Mill’s fourth proposition on capital

Mill’s fourth proposition on capital

Mill’s fourth proposition on capital states that “demand for commodities is not demand for labour.” It was stated by English political economist John Stuart Mill in his famous 1848 book The Principles of Political Economy as one of his four propositions on capital. Mill argued that, contrary to popular belief, labour and other factors of […]

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Coming decade appears promising for sustained economic growth: Niti Aayog Vice-Chairman

Coming decade appears promising for sustained economic growth: Niti Aayog Vice-Chairman

“The coming decade appears promising for sustained economic growth for India,” said NITI Aayog said in a tweet quoting the Vice Chairman “The coming decade appears promising for sustained economic growth for India,” said NITI Aayog said in a tweet quoting the Vice Chairman India’s macroeconomic position relative to emerging economies appears good, and the […]

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World Bank cuts India’s economic growth forecast to 7.5% for FY23

World Bank cuts India’s economic growth forecast to 7.5% for FY23

Global growth is expected to slow sharply from 5.7% in 2021 to 2.9% this year. Global growth is expected to slow sharply from 5.7% in 2021 to 2.9% this year. The World Bank on Tuesday cut India’s economic growth forecast for the current fiscal to 7.5% as rising inflation, supply chain disruptions and geopolitical tensions […]

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SBI revises up FY23 economic growth forecast to 7.5%

SBI revises up FY23 economic growth forecast to 7.5%

The report basis its optimism on the rising corporate revenue and profit and the growing bank credit coupled with ample liquidity in the system. The report basis its optimism on the rising corporate revenue and profit and the growing bank credit coupled with ample liquidity in the system. SBI Research has projected the Indian economy […]

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Moody’s slashes Indian economy growth forecast to 8.8% for 2022

Moody’s slashes Indian economy growth forecast to 8.8% for 2022

Moody’s said high-frequency data suggests that the growth momentum from December quarter 2021 carried through into the first four months Moody’s said high-frequency data suggests that the growth momentum from December quarter 2021 carried through into the first four months Moody’s Investors Service on Thursday slashed India’s economic growth projection to 8.8% for 2022 from […]

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