Tag: Indian Economy

World Bank
India's Economy To Grow By 8.3%, Making It 2nd Fastest Growing-Major Economy

Of the major economies, China is ahead with its economy expected to grow by 8.5 per cent during the current calendar year after the Bank revised it upwards from the 8.1 per cent projection in April.

  • Friday, 08 October 2021
Hiring On Rise!
Hiring In IT, Manufacturing, Hardware Lead Job Market Recovery

According to the LinkedIn India - Labour Market Update (July 2021), India's job market is witnessing a steady recovery on the hiring activity.

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  • Friday, 03 September 2021
COVID 2nd Wave: IMF Cuts India Growth To 9.5% Due To Delta Variant Surge
COVID 2nd Wave: IMF Cuts India Growth To 9.5% Due To Delta Variant Surge

The IMF stressed the importance of vaccinations in the economic recovery from the pandemic and noted that countries like India that lagged in the rate of vaccinations would suffer if more infectious variants developed.

  • Tuesday, 27 July 2021
Note ban anniversary: OTV's reality check at Odisha’s first cashless village

Puri: With what is being touted as one of the ‘boldest measures’ in Indian economy, one year has passed since the decision by the Centre to demonetise high value currency notes of Rs 500 and Rs 1,000. One year on, OTV did a reality check on the effect of demonetisation at Nuagaon village under Satyabadi […]

  • Friday, 23 July 2021
Indian Economy To See 'Substantial Slack' In FY22 Despite Growth: RBI

"Even with a 9.5 per cent GDP growth in 2021-22, there will be substantial slack in the economy and demand pressures may take some more time to become evident," said te RBI Bulletin for July 2021.

  • Friday, 16 July 2021
Attractive stressed assets up for sale in India: Jaitley

New Delhi: India’s bankrupt companies offer a never-before opportunity to the global investors to ride the country’s exceptional growth trajectory, thanks to the Insolvency and Bankruptcy Code (IBC), Finance Minister Arun Jaitley said. “Given the future potential of the Indian economy and the fair process followed under the Code, it is a great opportunity for […]

  • Friday, 09 July 2021
G20: Modi discusses economy, terrorism, fugitive economic offenders

Buenos Aires: Prime Minister Narendra Modi stressed on cooperation among G20 countries on issues related to global economy, trade tensions, crude oil prices and terrorism and fugitive economic offenders, India’s G20 sherpa has said. Addressing the media here, Shaktikanta Das on Saturday said the current challenges being faced by the global economy, especially emerging economy […]

  • Friday, 09 July 2021
Rahul Gandhi
Don't play with India's economic sovereignty: Congress to Modi

New Delhi: The Congress on Tuesday accused the Narendra Modi government of playing with India’s economic sovereignty by trying to demolish the Reserve Bank of India (RBI) and seeking transfer of Rs 3.6 lakh crore or one-third of the central bank’s reserves. The Congress said if the “unprecedented” demand by the Modi government was allowed […]

  • Thursday, 08 July 2021
Government need to be on toes to meet challenges: Jaitley

New Delhi: Asserting the importance of banking as Indian economy gets more formalised, Finance Minister Arun Jaitley on Saturday said the regulator and the government need to be on their toes for quick action without exaggerating the emerging challenges. “When challenges come, we have a tendency to exaggerate them at times but then the banks, […]

  • Thursday, 08 July 2021
Challenge to turn India's growth rate to double digits: Modi

New Delhi: Prime Minister Narendra Modi on Sunday said the Indian economy grew at a healthy 7.7 per cent in the fourth quarter of 2017-18 and the challenge now is to turn this to “double digits”. “The challenge now is to take this growth rate to double digits, for which many more important steps have to […]

  • Wednesday, 07 July 2021
Agri sector didn't see reforms for 25 years: NITI Aayog Member

New Delhi: NITI Aayog Member Ramesh Chand on Friday said while every sector of the Indian economy had undergone some sort of transformation in the last 25 years, the agriculture sector was largely ignored. “In last 25 years, particularly since the beginning of economic reforms in 1991, we have seen some sort of transformation in […]

  • Tuesday, 06 July 2021
Jaitley chairs high-level meeting on economy

New Delhi:  A high-level meeting chaired by Finance Minister Arun Jaitley got underway here on Tuesday evening to review the economic situation and discuss measures, including a possible stimulus package, to be taken amidst an economic slowdown. The meeting is being attended by, among others, Railway Minister Piyush Goyal, Commerce Minister Suresh Prabhu, Chief Economic […]

  • Tuesday, 06 July 2021
Samsung to help India become $1tn digital economy: Prasad

Noida: The government is aiming at a $1 trillion digital economy by 2020 and Samsung India will spearhead this movement, Information and Technology Minister Ravi Shankar Prasad said on Wednesday as the South Korean giant announced Rs 4,915 crore investment in expanding its Noida manufacturing plant. The expansion of the plant on a 35-acre land adjacent […]

  • Monday, 05 July 2021
CII-IBA Financial Conditions Index
Indian economy to improve in Q1, funds' cost may rise: CII-IBA

New Delhi: The Indian economy is poised to experience improvement in overall conditions during the ongoing first quarter owing to better external financial linkages, and growth in both funds available as well as domestic economic activity, industry chamber CII said on Sunday citing its survey. “The CII-IBA Financial Conditions Index at 56.9 for Q1 (April-June) […]

  • Monday, 05 July 2021
Indian economy grows at 15-quarter high of 8.2% in Q1

New Delhi: The Indian economy grew at 15-quarter high of 8.2 per cent in the April-June quarter of current fiscal on good show by manufacturing and farm sectors, according to the government data released today. The growth cemented India’s position as the fastest growing major economy, clocking higher expansion rate than China’s 6.7 in the […]

  • Tuesday, 29 June 2021