Finance Minister Nirmala Sitharaman sees capital spending fuelling growth

Finance Minister Nirmala Sitharaman sees capital spending fuelling growth

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 be […]

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India facing ‘cacophony of factors’ that may shake sovereign-credit metrics: S&P

India facing ‘cacophony of factors’ that may shake sovereign-credit metrics: S&P

S&P said a deeper global economic slowdown than currently anticipated could have an adverse impact on India’s economic performance in fiscals 2023 and 2024 S&P said a deeper global economic slowdown than currently anticipated could have an adverse impact on India’s economic performance in fiscals 2023 and 2024 India is facing various factors that may […]

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

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

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 year, […]

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

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

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 India’s […]

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