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Tuesday, April 23, 2024
TopicIndia economy

Topic: India economy

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,...

From worst, to best: Rupee becomes Asia’s top currency as India’s Covid crisis begins easing

The revival in the rupee’s fortunes reflects the country's efforts to tackle the pandemic, with local lockdowns helping to rein in daily cases which were the world’s highest in April.

India’s Covid crisis shows lack of foresight, complacency, says Raghuram Rajan

Former RBI governor Rajan says India’s relative success with first wave likely led to a sense that vaccines could be rolled out slowly, adds that the govt is now in 'emergency mode'.

On Camera

BJP’s 2024 election manifesto only looks tech-savvy. It is quite outdated

The manifesto’s silence on legal reforms in the digital space is concerning. The outdated Information Technology Act, about two decades old now, remains India’s nodal tech law.

Economists vs statisticians — the battle being fought over the soul of India’s GDP data

Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.

‘No brides for Agniveers’: In Rajasthan’s ‘Shaheedon ki nagri’, few takers for defence coaching centres

Coaching centres for Army aspirants in Jhunjhunu are shutting down due to plummeting admissions in the face of a lack of job guarantees under Agnipath Scheme.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.