Government keeping eye on inflation: Nirmala Sitharaman in Rajya Sabha

Government keeping eye on inflation: Nirmala Sitharaman in Rajya Sabha

Finance Minister Nirmala Sitharaman speaks in the Rajya Sabha during the Winter Session of the Parliament, in New Delhi, on December 21, 2022. | Photo Credit: PTI Finance Minister Nirmala Sitharaman on December 21 said the government is keeping an eye on inflation which is purely “extraneous” nowadays because of the fuel and fertilizer prices. […]

Continue Reading
IMF praises RBI for tightening the monetary policy to curb inflation

IMF praises RBI for tightening the monetary policy to curb inflation

Tobias Adrian said that monetary policy has tightened in India, similar to other emerging markets as well, where inflation has been above target Tobias Adrian said that monetary policy has tightened in India, similar to other emerging markets as well, where inflation has been above target The International Monetary Fund (IMF) on Tuesday praised the […]

Continue Reading
Asian Development Bank cuts India’s GDP growth forecast to 7%

Asian Development Bank cuts India’s GDP growth forecast to 7%

India’s economy grew 13.5% year-on-year in the first quarter of 2022-23, reflecting strong growth in services India’s economy grew 13.5% year-on-year in the first quarter of 2022-23, reflecting strong growth in services The Asian Development Bank (ADB) has slashed India’s economic growth projection for 2022-23 to 7% from 7.2% earlier, citing higher than expected inflation […]

Continue Reading
States that haven’t cut fuel taxes clocking higher inflation: Nirmala Sitharaman

States that haven’t cut fuel taxes clocking higher inflation: Nirmala Sitharaman

“If you attribute States’ inflation to the Centre, then we need a way for Centre-States’ co-operation to handle price rise” “If you attribute States’ inflation to the Centre, then we need a way for Centre-States’ co-operation to handle price rise” Emphasising that it was unfair to blame the Centre for some States’ higher price levels, […]

Continue Reading