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Saturday, November 2, 2024
TopicIndia economy

Topic: India economy

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'.

IMF projects 12.5% growth rate for India in 2021, 6.9% in 2022

China, on the other hand which was the only major economy to have a positive growth rate of 2.3 per cent in 2020, is expected to grow by 8.6 per cent in 2021 and 5.6 per cent in 2022.

Indian economy grows by 0.4% in October-December quarter, official data shows

The GDP had expanded by 3.3% in the corresponding period of 2019-20, according to the data released by the National Statistical Office (NSO).

India expects V-shaped recovery, growth likely next year, Economic Affairs Secretary says

Tarun Bajaj, Secretary, Economic Affairs said advance tax collection numbers indicate contraction forecast for this year might not be as bad as anticipated.

Indian economy seen contracting 0.4% in 2020-21 under Covid impact, Bloomberg survey shows

Economic activity in India came to a virtual standstill after PM Modi ordered a lockdown starting March 25 to stem the spread of the coronavirus.

Coronavirus lockdown subdued ‘animal spirits’ of Indian economy in March

A sharp contraction in exports & decline in services sector activity weighed on the economy, with half of 8 high-frequency indicators showing weakness.

Off The Cuff with Dr. Krishnamurthy Subramanian

Dr. Krishnamurthy Subramanian, India's chief economic advisor was the guest at ThePrint's first digital ‘Off The Cuff’ in New Delhi. Subramanian, who is part...

Secrets of the North Korean model and the need for modern-day resurrections

The best cartoons of the day, chosen by the editors at ThePrint.

From $3 trillion to $10 trillion: In 2020 decade, govt must undo past, get out of way

Barring a lucky break here or a forced hand there, India’s economic policymakers have cheated their constituents over the past seven decades.

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.