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Saturday, May 4, 2024
TopicIndian Economy

Topic: Indian Economy

India’s FY24 growth to slow to 6.3%, says World Bank, cites US-Europe banking crisis among reasons

World Bank’s India Development Update does, however, say that inflation will ease, and that strong services exports will mitigate some external factors expected to slow growth.

Raghuram Rajan’s remark on Hindu rate of growth is outdated. He is living in the past

Raghuram Rajan's statement on the Hindu rate of growth is based on one—just one—quarter of GDP growth rate of 4.4 percent.

Once a Surat diamond heiress, this 9-yr-old is now a Jain nun living in a ‘bubble-like sansaar’

A selection of the best news reports, analysis and opinions published by ThePrint this week.

GDP data shows how well Nirmala Sitharaman handled pandemic economy. Critics judged too soon

The impact of pandemic meant that the revisions made to the data for 2020-21 and 2021-22, in particular, are even more significant than usual.

Indian economy growing faster than China’s. But if you look at big picture, neither’s winning yet

When one tries to gauge which really is the fastest-growing large economy, story line can change based on period chosen for study. So one should be cautious about projections for future.

Unpaid domestic work of women amounts to 7.5% of GDP, latest SBI report says

Women on average spend about 7.2 hours a day on housework, and, because they are not part of the formal workforce, neither economic quantification nor policy takes them into account.

India’s GDP still expected to grow 7% in 2022-23, but Q3 growth slows down to 4.4%

Manufacturing sector a major disappointment as it contracted 1.1% in Q3. Services such as tourism, transport & communications saw strong growth in this quarter.

Is WFH solution to India’s low female labour participation? Not really, says economist

New Delhi: Could remote working be the solution to one of India’s most persistent problems — its abysmally low female workforce participation? The question,...

Economic Survey predicts India’s GDP growth will slow down to 6-6.8%

The government's annual Economic Survey report said its baseline scenario for growth for 2023/24 was 6.5%, with nominal growth, which accounts for inflation, forecast at 11%.

IMF projects Indian economy to grow 6.1% in 2023, global growth to dip to 2.9%

The International Monetary Fund Tuesday said the 2022 estimate & 2023 forecast are both higher by 0.2 percentage point, reflecting greater-than-expected resilience in numerous economies.

On Camera

Prajwal Revanna case shows why and how sexual crimes by men in politics can go unchecked for years

It would be a disservice to the women of Hassan to look at Prajwal Revanna’s alleged abuse of power as a ‘sex scandal’. Allegations against him show what ‘absolute power corrupts absolutely’ actually means.

Air India reduces baggage allowance by 5-15 kg, bringing it in line with rest of industry

Air India’s new policy, effective from 2 May, introduces new weight limits for tickets in each of the different 'fare families' — Comfort, Comfort Plus, and Flex.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.