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  J&K Budget 2023: FM presents ₹ 1.18 lakh crore budget, aims to double UT's GDP within five years

  Business | March 14, 2023 11:30 IST

  The Union Territory of Jammu and Kashmir has been allocated a budget of ₹1.18 lakh crore for the year 2023-24, with a focus on rural housing and providing water tap connections to households.

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  China's defense spending to increase 7.2% this year, exceeding GDP target

  World | March 07, 2023 13:49 IST

  China increases its defence spending by 7.2% in 2023, with Premier Li Keqiang calling for the armed forces to boost their combat preparedness to fulfill major tasks.

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  Indian economic indicators show signs of re-acceleration, says report

  Business | February 28, 2023 14:45 IST

  After getting slowed down in a fairly broad-based manner post the festive season in October which raised investors concern, the Indian economic indicators have once again started showing signs of re-acceleration in early 2023, a report said.

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  Economic Survey 2023 key highlights: Borrowing rate stays high, GDP to grow at 6-6.8%

  Budget | January 31, 2023 17:38 IST

  The Economic Survey provided a variety of statuses of the Indian economy and provides thorough statistical data on several sectors and how they performed in the previous year.

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  India likely to loose its 'fastest growing economy tag' as growth took hit from weakening demand

  Business | January 07, 2023 12:13 IST

  If the forecast comes true, India's GDP growth will be lower than Saudi Arabia's expected 7.6 per cent expansion.

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  India’s GDP growth forecast upgraded to 6.9% for FY23 by World Bank

  Business | December 06, 2022 12:58 IST

  In October, it had cut India's GDP growth forecast to 6.5 per cent from 7.5 per cent earlier. Now, it has upgraded the projection to 6.9 per cent for 2022-23 (April 2022 -March 2023).

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  India's GDP growth slips to 6.3 pc in Q2, but remains fastest-growing major economy

  Business | November 30, 2022 19:06 IST

  India GDP: India remained the fastest-growing major economy as China registered an economic growth of 3.9 per cent in July-September 2022.

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  Moody's cuts India's economic growth projections to 7 pc for 2022

  Business | November 11, 2022 14:10 IST

  This is the second time that Moody's Investors Service has cut India's growth estimates. In September, it had cut projections for the current year to 7.7 per cent from 8.8 per cent estimated in May.

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  Retail inflation inches up to 7% in August on costlier food items

  Business | September 13, 2022 0:39 IST

  Inflation: According to the data, inflation in food basket was 7.62 per cent in August, up from 6.69 per cent in July and 3.11 per cent in August 2021.

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  Centre working on enhancing mines sector output in GDP to 2.5 pc by 2030: Union minister

  Business | September 09, 2022 17:50 IST

  Mine sector output: Observing that the states are the ones that would implement on the ground whatever policies and laws are made at the Centre, Coal minister Pralhad Joshi said the conclave has been organised in line with the central government's philosophy of 'Sabka Saath, Sabka Vishwaas'.

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  Adani to build 3 giga factories as part of USD 70 bn green investment

  India | September 07, 2022 15:25 IST

  The announcement comes weeks after rival billionaire Mukesh Ambani announced a fifth Giga factory as part of an investment in low carbon energy.

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  Indian economy seeing green shoots! Grows 13.5% in June quarter - fastest in a year

  Business | August 31, 2022 18:27 IST

  GDP Growth: Many analysts had projected the Indian economy will expand at a double-digit growth rate due to the base effect.

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  GDP growth projected to spike to four-quarter high 13.0 per cent in Q1 FY2023, says ICRA

  Business | August 24, 2022 13:17 IST

  Business news: ICRA expects the sectoral growth in Q1 FY2023 to be driven by the services sector (+17-19 per cent; +5.5 per cent in Q4 FY2022), followed by the industry (+9-11 per cent; +1.3 per cent).

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  World Bank slashes India's GDP growth forecast to 7.5% for FY23

  Business | June 07, 2022 21:44 IST

  In April, the World Bank had trimmed the forecast from 8.7 per cent to 8 per cent and now it is projected at 7.5 per cent. The GDP growth compares to an 8.7 per cent expansion in the previous 2021-22 fiscal.

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  Tax revenues soar 34% to record Rs 27.07 lakh crore in FY22; tax-GDP ratio highest in 2 decades

  April 08, 2022 20:43 IST

  Reflecting buoyancy in economy and the impact of anti-tax evasion measures, direct tax collection rose by a record 49 per cent to Rs 14.10 lakh crore, while indirect taxes posted a growth of 20 per cent to Rs 12.90 lakh crore.

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  Moody's slashes 2022 India growth estimate to 9.1%

  Business | March 17, 2022 13:55 IST

  In its Global Macro Outlook 2022-23 (March 2022 Update) titled: Economic Growth will suffer as fallout from Russia's invasion of Ukraine builds, the rating agency said that India's growth is likely to be 5.4 per cent in 2023.

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  India economy to grow at quickest pace among large nations: Finance Ministry report

  Business | February 16, 2022 15:48 IST

  Observing that the IMF in its January 2022 update has lowered its global growth estimate for 2022, the report said India is the only large and major country listed by the IMF whose growth projection has been revised upwards in 2022-23.   

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  India's GDP to grow at 9.2% in 2021-22, to surpass pre-Covid level, says govt data

  Business | January 07, 2022 22:10 IST

  As per the first advanced estimates of the national income released by the National Statistical Office (NSO) on Friday, a growth is witnessed across sectors.

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  PM Modi meets top CEOs for budget inputs

  India | December 20, 2021 20:19 IST

  PM Modi interacted with the leading CEOs of companies across banking, infrastructure, automobiles, telecom to receive inputs and suggestions from the private sector for budget.

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  India among most unequal nations; top 1% of population holds 22% of national income: Report

  India | December 08, 2021 11:25 IST

  The report noted that income and wealth inequalities have been on the rise nearly everywhere since the 1980s.