11% growth over next decade could make India world’s second largest economy by 2031: RBI Deputy Governor

[ad_1] “Currently, India is the third largest economy in the world in PPP terms, with a share of 7% of global GDP after China and the U.S.,” says Michael Debabrata Patra. “Currently, India is the third largest economy in the world in PPP terms, with a share of 7% of global GDP after China and […]

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GST collection in July jumps by 28% to ₹1.49 lakh crore

[ad_1] July’s Goods and Services Tax (GST) collection is 28% higher than the same month last year, and is the second-highest monthly collections since the launch of the GST regime July’s Goods and Services Tax (GST) collection is 28% higher than the same month last year, and is the second-highest monthly collections since the launch […]

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Silly to compare Sri Lanka’s economic situation with India: Arvind Panagariya

[ad_1] Sri Lanka is grappling with a severe economic crisis and India has been at the forefront of extending economic assistance Sri Lanka is grappling with a severe economic crisis and India has been at the forefront of extending economic assistance Former NITI Aayog Vice-Chairman Arvind Panagariya on July 31 said it would be ‘silly’ […]

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Strengthening liberal democracy is essential for growth: Raghuram Rajan

[ad_1] The under-performance of the country in terms of economic growth “seems to indicate the path we are going on needs rethinking”, said former RBI Governor Raghuram Rajan at the All India Professionals Congress conclave The under-performance of the country in terms of economic growth “seems to indicate the path we are going on needs […]

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Retail inflation for industrial workers eases to 6.16% in June

[ad_1] Labour Bureau has been compiling consumer price index for industrial workers every month on the basis of retail prices collected from 317 markets spread over 88 industrially important centres in the country Labour Bureau has been compiling consumer price index for industrial workers every month on the basis of retail prices collected from 317 […]

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PM Modi inaugurates India’s first bullion exchange at GIFT city, Gandhinagar

[ad_1] Setting up of bullion exchange could lead to standard gold pricing in the country and make it easier for small bullion dealers and jewellers to trade in the precious metal  Setting up of bullion exchange could lead to standard gold pricing in the country and make it easier for small bullion dealers and jewellers […]

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India among countries that shape global financial trends: PM Modi

[ad_1] Prime Minister Narendra Modi said India is one of the world’s leading economies and should build institutions that can cater to its present and future roles Prime Minister Narendra Modi said India is one of the world’s leading economies and should build institutions that can cater to its present and future roles Prime Minister […]

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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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