The Rajya Sabha has adjourned for the day after Finance Minister Nirmala Sitharaman tabled the Economic Survey, 2022-23 with its Highlights and Statistical Appendix.
Prime Minister Narendra Modi, ahead of the commencement of the Budget Session of the Parliament on Tuesday, said that India's budget will attempt to meet the aspirations of the common citizens amid the unstable global economic situation.
Union finance minister Nirmala Sitharaman will table the pre-Budget document in the Parliament after President Droupadi Murmu's address to the joint sitting of the two houses of Parliament.
Doval and Ambassador of India to the US, Taranjit Singh Sandhu highlighted India's remarkable capacity for technology development and absorption and emphasized India's use of technology not only as an enabler of economic growth but as an instrument of social inclusion.
Adani Enterprises' shares were trading in the green as the market opened on Tuesday while other group firms such Adani Wilmar, Adani Transmission and Adani Total Gas were trading in the negative territory in the morning.
According to the update, IMF said growth in India is set to decline from 6.8 per cent in 2022 to 6.1 per cent in 2023 before picking up to 6.8 per cent in 2024, with resilient domestic demand despite external headwinds.
Pakistani's economy has reached rock bottom as the rupee plummeted to 250 against the US dollar and the value of currency depreciated, marking the worst economic crisis since the nation formed, Asian Lite reported.
According to a Pakistani television broadcast citing the sources, Pakistan and the IMF, who arrived today, will hold technical talks for the first four days, wherein economic data from different departments will be reviewed.
The Economic Survey document, formulated under the supervision of the chief economic adviser V Anantha Nageswaran, will give insights into the state of the economy and various indicators in the current financial year 2022-23 (April-March) and some outlook for the next year.
Pakistan's Minister for Defence Khawaja Muhammad Asif on Sunday accused Pakistan Tehreek-e-Insaf (PTI) supremo Imran Khan of taking Pakistan into bloodshed and chaos, adding that the former prime minister should stop calling the army for help and do politics alone as no one will help him now
The Diplomat said the black market is dominated by the flow of US dollars across the Afghanistan-Pakistan border, which unifies the economic crises of the two countries.