India is still the ’fastest growing economy’ in the world: Nirmala Sitharaman
5 years, 2 months ago

India is still the ’fastest growing economy’ in the world: Nirmala Sitharaman

Live Mint  

Washington: India remains among the fastest growing economies of the world and efforts are being made to make it grow faster, Union Finance Minister Nirmala Sitharaman has said. The International Monetary Fund has projected a reduced growth rate for India, but the country's economy is "still growing as the fastest", she told a group of Indian reporters on Thursday. Sitharaman said she is "certainly not risking a comparison" with China, even though the two countries growth rates have been projected at 6.1% in a latest IMF report. With all that being said, "the point cannot be missed” that India is still "growing the fastest" in the given global scenario, Sitharaman observed.

India Economy Growth Indian Sitharaman Imf Grow Growing Fastest This Stage  fastest  stage  economy  growth  india  world  sitharaman  rate  growing  imf  nirmala  grow

History of this topic

The week in charts: GDP estimate, Nadella’s plan, ₹100 crore homes
4 days, 19 hours ago

The week in charts: GDP estimate, Nadella’s plan, ₹100 crore homes

Live Mint  

The first advance estimates released on Tuesday forecast India's growth at 6.4%, the slowest in four years. Services dominance India’s services exports surpassed goods exports, reaching $35.7 billion—about $3 billion more than goods--in November 2024, preliminary data showed. India’s share in global services exports has steadily grown, reaching 4.2% by 2023, while its share in goods exports has remained flat …

India’s economy projected to grow 6.6% in 2025, driven by private demand, investment: UN
5 days, 3 hours ago

India’s economy projected to grow 6.6% in 2025, driven by private demand, investment: UN

Live Mint  

The Indian economy is projected to expand by 6.6 per cent in 2025, primarily supported by robust private consumption and investment, according to a United Nations report. It also said that the near-term outlook for South Asia is expected to remain robust, with growth projected at 5.7 per cent in 2025 and 6.0 per cent in 2026, “driven by strong …

India to lead South Asia’s Economic Growth in 2025 says UN Report
5 days, 4 hours ago

India to lead South Asia’s Economic Growth in 2025 says UN Report

Deccan Chronicle  

Mumbai: The Indian economy is projected to expand by 6.6 per cent in 2025 and 6.8 per cent in 2026, primarily supported by robust private consumption and investment, export growth in services and certain manufactured goods according to a United Nations World Economic Situation and Prospects Report 2025. According to the report, the near-term outlook for South Asia is expected …

India’s Growth Slowdown Meets Global Headwinds
5 days, 6 hours ago

India’s Growth Slowdown Meets Global Headwinds

The Hindu  

Published : Jan 10, 2025 18:40 IST - 5 MINS READ Reams of news space were occupied this week by the analysis of the growth snafu that India has hit. The first set of advance estimates for FY25 has pegged India’s real GDP growth at 6.4 per cent. It is also lower than the Reserve Bank of India’s current projection …

UN predicts India’s economy to grow at 6.6% with strong private consumption, investment
5 days, 12 hours ago

UN predicts India’s economy to grow at 6.6% with strong private consumption, investment

Firstpost  

As per the UN World Economic Situation and Prospects 2025, the Indian economy is forecast to expand by 6.6 per cent in 2025. The Indian economy is projected to return to the 6.8 per cent growth in 2026 The Indian economy is expected to grow by 6.6 per cent in 2025. The Indian economy is projected to expand by 6.6 …

Decoding India’s growth slowdown
Trending News
5 days, 16 hours ago

Decoding India’s growth slowdown

The Hindu  

The first advance estimates of India’s Gross Domestic Product in 2024-25, released by the National Statistics Office this week, shows a decline in the real GDP growth rate to 6.4% from 8.2% registered in 2023-24. The annual growth rates of real gross fixed capital formation in public and private sectors During the 10 years of the United Progressive Alliance rule, …

India’s real GDP expected to rise 6.4% in FY25
1 week, 1 day ago

India’s real GDP expected to rise 6.4% in FY25

The Hindu  

India’s real Gross Domestic Product is expected to rise 6.4% in this financial year, slowing from 8.2% in 2023-24, the National Statistics Office said on Tuesday in its first advance estimates of GDP for 2024-25. The real Gross Value Added in the Indian economy is reckoned to rise 6.4% as well, relative to a 7.2% uptick in 2023-24, with Agriculture …

Watch: Indian economy: what to expect in 2025?
1 week, 5 days ago

Watch: Indian economy: what to expect in 2025?

The Hindu  

At the start of 2024, there was a lot of excitement about the Indian economy - the country was one of the fastest growing economies in the world and there was anticipation that India will become a $4 trillion economy in 2024-25 and become the world’s third-largest economy by 2027. However, the latest data from the National Statistics Office showed …

India Sees Economic Growth at 6.5% for the Year Through March
2 weeks, 6 days ago

India Sees Economic Growth at 6.5% for the Year Through March

Live Mint  

-- India expects the economy to grow at around 6.5% in the year through March, against 8.2% a year before, after the economy slowed unexpectedly in the July-September quarter. “We expect the economy to grow at around 6.5% in real terms in financial year 2024-25,” the Department of Economic Affairs said in its monthly economic review for November. “India’s growth …

India’s high-frequency indicators recovering in Q3, to lift GDP in H2: RBI December Bulletin
Trending News
3 weeks, 1 day ago

India’s high-frequency indicators recovering in Q3, to lift GDP in H2: RBI December Bulletin

Live Mint  

Mumbai: Several high-frequency indicators for the third quarter of the current financial year show that the Indian economy is recovering from the slowdown in momentum witnessed in the previous three months ended September, according to a paper in the Reserve Bank of India’s monthly bulletin. The recovery in Q3 of FY25 is being driven by strong festival activity and sustained …

India in 2025: Challenges are resurfacing but so are opportunities
3 weeks, 6 days ago

India in 2025: Challenges are resurfacing but so are opportunities

Live Mint  

Much has been said about India’s growth slowdown to 5.4% in the quarter ending September. We believe that the bulk of the growth exuberance over the past few years has been led by the rise of ‘new India’, a small but fast growing part of the economy, which comprises several high-tech sectors. After several heady years, the base of ‘new …

GDP growth slowing down to 5.4% in second qtr only a temporary blip: Sitharaman
4 weeks, 1 day ago

GDP growth slowing down to 5.4% in second qtr only a temporary blip: Sitharaman

Live Mint  

Finance minister Nirmala Sitharaman on Tuesday said that economic expansion rate in the last three years had averaged 8.3% and that the “less than expected” 5.4% growth in the September quarter, which followed the quarter in which national polls were held, should not be the basis for forecasting future growth. Responding to a debate in the Lok Sabha, Sitharaman said …

GDP growth slowing down to 5.4% in second qtr only a temporary blip: Sitharaman
4 weeks, 1 day ago

GDP growth slowing down to 5.4% in second qtr only a temporary blip: Sitharaman

Live Mint  

Finance minister Nirmala Sitharaman on Tuesday said that economic expansion rate in the last three years had averaged 8.3% and that the “less than expected” 5.4% growth in the September quarter, which followed the quarter in which national polls were held, should not be the basis for forecasting future growth. Responding to a debate in the Lok Sabha, Sitharaman said …

Will India's economic growth pick up pace? Nirmala Sitharaman answers
4 weeks, 1 day 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, …

India can be a $9 trillion economy by 2030: Arvind Panagariya
1 month ago

India can be a $9 trillion economy by 2030: Arvind Panagariya

Live Mint  

India is poised to surpass the position of the world's third-largest economy by 2030, with its gross domestic product expected to expand to $6.5-9 trillion, said Arvind Panagariya, the chairman of the 16th Finance Commission of India, on Thursday. Speaking at the Times Network India Economic Conclave 2024, Panagariya, former vice chairperson of NITI Aayog, said the Indian economy, despite …

Govt confident of economic rebound despite global challenges, says Piyush Goyal
1 month ago

Govt confident of economic rebound despite global challenges, says Piyush Goyal

Live Mint  

New Delhi: Despite global uncertainties owing to supply-chain disturbances following the Red Sea crisis, union commerce and industry minister Piyush Goyal has said he was confident that India's economic growth would be back on track by the end of the fiscal year. Speaking at Times Network’s India Economic Conclave on Thursday, Goyal said, "There was an election in the first …

December quarter will make up for poll-induced growth slowdown: Nirmala Sitharaman
1 month, 1 week ago

December quarter will make up for poll-induced growth slowdown: Nirmala Sitharaman

Live Mint  

New Delhi: India’s economic growth decelerated in the September quarter because of the general election earlier in the year and not a systemic issue, finance minister Nirmala Sitharaman said on Friday, expressing confidence that growth in the December quarter would make up for the lost momentum. Speaking at the India Japan Forum 2024 in the capital, a closed-door meeting between …

‘GDP slowdown in Q2 not systemic, economic activity to compensate’: Nirmala Sitharaman
1 month, 1 week ago

‘GDP slowdown in Q2 not systemic, economic activity to compensate’: Nirmala Sitharaman

Hindustan Times  

The recent slowdown in India's gross domestic product growth rate was not “systemic” and economic activity in the third quarter would compensate for the moderation, Finance Minister Nirmala Sitharaman asserted on Friday. I expect Q3 to make up for all these.” The senior BJP leader added, “So, the growth number is something which is not necessarily going to be badly …

India's growth offers phenomenal opportunities to American investors: K V Subramanian
1 month, 1 week ago

India's growth offers phenomenal opportunities to American investors: K V Subramanian

Deccan Chronicle  

Washington: Of the belief that India is headed to be a USD 55 trillion economy by 2047, India's Executive Director at the IMF Dr K V Subramanian said India's growth offers phenomenal opportunities to American investors. "The opportunities that are available for the American investors actually are phenomenal., I don't think there is any other economy that is actually going …

India’s GDP growth shocker: Bad news can be good too
1 month, 1 week 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 …

India’s growth slowdown: Yes, RBI does need to respond
1 month, 1 week ago

India’s growth slowdown: Yes, RBI does need to respond

Live Mint  

The Indian economy is in the midst of a cyclical slowdown. The Indian government is still in the process of getting public finances back into shape after the pandemic shock, when it had to support economic activity even as tax collections collapsed. There is a compelling case for the monetary policy committee, which is meeting this week to decide its …

At the root of slowdown: It’s politics, stupid
1 month, 2 weeks ago

At the root of slowdown: It’s politics, stupid

New Indian Express  

The murmurs and fears echoing in living rooms, bazaars and C-suites for weeks and months have come home to roost. On Friday, the ministry of statistics informed India that GDP growth in the July-September quarter, at 5.4 percent, has fallen from 8.1 percent in the same period last year—the slowest in nearly two years. The reality of a slowdown has …

India’s chief economic adviser calls for deregulation to spur growth
1 month, 2 weeks ago

India’s chief economic adviser calls for deregulation to spur growth

Live Mint  

New Delhi: India’s chief economic adviser V. Anantha Nageswaran emphasised the need for several measures including deregulation and a focus on key structural reforms after the country’s economic growth slowed for a second consecutive quarter. Nageswaran attributed the slowdown in India’s GDP growth during the second quarter to a combination of global factors, including excess manufacturing capacity in other regions …

Top News, Nov 29: Nifty 50, Sensex makes strong recovery; Maharashtra CM tussle on, GDP growth slows to 2-year low
1 month, 2 weeks ago

Top News, Nov 29: Nifty 50, Sensex makes strong recovery; Maharashtra CM tussle on, GDP growth slows to 2-year low

Live Mint  

In today's Top News, we have strong recovery in the the Indian stock market, Maharastra caretaker Chief Minister Eknath Shinde reportedly delayed a crucial Mahayuti meeting in Mumbai amid suspense over Maharashtra CM; and more. Stock market today: Nifty 50, Sensex surge over 1% on gains in RIL, Airtel & pharma stocks Despite heightening geopolitical tensions, the Indian stock market …

India’s GDP growth slows to 5.4% in Q2, below RBI estimate: Govt data
1 month, 2 weeks ago

India’s GDP growth slows to 5.4% in Q2, below RBI estimate: Govt data

Hindustan Times  

NEW DELHI: India’s growth of gross domestic product slowed to a seven-quarter low during July-September quarter of 2024-25, data released by the ministry of statistics and programme implementation showed. India remains the fastest-growing major economy as China’s GDP growth in the July-September quarter this year was 4.6%. The economy expanded 5.4% in the quarter ending September 2024 from a year …

India's Q2 GDP growth slows to 5.4 per cent, hits 18-month low
1 month, 2 weeks ago

India's Q2 GDP growth slows to 5.4 per cent, hits 18-month low

India TV News  

In a significant development, India's economic growth decelerated to 5.4% in the July-September quarter of the current fiscal year, marking its slowest pace in nearly two years. Despite the slowdown, India retained its position as the fastest-growing major economy, surpassing China's 4.6% GDP growth in the same quarter. Key sectoral insights According to data from the National Statistical Office, the …

India's GDP growth slows to 5.4% in Q2 2024-25: Govt data
1 month, 2 weeks ago

India's GDP growth slows to 5.4% in Q2 2024-25: Govt data

Hindustan Times  

India's Gross Domestic Product growth slowed down to 5.4% during the second quarter of the financial year 2024-25 due to the falling growth rate in manufacturing, consumption, and mining. India's GDP growth slows to 5.4% in Q2 2024-25, govt data shows In comparison, the GDP growth rate was 8.1% in the second quarter of 2023-24, according to government data released …

India Q2 GDP: Economy grows 5.4% in July-Sept, a 7-quarter low
1 month, 2 weeks ago

India Q2 GDP: Economy grows 5.4% in July-Sept, a 7-quarter low

Firstpost  

Government data released on Friday showed that India’s economic growth slowed down to 5.4 per cent in July-September 2024 compared to 8.1 per cent in year-ago quarter India's GDP for the second quarter of the fiscal year 2024 slowed down to 5.4 per cent. File image Government data released on Friday showed that India’s economic growth slowed down to 5.4 …

India’s GDP growth: The first half faltered, but economy seen rebounding in the second
Trending News
1 month, 2 weeks ago

India’s GDP growth: The first half faltered, but economy seen rebounding in the second

Live Mint  

Two consecutive quarters of disappointing economic growth have left economists pinning their hopes on a rebound in the second half of the fiscal year. Some economists, however, expect India’s FY25 GDP growth to be lower than the Reserve Bank of India’s 7.2% outlook because of the disappointing economic growth in the first two quarters of the fiscal year. “Government will …

India’s GDP growth likely moderated to 6.5% in Q2, says Icra
Trending News
1 month, 3 weeks ago

India’s GDP growth likely moderated to 6.5% in Q2, says Icra

Live Mint  

New Delhi: India’s GDP growth is likely to have slowed marginally to 6.5% in the second quarter of FY2025 from 6.7% in the previous quarter, primarily due to heavy rainfall, weak corporate margins, and subdued exports, according to rating agency Icra. While government capital expenditure and healthy kharif sowing provided a lift, their impact was offset by disruptions caused by …

India to contribute 20 pc of global workforce growth between 2023-50, China share to decline: Report
1 month, 3 weeks 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 …

Soft Landing: Global Economy on the Path to Recovery
2 months, 2 weeks ago

Soft Landing: Global Economy on the Path to Recovery

Deccan Chronicle  

Union Finance Minister Nirmala Sitharaman suggests that a soft landing of the global economy is increasingly a possibility due to the coordinated action between countries and multilateral financial institutions. She emphasizes that while economies are not picking up that much yet, the coordinated action between countries to manage supply chain shocks is helping to stabilize the situation. However, she cautions …

Soft Landing: Can Global Economy Finally Find Its Rhythm?
Top News
2 months, 2 weeks ago

Soft Landing: Can Global Economy Finally Find Its Rhythm?

Hindustan Times  

Union Finance Minister Nirmala Sitharaman suggests that a soft landing of the global economy is increasingly a possibility due to the coordinated action between countries and multilateral financial institutions. She cautions that economies are not really picking up that much yet, but that this is a positive picture with the potential for better days ahead. However, she emphasizes that countries …

Inclusive Growth and Social Empowerment: India's Economic Policies Rooted in Inclusive Growth and Social Empowerment
2 months, 2 weeks ago

Inclusive Growth and Social Empowerment: India's Economic Policies Rooted in Inclusive Growth and Social Empowerment

ABP News  

India's economic policies are rooted in inclusive growth and social empowerment. The government has implemented various initiatives such as the PM Ujjwala Yojana, Swachh Bharat Mission, and the Jan Dhan-Aadhaar-Mobile trinity to improve access to essential services, reduce financial exclusion, and minimize leakage through targeted DBTs.

Digital Infrastructure: The Secret Weapon for India's Economic Ascent
2 months, 3 weeks ago

Digital Infrastructure: The Secret Weapon for India's Economic Ascent

The Hindu  

Finance Minister Nirmala Sitharaman emphasizes the crucial role of digital infrastructure in propelling India's economic growth. She highlights the widespread adoption of digital infrastructure by the Indian people, which has facilitated access to essential services and empowered millions to benefit from various opportunities. The Minister emphasizes the transformative impact of the Digital Public Infrastructure (DPI), which has democratized access to …

IMF Sees India's Economic Growth and Outlook as Stable
2 months, 3 weeks ago

IMF Sees India's Economic Growth and Outlook as Stable

New Indian Express  

India remains the world's fastest-growing economy, with inflation expected to decline to 4.4% in FY24-25. IMF Director Krishna Srinivasan highlights the country's strong macroeconomic fundamentals, including a large and growing population, favourable harvests, and a stable fiscal situation. Srinivasan suggests that the country focus on creating jobs, removing trade restrictions, and investing in infrastructure and education to strengthen its economy …

India's Economic Potential Soars as Global Landscape Shifts
Trending News
2 months, 3 weeks ago

India's Economic Potential Soars as Global Landscape Shifts

The Hindu  

India is well positioned to capitalize on new growth opportunities due to its robust macroeconomic fundamentals and strategic shift towards strategic economic partnerships. The country's focus on domestic capacity building and resilience against external shocks will be key to its success. Ms. Sitharaman emphasized India's potential to become a key partner for many countries seeking to diversify their sources of …

India poised to capitalize on new growth opportunities as global economic landscape shifts
2 months, 3 weeks ago

India poised to capitalize on new growth opportunities as global economic landscape shifts

New Indian Express  

Finance Minister Nirmala Sitharaman highlights India's potential to capitalize on new growth opportunities amidst a challenging global economic environment. She emphasizes the country's focus on boosting domestic capacities and building resilience against external shocks. The shift towards a more fragmented global economy could work to India's advantage, as the country seeks to become a key partner for many countries seeking …

India's Growth Outlook: A Beacon of Stability Despite Temporary Slowdown
2 months, 3 weeks ago

India's Growth Outlook: A Beacon of Stability Despite Temporary Slowdown

Deccan Chronicle  

India's growth outlook remains steady despite a temporary slowdown in momentum in the second quarter of 2024-25. The country's aggregate demand is expected to shrug off the slowdown due to the pick-up in festival demand and consumer confidence. Domestic manufacturing and services PMI have shown signs of improvement, while rural demand is expected to get a boost from the improved …

Economic growth of India is better than that of China, says economist
4 months ago

Economic growth of India is better than that of China, says economist

The Hindu  

Disputing a popular notion that the economic growth of China was faster than India’s, economist A.P. Though the investment in production activity in India is at the rate of 31.2% of the GDP in the production activity, the ICUR in India is only 4.5% and the growth rate was high at 7%,” Prof Tiwari said. The budding entrepreneurs in the …

India's Retail Inflation at 3.65 Percent in August; Industrial Output Grows by 4.8 Percent in July
4 months 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 to Drive 20% of Global Economic Growth in Next Decade: G20 Sherpa Amitabh Kant
4 months ago

India to Drive 20% of Global Economic Growth in Next Decade: G20 Sherpa Amitabh Kant

News 18  

India will be driving 20 per cent of the world’s economic growth in the next decade as it continues its march to become the third largest economy globally, according to G20 Sherpa Amitabh Kant. The country will be driving 20 per cent of the world’s economic growth in the next decade, he added. “If India is to grow at 9-10 …

Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das at FIBAC 2024
4 months, 1 week ago

Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das at FIBAC 2024

The Hindu  

Reserve Bank Governor Shaktikanta Das on Thursday said the fundamental drivers of the Indian economy are gaining momentum and the country is moving on a sustainable growth path. "Our nation's journey towards becoming an advanced economy is drawing strength from a unique blend of factors, and these factors would include a young and a dynamic population, a resilient and diverse …

India to clock 7% GDP growth in FY25, says HSBC Global Research
4 months, 1 week ago

India to clock 7% GDP growth in FY25, says HSBC Global Research

Live Mint  

The Indian economy will likely grow 7% in fiscal year 2025, despite a slowdown to 6.7% in Q1FY25, which marked the lowest growth rate in five quarters, according to HSBC Global Research. This optimistic forecast is driven by strong underlying growth momentum and the narrowing of key economic data gaps, the research arm of the banking and financial services major …

India growth slows to 6.7% on lower consumer spending
4 months, 2 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 growth moderates to 6.7% in Q1 2024-25, lowest growth in five consecutive quarters
4 months, 2 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}} …

India to Become Third Largest Economy in Two Years: Vice President Jagdeep Dhankhar
5 months, 1 week ago

India to Become Third Largest Economy in Two Years: Vice President Jagdeep Dhankhar

News 18  

Asserting that India’s rise is unstoppable, Vice President Jagdeep Dhankhar on Wednesday said the country will become the third largest economy in the world in two years. The “Be Vocal for Local” clarion call given by the Prime Minister has economic freedom at this core, with handloom products being one of its key elements, said the Vice President. Strongly advocating …

India has chance to emerge as manufacturing hub: BJP MP
5 months, 2 weeks ago

India has chance to emerge as manufacturing hub: BJP MP

Hindustan Times  

Bharatiya Janata Party national spokesperson Sudhanshu Trivedi on Sunday termed the recent Union Budget historic as it was presented by the Modi government in its third consecutive term in office—a feat achieved in Indian history after 60 years. He pointed out that with declining trust in China as the world’s largest manufacturing hub, India has a golden opportunity to establish …

Concern over ‘unscientific projection’ of GDP rate as nation’s prime growth indicator
5 months, 2 weeks ago

Concern over ‘unscientific projection’ of GDP rate as nation’s prime growth indicator

The Hindu  

A talk on ‘Tall claims and bleak realities - features of the contemporary Indian economy’ by Kerala State Planning Board member R. Ramkumar on July 26 expressed concern over the unscientific projection of gross domestic product rates as the nation’s prime growth indicator when the per capita Income was continuing at a very low rate. Presenting his view points at …

India’s Modi focuses on jobs creation in first budget after winning polls
5 months, 3 weeks ago

India’s Modi focuses on jobs creation in first budget after winning polls

Associated Press  

NEW DELHI — Indian Prime Minister Narendra Modi’s newly formed government presented an annual budget to Parliament that raises spending to generate more jobs and spur economic growth, while aiming to appease coalition partners it needs to stay in power. Modi said the budget will lead India toward “better growth and a bright future.” “Today’s budget will act as a …

Discover Related