Page 80 of economy news

indian economy, economic growth, economic recovery, economic revival,

Will be surprised if economy grows over 6.5% in next five years: Bibek Debroy, chairman, Economic Advisory Council to the Prime Minister

At an anecdotal level, employment is not increasing fast enough. If that is the case, productivity increasing means that investments…

September 9, 2022 02:45 IST

wage growth, economic recovery, indian economy

Dwindling wage growth emerging as bigger worry: Report

Since the pandemic has inflicted irreparable loss to growth, annualised growth does not provide a true picture of the recovery…

September 8, 2022 18:45 IST

Fighting inflation with imported Russian oil: FM Sitharaman says using discounted oil in inflation management

Oil prices shot up over USD 100 per barrel due to ongoing the Russia-Ukraine war stoking inflation globally. It affected…

September 8, 2022 17:33 IST

CJI Lalit, WhatsApp privacy policy, electoral bonds, freebies, Daiichi Sankyo, Ranbaxy promoters, Kirloskar, Lalit Modi family disputes

SC to decide on high-stakes economic matters soon

Heavy economic agenda before court as new CJI Lalit fast-tracks disposal of cases. Court to consider challenges to WhatsApp privacy…

September 5, 2022 01:45 IST

Moodys rating, Moodys investor service, growth forecast for India, indian economy, G-20 growth forecast for 2022,

Moody’s slashes 2022 growth forecast for India to 7.7%

A number of global agencies have trimmed their growth projections for India (and for the world) in recent months, after…

September 2, 2022 01:45 IST

gdp, gdp growth, gdp 2022, gdp growth fy22, indian economy, indian economic outlook,

Economy chugs along – First quarter growth at 13.5% on a low base: Q1 GDP only 3.8% larger than pre-pandemic level

Loss of momentum seen on external headwinds

September 1, 2022 05:30 IST

Bibek Debroy| Indian Economy| Indian Economy After COVID19

India can become an upper-middle-income country by 2047: Bibek Debroy

According to the World Bank’s definition, a country with a per capita annual income of over USD 12,000 is considered…

Updated: August 30, 2022 16:05 IST

Pradhan Mantri Jan Dhan Yojana (PMJDY) FM Nirmala Sitharaman

Financial inclusion major step towards inclusive growth: FM Nirmala Sitharaman

“Continuation of PMJDY beyond 2018 saw a marked shift in approach to meet challenges and requirements of the emerging FI…

August 28, 2022 13:27 IST

Govt proposes printing percentage of two or more key product constituents on front side of package

“The declaration of unique selling point/unique selling proposition (USP) of the product on the front side of the package without…

August 26, 2022 16:20 IST

India economic indicators show mixed signals on recovery in July; inflation, slowdown fears weigh on economy

India’s business and consumption activity showed conflicting signs of recovery in July as elevated inflation, rising borrowing costs and fears…

August 25, 2022 11:15 IST

revenue growth, states revenue growth, indian economy, economic growth

States’ revenue growth to slide to 7-9 pc despite robust GST collections

The agency’s senior director Anuj Sethi said the biggest impetus to the revenue growth will come from aggregate state GST…

August 24, 2022 17:03 IST

Retail inflation based on the consumer price index (CPI) softened to 6.71 per cent in July, mainly on account of moderation in food prices.

Elevated inflation warrants appropriate policy response, says RBI article

If these expectations hold, inflation will fall from 7 to 5 per cent in Q1 next financial year – within…

Updated: August 18, 2022 18:27 IST

Bank of India sees 10-12 pc growth in advances in current fiscal

The bank’s year-to-date (YTD) loan growth stood at about 5 per cent mainly driven by Retail sector advances, Agricultural and…

August 14, 2022 12:54 IST

New law for SEZs: Commerce ministry proposes host of incentives to revamp Special Economic Zones

In the Union Budget this year, the government proposed to replace the existing law governing Special Economic Zones (SEZs) with…

August 14, 2022 11:39 IST

Corporate tax collection up 34 pc in April-July

The tax department said corporate tax collections at Rs 7.23 lakh crore in fiscal 2021-22 (April 2021 to March 2022)…

August 13, 2022 14:23 IST

Inflation, Indian economy, economy, economy news, RBI, modi govt, economic growth, GDP, trade deficit, current account deficit

What inflation? India to be fastest growing economy this year, says top govt source

While inflation continues to be above the comfort zone, the economy has continued on its recovery path, supported by pent-up…

Updated: August 11, 2022 19:21 IST

“This is in line with the commitment of the Government of India to strengthen the hands of states to accelerate their capital and developmental expenditure,” the finance ministry said in a statement.

Centre doubles August devolution to Rs 1.17 trillion to aid states’ capex

Icra sees extra devolution at Rs 1.1 trillion over FY23BE

August 11, 2022 04:45 IST

India’s power deficit slips from 2 pc in April to 0.6 pc in June

The gap between energy demand and supply is generally on account of factors other than inadequacy of power availability in…

July 28, 2022 17:03 IST

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Railway suspends platform ticket sales at THESE 15 stations amid festive season

Railways1 hr ago

Indian Railways has halted the sale of platform tickets at 15 key stations, including Delhi and Mumbai, to ensure the safety of passengers during Diwali and Chhath Puja. The restriction will last until October 28, 2025, but some passengers will be exempt. A holding area has been completed at New Delhi Railway Station to handle the rise in foot traffic during festivals.

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