Search For "gdp"
India expected to see double-digit, 11 pc growth in coming year: Jaishanka
Updated : 5 years, 1 month ago IST
Vijayawada (Andhra Pradesh) [India], February 6 (ANI): External Affairs S Jaishankar said on Saturday that the country is expected to see 11 per GDP cent growth in the coming year.
Read More
Rise in sovereign debt to end in 2023: S&P
Updated : 5 years, 1 month ago IST
Singapore, February 5 (ANI): Reflecting increased public spending to deal with the Covid-19 crisis, S&P Global Ratings has projected that median general government debt for all rated 135 sovereigns will rise by end-2021 to a record 62.6 per cent of GDP.
Read More
RBI keeps repo rate unchanged at 4 pc, pegs GDP growth at 10.5 pc
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], February 5 (ANI): The Reserve Bank of India (RBI) on Friday kept the repo rate and reverse repo rate unchanged at 4 per cent and 3.35 per cent respectively while continuing the accommodative stance.
Read More
Corporate Affairs Ministry revises threshold for paid-up capital, turnover
Updated : 5 years, 1 month ago IST
New Delhi [India], February 3 (ANI): The Corporate Affairs Ministry has revised the definition of small companies under the Companies Act by increasing their thresholds for paid-up capital from "not exceeding Rs 50 lakh" to "not exceeding Rs two crore" and turnover from "not exceeding Rs tw
Read More
Deficit targets in India's Budget are higher: Fitch
Updated : 5 years, 1 month ago IST
Singapore, February 2 (ANI): Deficit targets presented in India's Budget are higher and medium-term consolidation more gradual than expected, Fitch Ratings said on Tuesday.
Read More
India's bigger Budget is a shot in the arm for economy: S&P
Updated : 5 years, 1 month ago IST
Singapore, February 2 (ANI): India's Budget for fiscal 2022 (ending March 31, 2022) represents a comprehensive effort by the Central government to shore up the country's nascent economic recovery, S&P Global Rating said on Tuesday.
Read More
Budget ignores fact that GDP is in 37th month of decline: Congress leader
Updated : 5 years, 1 month ago IST
New Delhi [India], February 1 (ANI): Manish Tewari, MP and Congress national spokesperson, said on Monday that Union finance minister Nirmala Sitharaman's budget is oblivious of the fact that the Gross Domestic Product is in its 37th month of decline and the country now faces its worst crisi
Read More
FY21 fiscal deficit at 9.5 pc of GDP
Updated : 5 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI): Finance Minister Nirmala Sitharaman said on Monday the fiscal deficit for FY21 has been pegged at 9.5 per cent of the GDP and will come down to 6.8 per cent in FY22.
Read More
Contact-sensitive sector, coupled with momentum in manufacturing, others w
Updated : 5 years, 1 month ago IST
New Delhi [India], January 30 (ANI): As COVID-19 vaccinations are being done at a "good pace", the contact-sensitive sector along with momentum in manufacturing and other service sectors will contribute to the GDP growth, said Chief Economic Advisor Krishnamurthy Subramanian while giving the
Read More
Economic Survey recommends increasing public health spending to 2.5-3% of
Updated : 5 years, 1 month ago IST
New Delhi [India], January 29 (ANI): The Economic Survey has strongly recommended an increase in public spending on healthcare services from 1 per cent to 2.5 to 3 per cent of GDP as envisaged in the National Health Policy 2017.
Read More
Survey calls for more active, counter-cyclical fiscal policy
Updated : 5 years, 1 month ago IST
New Delhi [India], January 29 (ANI): India's primary deficit (Centre and states) for FY21 is assumed to be 6.8 per cent of GDP, according to the Economic Survey tabled in Parliament on Friday.
Read More
IMF projects 11.5 pc GDP growth, experts say India to achieve USD 5 trilli
Updated : 5 years, 1 month ago IST
New Delhi [India], January 27 (ANI): With International Monetary Fund (IMF) projecting that India will reclaim the status of world's fastest-growing economy and projected its growth at 11.5 per cent in 2021, experts on Wednesday said that India is rebounding to achieve the target of a USD 5
Read More