Tag: Economy

Indian Economy marching towards 2047 goal
Indian economy shows great resilience post Covid; marches strongly towards 2047 goal

India has one of the most promising economies globally. India has surpassed Britain to become the world's fifth largest economy.

  • Friday, 14 October 2022
Worst yet to come, 2023 will feel like a recession, says IMF
Worst yet to come, 2023 will feel like a recession, says IMF

The world economy has been dealt multiple blows, with the war in Ukraine driving up food and energy prices following the coronavirus outbreak, while soaring costs and rising interest rates threaten to reverberate around the globe.

  • Wednesday, 12 October 2022
Indian Economy
From Guardian to New York Times, global media finally acknowledges India's economic success

India, which is now targeting to touch the $5 trillion economy level in the next few years, recorded a GDP growth rate of 13.5 per cent for the April-June quarter of the current financial year.

  • Tuesday, 13 September 2022
Inflation Worries
‘Inflation in India in double digits since past 14 month'

Initiating a discussion on prise rise under Rule 193 in the Lok Sabha, he alleged that one per cent of the people are controlling 77 per cent of the nation wealth.

  • Monday, 01 August 2022
Odisha's economic growth rate declines

Bhubaneswar: Odisha’s economy is estimated to grow at 7.14 per cent in 2017-18 as compared to 7.94 per cent (Advance Estimates) in 2016-17, revealed the Economic Survey Report 2017-18, which was tabled in the Odisha Assembly today ahead of the State Budget. As per the report, Odisha’s Gross State Domestic Product (GSDP) is likely to […]

  • Saturday, 24 July 2021
India fastest growing economy at 7.4% in 2018: IMF

United Nations: The International Monetary Fund (IMF) reaffirmed on Wednesday that India will be the fastest growing major economy in 2018, with a growth rate of 7.4 per cent that rises to 7.8 per cent in 2019 with medium-term prospects remaining positive. The IMF’s Asia and Pacific Regional Economic Outlook report said that India was […]

  • Wednesday, 07 July 2021
Economy will witness higher growth in coming quarters: Jaitley

New Delhi: Lauding the upward movement of the GDP number for the second quarter of 2017-18, Finance Minister Arun Jaitley said the rise in growth after five quarters marks the reversal of the trend and the economy will witness high growth rates in the coming quarters. “Last five quarters have witnessed downward trend. The 6.3 […]

  • Tuesday, 06 July 2021
Yashwant Sinha BJP
Can't watch 'cheerharan' of economy silently: Yashwant Sinha

New Delhi: In a riposte to Prime Minister Narendra Modi, senior BJP leader Yashwant Sinha on Thursday said he won’t watch silently when the Indian economy was facing “cheerharan” — like Bhishma when Draupadi was disrobed in the Mahabharata. Replying to Modi’s speech on Wednesday in which he compared his critics to Shalya, the demoralising […]

  • Tuesday, 06 July 2021
Appropriate action to tackle economic slowdown soon: Jaitley

New Delhi: Acknowledging that private investment was short in coming, Finance Minister Arun Jaitley on Thursday said that the government will come out with “appropriate action” at the right time to boost the economy. “From day one, this is a proactive government. We are analysing the economic indicators and appropriate action will be taken at […]

  • Tuesday, 06 July 2021
Modi government has made economy sluggish: Congress

New Delhi: The Congress on Monday accused the Narendra Modi government of turning India’s economy from the “fastest growing” into a “sluggish and stagnating” one, and said growth and investment rates have seen a decline. Talking to reporters here, Congress spokesperson Abhishek Manu Singhvi also hit out at BJP National President Amit Shah. He said […]

  • Tuesday, 06 July 2021
World Bank
India to grow at 7.2% in 2017-18: World Bank

New Delhi: The World Bank on Monday projected a 7.2 per cent growth rate for India in 2017-18 due to the impact of demonetisation and protracted investment recovery. In its bi-annual economic India Development Update, the World Bank said the growth will accelerate to 7.2 per cent from 6.8 per cent in 2016-17. “Economic activity […]

  • Monday, 05 July 2021
Arun Jaitley
21st century belongs to Asia, Africa: Arun Jaitley

Gandhinagar: The 21st century will not only belong to Asia but also to Africa, hence India and Africa should navigate the journey together to shape their common future, Finance Minister Arun Jaitley said on Tuesday. Addressing the 52nd annual meeting of the African Development Bank here, Jaitley said while India has been a bright spot […]

  • Monday, 05 July 2021
india economy
CII predicts 7.5-8% growth of Indian economy

New Delhi: Industry body Confederation of Indian Industry (CII) on Thursday predicted that India’s economic growth rate for 2017-18 will range between 7.5 and eight per cent. According to newly elected CII President Shobana Kamineni, key reforms such as the introduction and implementation of the Goods and Services Tax (GST) system will be a growth […]

  • Monday, 05 July 2021
india internet economy
India's internet economy set to hit $250 bn by 2020

New Delhi: Driven by e-commerce and financial services, India’s internet economy is expected to double from $125 billion to $250 billion — growing from the current five per cent to 7.5 per cent of the country’s GDP, a joint report by The Boston Consulting Group (BCG) and The Indus Entrepreneurs (TIE) said on Friday. With […]

  • Monday, 05 July 2021
Trump 1, free trade 0: G20 nations bow to US pressure

Berlin: The world’s biggest economies have dropped a long-standing public endorsement of free trade at their first meeting with the US President Donald Trump’s administration. Finance Ministers and central bank Governors from the G-20 group of leading economies, including the US, China, Mexico, Germany and India, held two days of tough talking in the German town […]

  • Monday, 05 July 2021