The country has shown exemplary resilience in recovery from the Covid-19 pandemic crisis, Chief Economic Advisor (CEA) Anantha Nageswaran said
Monetary and fiscal authorities are taking steps to moderate inflation and push growth, Department of Economic Affairs Secretary Ajay Seth said
While foreign fund inflows could ebb and exports could take a beating, the Indian economy is unlikely to suffer recession again
Construction sectors including cement, steel, etc reported impressive growth in both revenue as well as net income with 45 per cent and 53 per cent, rise respectively in revenue
The central govt mopped up Rs 1.41 tr as GST collection in May, way above the FY22 average of Rs 1.23 tr. Auto sector also reported improved sales. Do these reflect a revival in Indian economy?
The Narcotics Control Bureau on Friday cleared Aryan Khan, son of Bollywood actor Shah Rukh Khan, of all charges in the drugs-on-cruise case.
In its update to Global Macro Outlook 2022-23, Moody's said high-frequency data suggests that the growth momentum from December quarter 2021 carried through into the first four months this year
This week India joined the US-led Indo-Pacific Economic Framework. While the final contours of India's participation are yet to emerge, there could be areas of friction too. India tread with caution
The agency said the hiccups in the recovery of the contact-intensive services attributable to the third wave of Covid-19 in the country may have also affected the economic growth in the quarter
"Taking all these measures into account, I think that we are broadly in a good situation economically and will be able to keep inflation under control in the medium term," he added
The central bank hiked its repo rate by 40 basis points (bps) to 4.40 per cent following an emergency meeting earlier this month
It has surpassed last year's (record of) maximum demand met of 200.539 GW which occurred on 7th July 2021, it informed
GlobalData lowered India's economy growth forecast to 7.8 per cent for 2022 due to the nation's exports being impacted by the Russia-Ukraine war and spiking oil prices causing ripple effects.
Full-year forecast revised lower to 8.9%
The Indian economy likely grew at a slower pace in the final quarter of 2021, primarily due to lacklustre manufacturing output and investment, according to economists in a Reuters poll.
In an interview with Business Standard's Indivjal Dhasmana, Co-Chairman of Forbes Marshall Naushad Forbes, shares how India can become one of the world's top three economies. Listen in
India's central bank wants to focus all its energies on reviving the country's economic growth given that inflation's momentum is declining, Patra said
India's fuel demand is likely to grow 5.5 per cent in the fiscal year beginning April 1 as economic activity picks up after devastation caused by the pandemic
What are the key takeaways from Budget 2022? Who is V Anantha Nageswaran? What is First Global's Shankar Sharma's take on the Budget this year? What is Demand for Grants? All answers here
The immediate policy measure was to support the vulnerable sections of society