Saturday, 21 May, 2022
TopicGrowth Rate

Topic: Growth Rate

Why did India not fulfil its economic potential? New book outlines ‘economics of non-performance’

In 'The India Story', former RBI governor Bimal Jalan writes that much remains to be done about our economy since the boost of the 1990s.

World economy faces tougher start to 2021 as slow vaccine rollouts delay recovery

While global growth is still on course to rebound from the recession of last year at some point, it may take longer to ignite and not be as healthy as previously forecast.

Indian economy could recover to 6.6% next fiscal, new UN report predicts

The recovery will come due to a combination of fiscal stimulus and financial sector reforms, says the UN report. South Asia’s growth is also expected to rebound.

Slowdown not recession says Nirmala Sitharaman: Is Modi govt still in denial on economy?

Finance Minister Nirmala Sitharaman admitted in the Rajya Sabha Wednesday that the Indian economy had slowed down but clarified 'it is not recession yet; it won’t be'.

Indian economy is on a decline. So why are IMF and World Bank’s growth forecasts so high

Analysts from IIM and IIT have looked at former CEC Arvind Subramanian’s data and concluded that India’s true growth rate might have been closer to 4.5%.

This downturn too shall end. The low growth base this year will make sure of that

Economic soothsayers may well be right when they predict a pick-up to 5.8% growth for Q2, 6.4% for Q3 and 7.2% for Q4. The low base will help with that.

Netflix gets close to the big question: Can it survive at this rate of growth?

Netflix is still adding customers at a healthy clip but its survival is predicated on adding streaming video customers essentially to infinity.

IMF pushes down global growth rate to 3% amid economic slowdown in India, China

IMF chief economist Gita Gopinath warned that the global economy is in a 'synchronised slowdown' and called for policymakers to cooperatively deescalate trade and geopolitical tensions.

Indian economy’s animal spirits got worse as slowdown spilled into July

A gauge measuring overall economic activity moved one notch toward weaker territory as 6 of 8 high-frequency indicators fell from previous month.

Economic growth rates look almost medieval in rich countries too

Even before the recent bad news, growth rates had slowed down in most rich countries, to historically low levels in some cases.

On Camera

YourTurn

Title scene of Taarak Mehta ka ooltah chashmah.

Dear Taarak Mehta, you were our peak comfort content for 14 years. Now it’s time to retire

Just like the Truman Show, all Taarak Mehta plots somehow feel the same for the past few years. It's fine to accept that ideas can go stale.
An attendant refills a two-wheeler with fuel at a petrol pump in New Delhi Saturday | ANI

Under fire for spiraling inflation, Modi govt announces excise duty cut on fuels, LPG subsidy

It has also decided to enhance the fertiliser subsidy for farmers, and reduce import duty on some raw materials. ‘It is always people first for us!’ tweets prime minister.

Defence

File photo of a defence personnel armed with a SiG 716 rifle near the Line of Control | Photo: Snehesh Alex Philip | ThePrint

India to ink ‘repeat order’ deal for 73,000 SiG 716 rifles from the US

In February 2019, 72,400 SiG 716 rifles of 7.62 x 51mm calibre were contracted from SIG Sauer Inc, USA, under government's 'Buy (Global) category', through fast track procedure.

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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