Tag Archives: indian economy

Bengaluru : India’s economy is expected to recover early next year from the recession, but at a modest pace, according to a majority of economists in a Reuters poll who said their improved growth predictions were based on progress in growth. COVID-19 vaccines. Recent vaccine news has propelled Indian stocks …

Written by Udit Misra, edited by Explained Desk | New Delhi | Updated: November 23, 2020 10:15:56 am If this economy grows at an average annual rate of only 5 percent (instead of 8 percent) from year 3 onwards, it will take more than three years to reach the level …

NEW DELHI: India will be hit hardest among the world’s major economies even after the pandemic subsides, with production 12% below pre-virus levels in the middle of the decade, according to Oxford Economics. The balance sheet stress that had been building up before the coronavirus outbreak is likely to worsen, …

India will be hit hardest among the world’s major economies even after the pandemic dies down, with production 12% below pre-virus levels in the middle of the decade, according to Oxford Economics. The balance sheet stress that had been building up before the coronavirus outbreak is likely to worsen, Priyanka …

WASHINGTON: Indian students contributed $ 7.6 billion to the American economy in the 2019-20 academic year, even though there was a 4.4 percent drop in the total number of Indian students, according to a report. China remained the largest source of international students in the US, and the number of …

NEW DELHI: Prime Minister Narendra modi on Tuesday it said India provides great investment opportunities for the world and moves towards urban transformation. Address the 3rd annual Bloomberg New Economy Forum, PM said: “India has exciting opportunities to invest in urbanization, mobility, innovation and sustainable solutions. These opportunities come alongside …

Goldman Sachs on Tuesday revised India’s GDP target for fiscal year 21 to a 10.3% contraction compared to the previous forecast of a 14.8% contraction. He believes that GDP growth will recover to 13% in fiscal year 22 on the low base and benefits of the vaccine. The US-based firm …

A worker works at an overpass construction site amid smog in New Delhi. (Reuters) Consumer inflation rose again to pre-virus highs in October, and almost all broad categories except fuel saw prices rise. While the fourth quarter is likely to mark the peak of inflation, we have become more cautious …

India’s currency is strong, the stock market is rising, and long-term interest rates are under control. The technical recession that ruined the June and September quarters is probably over. Prime Minister Narendra Modi has rolled out the red carpet for industries ranging from automobiles and solar panels to specialty steels. …

Written by Udit Misra | New Delhi | Updated: November 13, 2020 7:28:24 am The seal of the Reserve Bank of India (RBI) is displayed on a door outside the RBI headquarters in Mumbai. (Reuters photo: Danish Siddiqui) In its last monthly newsletter, November, the Reserve Bank of India has …