Page 228 - Indian Economy

RBI begins policy normalisation; maintains status quo on rates

Retains accommodative stance, FY22 growth forecast; lowers inflation projection

Economists, analysts see clear tapering signals in RBI moves

Economists and analysts are unanimous that the Reserve Bank has embarked on the long road to policy normalisation

India expected to grow by 8.3% in 2021-22: World Bank

South Asia's average annual growth is forecast to be 3.4 per cent over 2020-23

India becoming $5 trn economy by 2025 'impossible' due to Covid: Rangarajan

The country needs to grow at nine per cent per annum for the next five years in order to achieve the feat, former Reserve Bank Governor C Rangarajan said

RBI keeps rates on hold to support recovery, 'sail towards normal times'

Repo rate and the reverse repo rate remain unchanged at 4% and 3.35%

Fitch cuts GDP growth projections to 8.7% for FY22 from 10% earlier

A day ahead of policy review, it expects RBI to hold policy rates during FY22

India's GDP is expected to grow at 9.1% in 2021-22, says Ficci

The survey was conducted in September 2021 and drew responses from leading economists representing the industry, banking and financial services sector

The mirage of economic recovery

The prospects for the middle class in India are dwindling

28 unicorns created in India this year: Nirmala Sitharaman

The Indian economy has witnessed the creation of 28 unicorns this year on the back of a series of reforms unleashed by the government, Finance Minister Nirmala Sitharaman said

Govt policies directed at fostering competition in economy: CEA

The focus of the government policies in the last seven years has been on enabling competition in the economy, CEA K V Subramanian said, stressing this is partly responsible for growth of startups

What does RBI ex-Guv Subbarao think of India's $5-trn economy goal?

In an exclusive interview with Business Standard, former Reserve Bank Governor D Subbarao explained why doubling the economy in 4 years might be too ambitious. Listen in here

Pandemic hits India's prospects to become $5 trn economy by FY25: Economist

It is highly unlikely that India will become a $5 trillion economy by 2024-25 due to the slowdown caused by the COVID-19 pandemic, University of Massachusetts professor Vamsi Vakulabharanam has said

Triggers for rating upgrade won't be met over 12-18 months: Moody's exec

Moody's senior vice president Christian de Guzman speaks about the rating agency's upgraded ratings outlook for India and more.

A policy hold and a hawkish commentary

Fiscal interventions are needed to boost demand and induce durable growth

Stable economic outlook

India still needs careful policy management

Liquidity normalisation is upon us

Growth prospects have brightened and inflation outlook has eased, despite lingering concerns as to potential broad-based supply shocks

Moody's upgrades India's rating outlook to 'stable' from 'negative'

Retains lowest investment grade rating

India's exports likely to get a boost as WTO raises trade outlook

Exports from India have been rising consistently over the last few quarters

Services activities moderate in Sept but firms continue hiring: PMI survey

Increase in companies creating employment ended a nine-month sequence of job shedding.

India's services activity remains strong in Sept, firms hire more employees

The IHS Markit Services Purchasing Managers' Index eased to 55.2 in September from August's 18-month high of 56.7, but stayed comfortably above the 50-mark separating growth from contraction.