Tag: India Economy
The $138 bn buffer: India’s most visible export can rescue the rupee
As the Indian rupee slides past the historic 96 mark against the US dollar and oil-induced pressures threaten to balloon the current account deficit to…
India’s post-2014 economic transformation became anchor of India-US ties, says Foreign Secretary Vinay Kwatra
India’s Post-2014 Economic Transformation Became Anchor of India-US Ties, Says Foreign Secretary Vinay Kwatra Washington: India’s economic transformation since 2014 has been the anchor point…
RBI likely to pay a big dividend to Centre
MUMBAI: The board of the Reserve Bank of India (RBI) will meet on May 22 to consider a record surplus transfer to the government for…
WPI inflation crossing 10% mark not a tail risk but a near-term base case: Report
The recent Rs 3 hike in petrol and diesel prices, announced after the Prime Minister’s national exhortation for austerity, was widely anticipated, according to a…
India’s economic strength defies foreign outflow fears, S&P Says
India is weathering global financial pressures better than headline data suggest, with worries over foreign outflows overstated, according to S&P Global Ratings. The country has…
Uday Kotak puts India’s troubles in perspective as the economy swings between hope and despair in the wake of Iran war
India may have been too much and too long in a comfort zone and even a little paranoia will help the country find powerful, permanent…
To hit $30 trillion mark by 2047, India needs 12% growth: Chief Economic Advisor V Nageswaran
Chief Economic Advisor V Anantha Nageswaran on Thursday said India can achieve a 30 trillion dollar economy by the centenary year of its Independence, provided…
Forex reserves rise to $703 billion; rupee slips 14 paise
Mumbai: India’s foreign exchange reserves rose by $2.3 billion to $703 billion in the week ended April 17, mainly due to an increase in foreign…
Short-term fluctuations, including FDI outflows closely monitored: RBI’s Sanjay Malhotra
New York: Short-term fluctuations, including net FDI outflows and exchange rate movements, are cyclical in nature and are being closely monitored, RBI Governor Sanjay Malhotra…
India’s economy projected to grow at 6.4% this year: UN
India’s economy is projected to grow at 6.4 per cent this year and 6.6 per cent in 2027, according to a report by the United…