Category: Economy
India of 2023 is different from what it was in 2013: Morgan Stanley
https://www.business-standard.com/economy/news/india-will-as-emerge-as-key-driver-for-asia-global-growth-morgan-stanley-123053100389_1.html Clipped from: https://www.business-standard.com/economy/news/india-will-as-emerge-as-key-driver-for-asia-global-growth-morgan-stanley-123053100389_1.html India has witnessed a significant transformation in several areas since 2014 and will emerge as a key driver for Asian and global
👍’Solid performance’ to continue in FY24: CEA V Anantha Nageswaran
https://www.business-standard.com/economy/news/economic-momentum-to-continue-in-fy24-says-cea-v-anantha-nageswaran-123053101104_1.html Clipped from: https://www.business-standard.com/economy/news/economic-momentum-to-continue-in-fy24-says-cea-v-anantha-nageswaran-123053101104_1.html He said core and food inflation both came down, with a bumper harvest and healthy prospects for kharif season Chief Economic Adviser
RBI sure of India’s growth, but stresses on reforms sustaining – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/rbi-sure-of-indias-growth-but-stresses-on-reforms-sustaining/article66911062.ece Clipped from: https://www.thehindubusinessline.com/economy/rbi-sure-of-indias-growth-but-stresses-on-reforms-sustaining/article66911062.ece Central bank sees FY24 GDP growth at 6.5%; flags uninspiring global outlook India’s growth momentum is likely to be sustained in 2023-24
🙏At record 795 tonnes, RBI’s gold reserves see sharp on-year spike
Clipped from: https://www.business-standard.com/finance/news/at-record-795-tonnes-rbi-s-gold-reserves-see-sharp-on-year-spike-123050801126_1.html Photo: Bloomberg Listen to This Article The share of the country’s foreign currency assets deployed in overseas securities rose to 80.76 per cent
What critics of the govt miss: Not much is lost if the PLI scheme fails
Clipped from: https://www.business-standard.com/opinion/columns/what-critics-of-the-govt-miss-not-much-is-lost-if-the-pli-scheme-fails-123050500861_1.html Seeking a repeat of the East Asian model of merchandise export-led growth is a chimera. For India, services drive export growth, writes T
April factory activity hits 4-month high on robust demand – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/april-factory-activity-hits-4-month-high-on-robust-demand/articleshow/99902717.cms File photo. A worker grinds a metal gate inside a household furniture manufacturing factory in Ahmedabad. BENGALURU: India’s factory activity expanded at its
👍👍👍👍👍India’s welfare balm
lipped from: https://www.business-standard.com/opinion/columns/india-s-welfare-balm-123043000890_1.html While many analysts have estimated India’s potential annual GDP growth at 7-8 per cent, the most recent figures indicate a subdued rate of
👍👍👍Indian economy to grow at around 6.5 pc in FY24, says NITI Aayog member Arvind Virmani – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/indian-economy-to-grow-at-around-6-5-pc-in-fy24-says-niti-aayog-member-arvind-virmani/articleshow/99882934.cms Synopsis The International Monetary Fund (IMF) also lowered India’s economic growth projection for the current fiscal to 5.9 per cent from 6.1 per
👍India’s core industries growth rate dips to five-month low of 3.6% in March 2023 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/indias-core-industries-growth-rate-dips-to-five-month-low-of-36-in-march-2023/article66789782.ece Output growth for the entire 2022-23 came in at 7.6 per cent, lower than the 10.4 per cent achieved in previous fiscal The
👍👍👍Realistic assessment
Clipped from: https://www.business-standard.com/opinion/editorial/realistic-assessment-123042601299_1.html Focus on improving growth prospects Listen to This Article Economists at the Union Ministry of Finance (MoF) have a more realistic outlook for
🙏🙏🙏‘FY24 growth may be hit by global financial issues, risks to farm output from rains failure’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/fy24-growth-may-be-hit-by-global-financial-issues-risks-to-farm-output-from-rains-failure/article66776646.ece FinMin’s Monthly Economic Review flags rising oil prices, El Nino causing drought A Finance Ministry report on Tuesday reiterated that downside risks to official
👍👍👍👍👍IMF likely to have erred on India’s growth forecast, says RBI paper
Clipped from: https://www.business-standard.com/economy/news/rbi-paper-says-imf-likely-to-err-on-india-growth-forecast-123042100936_1.html Actual outcomes may surprise; India Inc profits remain healthy despite many challenges, it says Citing the RBI’s industry monitoring group’s (IMG) semi-annual survey,
👍👍👍Navigating a crisis | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/navigating-a-crisis/3049463/ As IMF’s global outlook turns dimmer, India must reinforce the focus on stability The Indian economy has presumably slipped into a somewhat long
👍👍👍Future of exports
Clipped from: https://www.business-standard.com/opinion/editorial/future-of-exports-123041600858_1.html India needs to do more to integrate with the world Photo: Bloomberg Listen to This Article The trade data for March was released