The Central government’s fiscal deficit touched 21.2% of the annual target in the June quarter as against 18.2% in the year-earlier period, according to official data. The fiscal deficit is the difference between total expenditure and revenue of the government. It indicates the total borrowing that are needed by the government. In actual terms, the […]
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It is time for political leaders to clamour for an overhaul of India’s economic performance measurement framework Source link
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Widespread lockdowns hammer industrial activity, demand; analysts expect full-year growth to lag 5.5% target Widespread lockdowns hammer industrial activity, demand; analysts expect full-year growth to lag 5.5% target China’s economic growth slowed sharply in the second quarter, highlighting the colossal toll on activity from widespread COVID lockdowns and pointing to persistent pressure over coming months […]
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Chief Economic Adviser V. Anantha Nageswaran said India is relatively better placed than other emerging economies Chief Economic Adviser V. Anantha Nageswaran said India is relatively better placed than other emerging economies Chief Economic Adviser (CEA) V. Anantha Nageswaran on June 14 said India would become a $5 trillion economy by 2026-27 and $10 trillion by […]
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Commodity price spikes, lower wheat yields amid heatwave and Omicron hit on contract-driven sectors tripped the momentum Commodity price spikes, lower wheat yields amid heatwave and Omicron hit on contract-driven sectors tripped the momentum India’s GDP growth may have slowed down to 3.5% in the fourth quarter of 2021-22, from 5.4% in the October to […]
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States have done off-balance-sheet borrowings through various entities in FY22, resulting in a 1 percentage point increase in such hidden loans to 4.5% of GSDP, a report said on Wednesday. The report by ratings agency Crisil, based on an analysis of 11 States accounting for three-quarters of GSDP, warned that this will impact the badly-needed […]
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