The coming financial year may not bring hope for Pakistan as most economic sectors are on the decline. The country's imports are hit because of extremely low forex reserves. Pakistan has also agreed to meet all conditions of the International Monetary Fund (IMF) despite having a history of n
Satna (Madhya Pradesh) [India], January 31 (ANI/NewsVoir): People from all over the country visit Sharda Devi in Maihar and enjoy a safe and pleasant ropeway experience.
During the press conference which took place after the Survey was presented in the House today, CEA Nageswaran said, "Recovery of economy is complete; non-banking and corporate sectors now have healthy balance sheets, hence, we don't have to speak of pandemic recovery anymore, we have to loo
New Delhi [India], January 31 (ANI/PRNewswire): Credit gaps in India declined by 12.01 percentage points in seven years between 2015 and 2022 as against a mere 6.22 percentage points drop in the previous 14 years between 2001 and 2015, showing impressive outcome of the Financial Inclusion in
Indian economy is expected to grow at 7 per cent (in real terms) during the financial year ending March 2023, according to the Economic Survey for 2022-23 released on Tuesday.
During the mentioned period of 2022-23, the capex spending on housing and urban affairs was Rs 11,000 crore as against Rs 17,000 crore same period last year. The Budgeted capex estimate for entire 2022-23 financial was Rs 27,000 crore.
Capital expenditure spending in India increased by 63.4 per cent in the first eight months of 2022-23, according to the Economic Survey document for 2022-23 which, projected the capex rise as another growth driver of the Indian economy.
The Survey said, "Merchandise exports were USD 332.8 billion over April-December 2022 against USD 305 billion during the period April-December 2021. Nonpetroleum and non-gems and jewellery exports in April-December 2022 were USD 233.5 billion, as compared to USD 230 billion in April-December
The Economic Survey document said the growth projection is broadly comparable to the estimates provided by multilateral agencies such as the World Bank, the IMF, the Asian Development Bank and the Reserve Bank of India.