Page 211 of ECONOMY

Cautious spending: Expensive buys delayed as inflation weighs on budgets

Rising prices of essentials is a worry for 71% of consumers

March 24, 2022 09:23 IST

Looking further ahead, the OBR forecast gross domestic product would grow 1.8% in 2023 and 2.1% in 2024.

UK economy to grow more slowly in 2022, inflation to jump

The International Monetary Fund estimates British gross domestic product will grow by 4.7% in 2022, the fastest among Group of…

March 23, 2022 18:57 IST

Energy transition to create 3.2 million jobs by 2050, says Bhagwanth Khuba

The minister of state for new & renewable energy was speaking at a curtain raiser event for the third edition…

March 22, 2022 15:32 IST

India’s huge market, fast-growing economy presents opportunities for Irish companies: Conor Fahy, India at Enterprise Ireland

Bilateral trade between India and Ireland touched 5.5 billion euros in the past and now Ireland is keen on further…

March 21, 2022 19:50 IST

Indian economy better placed to deal with any challenge, says RBI governor

The governor further said banks at the system level are in better health now with the capital adequacy ratio at…

March 21, 2022 18:19 IST

‘Huge business opportunities exist for India and Austria to boost trade, investment’

The bilateral trade between the two countries has crossed USD one billion and “it shows what kind of potential we…

March 21, 2022 13:07 IST

Indian economist Jayati Ghosh named by UN to high-level advisory board on multilateralism

UN chief Guterres on Friday announced the establishment of the Advisory Board on Effective Multilateralism to be co-chaired by former…

Updated: March 21, 2022 09:16 IST

The RBI’s report on the State of the Economy started on a sombre note, which says that the outlook for the global economy is beset with downside risks and Omicron continues to weigh on overall activity

Across the Aisle by P Chidambaram: The status quo is untenable

The report of the MoF is understandably upbeat and self-laudatory but for a solitary warning: “Recent geopolitical developments have introduced…

March 20, 2022 06:00 IST

$1-trillion economy goal: UP seeks new consultant

On behalf of the state government, the planning department has floated the tender to engage a consultant for the task.…

March 18, 2022 00:03 IST

Global economic fallout of war in Ukraine is expected to negatively impact Indian economy: IMF

The immediate impact of the conflict on China is likely to be relatively small, the IMF said on Thursday.

Updated: March 17, 2022 21:46 IST

The minister said the recent Budget has announced the setting up of as many as 75 digital banking units across the country. This will further drive the digital economy.

Digital economy will jump to $800 billion by 2030: FM Nirmala Sitharaman

The country’s digital economy was worth about $85-90 billion in 2020, according to an estimate by consulting firm RedSeer.

March 12, 2022 06:15 IST

If current dynamics push inflation steadily higher, and "if the central banks take their mandates seriously, you will see a further (tightening) in financial conditions," said Rene Albrecht, strategist at DZ Bank.

Tightening financial conditions sound alarm for world economy

The current bout of tightening is an unwelcome development for a world economy that, despite historically loose monetary conditions in…

March 9, 2022 18:48 IST

Public-Private Partnership to be key driver of PM Gati Shakti scheme: MoS Finance

The PM Gati Shakti – National Master Plan was announced last year with an aim to break departmental silos and…

March 7, 2022 13:56 IST

Oil price surges to highest since 2008, as brent hit $139/barrel, on delays in Iranian talks

Oil prices soared to their highest since 2008 due to delays in the potential return of Iranian crude to global…

Updated: March 7, 2022 09:27 IST

Reactivating rupee-rouble trade? Deals in national currencies have already been struck, further growth is likely

Indian exporters are worried as they have payments of $400-600 million pending in Russia. Sending fresh consignments is also difficult…

March 7, 2022 08:07 IST

Need nuanced, market-specific approach for implementing complex eco legislations: CCI chief

Acknowledging that at times, there can be a tension between a rule-based approach that ensures legal certainty and a case-by-case…

March 4, 2022 14:29 IST

This phase is characterised by very low to negative growth rates. Interventions in the form of macroeconomic policies are needed during this phase to stop the contraction from intensifying, leading to the next phase, called the trough.

Your Money: How business cycles impact market behaviour

Based on the phase the economy is in, certain tweaks in the investment portfolio can enhance positive returns

March 4, 2022 03:15 IST

Exports rise 22.36 per cent to $33.81 billion in February

Imports during the month too jumped by about 35 per cent to USD 55 billion.

March 2, 2022 19:12 IST

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Defence sector manufacturing on overdrive: Key projects driving Rs 1.5 lakh crore growth

Business36 min ago

India is experiencing a surge in local defence manufacturing, resulting in a rise in orders for both public and private sector companies. The industry is entering a prosperous phase with a Rs 10 lakh crore pipeline and a 15-year defence roadmap. Collaboration between public and private companies, including Hindustan Aeronautics, Larsen and Toubro, and Tata Advanced Systems

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