Thursday, 26 May, 2022
TopicEconomic growth

Topic: economic growth

Indian economy looks like a champ while the world struggles. But wait, don’t celebrate yet

Outlook for India seems better than for most others, but growth forecasts are being tempered while inflation picture has got worse. Production numbers are modest, dip in business mood.

Fuel price shock coming, growth to suffer. Govt should roll back tax hikes for consumers’ sake

Material costs for industry will go up, pandemic recovery will take longer. But question is how long oil prices will stay high, with West avoiding sanctions on Russia’s energy sector.

Growth is a big help but India also needs to account for jobs, poverty, health, environment

Modi govt’s approach in Budget may bring growth for few years, despite slowing world economy, rising rates. But problems in areas including education won’t just vanish automatically.

India ‘18-24 months behind schedule’ to achieve $5 trillion economy: Govt advisor Sanjeev Sanyal

Modi govt had in early 2018 announced vision to achieve $5 trillion economy level by the 2025 fiscal, but the domestic economy started losing momentum because of the Covid pandemic in 2020.

5 factors will shape Indian economy in 2022, and you can be cautiously optimistic despite Covid

With both GDP and inflation rising, central banks around the world may hike interest rates leading to instability in financial markets. But it’s not all bad news.

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.

On Camera

YourTurn

US President Joe Biden speaks in the East Room of the White House in Washington, D.C., on 16 August 2021. Biden defended his decision to withdraw US troops from Afghanistan | Samuel Corum | Bloomberg

US blames failure to shut Pakistan border for Afghan defeat. India, please take note

The US could have used its coercive resources to compel Pakistan to shut down the Taliban’s transborder sanctuaries. It chose not to—costing its victory.
Vendors at a store selling edible oils at Begum Bazaar in Hyderabad, India| Photographer: Dhiraj Singh/Bloomberg

Modi govt to allow duty-free import of soybean, sunflower oil, cool surging prices

The government will permit purchases of 2 million tons each of the two vegetable oils per annum this fiscal year and the next, according to a notification by the finance ministry.

Defence

Naval helicopters | Representational image | indiannavy.nic.in

What’s Combined Military Forces-Bahrain? US-backed coalition India joined on Quad sidelines

India is 35th member of the maritime counterterrorism partnership that also includes Pakistan, Australia, Bahrain, Denmark, Egypt, France, Germany and Greece, among others.

Mandir or Masjid? New surveys not needed, just acceptance of truth & move towards reconciliation

That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.
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