The former bureaucrat said multilateral financial institutions are not equipped to do the same, and there is a need to transform them.
The Survey’s gross domestic product growth projections for 2023-24 and estimates for the current year will be among the most tracked pieces of statistics.
The legal metrology officers across the states have been directed to create awareness among the manufacturers, packers and importers of edible oils to pack the commodity without mentioning temperature and advise them to ensure that the quantity declared on the package is correct.
The Economic Survey for 2022-23 is likely to present a roadmap that will cement India's position as a manufacturing destination for global corporate biggies and also unveil a blueprint on boosting job creation.
High inflation and widening trade deficit that posed macroeconomic stability challenges last year will lessen in severity, but growth will taper off too, Bhandari said in an interview Monday with Bloomberg Television’s Rishaad Salamat. “It’s hard for the two to co-exist.”
Shrinking the deficit which hit a record 9.2% of gross domestic product during the first year of the pandemic is necessary for Asia’s third-largest economy to improve its credit rating currently at the lowest investment grade.
The public address sounded like a manifesto of the ruling LDF government. It was repetitive and didn't have ideas on a way forward
FMCG data show rural demand continues to underperform urban demand
Despite the challenging global economy and next year’s general elections, Economic Survey must prod government to open up further
Prices of the main traded grades for coal used in power plants dropped to their lowest in months last week, and to the weakest in a year in the case of one of the major Australian varieties.
Demographic changes and deglobalisation will keep inflation higher than policymakers were used to pre-pandemic
In a business-as-usual scenario, there won’t be any respite from a high fertiliser subsidy. Things could change if the Modi government plays the hard ball in Budget 2023 by going for measures such as urea decontrol and direct benefit transfer (DBT) or a significant increase in maximum retail price
A treatment that's more effective would be a huge advance. It’s time to put real resources into developing vaccines that offer longer-term protection
The energy-hungry nation said last May it plans to reduce power generation from least 81 coal-fired plants over the next four years, but the proposal did not involve shutting down any of its 179 coal power plants. India has not set a formal timeline for phasing down coal use.
MSME Budget 2023 Expectations: MSME sector experts seek better access to credit for expanding their business, a more simplified tax system, and incentivising structure.
A combination of incentives and tax breaks and clarity on rules will help unleash the animal spirits of India’s start up entrepreneurs
Both Sensex and Nifty have declined 2 percent each in January so far. Major equity markets started gaining since the start of this year.
Fears about systemic risk are groundless
Those forecasts were unchanged from a poll last month, with predictions for a slowdown in GDP growth to 6.0% in the 2023/24 fiscal year from an expected 6.7% in the current one also barely changed.
Fuel stocks are only slightly higher than this time last year, when inadequate coal supplies coupled with higher than normal temperatures in March and April contributed to widespread blackouts.
The western state of Maharashtra, which accounts for more than a third of the country's sugar output, could produce 12.8 million tonnes of sugar in the 2022/23 marketing year that began on Oct. 1, down from an earlier forecast of 13.8 million tonnes, Maharashtra's sugar commissioner Shekhar Gaikwad said.
With inflation soaring to nearly 25 percent, and its interest rate at a 24-year-high of 17 percent, Pakistan appears to be crumbling.
The main expectation from the Union Budget is of a much greater monetary allocation towards mental health, and National Mental Health Programme in particular
The first consignment of 80 barrels of aviation gas (AV gas), each consisting of 16 kilolitres, was shipped from the Jawaharlal Nehru Port Trust (JNPT) to Papua New Guinea over the weekend.
India is on the frontline of the geopolitical conflict -- We need a budget to reflect that fact