Indian economic growth ‘extremely fragile’, needs all support: RBI Monetary Policy Committee member Jayanth Varma

[ad_1] India’s economic growth is now ‘extremely fragile’ and needs all the support that it can get, as private consumption and capital investment are yet to pick up, RBI Monetary Policy Committee (MPC) member Jayanth R Varma said on December 23. Mr. Varma further said out of the four engines of growth for the economy, […]

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Monthly economic review | India’s growth to be sustained by consumer spending rebound

[ad_1] Private consumption rates had helped private-sector capital expenditure reach one of its highest levels in the last decade, said the report Private consumption rates had helped private-sector capital expenditure reach one of its highest levels in the last decade, said the report A sharp rebound in consumer spending and rising employment will sustain economic […]

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

[ad_1] 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 […]

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