INDIAN ECONOMy

India can become an upper middle-income country by 2047 if it manages a sustained growth rate of 7-7.5% for the next 25 years, Economic Advisory Council to Prime Minister (EAC-PM) chairman Bibek Debroy said Tuesday. The country can…

States' borrowing cost fell for the second consecutive week on Monday, with the weighted average cut-off easing by 4 bps to 7.67 per cent from 7.71 per cent in the last auction when it slid by 7 bps. The yield on the benchmark 10-year…

India will grow at around 7.4 per cent in 2022-23 and continue at the same pace in the next year as well, Union Finance Minister Nirmala Sitharaman said on Friday. Sitharaman said there are risks on the external front and this is not the…

LUCKNOW: Defence minister Rajnath Singh Friday asserted India is "no more a weak" country, and its reputation and credibility has increased rapidly at the global level. Singh, who is on a three-day visit to Uttar Pradesh's capital city,…

Some of the South Asian economies need urgent access to multilateral support to improve their external liquidity and financing conditions, Reserve Bank of India deputy governor Michael D Patra said. Countries such as Pakistan and Sri…

It's not time yet to throw caution out of the window on the economy front, Finance minister Nirmala Sitharaman said at the FE Best Banks Awards event in Mumbai. The cautious stand will continue because external factors are still showing…

MUMBAI: Union finance minister Nirmala Sitharamanon Friday said the Indian economy will grow at 7.4 per cent in this fiscal and continue at the same level in the next fiscal as well. "Our own estimates have also shown based on the…

Indian companies and banks are expected to feel the bite of high inflation and rising interest rates, but rated issuers are generally better cushioned to withstand, said S&P Global Ratings in a report. The report do not expect any…

Indian economy likely grew 15.1% in Q1 of FY23 aided by a favourable base and revival in services as all Covid restrictions were removed. Kirtika Suneja reports on expert estimates ahead of the April-June quarter national income…

The Economic Advisory Council to Prime Minister (EAC-PM) will release the Competitiveness Roadmap for India@100 on August 30. It is to be released in the presence of Council Chairman Bibek Debroy, G-20 Sherpa Amitabh Kant, and Council…