Page 186 - Indian Economy

FM Sitharaman, CEA Nageswaran to attend World Bank-IMF Spring Meeting

Sitharaman and CEA V Anantha Nageswaran are expected to represent the government at the World Bank-IMF Spring Meeting, which will take place in Washington DC from April 18 to April

Extreme poverty in India fell sharply in 2011-19: World Bank paper

Rural decline steeper than in urban centres

Focus on CPI inflation

Exchange rate stabilisation will import high tradeables inflation into India

Statsguru: From India to US, six charts show rising global inflation

In the US, consumer price inflation has been higher than in India for the last seven months

Power sector's 'shocking' trinity to create a scorching summer this year

A new crisis is emerging owing to shortages in domestic coal supplies and railway rakes, coupled with rising electricity demand

Modi govt bringing economic, social revolution in country: CM Bommai

Karnataka Chief Minister Basavaraj Bommai on Saturday said that the Narendra Modi government is bringing an economic and social revolution in the country.

'Normal' monsoon this year expected to douse some inflationary flames

Healthy and well-spread rains will repose faith in the country's economy which faces ever increasing risk of 'Stagflation' due to high global commodities' costs.

IMF likely to slash FY23 GDP growth forecast for India to 8-8.3%

Its FY23 projection would still be better than many

Indian economy looks better than others, but don't raise a cheer just yet

The comparative numbers spell bad news for the world rather than any good news for India, whose growth forecasts are getting tempered even as the inflation picture is getting worse, writes T N Ninan

FDI likely to touch $100 billion in 2022-23: Industry chamber PHDCCI

India is expected to attract $100 billion foreign direct investment (FDI) in 2022-23 on the back of economic reforms and ease of doing business in recent years, industry chamber PHDCCI said

'India on track to becoming $5-trn economy': FinMin on tax revenue mop-up

Prime Minister Narendra Modi in 2019 envisioned making India a USD 5 trillion economy and a global economic powerhouse. The Indian GDP is estimated to be around USD 3 trillion in 2021-22

India's macroeconomic challenges deepen

The deteriorating world outlook has added to the complexity of macroeconomic policy-making

Experts see four rate hikes in FY23, beginning June: BS Poll of economists

Nearly 7% retail inflation in March may spur policy tightening

World Bank cuts India's FY23 GDP growth forecast to 8% from 8.7%

In India, household consumption will be constrained by the incomplete recovery of the labour market from the pandemic and inflationary pressures, the bank said

Exports up nearly 20% to $42 bn in March; trade deficit widens to $18.5 bn

While total exports during 2021-22 increased to a record high of $419.65 billion, imports too soared to $611.89 billion, leaving a trade gap of $192.24 billion

See pvt-sector capex picking up in H2FY23: CEA V Anantha Nageswaran

"Bank credit is beginning to pick up, especially in the micro, small and medium enterprises sector," Chief Economic Advisor (CEA) V Anantha Nageswaran said

Spiralling prices of essentials, fuel strain household budgets across India

While the prices of vegetables and several other food items have gone through the roof, the rates of petrol and diesel have increased by about Rs 10 per litre each in the past one month.

Unemployment rate falls, from grace

The decline in the LPR reflects the inadequacy of the growth in employment opportunities

Moody's maintains 'stable' outlook for Indian banks on recovering economy

It said that the global economic fallout from the Russia-Ukraine military conflict will create some risks

Govt likely to wait until ceasefire to announce Russia payments deal

An inter-ministerial group headed by the finance ministry has been meeting regularly for over a month to analyse and discuss payment mechanisms that can work under the current circumstances