Finance Minister Nirmala Sitharaman sees capital spending fuelling growth

[ad_1] Nirmala Sitharaman | Photo Credit: PTI India plans to sustain its high growth rate through more government capital spending but will also focus on health and education next year, Finance Minister Nirmala Sitharaman told  the Reuters NEXT conference on Wednesday. Ms. Sitharaman was speaking amid consultations for the next Budget, which is expected to […]

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Morning Digest | Agitating lawyers meet CJI over proposed transfers of HC judges; no more Air Suvidha form for international arrivals, and more

[ad_1] Chief Justice of India D.Y. Chandrachud met Gujarat and Telangana lawyers on Monday over the Collegium’s proposed transfers of their High Court judges. File picture. | Photo Credit: PTI Chief Justice of India, Collegium judges meet protesting Gujarat, Telangana High Courts’ lawyers over proposed transfers of their HC judges Chief Justice of India D.Y. […]

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India’s debt ratio projected to be 84% of its GDP: IMF

[ad_1] According to official data released last month, the Central Government’s fiscal deficit touched 32.6% of the annual target in the current financial year till August as against 31.1% recorded a year ago According to official data released last month, the Central Government’s fiscal deficit touched 32.6% of the annual target in the current financial […]

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Indian economy to grow over 7% in FY23, says Finance Secretary

[ad_1] India’s Gross Domestic Product (GDP) grew at 13.5% in the first quarter of 2022-23, the fastest pace in four quarters India’s Gross Domestic Product (GDP) grew at 13.5% in the first quarter of 2022-23, the fastest pace in four quarters Indian economy is on course for over 7% growth rate in the current fiscal […]

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India’s GDP grows at 13.5% in April-June quarter

[ad_1] GVA from Agriculture, Forestry and Fishing, the only sector that continued to grow through the pandemic, rose 4.5% in the April to June quarter of this year GVA from Agriculture, Forestry and Fishing, the only sector that continued to grow through the pandemic, rose 4.5% in the April to June quarter of this year […]

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Net zero emissions by 2050 can boost India’s GDP by 7.3% by 2032: Report

[ad_1] “Getting India to Net Zero” report said India achieving net zero by 2070 would boost annual GDP by up to 4.7% by 2036. “Getting India to Net Zero” report said India achieving net zero by 2070 would boost annual GDP by up to 4.7% by 2036. Should India ramp up its ambition to achieve […]

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India’s GDP to grow 7% this fiscal: FICCI survey

[ad_1] “Growth forecast has been downgraded from the 7.4% estimate in previous survey round (April 2022) owing to geopolitical uncertainty and its repercussions for the Indian economy,” FICCI said “Growth forecast has been downgraded from the 7.4% estimate in previous survey round (April 2022) owing to geopolitical uncertainty and its repercussions for the Indian economy,” […]

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Asian Development Bank pares India growth hopes to 7.2% for 2022-23

[ad_1] Bank enhances inflation forecast to 6.7% this year, frets about erosion of consumers’ purchasing power Bank enhances inflation forecast to 6.7% this year, frets about erosion of consumers’ purchasing power The Asian Development Bank (ADB) has lowered its growth forecast for India to 7.2% for 2022-23 from a 7.5% projection made in April, citing […]

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India’s economy recovered strongly despite 3 COVID-19 waves, says U.S. Treasury report

[ad_1] “India’s acute second wave weighed heavily on growth through the middle of 2021, delaying its economic recovery” “India’s acute second wave weighed heavily on growth through the middle of 2021, delaying its economic recovery” The Indian economy has rebounded strongly despite three significant COVID-19 waves, the US Treasury has said in a report to […]

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Morning Digest: PM Modi says India will support democracy, stability in Sri Lanka; fresh suit admitted in Mathura temple-mosque row, and more

[ad_1] India will support democracy, stability in Sri Lanka: Modi Prime Minister Narendra Modi said on Thursday that India will continue to stand with the people of Sri Lanka and support democracy, stability and economic recovery in the neighbouring country. Shahi Idgah mosque-Shri Krishna Janmabhoomi dispute: fresh plea admitted A civil judge in Mathura, who […]

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