India to be fastest growing major economy in the world in 2023 with at least 7% growth, says Jaishankar on Riyadh visit

[ad_1] Mr. Jaishankar arrived September 10 for a three-day visit to Saudi Arabia to discuss ways to further strengthen relations between the two countries. Mr. Jaishankar arrived September 10 for a three-day visit to Saudi Arabia to discuss ways to further strengthen relations between the two countries. India has made powerful efforts to grow its […]

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Inflation is not a ‘red lettered’ priority for Centre now: Sitharaman

[ad_1] Job creation, equitable distribution of wealth, growth are key priorities, says FM Job creation, equitable distribution of wealth, growth are key priorities, says FM Inflation is not a ‘red-lettered’ priority now for the government given that it has been brought down to a ‘manageable level’ over the past two months and job creation and […]

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India eyes IMF support ahead of G20 presidency

[ad_1] India will soon release the list of focus areas to be pursued during its tenure as the G20’s chair, which it is set to assume in December this year, Finance Minister Nirmala Sitharaman said, hours before she met the International Monetary Fund (IMF) top boss Kristalina Georgieva to discuss IMF’s support through its G20 presidency.  […]

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Services sector bounces back in August, creates most jobs in 14 years

[ad_1] Business sentiment in India recovers to best level since May 2018, as per S&P Global India Services PMI  Business sentiment in India recovers to best level since May 2018, as per S&P Global India Services PMI  India’s services sector rebounded in August from a four-month low in July and created the highest jobs in […]

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Explained | Why is there divergence in inflation across States?  

[ad_1] What are the local factors? How has it dented spending, particularly in rural India, which is facing more price pressures?  What are the local factors? How has it dented spending, particularly in rural India, which is facing more price pressures?  The story so far:India’s economy grew at a slower-than-expected 13.5% in the first quarter […]

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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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Don’t burden utilities, pay for freebies from budgets, says FM Nirmala Sitharaman

[ad_1] The global situation continues to be challenging and it is not the right time to throw caution to the winds as yet, she said. The global situation continues to be challenging and it is not the right time to throw caution to the winds as yet, she said. Union Finance Minister Nirmala Sitharaman on […]

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Inflation pressures are expected to remain capped in coming months, says Finance Ministry

[ad_1] The ministry said it expects the manufacturing sector to pick up due to lower input costs and festive demand The ministry said it expects the manufacturing sector to pick up due to lower input costs and festive demand The sustained decline in crude oil price since June and the decline in the inflation rate […]

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Wholesale price inflation slips below 14% for the first time since February

[ad_1] Wholesale Price Inflation moderated to a five-month low of 13.93% in July from 15.18% in June, driven by a lower pace of price rise for primary products, food items, and manufactured products, even though fuel and power inflation resurged from 40.38% in June to 43.75% in July. This is the 16th month in a […]

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