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India to remain fastest-growing major economy in the world during 2021-24,
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): India will remain the fastest-growing major economy in the world during 2021-24, as per the projections of the World Bank, Asian Development Bank and International Monetary Fund, according to the Economic Survey 2021-22 released on Monday.
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Agriculture sector grew at 3.6 per cent in 2020-21: Economic Survey
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): The Agriculture sector has experienced buoyant growth in the past two years, growing at 3.9 per cent in 2021-22 and 3.6 per cent in 2020-21, the Economic Survey presented in Parliament on Monday said.
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Macroeconomic stability indicators suggest economy well placed to take on
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): Macroeconomic stability indicators suggest that the Indian economy is well placed to take on the challenges of 2022-23, the Economic Survey 2021-22 released on Monday said.
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Among major emerging market economies, Indian markets outperformed peers i
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): The year-on-year bank credit growth in India accelerated gradually in 2021-22 from 5.3 per cent in April 2021 to 9.2 per cent as on December 31, 2021, according to Economic Survey tabled in the parliament on Monday.
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Industrial sector likely to grow by 11.8 pc this fiscal: Economic Survey
Updated : 3 years, 11 months ago IST
New Delhi [India], February 1 (ANI): Gradual unlocking of the economy, record vaccinations, improvement in consumer demand, continued policy support towards industries by the Government in the form of Atma Nirbhar Bharat Abhiyan and further reinforcements in 2021-22 have led to an upturn
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Govt's supply-side reforms preparing economy for sustained long-term expan
Updated : 4 years, 1 month ago IST
New Delhi [India], January 31 (ANI): The economic impact of the "second wave" of COVID-19 was much smaller than that during the full lockdown phase in 2020-21, though the health impact was more severe, according to the Economic Survey 2021-22 tabled in the parliament on Monday.
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Capital expenditure for Railways sees substantial increase in 2020-21, bud
Updated : 4 years, 1 month ago IST
New Delhi [India], January 31 (ANI): The capital expenditure for the Indian Railways saw a substantial increase in 2020-21 as compared to the average annual during 2009-14 and it has been budgeted to further increase in 2021-22, according to the Economic Survey tabled in the Parliament on Mo
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Indian Oil Q3 net profit jumps 19 pc on higher refining margin
Updated : 4 years, 1 month ago IST
New Delhi [India], January 31 (ANI): Indian Oil Corporation Ltd reported a standalone net profit of Rs 5,861 crore for the December quarter of the fiscal year 2021-22 (Q3 FY22), a 19.19 per cent rise from a net profit of Rs 4,917 crore during the same period of the last financial year (FY21)
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Retail inflation remains moderate during current year, says Economic Surve
Updated : 4 years, 1 month ago IST
New Delhi [India], January 31 (ANI): The retail inflation, as measured by Consumer Price Index-Combined (CPI-C) has moderated to 5.2 per cent in 2021-22 (April-December) from 6.6 per cent in the corresponding period of 2020-21, says the Economic Survey 2021-22 presented by Finance Minister N
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Government receives 89.1 per cent of corresponding BE 2021-22 of total rec
Updated : 4 years, 1 month ago IST
New Delhi [India], January 31 (ANI): The Centre has received Rs 17,61,692 crore (89.1 per cent of corresponding BE 2021-22 of total receipts) up to December 2021 comprising Rs 14,73,809 crore tax revenue (net to central government), Rs 2,59,414 crore of non-tax revenue and Rs 28,469 crore
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Indian Oil Q3 net profit jumps 19 pc on higher refining margin
Updated : 4 years, 1 month ago IST
New Delhi [India], January 31 (ANI): Indian Oil Corporation Limited reported a standalone net profit of Rs 5,861 crore for the December quarter of the fiscal year 2021-22, a 19.19 per cent rise from a net profit of Rs 4,917 crore during the same period of the last financial year (FY21).
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FIH Hockey Pro League: Indian women's team begins campaign with 7-1 win ov
Updated : 4 years, 1 month ago IST
Muscat [Oman], January 31 (ANI): The Indian women's hockey team began their debut campaign in the FIH Hockey Pro League 2021/22 with a resounding 7 - 1 win over China in the Sultan Qaboos Complex in Muscat on Monday.
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