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Latest Articles in indian economy
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.
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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.
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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.
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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
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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.
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Moody’s Latest Report Provides Encouragement
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.
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India Inc’s Credit Profile Shows Strong Improvement In H1 FY22: Rating Agencies
India Ratings and Research upgraded the ratings of 150 issuers while downgrading ratings of only 49 issuers during this period.
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Rupee Pares Initial Losses To Close 11 Paise Up At 74.12 Against USD
The BSE Sensex ended 360.78 points or 0.61 percent lower at 58,765.58, while the broader NSE Nifty declined 86.10 points or 0.49 percent to close at 17,532.05.
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Expect More Than 7% Growth For India This Decade: CEA
Growth will be aided by various structural reforms, including labour and farm laws, undertaken by the government, he said while addressing a virtual event organised by the US-India Strategic Partnership Forum (USISPF)
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Forex Reserves Down By USD 1.47 Billion To USD 639.64 Billion
The foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.
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Finmin To Pitch For Rating Upgrade In Meeting With Moody's Next Week
The Indian economy contracted 7.3 percent in the 2020-21 fiscal but is expected to clock double-digit growth during the current fiscal ending March 2022 on the back of rapid vaccination and demand coming back across sectors.
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Indian Economy Has Bottomed Out; Formal Sector May Get Back To Pre-Covid Level By This Year-End: Montek
The Indian economy grew by a record 20.1 per cent in the April-June quarter, helped by a very weak base of last year and a sharp rebound in the manufacturing and services sectors in spite of a devastating second wave of COVID-19 case.
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The Average Indian family’s income Gone Down; That is The Real economic Indicator: Praveen Chakravarty, Data Analytics Chairman, Congress
Praveen Chakravarty, chairman of Congress' data analytics department, speaks with BW Businessworld on the range of issues that impact Indian economy. He talks about the real yardstick of measuring economic well being which is more about the falling average income and so the distress among the average Indian. He speaks on the untimely monetization of the critical asset and talks about the lack of sound macroeconomic policy for the emerging India. On the welfare, he sights the MGNREGA--and without such scheme, country would have faced riot- like situation.
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FDI Key To India's Aspiration To Be A USD 5 Trillion Economy, Says Deloitte CEO
The CEO of the top multinational professional services network said, "FDI, I believe, is the key to India''s aspiration to be a USD 5 trillion economy and I think that is eminently doable. I am certainly a very big proponent of India and what can be accomplished."
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Inflation In India Likely To Ease Only Gradually: RBI Deputy Governor
The Indian economy is emerging from the second wave in a more resilient manner as compared with the first, Patra said, adding that recovery was more broad-based around manufacturing as a pivot, though output is still below pre-pandemic levels.
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