our inclination is towards sectors that will participate in economic growth like BFSI, consumer discretionary - including auto, capital goods - infrastructure and IT," says Sachdeva

Economic Affairs committee, Union Cabinet to meet virtually today

The Cabinet Committee on Economic Affairs (CCEA) and Union Cabinet meeting will be held on Wednesday via video conferencing.

Modi at WEF's Davos showcases India as future tech & economic powerhouse

Virtually delivering the 'State of the World' special address to the WEF Davos Agenda, PM Modi underlined the role played by India in handling the Covid crisis

LIC listing: Inside the all-out campaign to prepare India's biggest IPO

A knock-out debut could see state-owned insurer raise as much as $10 billion from the IPO. It would burnish Prime Minister Narendra Modi's reputation as a reformer.

India risks stagflation, growth concentrated at 'top end': Kaushik Basu

India's overall macroeconomic situation is in a recovery mode but the growth is concentrated at the top end, which is a worrying trend, according to former World Bank Chief Economist Kaushik Basu

LIVE: Delhi, Mumbai, Bengal record marginal dips in fresh Covid cases

24,383 new cases in Delhi; 11,317 in Mumbai, 22,645 in Bengal

WPI inflation eases to 13.56% in Dec; RBI may hold rates next month

WPI inflation has remained in double digits for the ninth consecutive month beginning April

India's economy recovery on 'solid path' amid fast vaccination progress: UN

Growth is projected to further slow down to 5.9 per cent in the financial year 2023, the report said