In the context, growth forecast of the Indian economy has been lowered. The RBI slashed its forecast for economic growth this fiscal year to 7.2 percent from 7.8 percent. The International Monetary Fund (IMF), in its latest World Economic Outlook report, has cut its 2022 growth forecast for ...
India, the world’s fastest-growing big country, is expanding at an annual rate of 6-7%. New data show private-sector confidence at its highest since 2010. Already the fifth-largest economy, it may rank third by 2027, after America and China. India’scloutis showing up in new ways. 印...
India had a general election in April-June this year, and the budget and the survey were eagerly awaited as the survey looks back at what happened in the Indian economy during the last 12 months and also gives an idea of how the economy will do in the current year. The survey provides ...
On Tuesday the Indian government released its GDP data for the last quarter of 2022. Growth slipped to 4.4% year on year, from 6.3% in the previous quarter. Inflation and the central bank’s interest-rate increases have hurt consumption, while the global slowdown has hit exports. ...
Bangalore, a city of eight million that has attractedinternational technology companies, has...Harris, Gardiner
Elephant on the move: India’s economy gathers momentum Despite setbacks due to the COVID-19 pandemic, India’s potential as a growing market and economic partner proves strong, as evidenced by its astonishing rate of recovery and the keen international interest in investment. Global investo...
原文:“Trade is the backbone of India’s economic growth, and the expansion of trade ties with other countries has played a pivotal role in the development of the Indian economy.” 翻译为:“贸易是印度经济增长的支柱,与其他国家扩大贸易关系在印度经济发展中发挥了至关重要的作用。” 这一句突出了贸...
Strengthening the position of India globally, its economy, manufacturing facilities, and infrastructure facilities were some other highlights of the manifesto, as were fighting terrorism and border protection. Cultural development and preservation, good governance, technological innovations, and sustainability ...
A modest recovery in private investment:While modest consumption demand has been one of the factors driving low private sector investments, global uncertainties about future trade, investment outlook, and changing technology and its impact too had dampened investors’ sentiments. Subdued corporate profits...
India's economy was hard hit by the COVID-19 pandemic in 2020 and 2021. Its second-quarter 2020 GDP came in nearly 24% below the second quarter of 2019 as the pandemic precipitated restrictions on all non-essential businesses, sharply curtailing economic activity.3The economy has rebounded in...