Tuesday, 4 October, 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

File photo of Supreme Court | Manisha Mondal | ThePrint

SC ruling on hijab & Gyanvapi won’t just be limited to faith. It’ll be about our democracy

While petitions against Karnataka’s hijab ban are an opportunity to define student rights, those against Place of Worship Act can be a platform to ensure a robust law-making procedure in India.
A man counts Indian currency notes inside a shop in Mumbai, India | Reuters/Francis Mascarenhas

RBI tells state refiners to reduce dollar buying in spot market, contain sharp fall in rupee

RBI has ensured that $9 billion has been made available at overseas branches of some Indian banks for the country's three state-run refiners to tap, according to sources.

Defence

The LCH is designed with stealth features such as reduced visual, aural, radar and infrared signatures | Photo: IAF

Prachand, India’s new Light Combat Helicopter, doesn’t yet have main arsenal or protection suite

IAF inducted new helicopter Monday, but it'll get anti-tank guided missile only by mid-2023, while air-to-air missiles haven't yet been ordered, it is learnt.

India’s hijab supporters will lose even if they win SC battle. Because the real war is political

In a highly polarised time, cornered minorities tend to lean back and protect the roots and fundamentals of what is so dear to them. Politically, it can often be a bad trap.
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