scorecardresearch
Saturday, November 2, 2024
TopicIndia economy

Topic: India economy

India’s fifth-largest economy rank is pointless. States’ population eats into gains

The non-trivial part of the demographic story in India lies in the stark contrast among states in terms of population growth and its impact on their economies.

World Bank lowers FY24 GDP growth forecast to 6.3% from 6.6%

Spillover from recent turmoil in financial markets in US, Europe pose risk to short-term investment flows to emerging markets, including India, said World Bank economist.

Focus on rupee trade, e-commerce exports: Key highlights of Foreign Trade Policy 2023

New FTP expects e-commerce exports to grow up to $200-300 billion by 2030. It also proposes reduced licence fees for MSMEs, provisions for merchanting trade & more.

India’s GDP to grow at a slower 6% in FY24, inflation to ease to 5% that year: CRISIL

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.

Why Australia’s Lowy Institute says India is Asia’s 4th biggest power but still an ‘underachiever’

The index ranks 26 countries and is based on 8 broad parameters. It includes Russia, Australia, New Zealand and the US for the influence they wield over the continent.

India among fastest-growing major economies, but GDP growth will decline to 6.9%: World Bank

The bank said slowdown in emerging economies could position India as an attractive alternate investment destination.

Mean or nice? It’s time for India to decide what kind of economic policy it wants to follow

Hypocrisies of yesterday’s rule-makers contribute to India’s nationalist impulse, but it must choose if it wants to be admired for its soft power or be seen as an arbitrary state.

India’s economy likely lost speed on Covid curbs before Ukraine war

Data due Tuesday is likely to show GDP in the year to March 2022 grew 8.7% from a year ago, slower than the 8.9% expansion projected by the Statistics Ministry three months ago.

Wider reopening from pandemic, strong demand takes India past inflation for now

RBI Governor Shaktikanta Das, who is due to lead a meeting of the policy panel next month, has signalled more tightening to keep inflation from denting household spending power.

Fitch Ratings cut India’s growth forecast to 10% from estimate of 12.8% for current fiscal

New Delhi: Fitch Ratings on Wednesday cut India's growth forecast to 10 per cent for the current fiscal, from 12.8 per cent estimated earlier,...

On Camera

As a Hindu Canadian, I am deeply hurt by cancellation of Diwali. My community is now sidelined

Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Indian firms sanctioned by US didn’t violate laws, says MEA. Hyderabad firm that supplied to Army on list

Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.