The government had in February estimated GDP growth for 2022-23 to be 7%. The higher-than-expected actual performance is largely due to a strong cross-sector showing in Q4.
BRICS countries overtook G7 in 2020 by making up a larger share of global GDP in PPP terms, with China & India respectively in second and third positions globally that year.
Research agency says India showed more resilience during Covid than earlier thought & strong corporate balance sheets, govt capex push, and robust banking sector should support growth.
The sharp fall in year-on-year growth rate is also partly due to a fading of pandemic-induced base effects which had contributed towards higher growth figures in fiscal 2021/22.
Government capital spending increased more than 40% during the quarter as it stepped up expenditure on roads to railways, according to official data on Wednesday.
Victory has been declared in all kinds of areas, from the quality of our airports to vaccination numbers. But there is also much that is wrong, much that looks dangerous.
The extent to which a given challenge in the economy is cyclical or structural, has major implications for the effectiveness of monetary and fiscal policy.
Pakistan’s reported air strikes on Kabul last night, coinciding with Acting Afghan Foreign Minister Amir Khan Muttaqi’s visit to India, seem intended to send...
Recommendations appear in Niti Aayog’s Tax Policy Working Paper Series–II. It says there is a need to shift away from fear-based enforcement to trust-based governance.
In service with the British military since 2019, it is also known as the Martlet missile. Ukrainians have also deployed these missiles against Russian troops.
Pakistan’s army has been a rentier force available to a reasonable bidder. It has never come to the aid of any Muslims including Palestinians or the Gazans, except making noises here and there.
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