The prospects for Indian agriculture are brightening with the early landfall of the southwest monsoon, highlights the monthly bulletin released by the Reserve Bank of India (RBI) on Wednesday.
To achieve its developmental goals over the next three decades, the Indian economy must grow at a rate of 8-10 per annum over the next decade to reap the demographic dividend that started accruing from 2018 and, as calculations show, will last till 2055, according to an article in the Reserv
India's services exports, in US dollar terms, grew at a robust compound annual growth rate (CAGR) of more than 14 per cent over the last 30 years (between 1993 and 2022), significantly higher than India's merchandise export growth (10.7 per cent) as well as world services export growth (6.8
The article said emerging markets are appearing more resilient than in the year gone by, but their biggest risks in 2023 stem from US monetary policy and the US dollar.
Inflation in India has moderated recently but it is "certainly not out", said the Reserve Bank of India's monthly bulletin released on Tuesday, adding that the price rise has "broadened and become stubborn".