india gdp

As worries of recession pick up across the world in an inflationary environment, analysts at Nomura have cut India's 2023 growth forecast to 4.7% from 5.4% earlier as it expects growth to slow down over the next year. "Higher inflation,…

The production-linked incentives (PLI) scheme, which seeks to boost manufacturing in key areas by offering nearly Rs 2.4 lakh crore in incentives over the next five years, can add 4 per cent to the GDP annually in terms of incremental…

Innovation has been embedded in the development of humankind since its inception. It has helped guide a new world order rooted in scientific and technological excellence and paved the way for the kind of discoveries believed to be…

The Finance Ministry in its Monthly Economic Review for the month of May has said that while the rest of the world is looking at a distinct possibility of widespread stagflation, the risk of India facing one is low, owing to its prudent…

India’s fiscal and monetary sides currently have ‘spaces’ to be able to absorb a lot of shocks, and the country can easily allow its large foreign exchange reserves to ‘burn’ if necessary in order to cushion the system amid ‘global…