Tag: Indian economy

“We’re now aspiring to be world’s 3rd largest economy”: Union Minister Rajeev Chandrasekhar hails 9 years of governance under PM Modi

Congress-led UPA government had left the economy in tatters in 2014, with 14 quarters of runaway inflation.

June 1, 2023

India’s GDP grows by 6.1 pc in January-March quarter, 7.2 pc in 2022-23

The GDP growth of the country was 4.4 per cent in the October-December 2022.

May 31, 2023

Indian economy to surpass 7 per cent growth in FY 23: SBI research report

State Bank of India's research report, Ecowrap said that India's growth in fourth quarter of FY23 is likely to be 5.5 per cent, which would lead to the country's growth for FY23 at 7.1 per cent.

May 26, 2023

“Very strong economy…,” IMF division chief Daniel Leigh on India’s growth trajectory

He said that India is one of the bright spots in the global economy right now with a high growth rate. "Yes, we have a growth rate for India which is 6.8 in 2022.

April 12, 2023

Nirmala Sitharaman gives detailed rebuttal of negative Western ‘perception’ of India

The condition of minorities is worsening in Pakistan and their numbers are declining by the day. Minorities in Pakistan are severely charged with minor allegations, leading to punishments like the death penalty.

April 11, 2023

Indian economy continues to show resilience amid global uncertainties: World Bank

“The Indian economy continues to show strong resilience to external shocks," said Auguste Tano Kouame, World Bank's Country Director in India.

April 4, 2023

India will be third largest economy: Rajnath at VBU

He encouraged students to take inspiration from Rabindranath Tagore

February 25, 2023

Too Pleasing?

The Economic Survey seems to have deliberately ignored adverse facts. While talking about robustness of the IT sector, no mention is made of the unprecedented global slowdown that has seen revenue losses and record lay-offs in global market leaders like Netflix, Meta, Amazon, Microsoft, Alphabet, and Apple which are directly affecting the Indian IT Sector, bringing the NIFTY IT down 11.4 per cent y-o-y, and leading to approximately 25,000 lay-offs 

February 20, 2023

Ill-winds

The adverse factors affecting the US and European economies put our own economy at risk. To enumerate: the Indian economy faces the danger of capital outflow because of higher US interest rates. Then, we are importing inflation through higher cost of imported goods and because household incomes in the West are falling, our own exports are unlikely to rise in the short run, ruling out a quick solution to the CAD problem

December 27, 2022

India attained status of 5th largest economy in 2022: PM

In the 96th edition of his monthly 'Mann Ki Baat' program, Narendra Modi said the year 2022 has indeed been very inspiring and wonderful in many ways.

December 25, 2022

With gloomy economic outlook, Moody’s lowers India’s growth forecast

With gloomy global economic outlook, Moody's Investors Service turned moody on Friday and cut 2022 gross domestic product (GDP) projections for India to 7 per cent and projected 2023 at 4.8 per cent.

November 11, 2022

Indian economy projected to grow at 7 pc in FY 2022-23: Sitharaman

We have ensured the availability of free food grains to more than 800 million vulnerable families for the past 25 months, through the country's massive public distribution network, said Finance Minister Nirmala Sitharaman.

October 15, 2022

Rural demand in India to rebound: Morgan Stanley

A combination of factors like wider opening, improving labour market and terms of trade for the rural sector will result in rural demand rebound in India, said Morgan Stanley on Wednesday.

October 12, 2022

India’s Q1 GDP logs 13.5% growth, experts say lower than expected

ndia's economic growth rose to 13.5 per cent in the first quarter of the current fiscal (2022-23), a huge jump from 4.1 per cent growth recorded in the final quarter of 2021-22.

September 1, 2022

Ayush industry fastest growing sector of Indian economy, says secretary Rajesh Kotecha

Secretary, Ministry of Ayush, Rajesh Kotecha has said that the Ayush industry is "one of'' the fastest growing sectors of the Indian economy.

August 26, 2022

Economic challenges

While providing employment, projects for reforestation and flood control can also help reclaim millions of hectares of soil from erosion and devastation.

August 2, 2022

Why rupee is falling to it’s lowest against US dollar?

For the first time in a decade, the dollar reached its highest value in the first half of the year 2022, buoyed by various conflicts among countries and the Russia-Ukraine war.

July 20, 2022