The "Hindu rate of growth" is a derogatory description of the low annual growth rate of the pre-1991 Indian economy, which stagnated around 3.5% from 1950s to 1980s, while per capita income growth averaged 1.3%. In what appears to be an exaggeration, theFinancial Timesin its latest issue...
India's economy sustained its robust growth trajectory in FY2023-24.The latest ffgures from the Ministry of Statistics and Program Implementation (MOSPI) project an impressive GDP growth rate of 8.2% for the ffscal year 2024, marking a substantial leap from the 7.0% recorded in the preceding ...
To have an idea about the trend of wholesale price index number and the rate of inflation during the period from 1981–82 to 2011–12, this research work uses the various price index numbers which are deflated to the base year 2004–05 and their growth in various decades is analysed. For...
The Indian Economy which was billed as the “fastest growing major economy” in the world and the “only bright spot” among Emerging Markets seems to have slowed down even before the latest “shock therapy” of “demonetization”. Indeed, the recently released growth figures from the CSO or ...
What is the interaction between the GDP growth rate and rate of inflation, with respect to the Indian economy? GDP growth: An increase in the level of gross domestic product is there an increase in economic growth. Economic growth can be seen with an in...
USD/INR exchange rate. Charts, forecast poll, current trading positions and technical analysis. Keep informed on USD/INR updates.
Economic growth in India has generally unsuccessful to maintain balance between growth of productivity and occupation. During the first thirty years after embarking on the planned economic development, the economy grew at a comparatively low rate averaging about 3.5 per cent per annum. The ...
growth momentum in 2024 and remain the land of stability against the backdrop of a volatile global economy. The majority of the high-frequency indicators are trending upwards and the uptick from the pre-Covid levels is visible, indicating the resilience of the Indian economy," the report said...
newIndia to continue resilient growth in 2025, RBI may do modest interest rate easing: S&P India's economy is expected to grow. S&P forecasts 6.8% growth this fiscal year and 6.9% next year. Strong urban consumption and infrastructure investment will drive growth. Inflation is expected to...
India’s real GDP growth rate of the past 20 years has averaged 6%–7% annually1 –which is higher than many developed and emerging markets – and we expect this trend to continue. Why do we think so? The administration of Prime Minister Narendra Modi has focused on s...