China’s travails
As China’s rubber-stamp parliament convenes in Beijing, the world watches with a mix of anticipation and concern, dissecting the economic roadmaps and power dynamics laid bare in the highstakes political theatre.
As China’s rubber-stamp parliament convenes in Beijing, the world watches with a mix of anticipation and concern, dissecting the economic roadmaps and power dynamics laid bare in the highstakes political theatre.
Real GDP is estimated to attain a level of Rs 171.79 lakh crore, as against the Provisional Estimate of GDP for the year 2022-23 of Rs 160.06 lakh crore, released on 31 May, 2023.
Modi reiterated that India’s growth story is based on the government’s top priority to policy, good governance and the welfare of the citizens.
The Indian economy emerges as a beacon of resilience, standing strong despite the headwinds of a global economic slowdown.
Despite high-income countries claiming that they have achieved green growth and reduced carbon emissions, a new Lancet study has challenged…
On Thursday, RBI retained its key short-term lending rates during the sixth and final monetary policy review of FY22.
The revised figure was slightly better than an averagely predicted annual growth of 1.8 percent by private-sector economists surveyed by local media.
As per Ind-Ra, the Indian economy was witnessing a consumption slowdown even before the Covid-19 pandemic.
Some policy changes may be required to rejuvenate the economy, the first being to remove the focus from big business and promote small enterprises, primarily, by reducing their burden of taxation. As of now, the tax structure favours the rich; the rate of taxation on firms and individuals is almost double the corporate tax rate.
The latest SBI Ecowrap report has projected a 7.9 per cent growth for India's GDP, down from its previous projection of 10.4 per cent growth.
