For India, that will mean there won't be a boost to the economy from lower oil prices in 2018 either
2 min read11 Jan 2018The gap between an index of Economic Policy Uncertainty and the Chicago VIX, an index of market volatility, may be closed soon and the tight historical correlation between the two re-established by an increase in market volatility
1 min read12 Jun 2017World Bank's new Global Economic Prospects report has highlighted increasing fiscal vulnerabilities in some emerging market and developing economies
1 min read6 Jun 2017Noting that India is recovering from the temporary adverse effects of demonetisation, the World Bank has projected a strong 7.2% growth rate for the country in 2017
2 min read5 Jun 2017World Bank says the global economy is set to post solid growth this year, amid improving world trade and better performance by large emerging markets
2 min read5 Jun 2017With a high structural fiscal deficit, the government needs to be wary of the siren calls of straying from the straight and narrow path of fiscal consolidation
1 min read16 Jan 2017One of the reasons for slower economic growth in India is weak investment demand, but the country is not an exception
1 min read12 Jan 2017The World Bank report says all eyes are on US policymakers and how they will formulate their policies as what happens in Washington does not stay in the United States
3 min read11 Jan 2017World Bank drops India's growth rate to 7% but asserted that the country would regain momentum in the following years with 7.6 and 7.8% growth
2 min read11 Jan 2017The bank expects India to be the fastest-growing major economy in 2015, expanding by 7.5% and outpacing China in 2016 and 2017
2 min read11 Jun 2015The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared