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Exports: Quest for the past
Apart from promoting exports Indian missions abroad should also try to push the interest of Indian corporates and help in building Indian MNCs
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RBI Monetary Policy — Accommodative for long?
The prospects of entering into a low inflation, low interest rate economic scenario will have implications for all of us.
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Manufacturing expands, but Covid-19 second wave weighs on service sector in July
The IHS Markit data contrasted with indicators like export performance, GST collection and E-way bills in FY22
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July exports rise 47.9% on uptick in global orders
However, exports of oilseeds, rice and meat, dairy and poultry products recorded negative growth in the month under review
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Covid-19 second wave turns V to U; apprehension for the third
Several national and global bodies have trimmed India’s GDP growth estimates after the second wave and a third one could send growth even southwards
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Eight core sectors’ output up 8.9% in June
Production of coal, natural gas, refinery products, steel, cement and electricity rose by 7.4%, 20.6%, 2.4%, 25%, 4.3% and 7.2%, respectively, in June
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Western India stands out as Covid hammers biz confidence, reveals NCAER survey
The NCAER observation was supported by the EPFO data that showed Maharashtra and Gujarat accounted for about one-third of all jobs created in May
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Inflation will moderate, expect it to be below 6% in July: CEA
On the growth front, Subramanian said the FY22 number should be within the ballpark of 10.5% as estimated by the finance ministry earlier
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IMF cuts India’s GDP growth forecast to 9.5% for FY22
For 2022-23, IMF expects economic growth of 8.5%, larger than the 6.9% it had projected in April
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FM says no plan to print currency to tide over Covid crisis
She said fundamentals of the economy remain strong and with gradual scaling back of lockdowns, the recovery will gain further steam
