Page 153 - Indian Economy

Liquidity slides into deficit for first time in over 3 years: RBI data

Days of easy money over as credit growth rises

ADB cuts FY23 GDP forecast for India to 7% citing sluggish global demand

Earlier forecast was 7.2%; institution says high inflation is another growth hurdle, cut FY24 forecast to 7.2% from 7.8%

Rational expectations: Downside risks to growth are increasing

The economy's resilience will be tested in the second half of the year and beyond

Bank NPAs loans may drop to 5% by March 2023 on economic rebound: Crisil

May even touch decadal low of 4% by March 2024; MSMEs remain vulnerable with one-fourth of recast accounts likely to turn NPAs

Narrowing bond yields signal liquidity squeeze in markets, shows data

Spread between 10-yr G-sec and 2-yr bond yields narrows to 38-mth low

Slowdown in West, on balance, would be positive for India: CEA Nageswaran

'Signs are very encouraging' are for the Indian economy, he says in an interview

Top headlines: KKR to invest in Hero's RE arm; CEA pegs FY23 growth at 7%

SpiceJet has sent approximately 80 pilots on leave without pay for three months in order to rationalise its costs.

At it yet again! The sequencing problem in setting a base year for GDP

The current datelines imply the GDP changes will happen only after the general elections of 2024

Fate of world's biggest free food programme rests in PM Modi's hands

PM Modi will soon decide whether to extend a food dole out that has cost India $44 billion since the pandemic, or ease the strain on government finances and food supply

'AIR DBK available on goods made solely from domestic inputs'

As a matter of rule, no evidence of actual duties suffered on imported or indigenous nature of inputs used, even if the AIR has customs portion, should be insisted upon by field formations

India to push big for multilateral reforms of WTO, IMF as G20 Chair

Focus will also be on climate justice, green financing

Recovery tracker: Lower mobility, power generation in week ended Sept 14

Railway freight traffic numbers were higher than before

Centre plans to offer sops for natural farming under national mission

The central government is considering offering sops to farmers to adopt natural ways of farming, which will be part of a soon-to-be-launched national mission

Latest news LIVE: Chandigarh University closed till Saturday amid protests

From Covid to all other developments, catch all the live news updates here

Supply chains aren't broken, have evolved for the better in some places

The dismal state of American manufacturing combined with resilient Asian supply chains has brought into focus the crucial global role of industrial giants like South Korea, China and Japan

Healthy revenue buoyancy expected for rest of the year: Finance Ministry

The Monthly Economic Report states that India is in a better position to calibrate liquidity levels without stalling growth

Firms starting to pass on rising costs amid pick-up in demand: RBI study

Report says the gap between output and input prices widened during the pandemic, particularly after the first Covid-19 wave

It takes time to find out positivity amid atmosphere of negativity: PM Modi

Prime Minister Narendra Modi on Saturday took a dig at the audience for a delayed response to his remarks about India becoming the fifth largest economy in the world, saying it takes time to register positivity amid the atmosphere of negativity. The prime minister was speaking at the launch of the National Logistics Policy. When there was no reaction from the audience, which include industry and government officials, on his remarks, Modi asked in a lighter vein, "Are you not happy?" Immediately, people started clapping. "Der aaye durust aaye (better late than never)," he quipped, adding because there is so much negativity all around that sometimes it takes a little time to find positivity. The country is transforming, Modi said, pointing out that "ek samay tha jab kabootar chhodte the, aaj Cheetah chhodte hain". The Prime Minister on Saturday released cheetahs brought from Namibia into a special enclosure at the Kuno National Park (KNP) in Madhya Pradesh as part of the programme

India on path of becoming world superpower in next 25 yrs: Smriti Irani

Union Minister Smriti Irani on Saturday said India is moving strongly on the path of becoming more resilient, capable and stronger and will become the world superpower by 2047. She was addressing a gathering at a health check-up camp organised on the occasion of 'Seva Diwas' being celebrated as part of the celebrations of Prime Minister Narendra Modi's 72nd birthday. She said the country is moving strongly on the path of becoming more resilient, capable and stronger under the leadership of PM Modi. "The Prime Minister has laid the foundation for India's charge to the top and there is now no stopping India from moving on the path of becoming more resilient, capable and stronger, and ultimately becoming the world superpower in the next 25 years," said the union minister for women and child development, and minority affairs. The camp where Irani addressed the crowd was inaugurated by Punjab Governor Banwarilal Purohit. He said serving the poor and needy people by organising such a bi

Growth on strong footing, further tightening needed: RBI report

On the exchange rate, the report said the rupee was holding its poise, with adequate supplies of dollars