Page 13 of Indian Economy

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,…

June 10, 2022 11:44 IST

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…

June 8, 2022 15:14 IST

With this, the multilateral body has revised down its India growth projection for a second time since the Ukraine war began — it had cut its forecast by 70 basis points in April. The country’s GDP grew 8.7% in FY22, albeit on a sharply-contracted base.

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.…

June 8, 2022 05:00 IST

Russia, Europe eye India trade route

New business orders in defence, shipbuilding & oil refining

June 7, 2022 06:00 IST

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.

June 6, 2022 20:05 IST

RI, monetary policy, RBI June MPC meeting

‘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…

June 6, 2022 14:30 IST

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…

June 2, 2022 15:46 IST

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…

June 2, 2022 12:02 IST

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 13:49 IST

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…

June 1, 2022 12:30 IST

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…

May 31, 2022 19:34 IST

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 20:59 IST

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 IST

8 years of Narendra Modi govt: Economic growth mixed bag; job market, inflation a worry

From the time of coming into power, the prime minister has stressed on his government’s goal of “sabka sath, sabka…

May 26, 2022 13:42 IST

India, US, Economy, India-US economic ties, PM Narendra Modi, Joe Biden

India, US sign pact to facilitate $4-bn investment

The DFC, a development finance agency of the US government, is currently considering investment proposals worth $4 billion for India,…

May 24, 2022 02:10 IST

‘Heatwaves’ credit negative for India: Moody’s says climate-related shocks could hurt growth, worsen inflation

“Over the longer term, India’s highly negative credit exposure to physical climate risks means its economic growth will likely become…

May 23, 2022 15:46 IST

Prolonged high temperatures could worsen inflation, hurt economic growth in India: Moody’s

Over the longer term, India’s highly negative credit exposure to physical climate risks means its economic growth will likely become…

May 23, 2022 12:17 IST

FM Sitharaman’s fuel tax cut will tame inflation but hurt Budget math; fiscal deficit may overshoot to 6.9%

Barclays said tax cuts on motor fuels could shave at least 20 basis points off headline CPI while the subsidy…

May 23, 2022 10:43 IST

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

India News2 hr 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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