Indian economic growth to slow to 7% in 2022/23, govt predicts
India's economy rebounded after COVID-19 restrictions were eased around mid-2022, but the war in Ukraine has spurred inflationary pressures, prompting the central bank to reverse the ultra-loose monetary policy it adopted during the pandemic.
Jan 07, 2023, 07:47 AM IST
Moody's upgrades outlook on India to stable from negative; maintains Baa3 rating
Moody's said India's decision to keep the financial institutions flush with liquidity also reduced the risk to the country from the financial sector.
Oct 05, 2021, 20:59 PM IST
India's budget likely to raise spending to revive economic growth
India is facing its worst economic slowdown in a decade. Growth slipped to 4.5% in the July-September quarter, worsening the job prospects for millions of youth entering the workforce each year.
Indian GDP to grow 7.9% this fiscal, agriculture at 4%: Crisil
With agriculture income growth "at an above-trend 4 per cent", India`s real gross domestic product (GDP) is expected to grow this fiscal at 7.9 per cent, while annual retail inflation would remain contained at 5 per cent, Indian rating agency Crisil said on Sunday.
Oct 02, 2016, 22:39 PM IST
Steady economic growth fails to revive job market: Report
Notwithstanding the Indian economy's steady growth, sectors such as telecom, engineering and electronics have witnessed a decline in employment rate over the last four years, says a report.
May 01, 2016, 17:41 PM IST
India can save $50 billion if logistics costs are brought down to 9% of GDP: Study
India can save up to USD 50 billion if logistics costs are brought down from 14 percent to nine per cent of country`s gross domestic product (GDP) thereby making domestic goods more competitive in global markets, an ASSOCHAM-Resurgent India joint study said on Saturday.
Apr 30, 2016, 18:00 PM IST
