Page 11 of Indian Economy

"We are making progress on making India a manufacturing hub. India's young and talented workforce makes us naturally competitive," he said.

Indian economy expected to grow by 7.5 per cent this year: PM Modi at SCO summit

“For this purpose, we are ready to share our experience with SCO member countries by establishing a new Special Working…

September 16, 2022 18:13 IST

Inflation rises to 7 per cent in August; RBI may hike interest rate again later this month

Inflation had reached a high of 7.79 per cent in April before decelerating in the next months to 6.71 per…

Updated: September 12, 2022 22:41 IST

Economy, Indian economy, Rice, non Basmati rice, export duty, non Basmati rice export duty

India imposes 20 per cent export duty on non-Basmati rice

The export duty will come in force from September 9, the notification added.

Updated: September 8, 2022 22:18 IST

Confident of achieving bigger goals in Amrit Kaal: PM Modi on India becoming world’s 5th largest economy

“We need to maintain this enthusiasm,” Modi said while virtually addressing beneficiaries of various government schemes and those present at…

September 8, 2022 13:13 IST

India CPI inflation may firm up to 6.75-6.9% in August despite input pressure easing; here’s what may hurt

According to Kaushik Das, chief economist for India and South Asia at Deutsche Bank, key vegetable prices tend to shoot…

September 6, 2022 13:15 IST

finance minister, nirmala sitharaman, economy, Elara Capital, gdp

Will give necessary stimulus to economy, along with RBI: FM

The economy will likely see slower growth in the current quarter and the coming few quarters, due to a waning…

September 6, 2022 04:45 IST

Uday Kotak, indian economy, indian economy vs UK economy, economic growth

As India pips UK, a reality check from Uday Kotak

While the Indian economy is ahead of the UK in absolute number, India’s per capita income is significantly lower on…

September 5, 2022 05:45 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

freebies, economy, state finances, supreme court, taxpayers, political compulsions, welfare expenditure, recession, investment, foreign exchange reserves

‘Poorly-directed freebies’ may adversely affect state finances & country’s economy, say experts

Recently, the Supreme Court said freebies at the cost of taxpayers’ money may push the country towards imminent bankruptcy.

August 31, 2022 12:15 IST

indian economy, economy, economic growth, gst, gdp

India@100: The journey during the Amrit Kaal

A glimpse into India’s progress over the past 75 years suggests that focus on B (basic amenities) and C (children)…

August 30, 2022 17:50 IST

BJP Bachha Chor Party, Deputy Chief Minister Manish Sisodia, Delhi government's Excise Policy 2021-22

CBI searches Manish Sisodia’s locker, Deputy CM says nothing found

The Aam Aadmi Party (AAP) leader is among the 15 people and entities named in an FIR registered by the…

August 30, 2022 16:19 IST

Advance price agreements, FDI, indian economy, economic growth,

Advance price agreements need a turbocharge Premium Story

Among the many transformational initiatives, a legacy reform like advance pricing agreements seems to have been ignored. Turbo-charging APAs will…

Updated: August 29, 2022 09:54 IST

CEPA, Maritime Security and more on agenda when PM Hasina visits India next month

CEPA, maritime security on Bangladesh PM’s visit agenda next month

Both India and Bangladesh are keen on an early conclusion of the Bangladesh-specific Comprehensive Economic Partnership Agreement (CEPA).

Updated: August 18, 2022 18:44 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

Celebrating 75 years of US-India Relations

Since India’s economic reforms of 1991, the country has emerged as an economic behemoth, a South Asian tiger and this…

August 17, 2022 20:23 IST

India@75: Economy must run faster to address socio-eco problems

The dominant view in the literature on development economics in the 1950s and 1960s was that the government had an…

August 15, 2022 08:17 IST

As per the OECD calculations, India is poised to overtake the US economy by 2048, making India the largest economy in the world after China. Indian economy grew by 8.7% by FY22 and the RBI has projected GDP growth of 7.2% in FY23.

India can be 2nd-largest economy by 2031: RBI Dy Guv Michael Patra

While India has an infrastructure gap due to lower investment in the sector, the share of infrastructure investment should increase…

August 14, 2022 05:40 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

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Speeding Mercedes kills one, injures two near Delhi’s Vasant Kunj; driver detained

India News52 min ago

A speeding Mercedes crashed into three pedestrians near a mall in South Delhi, killing one and injuring the others. The driver, Shivam, has been detained and an investigation is underway. The victims, who were returning from work, were waiting at an auto stand when the accident occurred. The driver lost control due to a road diversion and hit a pole before striking the victims.

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