Indian Economy
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Indian economic indicators show signs of re-acceleration, says report
Business | Feb 28, 2023, 02:45 PM ISTAfter 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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Ex-Niti Aayog Vice Chairman Rajiv Kumar predicts 6% growth in 2023-24, decodes economic trend
Business | Feb 19, 2023, 12:05 PM ISTEx-Niti Aayog Vice Chairman Rajiv Kumar explained the behaviour of the Indian economy by saying major risks going forward will emerge from a synchronized downturn in the North American and European economies.
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India expects to cross 7 per cent 'economic growth' in next five years: EAM Dr S Jaishankar | WATCH
World | Feb 18, 2023, 07:46 AM ISTEAM S Jaishankar at Raisina@Sydney: "And you can today see the same reflected in the investment climate, both in the flow of FDI, FII as well as in the investments which the government itself is leading the capital outlay in this year's budget," Jaishankar added.
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Ajay Maken, Congress leader, described the budget for 2023
News | Feb 03, 2023, 05:47 PM ISTIndia TV Samvaad Budget 2023: In India TV's budget dialogue, Congress leader Ajay Maken called this budget a game changer, claiming that this government is only for the top 1 percent of people in the country and that this budget is also the same.
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'IMF sees India as bright spot in global economy, avers PM Modi at Global Investors Summit in MP
India | Jan 11, 2023, 02:33 PM ISTMadhya Pradesh-Global Investors Summit: Prime Minister Narendra Modi also said that the World Bank considers India in a better position to tackle global challenges than several other countries.
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India expected to become USD 7 trillion economy in seven years: Chief Economic Advisor
Business | Jan 10, 2023, 09:40 AM ISTChief Economic Advisor V Anantha Nageswaran's projection exceeds Modi government's expectation of becoming a USD 5 trillion economy by 2025.
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India's GDP growth slips to 6.3 pc in Q2, but remains fastest-growing major economy
Business | Nov 30, 2022, 07:06 PM ISTIndia 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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India's economic growth likely to be better than IMF's projections next fiscal year, claims CEA
India | Oct 31, 2022, 05:43 PM ISTIndia's economic growth: The International Monetary Fund recently predicted real growth for India at 6.8% this year and 6.1% the following year.
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Side effects of pandemic, biggest global crisis in 100 years, can't go away in 100 days: PM Modi
India | Oct 22, 2022, 02:06 PM ISTPM Modi on Global Crisis: Highlighting the reforms undertaken by the Centre for the development of the country, Prime Minister Narendra Modi on Saturday said that India is trying its best to save itself from the global crisis and economic slowdown.
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'Logistical marvel': IMF Deputy Director Paolo Mauro praises India's digital cash transfer schemes
Business | Oct 13, 2022, 11:32 AM ISTTop leadership of the International Monetary Fund (IMF) praised India's monetary policy, digital economy, and growth despite being faced several challenges
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India doing better and in relative bright spot compared to others: IMF
Business | Oct 12, 2022, 11:50 AM ISTBusiness news: The IMF on Tuesday in its World Economic Outlook projected a growth rate of 6.8 per cent in 2022 as compared to 8.7 per cent in 2021 for India.
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India's service sector activity falls to 6-month low in September amid inflationary pressures: PMI
Business | Oct 06, 2022, 11:56 AM ISTService Sector Tumbling: The depreciation of the rupee posed additional challenges to the Indian economy. The latest report is contrary to the data that showed private sector sales rose at the weakest pace in six months, amid softer increases in the manufacturing and services economies.
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India set to become 10 trillion-dollar economy by 2030: Hardeep Singh Puri
Business | Sep 16, 2022, 08:26 AM ISTPuri addressed 25th Energy Technology Meet, organized by Centre for High Technology, under the aegis of Petroleum and Natural Gas Ministry, Govt of India, in association with Hindustan Petroleum Corporation Ltd in Mumbai.
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Fitch slashes India's FY23 GDP growth forecast to 7% on slowing global economy, rising interest cost
Business | Sep 15, 2022, 05:02 PM ISTThe rating agency said inflation moderated in August as crude oil prices eased but the risk to food inflation persists given negative seasonality towards the end of this year.
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Multimodal transport system vital for India to become $5 trillion economy in 5 years: Gadkari
Business | Sep 09, 2022, 08:17 PM ISTAddressing the 41st meeting of the Transport Development Council (TDC) at Bengaluru on Friday, he opined that the Centre and the states will have to work together over the next five years to transform the transport sector if the country wants to achieve a $5 trillion economy.
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India set to become 3rd largest economy by 2030, say experts
Business | Sep 04, 2022, 08:01 AM ISTIndian economy news: "India is moving up the power scale and according to my earlier forecast by 2028-2030, we will become the third largest economy in the world," said Arvind Virmani, Former Chief Economic Advisor.
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Indian economy to grow over 7 pc in FY23, says finance secretary
Business | Aug 31, 2022, 09:11 PM ISTIndian economy growth: Allaying concerns of high imports denting the fiscal architecture, he said the government was on course to meet fiscal deficit target of 6.4 per cent of GDP in current fiscal ending March 31, 2023.
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Indian economy seeing green shoots! Grows 13.5% in June quarter - fastest in a year
Business | Aug 31, 2022, 06:27 PM ISTGDP 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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'India's money is with FM Sitharaman': AIUDF chief slams Centre for paralysing economy
India | Aug 06, 2022, 12:44 PM ISTIndian economy news: Meanwhile, Congress party leader Rahul Gandhi on Friday made a sharp attack on Finance Minister Nirmala Sitharaman for her handling of the Indian economy.
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Nobody is in denial about price rise, Indian economy definitely much better, says Sitharaman
Business | Aug 02, 2022, 11:51 PM ISTNirmala Sitharaman in Rajya Sabha: The finance minister said that the government has adopted a targeted approach based on ground-level inputs to tackle retail inflation which is ruling at around 7 per cent.