Topic: economic growth
Indian economy shows more signs of recovery as festive season kicks off
Exports rose about 23% year-on-year in September, and imports too jumped. Industrial production expanded 11.9% in August from a year earlier.
India expected to show faster economic recovery in 2022
Strong demand is keeping India on track to achieving world’s fastest growth in the year to March, with new weekly infections dropping to lowest in more than 6 months.
Indian economy needs to fire on 4 engines to grow. But Modi govt is betting on just 2
Steep jump in medium-term growth rates, of the kind projected, needs strong private & govt investment, domestic demand & exports. Govt has bet on growth in own investment, while exports are doing well.
India’s uncertain growth trajectory makes it tough for RBI to tinker with interest rates
There are some early signs of moderation in inflation and a pick-up in growth, but RBI is likely to monitor growth and inflation before a decision on changing rates.
Infinite exponential economic growth is a myth, says Sam Pitroda
In ‘Redesign the World’, Sam Pitroda argues that hyperconnectivity and Covid-19 have offered a unique opportunity to redesign the world to meet future challenges.
IMF projects 12.5% growth rate for India in 2021, 6.9% in 2022
China, on the other hand which was the only major economy to have a positive growth rate of 2.3 per cent in 2020, is expected to grow by 8.6 per cent in 2021 and 5.6 per cent in 2022.
High growth, high volatility — what Indian economy can expect in the new financial year
As wave upon wave of Covid-19 is seen in India & abroad, the year is likely to witness alternating good & bad news, causing volatility in financial markets.
Pandemic slowed Tamil Nadu’s economic growth, now it can ill-afford poll freebie culture
Economists are concerned about high cost of freebies since pandemic has hit growth. Industry experts want new govt to focus on MSMEs & ease of doing business.
Output of 8 core infrastructure sectors grows 0.1% in January
The core sectors had expanded by 2.2% in January 2020, according to the provisional data released Friday by the Commerce and Industry Ministry.
Indian economy grows by 0.4% in October-December quarter, official data shows
The GDP had expanded by 3.3% in the corresponding period of 2019-20, according to the data released by the National Statistical Office (NSO).
Peng Shuai saga shows Communist Party doesn’t want US-style #MeToo movement in China
Peng, a former Wimbledon champion, has disappeared since she penned a social media post accusing former Chinese Vice-Premier Zhang Gaoli of sexual misconduct.
Bezos, Branson & Musk — Are billionaires popularising space travel or just on an ego trip?
Jeff Bezos will travel to the edge of space in his New Shepard aircraft — more than a week after billionaire Richard Branson defeated him in a fast developing space race.