Lower inflation, increase in per capita income, revenue: Delhi Economic Survey
9 months, 3 weeks ago

Lower inflation, increase in per capita income, revenue: Delhi Economic Survey

Hindustan Times  

Finance minister Atishi on Friday cited a 22% increase in per capita income, the fastest Gross State Domestic Product growth, an 18% rise in tax collection, lower inflation and unemployment rates and said Delhi’s economy has increased at a record pace as she presented this year’s Economic Survey in the assembly. “GSDP of Delhi at current prices during 2023-24 is likely to reach ₹11,07,746 crore at a growth of 9.17% over 2022-23.” Atishi said GSDP was 10,14,000 crore in 2022-23. “Officers were threatened not to work for the Delhi government.” She referred to the data from the survey, which is presented before the annual budget and is an annual report on the economic performance and the government’s achievements, and said it shows the economy grew at a record pace over the last year. “I want to tell the Centre and its LG that despite all their efforts, the development of the people of Delhi will not stop until Arvind Kejriwal is the chief minister.” Atishi said Delhi recorded a revenue surplus of 3,270 crore in 2021-22 which increased to 14,457 crore in 2022-23.

Economic Survey Increase Atishi Added Revenue Delhi  202223  capita  added  inflation  delhis  lower  increase  economic  income  atishi  increased  survey  revenue  delhi

History of this topic

Will India's economic growth pick up pace? Nirmala Sitharaman answers
6 days, 17 hours ago

Will India's economic growth pick up pace? Nirmala Sitharaman answers

India Today  

Finance Minister Nirmala Sitharaman on Tuesday said that India’s economy will see healthy growth in the coming quarters despite the lower-than-expected GDP numbers for the second quarter. India’s GDP growth for the July-September quarter fell sharply to 5.4% from 6.7% in the previous quarter, marking an 18-month low, as per data released by the National Statistics Office in November. However, …

Corporates in India see 4x profit but keep salaries stagnant: Report
1 week, 4 days ago

Corporates in India see 4x profit but keep salaries stagnant: Report

India Today  

Corporate profits have grown four times in the last four years, but real wages haven't grown, according to a report. This comes even as India's economic growth, measured in terms of GDP, dipped to 5.4% in the September quarter. A report in The Indian Express on Thursday highlighted how wages saw negative growth even as India Inc's profits grew. The …

ADB lowers growth projections for India to 6.5% in FY25, 7% in FY26
1 week, 5 days ago

ADB lowers growth projections for India to 6.5% in FY25, 7% in FY26

Deccan Chronicle  

The Asian Development Bank has lowered India’s GDP growth projections for FY25 to 6.5 per cent from 7 per cent estimated in September as well as the projection for FY26 to 7 per cent from 7.2 per cent predicted earlier owing to tighter prudential norms and lower than expected industrial growth in Q2. Inflation estimates for the current fiscal has …

India’s GDP growth shocker: Bad news can be good too
2 weeks, 5 days ago

India’s GDP growth shocker: Bad news can be good too

Live Mint  

India’s growth in gross domestic product of 5.4% in the three months ended 30 September, or the second quarter of 2024-25, was a shocker. It’s the lowest level seen since the third quarter of 2022-23 and a sharp drop from 8.1% growth in the same period last year and also from 6.7% in the first quarter of 2024-25. Given the …

Congress criticises PM with 'voodoo economics' jibe over slowing GDP growth
2 weeks, 6 days ago

Congress criticises PM with 'voodoo economics' jibe over slowing GDP growth

India Today  

Congress on Tuesday took a dig at the central government over the GDP growth slowing to a near two-year low and said that Prime Minister Narendra Modi's "voodoo economic policies" put India in the middle of a vicious economic cycle of low growth, no jobs, low income and high prices. "Thanks to Narendra Modi and his voodoo economic policies, India …

India to contribute 20 pc of global workforce growth between 2023-2050, China share to decline: Report
1 month ago

India to contribute 20 pc of global workforce growth between 2023-2050, China share to decline: Report

Live Mint  

New Delhi, : India is set to play a pivotal role in global workforce growth, contributing 20 per cent of it between 2023 and 2050, according to a report by Angel One Wealth. It said "By 2030 high-income households are expected to triple, while middle-income households will nearly double making India the fastest-growing nation in terms of per capita income". …

India to contribute 20 pc of global workforce growth between 2023-50, China share to decline: Report
1 month ago

India to contribute 20 pc of global workforce growth between 2023-50, China share to decline: Report

New Indian Express  

NEW DELHI: India is set to play a pivotal role in global workforce growth, contributing 20 per cent of it between 2023 and 2050, according to a report by Angel One Wealth. It said, "By 2030 high-income households are expected to triple, while middle-income households will nearly double making India the fastest-growing nation in terms of per capita income". The …

India’s Industrial Output Grows 3.1 Percent in September Amid Rising Inflation
1 month, 1 week ago

India’s Industrial Output Grows 3.1 Percent in September Amid Rising Inflation

Deccan Chronicle  

NEW DELHI: India’s industrial production witnessed a significant expansion by 3.1 per cent in September from a negative territory in August 2024 at 0.1 per cent, mainly due to improvement in the manufacturing sector. While headline retail inflation rose to 14-month high of 6.21 per cent in October from 5.49 per cent in the preceding month mainly due to higher …

'Double engine' of private investment, mass consumption derailed under Modi government: Congress
1 month, 1 week ago

'Double engine' of private investment, mass consumption derailed under Modi government: Congress

New Indian Express  

Congress general secretary in-charge communications Jairam Ramesh urged the government to accept what the Congress has been proposing - raising MGNREGA wages to a minimum of Rs.400 per day, guaranteeing MSP and a loan waiver for farmers, and a monthly income support scheme for women - to kickstart income growth in rural India. Last week, several CEOs from India Inc …

Tamil Nadu's Economic Growth Outpaces National Average in 2023-24
2 months ago

Tamil Nadu's Economic Growth Outpaces National Average in 2023-24

The Hindu  

Tamil Nadu's Gross State Domestic Product (GSDP) grew 8.23% in 2023-24, ranking second in GSDP at current prices, only behind Maharashtra. The State's per capita income was estimated at ₹1,79,732 in 2023-24, indicating a significant improvement in the State's overall economic performance compared to earlier years.

Income Tax Department Sees Doubled Number of Income Taxpayers in 10 Years
2 months ago

Income Tax Department Sees Doubled Number of Income Taxpayers in 10 Years

New Indian Express  

The number of income taxpayers has doubled in the past 10 years, with direct tax collection tripling during the same period. Tax buoyancy has shown a sharp improvement, indicating that the growth in tax collection was more than double the nominal GDP growth rate. This is a positive sign for the Indian economy, as it suggests that the country is …

India's Retail Inflation at 3.65 Percent in August; Industrial Output Grows by 4.8 Percent in July
3 months, 1 week ago

India's Retail Inflation at 3.65 Percent in August; Industrial Output Grows by 4.8 Percent in July

Deccan Chronicle  

New Delhi: India’s headline retail inflation for the month of August 2024 stood at 3.65 per cent as compared to 3.6 per cent in July, while it was 6.83 per cent a year ago. India’s industrial output growth also recorded a growth of 4.8 per cent in July 2024, two separate government data showed on Thursday. Meanwhile, India’s industrial production …

India growth slows to 6.7% on lower consumer spending
3 months, 3 weeks ago

India growth slows to 6.7% on lower consumer spending

Hindustan Times  

India's economic growth slowed to 6.7 percent on-year in the April-June quarter, official data showed Friday, as lower government outlays and lacklustre consumer spending weighed on the world's fifth-largest economy. India growth slows to 6.7% on lower consumer spending Friday's reading still places the world's most populous country among the fastest-growing major economies globally. Year-on-year gross domestic product grew at …

India's GDP grows by 6.7 percent in Q1: Govt report
3 months, 3 weeks ago

India's GDP grows by 6.7 percent in Q1: Govt report

Hindustan Times  

India's gross domestic product slowed to a five-quarter low of 6.7 per cent in April-June this fiscal against 8.2 per cent in the year-ago period, mainly due to poor showing by the farm sector, according to government data. India's GDP grows by 6.7 percent in Q1: Govt report India remains the fastest-growing major economy, as China's GDP growth in the …

India's GDP growth moderates to 6.7% in Q1 2024-25, lowest growth in five consecutive quarters
3 months, 3 weeks ago

India's GDP growth moderates to 6.7% in Q1 2024-25, lowest growth in five consecutive quarters

Hindustan Times  

India's Gross Domestic Product moderated to 6.7% during the first quarter of the financial year 2024-25, compared to the 8.2% growth seen in the same quarter of the previous year, according to the data released by the Ministry of Statistics and Programme Implementation on Friday, August 30, 2024. India's GDP moderates to 6.7% in Q1 2024-25 {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} …

‘Further reforms needed for India to reach developed country status by 2047’
4 months, 3 weeks ago

‘Further reforms needed for India to reach developed country status by 2047’

The Hindu  

Member of Fourteenth Finance Commission M. Govinda Rao has said that to achieve the status of a developed country by 2047, India has to increase its per capita income from the current $2,600 to $14,205. Delivering the Dr. D.C. Pavate Foundation Memorial Lecture at Karnatak University in Dharwad on Friday, Prof. Rao said that to achieve this goal, the country …

NITI Aayog Envisions India as $30 Trillion Economy by 2047
4 months, 3 weeks ago

NITI Aayog Envisions India as $30 Trillion Economy by 2047

Deccan Chronicle  

New Delhi: India's policy think-tank NITI Aayog said that the country needs to strive to be a $30 trillion economy — almost nine times from today's $3.36 trillion, with a per capita income of $18,000 per annum by 2047, according to its approach paper for vision for Vikshit Bharat in 2047. “The gross domestic product or GDP would have to …

Moving forward with nine levers of growth
5 months ago

Moving forward with nine levers of growth

Hindustan Times  

The New York Times, long considered a cheerleader of the select global club sceptical of India’s exponential phy-gital capabilities build-up in recent years, acknowledged the same, writing in late June how “positive vibes” from India are making it a preferred destination for marquee American and European conglomerates, accentuating a clear shift away from mainland China. The budget presented on Tuesday, …

PM Narendra Modi hails Economic Survey: ‘Highlights prevailing strengths of Indian economy’
5 months ago

PM Narendra Modi hails Economic Survey: ‘Highlights prevailing strengths of Indian economy’

Hindustan Times  

Prime Minister Narendra Modi on Monday hailed the Economic Survey 2023-24 tabled by Union finance minister Nirmala Sitharaman, saying that it highlights the prevailing strength of Indian economy. Prime Minister Narendra Modi said the Economic Survey identifies areas for further growth and progress “The Economic Survey highlights the prevailing strengths of our economy and also showcases the outcomes of the …

Maharashtra economic growth to fall from 9.4% to 7.6% in 2023-24
5 months, 3 weeks ago

Maharashtra economic growth to fall from 9.4% to 7.6% in 2023-24

Hindustan Times  

Mumbai: Maharashtra’s economy is expected to grow at 7.6% in the financial year 2023-24, which is at par with the growth of the Indian economy but lower than 9.4% recorded in 2022-23, according to the state’s latest economic survey. The state’s per capita income is expected to grow to ₹2,77,603 in 2023-24 from ₹2,52,389 crore in 2022-23. Deputy chief minister …

Positive on GDP growth, working to bring inflation under control: RBI Governor Shaktikanta Das
5 months, 4 weeks ago

Positive on GDP growth, working to bring inflation under control: RBI Governor Shaktikanta Das

Live Mint  

RBI Governor Shaktikanta Das, speaking at the 188th AGM of the Bombay Chamber of Commerce & Industry in Mumbai, said that India is on the verge of a significant structural shift in its growth trajectory and is confident that GDP growth will touch 7.2% in the ongoing financial year. Das further mentioned that India's GDP annual growth rate is moving …

India's economy grows 7.8 per cent in March quarter, annual growth rate hits 8.2 per cent
6 months, 3 weeks ago

India's economy grows 7.8 per cent in March quarter, annual growth rate hits 8.2 per cent

India TV News  

India's Gross Domestic Product demonstrated robust growth in the January–March 2024 quarter, exceeding analysts' expectations, as per the latest official data released on Friday, May 31. For the full financial year 2023–24, India's GDP growth rate stood at an impressive 8.2 percent, up from 7 percent in FY23, according to an official statement. Analysts had anticipated slower GDP growth for …

Inequality, unemployment, inflation in India are at all time high, says Parakala Prabhakar
8 months ago

Inequality, unemployment, inflation in India are at all time high, says Parakala Prabhakar

The Hindu  

Inequality, unemployment among youth, inflation of various commodities and household debt are at an all-time high in the country, said political economist Parakala Prabhakar, in Chennai on April 16. Speaking at a national colloquium on the present political situation titled “The values at stake,” organised by Chennai Thinker’s Forum, Mr. Prabhakar, who is also the author of the book The …

Latest GDP numbers mystifying, they don't add up: Arvind Subramanian
9 months, 1 week ago

Latest GDP numbers mystifying, they don't add up: Arvind Subramanian

India Today  

Former chief economic adviser Arvind Subramanian on Friday said the government's GDP numbers don't add up and were "mystifying". Speaking at the 21st edition of the India Today Conclave 2024 in New Delhi, Arvind Subramanian said, "I can't understand the latest GDP numbers, they are mystifying, and don't add up. As per the latest GDP numbers, the Indian economy grew …

Economic survey: What’s helping Delhi economy revive after the pandemic?
9 months, 3 weeks ago

Economic survey: What’s helping Delhi economy revive after the pandemic?

Hindustan Times  

The advance estimates of Gross Domestic Product for 2023-24 released with Delhi’s 2023-24 Economic Survey on March 1 show one promising trend. The secondary sector – this comprises manufacturing, electricity, gas, water supply and other utility services, and construction sub-sectors – has contributed ₹ 15.02 lakh crore or 22% to the growth in Delhi’s GVA since 2019-20. The secondary sector …

GDP growth at 8.4 per cent in Dec quarter, PM Narendra Modi hails ‘strength, potential of Indian economy’
9 months, 3 weeks ago

GDP growth at 8.4 per cent in Dec quarter, PM Narendra Modi hails ‘strength, potential of Indian economy’

Hindustan Times  

Prime Minister Narendra Modi on Thursday took to social media platform X after government data showed that India's economy grew by 8.4 per cent in the December quarter. The growth rate of GDP during 2023-24 is estimated at 7.6 per cent compared to the growth rate of 7.0 per cent in 2022-23," the government statement added. The GDP at current …

India's GDP grew by 8.4 per cent in December quarter, surpassing expectations
9 months, 3 weeks ago

India's GDP grew by 8.4 per cent in December quarter, surpassing expectations

Hindustan Times  

Indian economy grew by 8.4 per cent in October-December 2023 against 4.3 per cent a year ago, government data showed on Thursday. India's GDP grows by 8.4 per cent in December quarter It had projected a growth of 7.3 per cent for the current fiscal in its first advance estimates released earlier in January 2024. Earlier in the day, the …

Decoding India’s economic realities: Comparing the state of the economy under the NDA and UPA governments
10 months, 1 week ago

Decoding India’s economic realities: Comparing the state of the economy under the NDA and UPA governments

The Hindu  

February 12, 2024 11:06 pm | Updated February 13, 2024 09:54 pm IST With the BJP-led government exuding over-confidence on the state of the economy, the interim Budget presented earlier this month has shifted focus to fiscal consolidation. Even then, the simple truth which is evident from the official data is that on average, real GDP growth was at least …

RBI pegs FY'25 GDP growth at 7% on improved consumption demand, private capex spends
10 months, 2 weeks ago

RBI pegs FY'25 GDP growth at 7% on improved consumption demand, private capex spends

The Hindu  

The Reserve Bank of India on February 8 projected GDP growth for the next financial year at 7% on the back of improved household consumption and upturn in private capex cycle. In its Monetary Policy Statement, 2023-24, RBI Governor Shaktikanta Das said the recovery in rabi sowing, sustained profitability in manufacturing and underlying resilience of services should support economic activity …

Budget 2024: Average real income 50 per cent higher, inflation moderated, says Nirmala Sitharaman
10 months, 3 weeks ago

Budget 2024: Average real income 50 per cent higher, inflation moderated, says Nirmala Sitharaman

India TV News  

Union Finance Minister Nirmala Sitharaman said that the average real income of Indians has increased by 50 per cent and people's earnings have improved, leading to a better quality of life and increased aspirations for the future. Sitharaman attributed moderated inflation levels to good macroeconomic stability and robust investments. "There is macroeconomic stability, investments are robust, the economy is doing …

Expect Indian economy to grow 7 per cent in FY25: RBI Governor Shaktikanta Das
11 months ago

Expect Indian economy to grow 7 per cent in FY25: RBI Governor Shaktikanta Das

India TV News  

Amid a challenging global macroeconomic environment, India presents a picture of growth and stability, and the economy is expected to grow 7 per cent in fiscal 2024-25, said RBI Governor Shaktikanta Das, addressing an event at the World Economic Forum Meeting 2024 in Davos, Switzerland. We expect the Indian economy to grow 7 per cent in fiscal 2024-25," said Das. …

Economy to grow by 7.3 per cent in current fiscal against 7.2 per cent in 2022-23, govt estimates
11 months, 2 weeks ago

Economy to grow by 7.3 per cent in current fiscal against 7.2 per cent in 2022-23, govt estimates

India TV News  

The government on Friday estimated that the Indian economy will grow by 7.3 per cent in current fiscal against 7.2 per cent expansion in Financial Year 2022-23. Releasing the first advance estimates of National Income for 2023-24, the NSO said, "Real GDP or GDP at Constant Prices in the year 2023-24 is estimated to attain a level of Rs 171.79 …

Naysayers Have It Wrong, Incomes in India Are Rising
1 year ago

Naysayers Have It Wrong, Incomes in India Are Rising

News 18  

The state of income in India has suddenly become a topic of raging discussion after former RBI Governor Raghuram Rajan and economist Rohit Lamba suggested that the country cannot escape the lower-middle income trap by 2047. India’s gross direct tax collections in the ongoing financial year, until November 9, have increased almost 18 per cent to Rs 12.37 lakh crore. …

India Needs To Increase Per Capita Income, Says RBI’s Former Governor Rangarajan
1 year, 3 months ago

India Needs To Increase Per Capita Income, Says RBI’s Former Governor Rangarajan

ABP News  

Indian economy needs to grow fast to enhance the per capita income of the country, said the Reserve Bank of India’s former governor C Rangarajan on Saturday. Addressing the 13th convocation of the ICFAI Foundation for Higher Education, Rangarajan lauded India for becoming the fifth largest economy in the world but said this is not enough and work needs to …

Wrong to assess economic activity on GDP alone: Finance Ministry
1 year, 3 months ago

Wrong to assess economic activity on GDP alone: Finance Ministry

The Hindu  

The Finance Ministry on September 15 scotched aspersions cast by “certain sections” on the credibility of Indian GDP data, which showed a 7.8% uptick in the first quarter of this year, stressing that Indian GDP data is not seasonally adjusted and is finalised three years later so “it is wrong to look at the underlying economic activity based on GDP …

PM Modi says 13.5 crore Indians rose above poverty line in last 5 years
1 year, 4 months ago

PM Modi says 13.5 crore Indians rose above poverty line in last 5 years

Live Mint  

New Delhi: A staggering 13.50 crore Indians have risen above the poverty line in the past five years, Prime Minister Narendra Modi said on Monday quoting a recent NITI Aayog report. Speaking at the Madhya Pradesh Rozgar Mela, the prime minister said, “When decisions are made with positive thinking, right intention, and full integrity, the whole environment gets filled with …

Focusing on roadmap to make India a $5 trillion economy: Govt
1 year, 4 months ago

Focusing on roadmap to make India a $5 trillion economy: Govt

Live Mint  

New Delhi: The government’s roadmap to makinge India a $5 trillion economy comprises measures like focussing on inclusive growth, promoting digital economy, fintech, technology-enabled development, energy transition and climate action, and relying on a virtuous cycle of investment and growth, minister of state for fnance Pankaj Chaudhary said on Tuesday. Responding to an unstarred question in the Rajya Sabha, Chaudhary …

India’s GDP has touched $3.75 trillion-mark in 2023: Nirmala Sitharaman
1 year, 6 months ago

India’s GDP has touched $3.75 trillion-mark in 2023: Nirmala Sitharaman

Live Mint  

India's gross domestic product has touched the $3.75 trillion-mark in 2023 so far from around $2 trillion in 2014, said finance minister Nirmala Sitharaman on June 12. Recent government data revealed that India's GDP grew by 6.1 per cent in the fourth quarter of fiscal year 2022-23 beating Street estimates. Recently, ratings agency Moody's estimated the Indian economy to clock …

RBI ups GDP growth projection to 7 pc for FY24
1 year, 6 months ago

RBI ups GDP growth projection to 7 pc for FY24

Hindustan Times  

Announcing the bi-monthly monetary policy, RBI Governor Shaktikanta Das, however, flagged protracted geopolitical turmoil and global economic fragmentation as risks to the growth outlook. The apex bank projected real GDP growth for the 2023-24 fiscal at 7 per cent, with December and March quarter growth estimated at 6.5 per cent and 6 per cent, respectively. The growth in the first, …

'GDP growth exemplifies tenacity of people amid global challenges': PM Modi lauds India's outstanding economic progress
1 year, 6 months ago

'GDP growth exemplifies tenacity of people amid global challenges': PM Modi lauds India's outstanding economic progress

Firstpost  

According to data released by the National Statistical Office, India’s economy will see an overall growth of 7.2 per cent in FY23. The country has witnessed steady growth among some of the fastest-growing economies including China and the US Lauding the Indian economy’s exceptional growth in Q4 FY23, Prime Minister Narendra Modi said that the latest figures by National Statistical …

India's GDP grew at 6.1% in Jan-March quarter: Govt data
1 year, 6 months ago

India's GDP grew at 6.1% in Jan-March quarter: Govt data

Hindustan Times  

India's economy grew 6.1% in the January-March quarter from a year earlier, accelerating from 4.4% in the previous quarter, government data showed on Wednesday. The National Statistical Office, under the ministry of Statistics and Programme Implementation, announced that the GDP in the last quarter of the financial year 2022-23 is estimated at ₹43.62 lakh crore, as against ₹41.12 lakh crore …

'Indian economy's growth rate underscores its resilience amid global challenges,' says PM Modi
1 year, 6 months ago

'Indian economy's growth rate underscores its resilience amid global challenges,' says PM Modi

India TV News  

Prime Minister Narendra Modi on Wednesday taking to Twitter asserted that the Indian economy's annual growth rate of 7.2 percent underscores its resilience amidst global challenges. National Statistical Office recently released data mentioning that India's economy grew 6.1 percent in the fourth quarter of 2022-23. "The 2022-23 GDP growth figures underscore the resilience of the Indian economy amidst global challenges," …

India Likely To Witness Sub-5% Inflation, Average CPI 5.2% This Year: Report
1 year, 7 months ago

India Likely To Witness Sub-5% Inflation, Average CPI 5.2% This Year: Report

News 18  

India will likely witness a sub-5% inflation early this year, with an average rate of CPI at 5.2% for calendar year 23. On the currency front, stronger relative growth outside the US and divergent G-4 policies moves high beta Foreign exchange more concretely to bullish territory vs. USD. The India 10-year benchmark bond yields may ease to see a sub-6.75% …

Delhi govt presents ₹78,800 crore budget for 2023-24 after a day’s delay
1 year, 9 months ago

Delhi govt presents ₹78,800 crore budget for 2023-24 after a day’s delay

Hindustan Times  

The Delhi government on Wednesday presented ₹78,800 crore budget estimates for the financial year 2023-24 in the legislative assembly, with focus on enhancing the national Capital’s infrastructure, sanitation, transportation facilities besides the usual focus on health and education. Delhi chief minister Arvind Kejriwal and finance minister Kailash Gahlot arrive for the budget presentation at the legislative assembly on Wednesday. The …

India to buck global slowdown, maintain pace of expansion: RBI officials
1 year, 9 months ago

India to buck global slowdown, maintain pace of expansion: RBI officials

The Hindu  

Even as the global economy is set to slow down or even enter a recession in 2023 as financial markets worldwide face heightened uncertainty, the Indian economy is steadily gathering momentum, Reserve Bank of India officials headed by deputy governor Michael D. Patra wrote in an article in the March RBI Bulletin. “Unlike the global economy, India would not slow …

Indian economy to grow at 7%; inflation set to moderate: Finance Ministry
1 year, 9 months ago

Indian economy to grow at 7%; inflation set to moderate: Finance Ministry

Live Mint  

New Delhi: Indian economy is expected to grow at 7 per cent in FY23 despite global headwinds while retail inflation would moderate in line with wholesale inflation which fell to a 25-month low in January, the Finance Ministry said on Monday. Supported by the gains from high services exports, the moderation in oil prices, and the recent fall in import-intensive …

Delhi’s growth to surpass national average at 9.18%: State economic survey
1 year, 9 months ago

Delhi’s growth to surpass national average at 9.18%: State economic survey

Live Mint  

Gross state domestic product of Delhi may grow 9.18% in the current financial year, while the country’s real GDP is seen around 7%, according to the Delhi Economic Survey 2022-23, presented by state transport and environment minister Kailash Gahlot on Monday. The state nominal GDP is also projected to touch ₹1,043,759 crore in 2022-23 at current prices, a growth of …

Key takeaways from Delhi Economic Survey
1 year, 9 months ago

Key takeaways from Delhi Economic Survey

Hindustan Times  

Delhi's finance minister Kailash Gahlot on Monday tabled state Economic Survey in the Assembly. Delhi Economic Survey top points: 1) According to the survey report, the per capita income of Delhi at current prices reached at the level of ₹3,89,529 in 2021-22 as compared to ₹3,31,112 in 2020-21. 2) "The Advance Estimate of Per Capita Income of Delhi at current …

Retail inflation marginally dips to 6.44 pc in February
1 year, 9 months ago

Retail inflation marginally dips to 6.44 pc in February

Deccan Chronicle  

New Delhi: Staying above the Reserve Bank of India’s upper tolerance level of six per cent for the second straight month, India’s retail inflation marginally dipped to 6.44 per cent in February from January’s three-month high of 6.52 per cent. Inflation is still high on a year-on-year basis where it was seen at 6.07 per cent in February 2022, according …

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