India buys three times as much from China as it sells there, and the gap is growing fast. New Delhi’s chosen response, patient negotiation rather than retaliation, is not closing it. The... Read more »
The International Monetary Fund thinks India will grow faster than any other major economy. Domestic forecasters think wholesale inflation is about to cross 12%. Both can be true, and that combination is... Read more »
The fund raised its growth forecast for India to 7%, one of the biggest upgrades among major economies. The irony is that it comes in a year when Indian shares have fallen... Read more »
Merchandise exports rose 23% in September, the kind of growth India hasn’t seen in years. A cheaper currency, strong electronics shipments and lower gold imports helped. But oil still keeps the trade... Read more »
Net direct tax collections rose 13% this year, driven by a jump in corporate tax. The surprise is securities transaction tax, up 52%. That number may complicate the government’s new openness to... Read more »
New curbs on currency speculation and direct dollar supply to oil companies gave the rupee its best rally in six months. But record foreign outflows and oil above $100 mean the pressure ... Read more »
The Indian Economy will grow at over seven per cent, down from above eight percent growth rate projected in January this year, said Chief Economic Advisor V Anantha Nageswaran on Tuesday at... Read more »
GDP growth rate at 5.4 per cent in India for Q3 FY 2021-22 is inspiring, as there was severe impact of the 3rd wave on the economic activity during Q3 2021-22, according to... Read more »
The GDP growth for 2022-23 is expected to touch 8 to 8.5 per cent as the economic activity rebounds to pre-pandemic level, say economy experts in a nation-wide survey. After the disastrous... Read more »
Economic activity for the month of December 2021 has been recorded at the highest level during the year as the Economy GPS Index of PHDCCI went up at 127.7, supported by the... Read more »