Page 167 - Indian Economy

After Covid setback, MSMEs owed Rs 10.7 trn in pending dues: Report

The share of micro and small enterprises stood at Rs 8.73 trillion, 80 per cent of the total pending amount

3 in 4 indians feel rupee fall will have an adverse impact: Survey

The survey noted that 52 per cent expect health care and medicines costs to escalate

Amid volatility, domestic market sees sharp rebound from 2022 lows

The latest upmove has been underpinned by positive foreign portfolio investor (FPI) flows

Revenue-oriented policies need to be reviewed to fight inflation

However, the government can review its excessive revenue-oriented policies to tackle inflation and boost domestic demand

Q1 early-bird results show inflation effect on India Inc's profits

First sequential contraction in corporate earnings after 4 quarters of expansion

Rupee at 80: What can be done?

We need to maintain the gap of interest rate differential with the US by raising rates in a meas­ured way and allow the rupee to find its own level

Indian economy relatively better placed amid grim global scenario: RBI Guv

"RBI has been supplying US dollars to the market to ensure adequate supply of liquidity," Governor Shaktikanta Das said

ADB slashes India growth forecast to 7.2% for FY23, sees higher inflation

Private investment will soften due to higher cost of borrowing for firms, says development bank's outlook

Centre reins in its debt at 56% for FY22 against 60% pegged in Budget

Government committed to its fiscal deficit targets, says senior civil servant

India's FY23 growth forecast cut to 7%, RBI to stay hawkish: FICCI

The Indian economy is expected to expand 7% in fiscal 2022/23, slower than a previous estimate of 7.4% and the central bank's 7.2% projection, according to a survey by India's leading industry body.

Rupee falls by 1 paisa to all-time low of 80.06 against US dollar

The rupee depreciated 1 paisa to its all-time low of 80.06 against the US dollar in opening trade on Thursday amid demand for dollar from oil importers and firm crude oil prices

Govt plans short-term foreign trade policy, may release before September

The new policy is much-awaited, following the extension of the existing policy for more than two years

Indian economy to grow 7-8% in next couple of decades: Panagariya

Indian economy, which has grown fairly rapidly in the last 17 years, will grow at 7-8 per cent in the next couple of decades, former Niti Aayog Vice Chairman Arvind Panagariya said on Wednesday. He also rejected the idea of comparing India's economic situation with that of Sri Lanka, which is facing an economic crisis, and emphasised that India is a very stable economy. "We have been growing fairly rapidly in the last 17 years... We will grow 7-8 per cent in the next couple of decades," Panagariya, who is currently a Professor of Economics at the Columbia University, said. Speaking at an event organised by Columbia Global Centre here, he noted that the country's economy grew 7.4 per cent between 2014-15 to 2019-20. The World Bank has cut India's economic growth forecast for the current fiscal to 7.5 per cent. India's economy grew 8.7 per cent in 2021-22 where it had contracted 6.6 per cent in the year-ago period. On GST, Panagariya said, "we should get to two GST rates ...

Monsoon session: Opposition protest leads to adjournment of both Houses

Agitating MPs wanted all other businesses to be put aside to discuss price rise, inflation and rupee depreciation

Spike in imports, fall in exports widen India's trade deficit with China

In FY22, India's trade deficit with China was recorded at $72.9 billion, up nearly $29 billion from FY21's figure of $44 billion

Rupee at 80: The Indian tradition of political involvement in exchange rate

Despite the Sangh Parivar's belief that a strong rupee is good, the govt has seen the wisdom of letting it depreciate gradually

Moody's warns of India's vulnerability to volatile food, energy prices

Says major challenge for countries will be growing demands on fiscal resources to limit impact of price rise

With rupee at 80, how to tackle cost of studying and travelling abroad

Education consultants advise parents to prepare for at least 2% annual increase in costs for children abroad

Caution over rupee

RBI must keep an eye on its reserves as dollar strengthens

Labour unions ramp up efforts to take on Centre over rising prices

Inflation becoming difficult to tame, says BMS; CITU, AITUC plan to hold protest on I-Day eve