India Economy News

Economy

‘Young India has a Virat Kohli mentality that…,’ says ex-RBI Governor Raghuram Rajan

Speaking at an event former RBI Governor and noted economist Raghuram Rajan said it is important to address unemployment and look at the significance of job creation for the economy

3 min read17 Apr 2024
Economy

Retail inflation and factory output deliver twin thrust to Indian economy

Retail inflation was at a 10-month low in March, and industrial output was at a four-month high in February

4 min read12 Apr 2024
Economy

India's growth outlook of 8% not official view, says IMF spokesperson

Responding to media inquiries, IMF spokesperson Julie Kozack explained that Subramanian's statements were not made in his role as India's representative at the global agency.

2 min read5 Apr 2024
Economy

Indian economy to grow at 7.5% in 2024: World Bank

Services and industry activity are expected to push India's output growth to reach 7.5% in FY24, as per the World Bank. It added that growth is expected to moderate to 6.6% over the medium term.

1 min read3 Apr 2024
Economy

India's manufacturing hits a 16-year high in March

India's manufacturing PMI improved to 59.1 in March from 56.9 in February, reflecting stronger growth of new orders and renewed job creation. Growth of new orders accelerated to the quickest in nearly three-and-a-half years during March.

4 min read2 Apr 2024
Economy

Primer | What’s driving Indian GDP surge: Public spending or private consumption

Massive capex spending, experts say, has caused GDP growth to accelerate. Private investment, they say, is also showing signs of revival.

2 min read1 Apr 2024
Industry

RBI 90 Years: PM Narendra Modi on Indian banking system, UPI success, taking Indian Rupee global & more | Top 10 Updates

RBI 90 Years: PM Narendra Modi commended the decade-long efforts of his government and the RBI, noting the profitability of the banking sector and the credit growth. He credited the central bank for its significant contribution to these achievements.

2 min read1 Apr 2024
Economy

RBI Monetary Policy Committee Meeting this week: Date, time and what to expect

RBI Monetary Policy Committee Meet: The MPC panel, led by RBI Governor Shaktikanta Das, consists of a total of six members. Das is expected to announce the decision on April 5 at 10 am.

2 min read1 Apr 2024
Economy

Price Cut: 19 kg commercial cylinder decreased by ₹30.50, 5kg FTL cylinder reduced by ₹7.50

The price has been reduced by ₹30.50 for a 19-kg commercial cylinder. From April 1, the price in Delhi has been fixed at 1764.50, said sources. The price of the 5kg FTL cylinder has been decreased by ₹7.50.

1 min read1 Apr 2024
Economy

‘UPSC is boring, there is poverty of aspiration among the youth,’ feels economist Sanjeev Sanyal

Sanjeev Sanyal feels India's youth are not dreaming beyond becoming civil servants, adding that they do not see themselves as Elon Musk or Mukesh Ambani, or Flipkart's Sachin and Binny Bansal amomg

3 min read26 Mar 2024
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Budget

The 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

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