GDP

India will emerge as a $30-trillion economy in the next 30 years, commerce and industry minister Piyush Goyal said on Sunday, highlighting that the country remains the world’s fastest-growing major economy. Based on a (conservative)…

The Indian economy can grow by 7-7.8 per cent this fiscal on the back of better agriculture production and a revitalised rural economy amid global headwinds mainly due to the ongoing Russia-Ukraine war, eminent economists said. Eminent…

MUMBAI: The current account deficit(CAD) for the fourth quarter of FY22 came in at $13.4 billion, which works out to 1.5% of the GDP, lesser than expected by the market. On a sequential basis, the CAD declined from $22.2 billion, or…

India's current account deficit (CAD) for the quarter ended March 22 was sequentially narrowed to 1.5 per cent of GDP as remittances from overseas Indians as well as software exports surged and the outflow from dividend and interest…

India's g-sec yield curve is indicating improvement in longer term economic growth prospects, said an RBI article published in its monthly bulletin. Deputy governor Michael Patra is one of the authors of the article. The article noted…

India’s investment in the Research and Development (R&D) segment lags behind advanced economies substantially despite its increasing impact on the manufacturing sector. Unfortunately, India has been slow to start stepping up its…

Emerging market economies, including India, need to keep foreign exchange reserves liquid after building a substantial buffer as in extreme cases like the global financial crisis or Covid outbreak there could be an outflow of as much as…

India would emerge as a $5-trillion economy by FY27 and a $10-trillion one by FY34, chief economic adviser (CEA) V Anantha Nageswaran said on Tuesday. “We are now at $3.3 trillion, it is not such a difficult target to reach. Then if…

India’s latest GDP data says that the post-pandemic recovery is losing steam, with growth falling over three consecutive quarters in FY22. Weak consumption recovery means it will not be easy for companies to freely pass on cost increases…

Anti-government demonstration near the president's office in Colombo on April 18, 2022. SynopsisIll-planned tax cuts and decisions such as adopting organic farming without a contingency plan, coupled with the impact of the pandemic has…