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Homec > Economy

Economy

Forex reserves decline $4 billion to $603.93 billion
The foreign currency assets, a major component of the overall reserves, declined by $1.918 billion to $561.540 billion for the reporting week
Apprenticeship reloaded: Move afoot to make system flexible to address job generation
One of the legislative changes that are being discussed is that companies can send apprentices to operations abroad
Govt to study Covid data to decide on economic intervention
Sanjeev Sanyal made the statement amid criticism of the government for its alleged poor planning which led to hardship to people and the economy
S&P cuts India’s FY22 growth forecast to 9.5%
GDP growth in the current FY was estimated to be in double digits initially, but second Covid wave has led to various agencies cut growth projections
Moody’s cuts India growth forecast for 2021 to 9.6%
Indian economy contracted by 7.3 per cent in fiscal 2020-21 as the country battled the first wave of Covid, as against a 4 per cent growth in 2019-20
Economy recovery tracker up for the fifth consecutive week: QuantEco
There is a gradual but steady decline in the CMIE unemployment index mirroring expanding economic activity
Microfinance: Here’s how this RBI step is going to benefit borrowers
Microfinance has helped poor people with small loans for start tiny enterprise but it has also overburdened many with unsustainable debt
Is $600 billion forex reserve adequate for Indian economy?
Though higher reserves help in cushioning domestic economy from external shocks, we must be mindful of the opportunity costs associated with them
Indications of revival in economic activity: Survey
About 60% of 212 companies, which participated in the survey, said there was a high impact on their businesses due to the state-level lockdowns
Need calibrated steps to support economic recovery: PHDCCI
Trade and industry have to be rejuvenated for achieving a high economic growth trajectory in 2021-22, PHDCCI President Sanjay Aggarwal said

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