India poised to become $5 trillion economy by 2024-25: Hardeep Singh Puri
Union Minister Hardeep Singh Puri said that India will become a USD five-trillion economy by 2024-25 and USD 10-trillion by 2030.
Oct 21, 2021, 18:03 PM IST
Fiscal deficit touches 31.1% of annual target at end-August
The fiscal deficit or gap between expenditure and revenue was Rs 4,68,009 crore at end of August.
Sep 30, 2021, 18:54 PM IST
Icra revises up FY22 GDP growth forecast to 9%
Icra said it expects the second half of the fiscal year to have brighter prospects.
Sep 27, 2021, 17:41 PM IST
RBI optimistic about 9.5% GDP growth for FY22: Governor Shaktikanta Das
RBI Governor Shaktikanta Das said the impact of the second wave of COVID-19 has waned by August, and economic growth will be better from the second quarter onwards on a sequential basis.
Sep 09, 2021, 18:46 PM IST
DNA: 31 August 2021 recorded in the history of India
The day of 31 August was very special for India because on this day India got 3 big successes. This happened for the first time when the stock market crossed the 57 thousand mark and closed at 57,552 points. Not only this, but India also performed historically in terms of GDP and vaccination against coronavirus.
Sep 02, 2021, 00:14 AM IST
Rahul Gandhi explains the new abbreviation of GDP, targets centre
While addressing the press conference on the issue of price rise in the country, Rahul Gandhi has targeted the centre government and said that now the new meaning of GDP is gas, diesel and petrol.
Sep 01, 2021, 18:18 PM IST
India's GDP grows 20.1% in April-June quarter
The government had imposed a nationwide lockdown at the onset of the COVID-19 pandemic last year.
Aug 31, 2021, 18:37 PM IST
India poised for double-digit growth, disinvestment climate looks better: Niti VC
According to the 2021-22 Budget, the government's gross borrowing was estimated at Rs 12.05 lakh crore for this fiscal.
Jul 11, 2021, 14:12 PM IST
RBI should not print money to finance fiscal deficit: Economist Pinaki Chakraborty
Pinaki Chakraborty said that high inflation is certainly a concern and there is a need to stabilise inflation to a level that is manageable.
Jul 04, 2021, 21:25 PM IST
Ind-Ra lowers FY22 GDP growth forecast to 9.6% due to Covid 2.0
Average daily vaccinations during June 1 to 20 totalled 32 lakh which rose to 87.3 lakh on June 21.
Jun 26, 2021, 13:17 PM IST
Centre open to more measures to boost economy: CEA K V Subramanian
Chief Economic Advisor (CEA) said that unlike the previous budget which was framed before the pandemic, the 2021 budget was presented amid the pandemic and had already incorporated significant fiscal expansion.
Jun 20, 2021, 16:11 PM IST
Credit growth in FY22 to be in low double-digit: Care Ratings
The slowdown in the economy can further delay the anticipated pick-up in credit growth apart from the likely impact on asset quality.
Jun 19, 2021, 17:24 PM IST
World Bank projects India to grow at 8.3 per cent in 2021
In 2020, India's economy is estimated to have contracted by 7.3 per cent while in 2019, it registered a growth rate of four per cent, the World Bank said, adding that in 2023, India is expected to grow at 6.5 per cent.
Jun 08, 2021, 19:23 PM IST
Economic recovery to start from June, GDP growth projection to be revised to 10-10.5%, says NITI Aayog VC
Niti Aayog VC Rajiv Kumar's predictions came after the country’s apex bank RBI lowered the country's growth forecast for the current fiscal by a percentage point to 9.5% from 10.5%.
Jun 05, 2021, 16:17 PM IST
Indian economy resilient, Congress leaders clueless: Anurag Thakur’s rebuttal to Chidambaram
Thakur said that the economy will rebound in the times ahead based on consistent reforms that have ensured strong fundamentals.
Jun 02, 2021, 18:53 PM IST
Indian economy contracts 7.3%, Q4 GDP grows 1.6%
In the first quarter, the Indian economy contracted 24.4 percent due to COVID-19 forced lockdown, and that heavily affected the manufacturing of essential goods and provision of essential services. With ease in lockdown from June 8, the scenario remained bleak as several service sector industries were shut down.
May 31, 2021, 17:50 PM IST
GDP growth may be below 9% in FY22 due to 2nd COVID-19 wave: Survey
According to the study, the majority of respondents expect the lockdown announced by several states will stay till May-end. Altogether, 54 percent of the people, who participated in the survey, believe that the lockdown is a solution to the current COVID-19 situation in the country, it said.
May 16, 2021, 19:37 PM IST
Surging India virus cases may derail recovery but ratings outlook stable: S&P
The rating agency, however, said the second wave should not hit the economy as hard as the first wave did in the April-June quarter of the 2020/21.
May 07, 2021, 17:11 PM IST
Europe's economy shrinks in first quarter as US rolls ahead
Figures announced Thursday showed the U.S. Economy grew 1.6 per cent during the first quarter.
Apr 30, 2021, 17:39 PM IST
India's 2021 GDP growth forecast to come down to 10.2%: Oxford Economics
India is struggling with a second wave of the pandemic with more than 3,00,000 daily new coronavirus cases being reported in the past few days, and hospitals in several states are reeling under a shortage of medical oxygen and beds
Apr 26, 2021, 19:08 PM IST