Tag: economic growth india
Finance Minister Nirmala Sitharaman urges PSBs to sharpen youth outreach, build ahead of demand
New Delhi: Finance minister Nirmala Sitharaman on Tuesday urged public sector banks (PSBs) to develop strategies to attract the youth based on their products, regional…
India can raise per capita income six-fold by ’47: NITI Vice Chairman
New Delhi: India can increase its per capita income more than six-fold over the next two decades, making its goal of becoming a developed economy…
India’s private sector growth slows to three-month low in June as demand weakens, costs rise: HSBC PMI
New Delhi: Private sector growth in the country slowed to a three-month low in June, as increasing costs and declining demand weigh on business momentum,…
India’s productivity gap with China widens despite strong GDP growth; manufacturing leap still missing: Report
New Delhi: India‘s labour productivity gap with China has widened by more than USD 30,000 per worker since 2000, despite decades of strong economic growth,…
‘US trying to pressure India… but it will resist such efforts’: Putin backs New Delhi, eyes $100 billion trade
Russian President Vladimir Putin on Thursday backed India’s strategic autonomy amid growing US pressure over New Delhi’s ties with Moscow, while expressing confidence that bilateral…
India-US trade deal could further boost already vibrant trade corridor: Citi India CEO
New Delhi: The proposed India-US trade agreement is expected to further strengthen trade and investment flows between the two countries and provide an additional boost…
India industrial output grows 4.9% in April as new IIP series shows manufacturing-led recovery
New Delhi: India’s industrial output grew 4.9% on-year in April, the first print of a new Index of Industrial Production (IIP) series that has 2022-23…
India services growth picks up in April on strong domestic demand, PMI shows
BENGALURU: India’s services sector growth picked up in April after falling to a 14-month low in March, driven by strong demand at home that offset…
Impact on growth and inflation to depend on duration of West Asia conflict: MPC says
Kolkata: Reserve Bank of India’s monetary policymakers said a prolonged West Asia conflict could cast a long shadow on economic growth and inflation, although the…
India’s strong fundamentals to cushion oil shock, growth may slow up to 80 bps: S&P Global Ratings
New Delhi: India’s robust macroeconomic and financial sector fundamentals are likely to cushion the impact of a sustained oil price shock, though economic growth could…