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India to turn into a $30-trillion economy in 30 years: Piyush Goyal

Based on a (conservative) compounded annual growth rate of 8%, the country’s economy will double in about nine years, he…

Updated: June 26, 2022 10:06 pm

Indian economy may touch $30 trillion in next 30 years, says Piyush Goyal

He also informed that Tiruppur has become a global apparel hub and is exporting goods worth over Rs 30,000 crore…

Updated: June 26, 2022 7:54 pm

Global economic difficulty: India can allow foreign reserves to ‘burn’ to shield system, says PM’s adviser

According to him, India at present has ‘large foreign exchange reserves’, which if necessary the country can easily allow it…

Updated: June 18, 2022 11:57 pm

Fitch expects RBI to raise interest rates to 5.9 pc by December-end

In its update to Global Economic Outlook, Fitch said India’s economy faces a worsening external environment, elevated commodity prices, and…

Updated: June 14, 2022 4:59 pm

Geopolitical tensions, high pump and raw material prices may keep inflation above RBI’s comfort zone this year

Economists said even though inflation may have peaked in April, it will continue to remain hot at about 6.5 per…

Updated: June 14, 2022 1:27 pm

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…

Updated: June 10, 2022 6:58 pm

Fitch cuts India’s GDP growth forecast to 7.8% for this year but raises future economic outlook

Fitch Ratings said despite the global uncertainties, especially the headwinds from the global commodity price shock amid Russia Ukraine war,…

Updated: June 10, 2022 11:44 am

As RBI races to tame inflation beast, here’s what its future course of action will be; experts tell

Experts see 75-100 basis points rate hike by the end of current year, with the quantum of hikes in the…

Updated: June 8, 2022 3:14 pm

World Bank trims India growth forecast to 7.5%

It has also scaled down its global growth projection by as much as 120 bps to just 2.9% for 2022.…

Updated: June 7, 2022 11:00 pm

World Bank ने 8% से घटाकर 7.5% किया भारत का विकास दर अनुमान, मौजूदा वित्त वर्ष में दूसरी बार की कटौती

World Bank ने वित्त वर्ष 2022-23 के लिए भारत के विकास दर अनुमान को अप्रैल में 8.7% से घटाकर 8%…

Updated: June 7, 2022 8:24 pm

Russia, Europe eye India trade route

New business orders in defence, shipbuilding & oil refining

Updated: June 6, 2022 11:42 pm

India’s economic growth to be supported by fiscal spending, says Nirmala Sitharaman

The government has proposed to significantly step up the public investment by raising capital expenditure to Rs 7.5 lakh crore.

Updated: June 6, 2022 8:06 pm

‘Fight to contain inflation genie’: Experts say RBI may hike interest rates by about 50 bps in MPC meet

In terms of inflation expectations, some economists expect the central bank to raise the inflation forecast by 80 to 90…

Updated: June 6, 2022 2:31 pm

Policy tightening to pressure fiscal numbers, deficit seen at 6.7% in FY23: Report

As per the report, the central deficit is expected to be at 6.7 per cent and states’ at 3.5 per…

Updated: June 2, 2022 3:46 pm

SBI ups FY23 GDP forecast to 7.5%; from oil prices to credit growth, here are factors that will shape growth

“We are keenly watching the uncertainties regarding the crude oil prices. At $120/bbl, it still poses significant uncertainties regarding inflation…

Updated: June 2, 2022 12:02 pm

RBI may cut India’s growth projections, shift focus to inflation control over growth: Barclays

This comes as GDP growth in Q4 was at a one year low and economic growth in FY 2023 is…

Updated: June 1, 2022 1:49 pm

Current Inflation can’t be cooled through Monetary tools

Out of all inputs, the rise in cost of domestic coal and minerals is unprecedented which has affected the cost…

Updated: June 1, 2022 12:30 pm

GDP 2022: Growth slows to 4.1% in Q4; India to face global heat this year, yet remain fastest growing economy

Going ahead, global macroeconomic factors such as Russia-Ukraine war, high global commodity and food prices, and global central bank’s monetary…

Updated: May 31, 2022 7:34 pm

India Q4 GDP Highlights: Jan-Mar GDP growth at 4.1% beats estimates; FY22 economic growth estimate cut to 8.7%

India Q4 2022 GDP Highlights: Economists had estimated India’s Q4 2022 GDP growth to have slowed down to 4% year-on-year,…

Updated: May 31, 2022 8:59 pm

India’s Q4 GDP report card may show growth deceleration; omicron, Russia-Ukraine war to blame

India’s GDP growth is forecast to be in the bracket of about 2.7% to 4% in the Q4 2022, according…

Updated: May 31, 2022 11:42 am

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Budget 2016: For every Indian rupee in govt kitty, Arun Jaitley to borrow 21 paise

Budget 2016: For every rupee in the government coffer, 21 paise will come from market borrowing in 2016-17, while 19…

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