Page 24 of economic growth

Morgan Stanley cuts India’s FY23 GDP estimate by 0.40%; expects FY24 growth to slow to 6.4%

The GDP growth will slow to 6.4 per cent in FY24, the brokerage said, adding that this is lower by…

July 18, 2022 19:59 IST

Close monitoring of trade deficit, portfolio outflows warranted, says RBI article

The central bank said the views expressed in the article are those of the authors and do not necessarily represent…

July 16, 2022 20:47 IST

Inflation, recession, economic slowdown, economic growth

Inflation and Recession – Spotting real life villains for your investments; watch these signs in economy

Inflation and recession are real life ‘villains’ in an economy, eating into investments and wealth. Thankfully, investors can monitor inflation…

July 15, 2022 14:10 IST

Services PMI jumps to 11-year high in June

Manufacturing was on solid footing in June quarter, as it has been above the 50-level separating growth from contraction for…

July 6, 2022 06:15 IST

The economic growth already faces headwinds from inflation, which continues to remain higher than Asian peers.

GDP to grow at 7.2%: Nomura says US recession can impact India’s growth

Some of the areas that could worsen the economy’s growth are negative sentiment shock for consumers, supply chain disruptions, worsening…

June 24, 2022 06:30 IST

Eminent economist and BR Ambedkar School of Economics (BASE) Vice-Chancellor NR Bhanumurthy said at present Indian economy is facing multiple headwinds largely from external sources.

Indian economy to grow by 7-7.8 pc in FY23 despite global headwinds: Experts

“With better agricultural production and revitalised rural economy India should touch 7 per cent growth in the current year despite…

June 23, 2022 17:07 IST

Highlighting the strength of the Indian economy, he said there is an opportunity to invest USD 1.5 trillion under the country's national infrastructure pipeline.

Expecting 7.5 pc economic growth rate this year: PM Modi

In a virtual address at the BRICS Business Forum, Modi also said the value of the Indian digital economy will…

June 22, 2022 18:51 IST

We currently expect the Indian economy to achieve the $5 trillion threshold by FY2027 or FY2028,” said Aditi Nayar, chief economist at Icra.

$5 trn GDP target within reach, absent external shocks

High real growth, relatively stable rupee to hold the key

June 22, 2022 03:15 IST

The governor observed that the law states that the course of monetary policy is not the MPC’s unilateral decision. The provision in the RBI Act says that the RBI shall maintain price stability defined in terms of 4+/-2% while keeping in mind the objectives of growth, he added.

FE Modern BFSI Summit 2022: Faster tightening of monetary policy would have been disastrous for economy, says RBI Governor Shaktikanta Das

The governor pointed out that the inflation target range of 2-6% has been given to the MPC to deal with…

June 18, 2022 04:00 IST

The latest GDP data showed real growth in FY22 exceeded the pre-pandemic (FY20) level by 1.5%, private consumption by 1.4% and fixed investment by 3.8%. On a year-on-year basis, the economy grew 8.7% in FY22 from -6.6% in the previous year.

India to be a $5-trn economy by FY27, says CEA V Anantha Nageswaran

In 2019, before the pandemic hit the nation and the world, Prime Minister Narendra Modi had envisioned to make India…

June 15, 2022 03:10 IST

"India's macroeconomic position relative to emerging economies appears good, which positions the country as an attractive destination for global investments," NITI Aayog said in a tweet quoting Bery.

Coming decade appears promising for sustained economic growth: NITI Aayog Vice Chairman Suman Bery

Bery further said any appraisal of potential, performance and policies should also take into account the global headwinds, challenges and…

June 10, 2022 18:58 IST

Speaking at the 'India's Economic Journey@75' event, being jointly organised by the Department of Economic Affairs and Sebi as part of the Azadi Ka Amrit Mahotsav iconic week celebration, she said India, with its strong fundamentals, has periodically faced challenges and emerged out of it.

FM Nirmala Sitharaman says govt’s enabling policies, proactive steps helped India deal with pandemic

The minister said various steps taken by the government since 2014 helped keep the economy and people afloat in difficult…

June 8, 2022 17:15 IST

India’s growth to enhance once cloud of pandemic, geopolitical conflict recedes, says CEA Anantha Nageswaran

Speaking at the finance ministry’s iconic week celebrations of ‘Azadi ka Amrit Mahotsav’, the CEA said India is right now…

June 8, 2022 13:25 IST

The GDP growth compares to an 8.7 per cent expansion in the previous 2021-22 fiscal.

World Bank cuts India’s economic growth forecast to 7.5 pc for FY23

S&P Global Ratings too had cut India’s growth projection for 2022-23 to 7.3 per cent, from 7.8 per cent earlier,…

June 7, 2022 19:27 IST

India’s growth rate weakening, no sign of promised recovery: Chidambaram

He said this after the country reported an overall GDP growth of 8.7 percent for the year 2021-22, with the…

June 1, 2022 14:00 IST

Stagflation typically refers to a scenario when an economy witnesses a plunge in growth and spike in unemployment and also inflation. Retail inflation hit an almost eight-year high of 7.79% in April.

No stagflation, Q4 growth better than expected, says CEA

The CEA, however, stressed that the year-on-year growth rate at 4.1%, despite the impact of the third Covid wave and…

June 1, 2022 06:30 IST

"Stagflationary risk to India quite low compared to other countries," he said.

Stagflationary risk to India quite low compared to other countries, says CEA

Stagflation is the phase when an economy faces moderation in GDP growth as well as high inflation.

Updated: May 31, 2022 21:15 IST

“IMF is currently revising India's growth forecast for 2022, which may be lower than 8.2 per cent. This is work in progress at the moment," IMF Senior Resident Representative in India Luis Breuer said at an interactive session on ‘World Economic Outlook' organised by the MCC here.

India’s growth projection being revised, might be lower than earlier forecast: IMF official

In April, the International Monetary Fund had lowered India’s growth projection to 8.2 per cent as compared to 9 per…

May 31, 2022 17:09 IST

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