indian economy - Latest News, Analysis, Opinion

From mid-August 2021, the daily new COVID-19 cases exhibited a declining trend with a recovery rate of 98.6% and fatality rate of just 1.35% of the total cases.

Indian Economy To Grow At Double-digits This Fiscal: CEA Subramanian

The CEA said that he does not expect commodity inflation will taper the V-shaped recovery going forward.

Growth To Exceed 10% In FY22 On Strong Agri Recovery, Says Niti VC

The Niti Aayog Vice-Chairman also noted that the rapid vaccination drive across the country will ensure that the risk of future wave is minimised.

Economy’s Inflection Point

Minhaz Merchant

India has lost a year’s growth due to the Covid-19 pandemic. But with reforms like the Gati Shakti masterplan to coalesce and boost projects under the $1.5 trillion National Infrastructure Pipeline and a turbocharged PLI scheme to make India an export hub, the country could make up for lost time faster than anyone could have rationally expected a year go.

Poor Food Security, Hunger Crisis Direct Threat To Indian Economy

Abhishek Sharma

Economy

India's position in 2020 was not good, however, this time it slipped to 101 from 94th and is behind its neighbours Pakistan, Bangladesh, and Nepal.

Indian NPAs To Rise Again: CRISIL

Banking & Finance

According to the rating agency, the NPA rise will be led by retail clients and MSMEs. The RBI, last year, allowed banks a one-time restructuring facility to avert the mounting bad loans.

India Has Faced Covid Crisis With Resilience And Fortitude: Nirmala Sitharaman

The broad-based and swift recovery of both the demand and supply-side components reaffirms India’s resilient recovery and strong macroeconomic fundamentals.

Indian Economy Is Recovering From Covid-19 Crisis: World Bank President

The Indian economy is recovering, and we welcome that. It's going through to the other side of the COVID of the, the latest wave.

Important For India To Focus On Green Investment Post-Pandemic: IMF

“In terms of more recent reforms, one that I would like to highlight is the National Asset Reconstruction Company, the so‑called bad bank.

USIBC Meets FM Sitharaman; Praises India''s Reform Trajectory

Business leaders thanked the minister in laying down the vision for future growth and congratulated the Indian Government in steering the economy during the COVID19 pandemic

Finance Minister Sitharaman Discusses Investment Opportunities, Reforms In India With Corporate Leaders In US

Expressing their confidence in the Indian economy and the ongoing reforms, the corporate leaders said that they were upbeat about investing in the country.

Moody’s Latest Report Provides Encouragement

Raghav Aggarwal

The global rating agency changed the Indian economy’s ratings from ‘negative’ to ‘stable’. Higher capital cushions and greater liquidity helped banks and NBFCs to decrease the risk.

India Inc’s Credit Profile Shows Strong Improvement In H1 FY22: Rating Agencies

Economy

India Ratings and Research upgraded the ratings of 150 issuers while downgrading ratings of only 49 issuers during this period.

Rupee Pares Initial Losses To Close 11 Paise Up At 74.12 Against USD