Indian economy

World passing through a polycrisis, India in stable economic situation with good growth momentum: CEA V Anantha Nageswaran

CEA Nageswaran said privatisation has come back into the lexicon of policymakers after 20 years.

Nov 07, 2022, 21:10 PM IST

DNA: How Indian economy will benefit from digital currency?

Now you will be able to do transaction in a currency which you can neither touch nor it will get spoiled and you will be able to keep it for many years. Today, digital currency has been started as a pilot project in the country. In DNA we will tell you how digital currency is going to change the economy of the country.

Nov 01, 2022, 23:30 PM IST

Foreign trade to be a defining feature in making India a USD 30 trillion economy: Piyush Goyal

The Commerce Minister pointed out that the Indian economy grew 11.8 times in dollar terms in the last 30 years to USD 3.5 trillion today, from less than USD 300 billion. 

Oct 28, 2022, 15:21 PM IST

Finance Minister Nirmala Sitharaman says India's growth resilient despite exogenous threats

FM Sitharaman made these observations while attending the 7th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB), via video conferencing.

Oct 27, 2022, 10:14 AM IST

Taal Thok Ke: Why CM Kejriwal urges for Lakshmi and Ganesh's photo on currency notes?

Political uproar is increasing over Arvind Kejriwal's statement. Delhi CM says that there should be a photo of Lakshmi-Ganesh ji along with the picture of Gandhi ji on the Indian currency. Now BJP's Sambit Patra has hit back at the Aam Aadmi Party regarding this. He has said that Kejriwal is pretending and God will not forgive him.

Oct 26, 2022, 20:30 PM IST

We want to see India become an economy of over 30 trillion dollars by 2047: Piyush Goyal

Piyush Goyal was inaugurating stalls of the Union government schemes as part of the public outreach at the Madipakkam bus stand in Chennai. 

Oct 17, 2022, 07:44 AM IST

How hike in Dearness Allowance, Productivity-Linked Bonus is keeping Indian economy chugging

Sales of products such as TV, home appliances, FMCG food and non-food, apparel etc from offline and e-commerce channels have recorded almost 8-10 per cent volume growth over the last year's festive season.

Oct 16, 2022, 16:39 PM IST

'ED is completely independent': FM Nirmala Sitharaman denies misuse of agency as political weapon

Sitharaman also talked about how India plans to navigate G20 challenges due to geopolitical tensions.

Oct 16, 2022, 06:57 AM IST

Indian economy to grow at 7 percent in 2022-23 despite global headwinds: Sitharaman

The Finance Minister emphasised the initiatives the Indian Government has taken to protect growth while pursuing inflation management.

Oct 15, 2022, 22:12 PM IST

'Full page ad war' against PM Modi in Wall Street Journal: Twitteratis slam 'Hindu haters', 'divisive forces'

A full-page ad has been published in Wall Street Journal against Prime Minister Narendra Modi, his ministers and key officials.

Oct 15, 2022, 10:30 AM IST

Spanish newspaper gets brutally trolled for snake charmer to demonstrate India's economic development

The article has received a number of comments. Although some users of the microblogging site agreed with Kamath's viewpoint, other users talked about how snake charmers are a representation of India's mystique.

Oct 14, 2022, 20:51 PM IST

'An Insult': Spanish daily slammed for using snake charmer to portray India's economic growth story

Spain is currently the world's 15th largest economy with a GDP of around $2 trillion while India is currently the world's fifth largest economy with a GDP of around $3.5 trillion.

Oct 14, 2022, 11:47 AM IST

'India has emerged as 'a bright light' at a time when the world is facing imminent prospects of a recession': IMF Chief

In its World Economic Outlook on Tuesday, the IMF projected a growth rate of 6.8 per cent in 2022 as compared to 8.7 per cent in 2021 for India.

Oct 13, 2022, 16:07 PM IST

IMF cuts India's economic growth forecast to 6.8 pc in 2022, says 'global economy continues to face steep challenges'

Global growth is forecast to slow from 6.0 per cent in 2021 to 3.2 per cent in 2022 and 2.7 per cent in 2023. This is the weakest growth profile since 2001, except for the global financial crisis and the acute phase of the COVID-19 pandemic.

Oct 11, 2022, 20:07 PM IST

World Bank cuts India's GDP growth forecast to 6.5% for current fiscal year

The Reserve Bank of India (RBI) had also cut the economic growth projection for 2022-23 from 7.2 per cent to 7 per cent, citing tightening of rates by US Federal Reserve and the prevailing geopolitical scenario.

Oct 07, 2022, 10:45 AM IST

86% global CEOs expect a recession next year: Survey

These leaders were asked about their strategies and outlook during the survey. Over the next year, more than 8 out of 10 (86 per cent) global CEOs anticipate a recession to hit, with 71 per cent predicting it will impact company earnings by up to 10 per cent, said the survey.

Oct 05, 2022, 15:46 PM IST

'It's not India's decade, it's India's century': Union Minister Piyush Goyal belives India will be the pillar of global economic revival

Goyal stressed on the promotion of micro, small and medium enterprises by strengthening the local supply network as the sector is a job creator and a major contributor to the economy.

Sep 30, 2022, 09:18 AM IST

FM Nirmala Sitharaman hopes for double digit GDP growth and zero recession in India

Recent figures released by the Centre indicated that the nation clocked 13.5 per cent growth in GDP in the first quarter of the current financial year.

Sep 04, 2022, 08:16 AM IST

India’s inflation will go downward in future, says RBI governor Shaktikanta Das

Das, on the other hand, refused to comment on initiatives that might be announced following the upcoming policy meeting.

Sep 03, 2022, 11:15 AM IST

Indian economy can touch $20 trillion by 2047: Bibek Debroy

Releasing 'The Competitiveness Roadmap for India@100', Debroy also said the country's annual per capita income will be over USD 10,000 if the country grows at an average economic growth rate of 7-7.5 per cent in the next 25 years.

Aug 30, 2022, 14:13 PM IST