Tag: indian economy

Govt set to overshoot FY22 tax collection target as Q1 mop-up reaches Rs 5.6 lakh cr: Icra

With the first quarter gross tax mop-up reaching Rs 5.6 lakh crore, Ratings on Friday said the government is set to exceed the budgeted tax...

Numbers that matter: State of an economy interrupted, in charts

(This story originally appeared in on Jul 16, 2021) The gradual fall in Covid-19 cases and subsequent aggressive vaccination drive across the country has brightened...

Rates will likely remain on hold in calendar year 2021 and even beyond that: Devendra Pant, India Ratings

Dr Devendra Pant, India Ratings & Research, talks about the latest inflation and IIP print in an interview to ET Now’s Tamanna Inamdar. Edited excerpts:...

Aditi Nayar: Likelihood of a move towards a neutral stance and some increase in rates in Q4: Aditi Nayar, ICRA

Aditi Nayar, Prinicipal Economist, , talks about the latest headline numbers in an interview to ET Now’s Tamanna Inamdar. Edited excerpts: Tamanna Inamdar: Your take...

Indian economy takes a breather in May before gaining momentum

India’s economy showed more signs of cooling in May, but the weakness is already beginning to dissipate of late as the nation exits lockdowns imposed...

Citigroup: This festive season will be economy’s litmus test: Samiran Chakraborty, Citi

It has been seen globally that the moment vaccination gathers pace, consumer sentiment changes very substantially, Samiran Chakraborty, Chief Economist-India, Citi, tells ET Now’s Nikunj...

The Alluring Twenties: What would it take to replicate the 1920s?

A year ago, prospects for the global economy seemed bleak. Economic activity had come to a screeching halt amidst nation-wide lockdowns and trade disruptions. Industrial...

RBI delivers a booster dose in policy review

As the RBI’s monetary policy committee (MPC) met on Friday, it was generally expected that it would not signal any interest rate change. The reason...

Monetary policy meet: RBI declares its determination to keep borrowing costs low for govt, corporates

The Reserve Bank of India declared its determination to keep borrowing costs low for the government as well as corporates by buying more bonds from...

indian economy: Local lockdowns temper India’s economic activity in April

India’s economic activity showed signs of beginning to cool off in April as several states resorted to lockdowns to control a deadly second wave of...

India China News: India, China, South Africa fared ‘relatively better’ than other major economies in Q1 of 2021: UN

India, China and South Africa have fared “relatively better” than other major economies in imports and exports in the first quarter of this year, according...

Moody’s cuts India’s growth forecast to 9.3 pc, risks of longer-term economic recovery scarring

Moody’s Investors Service on Tuesday slashed India’s growth forecast for the current financial year to 9.3 per cent saying that the second wave of coronavirus...

India Fiscal deficit: India to breach fiscal deficit target in FY22: Fitch Solutions

India is likely to breach its fiscal deficit target in the financial year to March 2022 mainly due to revenue shortfall, Fitch Solutions said Friday....

World’s fastest recovery outlook at risk as virus sweeps India

Just two weeks ago, the International Monetary Fund upgraded India’s economic growth forecast to 12.5% — the quickest rate among major economies. Now, as Covid-19...

IMF projects India’s growth rate to jump to impressive 12.5 per cent in 2021

The IMF on Tuesday projected an impressive 12.5 per cent growth rate for India in 2021, stronger than that of China, the only major economy...

India well prepared to combat second wave of COVID-19: FinMin report

Having successfully managed the first wave of the coronavirus pandemic, India is well prepared to combat the scourge of the second wave, the Finance Ministry‘s...

Indian growth outlook brightens but COVID-19 casting a shadow

India’s economy will grow at a faster pace this fiscal year than previously thought, according to a Reuters poll of economists who warned a surge...

CEA Krishnamurthy Subramanian explains the economic rationale behind Modi govt’s policy response to Covid

How did India handle the previous two economic crises — the Asian and the global financial crises? What can we learn from them to understand...

How domestic and foreign companies are upbeat about PLI scheme to make India a manufacturing powerhouse

Computers to lightbulbs, air conditioners to washing machines, phones to medicines, factories in India don’t make the whole product across several categories. What goes for...

India’s high priority for now should be to grow at 7-8 pc: Former RBI guv Jalan

New Delhi: Describing the Budget 2021-22 as “extremely good”, former RBI governor Bimal Jalan on Tuesday said that India’s high priority for now should be...

You spend on infra and you create a capital asset, jobs, demand: Nirmala Sitharaman

Your budget has been described as one of the great recent budgets. Were you expecting such a reaction? Our priority was only to make sure...

indian economy: Vaccination plan for an ailing Indian economy: Job creation agenda needs a reset

As we eagerly wait for a historic budget in once-in-a-lifetime situation of Covid-19, the issue of resilience, both economic and societal, becomes extremely significant going...

Indian economy to get shot in the arm from Budget 2021: Economists

India’s path to economic recovery will be stronger than previously thought as fiscal expansion and vaccine hopes help the country heal from COVID-19, a Reuters...

Indian economy estimated to contract by 9.6% in 2020: UN report

United Nations: India’s economy is estimated to contract by 9.6 per cent in 2020, as lockdowns and other containment efforts to control COVID-19 slashed domestic...

indian economy: India likely to outperform Asian economies, clock 12.8% growth in 2021: Nomura

Sonal Varma, MD & Chief Economist (India and Asia ex-Japan) Saion Mukherjee, MD & Head of India Equity Research, Nomura, in conversation with ET Now....