Indian economy

Has Raghuram Rajan become torchbearer of losers opposing rise of New India?

Raghuram Rajan, former Governor of the Reserve Bank of India (RBI) who also served as chief economic adviser under former…

1 year ago

PM Modi visits Karnataka, inaugurates slew of projects, to showcase rise of New India

Prime Minister Narendra Modi on Monday inaugurated a slew of connectivity projects, including a brand-new airport, to turn Karnataka’s Shivamogga…

1 year ago

UK MP Bob Blackman slams BBC documentary as shoddy journalism

Terming BBC documentary on Prime Minister Narendra Modi as "propaganda video" and a "disgraceful piece of shoddy journalism," British MP…

1 year ago

India’s WPI inflation falls to 4.73%, lowest in 23 months

India’s annual inflation rate based on wholesale price index (WPI) fell to 4.73 per cent in January – lowest in…

1 year ago

India’s direct tax collection shoots up by 24%

India’s gross direct tax collections up to 10 February, 2023 stand at Rs 15.67 lakh crore -- 24.09 per cent…

1 year ago

India you become a $26 trillion economy by 2047-48: EY

India’s GDP will touch $26 trillion in market exchange terms by 2047-48 with a per capital income exceeding $15,000, a…

1 year ago

India has reduced inequality gap via targeted schemes for poor

Higher procurement of rice and wheat especially in “relatively laggard” states such as Assam, Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Odisha,…

1 year ago

RBI Governor says India’s economy resilient but no room for complacency

Shaktikanta Das, Governor, Reserve Bank of India has said India's economic resilience continues to remain in tact though rising debt…

1 year ago

India emerges as bright spot as Modinomics works

Modinomics appears to be working for India as the country has emerged as one of the fastest growing economies of…

1 year ago

India’s consumption gathers steam in post Covid phase amid global slowdown

Even as the Reserve Bank of India trimmed India’s growth projections to 6.8 per cent from the earlier 7 per…

1 year ago

India to grow between 6.5-7.1%: Deloitte

India’s growth rate Is expected to clock between 6.5 per cent and 7.1 per cent during the current financial year…

1 year ago

Cash driven Indian economy turning into a digital one: SBI

The Indian economy is undergoing a structural transformation, as the country’s cash dominated economy is gradually turning into a digital…

1 year ago

Bank credit rises as economy picks up

India’s bank credit –an important indicator of economic activities—has remained robust. According to the Reserve Bank of India data released…

1 year ago

Modinomics is working for India as economies slow worldwide

India’s continued focus on reforms and infrastructure development has enabled the country to strengthen its economic fundamentals and push GDP…

2 years ago

GST revenue for October increases to Rs 1,51,718 crore

The Centre's gross revenue collection on account of goods and services tax (GST) for the month of October stood at…

2 years ago

Are foreign investors packing their bags for India–the fastest growing major economy?

Indian economic managers are unfazed by the revision of the country’s GDP growth projections. The International Monetary Fund (IMF) on…

2 years ago

India to grow at around 7% this year despite headwinds: Sitharaman

Finance Minister Nirmala Sitharaman has said that India is likely to register a growth rate of about 7 per cent…

2 years ago

Singapore, UAE to accept RuPay payment mechanism: Finance Minister Sitharaman

Union Finance Minister Nirmala Sitharaman on Tuesday (local time) said that Singapore and UAE have shown interest to accept the…

2 years ago

Global investors bullish on India amid global turmoil

Global investors are betting big on India despite rising challenges driven by geopolitical shifts notwithstanding the lowering of growth projections…

2 years ago

With RBI’s aggressive gold buying, India now holds 9th largest yellow metal reserve

Is the Reserve Bank of India slowing down its gold purchase? In August, RBI’s gold purchase was much lower after…

2 years ago

GST collection jumps 27% to Rs 1.47 lakh crore in Sept

The gross goods and services tax (GST) revenue collection for September stood at Rs 1,47,686 crore – an increase of…

2 years ago