Page 236 - Indian Economy

Numbers reflect pandemic-hit economy has bounced back: India Inc

India Inc on Tuesday said the number reflects that the economy being hit by the pandemic has bounced back.

Q1 GDP growth to set tone for economic revival in coming quarters: NITI VC

India's growth rebound in the first quarter of this fiscal will be the foundation of sustained expansion in successive quarters, Niti Aayog Vice Chairman Rajiv Kumar said on Tuesday

Top headlines: India's Q1 GDP grows 20.1%; PayU buys BillDesk for $4.7 bn

Business Standard brings you the top stories this evening

India to see stronger growth on structural reforms, govt's capex push: CEA

GDP data for first quarter reaffirms govt's prediction of an imminent V-shaped recovery made last year, says CEA K V Subramanian

India's GDP growth accelerates to 20.1% in Q1FY22 on low base

The rebound came despite the drag from the deadly second wave of the coronavirus, which forced states across India to reimpose localised lockdowns

India not to be impacted by US Fed's likely liquidity taper: Govt official

India will not be impacted by the US Federal Reserve's move to tighten liquidity expected later this year, as India's macro-economic fundamentals are strong, CEA K V Subramanian said

India's April-July fiscal deficit reaches 21.3% of FY22 budget target

Net tax receipts were Rs 5.21 trillion while total expenditure was Rs 10.04 trillion

Q1 GDP more of a statistic rather than a reflection of the state of economy

These growth numbers will moderate going ahead, as the base effect becomes weaker provided there are no further lockdowns

Core sector growth at 9.4% in July, against (-) 7.6% in year-ago period

The production of eight core industries rose by 9.4 per cent in July against a 7.6 per cent decline in the year-ago month, official data released on Tuesday showed.

'RBI to conduct fine-tuning operations to manage one-off liquidity flows'

Govt securities provide robust backbone for development of corporate bond market, says RBI Governor

Economic activity picking pace, further upside to growth likely: Moody's

Moody's Investors Service on Tuesday said the economic activity in India is picking up with the gradual easing of Covid restrictions

India's economy likely rebounded in April-June amid pandemic risks

India's economy likely rebounded in the April-June quarter from a deep slump last year helped by improved manufacturing and in spite of a devastating second wave of Covid-19 cases

Biz activity continues to rise, now well above pre-pandemic levels: Report

Business resumption activity continued its northward journey and reached a new high, much above the pre-pandemic levels for the week ended August 29, a Japanese brokerage said on Monday

Making NMP work

Dysfunctional govt-pvt sector relations must be repaired

Key priorities for employment policy

Measures that generate income for the poor are more important than tweaking the applicability threshold for labour laws

Sticky, low consumer sentiments could spoil recovery

The persistence of poor consumer sentiments has ramifications on the sustainability of India's recovery from the sharp fall in 2020-21

Exports from SEZs up 41.5% to Rs 2.15 trillion during Apr-June 2021

Exports from SEZs grew by about 41.5% to Rs 2.15 trillion during the April-June quarter of the current fiscal on account of healthy growth in pharma, engineering, and gems and jewellery sectors

Hiring activity in India touches pre-pandemic level, says report

The overall economic activity has shown signs of improvement, and for the first time in months, hiring activity in India is at a pre-pandemic level, according to a report by jobsite Indeed on Monday.

Jobs lost, income cut: How Covid-19 financially dented India's middle class

For Indians who had newly joined the growing middle class, the economic crisis following the pandemic has dealt a severe blow

The liquidity conundrum

Only credit growth can help banks to get out of this liquidity drag. That can happen when growth is secured (and not through loan melas). But if it takes longer, risk of higher inflation becomes real