Tag: indian economy
India fiscal deficit: India’s FY23 fiscal deficit narrows to 6.4%, meets budgeted target
India’s fiscal deficit of 6.4% for the last financial year ended Mar. 31 narrowed from a year earlier and also met New Delhi’s target, aided…
Service sector cushions India’s economy from high interest rates
India’s economic growth probably matched government estimates as demand spurred an expansion in the services sector and cushioned the impact of elevated interest rates. Data…
India poised for world-beating growth, says CEA V Anantha Nageswaran
India’s strong credit demand and softening crude oil prices could buoy the economy, putting the South Asian country on course for a 6.5% expansion this…
india exports: India’s economy is buzzing but weaker exports could be a drag
India’s economic activity picked up pace in April on record tax collections and a booming services sector though rising unemployment and weaker trade metrics could…
What India’s decision to scrap its Rs 2000 note means for its economy
India will withdraw its highest denomination currency note from circulation, the central bank said on Friday. The 2000-rupee note, introduced into circulation in 2016, will…
RBI withdraws Rs 2,000 notes from circulation; public gets time to exchange it till September 30 – The Economic Times Video
Currency notes of Rs 2,000 denomination will be withdrawn from circulation, said a Reserve Bank of India circular dated May 19. The notes will continue…
Rs 2,000 notes to be withdrawn from circulation, to continue as legal tender till September 30
Currency notes of Rs 2,000 denomination will be withdrawn from circulation, said a Reserve Bank of India circular dated May 19. The notes will continue…
Indian banks resilient, impact of US turmoil expected to be limited: Report
Indian banking system is better positioned to tackle rising interest rates and the impact of the ongoing US banking turmoil on Indian lending conditions is…
Indian Diaspora: Indian economy benefited from diaspora: RBI’s Michael Patra
The Indian diaspora contributed substantially to the country’s forex reserves pile-up. In addition to sending record amounts- $108 billion – as remittances to their families…
Enhanced competitiveness of India’s economy will attract more investments: PHDCCI
Industry body PHDCCI on Wednesday said enhanced competitiveness of the Indian economy will attract more investments and create new employment opportunities for the growing young…