NEW DELHI: India Gross domestic product (GDP) in terms of Purchasing power parity (PPP) was 11 times greater than that of Bangladesh in 2019, government sources said on Wednesday as they downplayed IMF projections that India would fall below the neighboring nation in GDP per capita this year. Earlier in …
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New Delhi: Calling the 23.9% drop in economic growth in the June quarter alarming, former Reserve Bank Governor Raghuram Rajan has said the bureaucracy should grow out of complacency and take meaningful action. The current crisis requires a more thoughtful and active government, he said, adding that “sadly, after an …
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Rahul Gandhi (PTI) NEW DELHI: Leader of Congress Rahul gandhi on Wednesday he lashed out at Prime Minister Narendra Modi for the state of the economy, increasing COVID-19 cases and “external aggression” at the borders, claiming that India is reeling from the “Modi-caused disasters.” Their attack comes after official data …
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NEW DELHI: GDP data for the June quarter of fiscal year 21 to be released tonight would reveal the extent of the damage that the coronavirus pandemic has caused to the Indian economy. While India’s economy had slowed long before the pandemic hit, Asia’s third-largest economy is expected to enter …
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With more than 65,000 new infections a day and a total of cases exceeding 3 million in a country of 1.3 billion, India’s road to recovery appears to be long and difficult. A combination of monetary and fiscal measures to prop up the economy has fallen short, leaving millions of …
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[ad_1] NEW DELHI: Prime Minister Narendra Modi On Tuesday he said the government will present a package of Rs 20 lakh crore to help the economy regain health and also unleash a new set of reforms focused on land, work, liquidity and legal frameworks that would boost pressure from India …
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