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Latest Articles in economic growth

Rising Market Is A 'False Positive', And Not A Proxy For Tech Economy.

In an uncertain economic backdrop, despairing outlook, and several sluggish indicators (revival green shoots notwithstanding), the stock markets are near all-time high.

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Quality 24X7 Power Supply Key For Accelerated Economic Growth: R K Singh

Transmission network has been expanded to connect the whole country into one integrated grid with inter-regional transfer capacity of over 1 lakh MW

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Retail Inflation For Industrial Workers Rises To 5.57 % In June

The maximum upward pressure in current index came from food & beverages group contributing 0.72 percentage points to the total change.

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The Rise Of Online Payment Gateways

Cashless transaction method users across various generations are widely adopting the digital peer-to-peer (P2P) apps as they are more appealing and flexible to use.

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Positive Investor Sentiment And Business Growth Key To Economic Revival And Sustainability

Investor sentiment in the country and the ability of the corporate sector to take calculated investment risks will ultimately prove to be determinant factors in steering the economy on a revival trajectory.

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Should You Invest Into Gold Right Now?

The yellow metal witnessed a stellar rally amidst the throes of COVID last year, briefly crossing Rs. 55,000 per 10 Grams before retracing to sub-44K levels earlier this year amidst a better-than-expected economic recovery.

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Answer To Crisis Is To Put Money On Hands Of People: Chidambaram On Govt Package

Demand will not grow in an economy where jobs have been lost and incomes or wages have been reduced, Chidambaram argued

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Indian Economy May Grow 8.4-10.1 % In Current Financial Year: NCAER

High-frequency indicators show a sharp decline in economic activity during April and May 2021, the peak of the second COVID-19 wave, though there are some indicators of recovery in June as unlocking proceeds

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Indian-American Sumita Mitra Wins European Inventor Award 2021

The European Inventor Award was launched by the EPO in 2006, it honours individual inventors and teams of inventors whose pioneering inventions provide answers to some of the biggest challenges of our times.

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CII Pitches For Rs 3 Lakh Cr Fiscal Stimulus To Push Economic Growth

The new president said suitable fiscal measures to alleviate the stress of people impacted by the second wave of COVID-19 are the need of the hour.

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That Illusive Double Digit Growth-What Will Drive The Indian Economy

As India fends for resources to fight a virus and keep the economy on an even keel, it also looks beyond the pandemic and the targeted $5 trillion GDP. Are the country’s strategies and policy framework on track? BW Businessworld’s Manish Kumar Jha speaks to economists across the political divide for a realistic assessment of the state of the economy

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We Are In Phase Of Creeping Protectionism And MGNREGA Is Still The Best Bet In Rural Areas: Nobel Laureate Abhijit Banerjee

Abhijit V. Banerjee, Professor of Economics at Massachusetts Institute of Technology, received the 2019 Nobel Prize for Economic Sciences. How well his ideas fit into India’s economic growth amid the volcanic challenges are debated in his book--Good Economics for Hard Times-- which he co-authored with Esther Duflo. He touches upon more politically contentious issues like trade, inequality and the universal basic income for those who are left out of the economic growth story. In a free-wheeling conversation with Manish Kumar Jha of BW Businessworld, Prof. Banerjee comments on India’s healthcare, the privatization, fiscal support, and the complex matrix of Direct Benefit Transfer Scheme. He asserts that the Indian economy could be competitive should “we open ourselves to trade”. Excerpts:

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Markets Retreat From Record Highs As RBI Trims Growth Forecast; Banks, RIL Top Drags

World equities stayed on the backfoot, in line with Wall Street, as investors fretted over higher inflation and its impact on the Federal Reserve's accommodative stance.

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Policy Imperatives For Strengthening The NBFC sector – key To India’s Economic Revival

Practical and easy to implement, albeit somewhat bold, steps like the above are needed to stave off a crisis brewing in the NBFC sector and pave the way for an orderly growth of the MSME sector as well as the infrastructure sector.

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No Immediate Plans To Raise Capital: SBI Chairman

Borrowers can get home loans starting from 6.70 per cent for loans up to Rs 30 lakh and 6.95 per cent for loans above Rs 30 lakh to Rs 75 lakh.

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