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March 29, 2023 02:21 PM IST India’s economy is entering a slow lane as multiple economic indicators suggest activity is levelling off after recovering from its pandemic low.
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March 28, 2023 05:14 PM IST Power and roads show maximum promise; a doubling in the share of private sector investment in infrastructure by fiscal 2027 would put India’s GDP on a higher trajectory
- March 28, 2023 01:12 PM IST
Addressing the annual session of Assocham, Amit Shah said, without the development of the country's infrastructure and reduction of logistics costs, development was not possible.
- March 27, 2023 02:37 PM IST
Only 40 percent of rural economy is agriculture, and services and manufacturing account for a substantial chunk of rural incomes.
- March 27, 2023 07:27 AM IST
A round-up of all the top stories from newspapers to get you started for the day.
- March 24, 2023 09:03 AM IST
The median forecast of 22 economists polled March 16-23 showed a current account deficit of $23.0 billion in October-December 2022, or 2.7% of gross domestic product (GDP). Forecasts ranged from $15.0-$28.0 billion, or 2.0%-3.2% of GDP.
- March 16, 2023 05:52 PM IST
The Economic Survey presented in the Vidhan Sabha by Chief Minister Sukhvinder Sukhu on Thursday pegged the GDP at constant prices (2011-12) in Financial Year 2022-23 at Rs 1,34,576 crore against a provisional GDP estimate of Rs 1,26,433 crore for 2021-22.
- March 14, 2023 09:20 AM IST
Consumer Price Index (CPI) inflation decreased from 6.5% in January to 6.4% year-on-year in February. Like the headline inflation rate, food inflation also cooled a bit in February to 5.95 percent from 6 percent in the previous month
- March 13, 2023 10:50 AM IST
Li Qiang, the long-term aide of Chinese President Xi Jinping who succeeded Li Keqiang, in his first press conference, drew on Chinese folklore to demonstrate the country's resilience in the face of difficulties but concedes the economy faces challenges.
- March 09, 2023 10:13 AM IST
The current consumption demand is not broad-based but skewed towards goods and services consumed largely by households falling in the upper-income bracket. Thus, sustaining the recovery of consumption demand has become a challenge
- March 08, 2023 08:24 AM IST
The government data released last week showed India's gross domestic product (GDP) growth slowed to a three quarter low of 4.4 per cent in October-December,2022, mainly due to contraction in manufacturing and low private consumption expenditure.
- March 07, 2023 08:29 AM IST
Lower-income groups tend to have a high propensity to consume, while higher-income groups are more likely to save or invest in assets. This means a rise in income among lower income groups has a higher chance of boosting consumption in the economy than the increase in income for higher income groups
- March 06, 2023 09:07 AM IST
The current trickle-down economics is not working for the masses of the population. We need to transform workers into consumers to broaden the market
- March 02, 2023 02:45 PM IST
Data released earlier this week showed India's GDP growth rate fell to 4.4 percent in October-December
- March 01, 2023 02:22 PM IST
In today’s edition of Moneycontrol Pro Panorama: China’s play in Middle East discomforts Iran, workers in informal sector rising, lessons for businesses from Ukraine conflict, shipping containers have a story to tell, and more
- March 01, 2023 12:40 PM IST
For FY24, we estimate GDP growth at 6.0 percent amidst a slowing global economy, an anticipated moderation in urban leveraged consumption and a cutback in real revenue spending by the central government
- March 01, 2023 12:25 PM IST
India's GDP grew 4.4% in October-December, down from 6.3% in July-September, and below the 4.6% forecast in a Reuters poll.
- March 01, 2023 11:24 AM IST
The Statistics Ministry's estimate for GDP growth in the last quarter of 2022 is slightly lower than what was expected. But the bad news does not stop there. Economists say the 5.1 percent growth implied by the government for the fourth quarter is highly unlikely
- March 01, 2023 09:25 AM IST
GDP growth relative to the pre-COVID level firmed up quite considerably to 11.6 percent in Q3 FY2023 from 9.4 percent in Q2 FY2023. We are taking this as a signal of an improvement in the underlying momentum of growth, which nevertheless remains quite uneven
- March 01, 2023 09:08 AM IST
The outlook for private consumption remains relatively sombre as pent-up demand has been met this fiscal year with a complete recovery from the pandemic
- February 28, 2023 09:24 PM IST
As per data released on February 28, the manufacturing sector contracted by 1.1 percent in October-December
- March 01, 2023 06:21 AM IST
The Indian economy's growth rate was 6.3 percent in July-September
- February 28, 2023 10:26 AM IST
The ministry will also release the revised estimate of economic growth for 2021-22 which was estimated at 8.7 per cent in May last year.
- February 28, 2023 07:36 AM IST
The NSO is set to announce the Q3 or October-December GDP estimate. According to a CNBC TV18 poll, the economy is expected to have grown by 4.7%. The RBI estimated the Q3 GDP growth at 4.4%. But considering that the growth in Q3 last year was 5.4% and growth a quarter ago was 6.3%, why are economists saying that if the GDP grew 4.7% YoY it’s actually a good showing? Latha Venkatesh explains
- February 26, 2023 02:40 PM IST
The government and planners see the economy becoming the third largest in the world by FY29, overtaking Japan, with a GDP of USD 7 trillion from the present USD 3.3 trillion.
