International Monetary Fund (IMF) logo. Representational image | Photo Credit: Reuters The recent remarks of Krishnamurthy Subramanian, Executive Director at the International Monetary Fund, about India’s growth figures does not represent the views of the IMF and were in his role as India’s representative at the global body, the IMF has said. “The views conveyed… … Read more
CEA added that India should focus on long-term growth. The Chief Economic Advisor has stressed the need to work humbly towards the target without getting influenced by the joy of victory. The Indian economy was earlier predicted to grow at 7.6 per cent by the Central Government’s second advance estimate for the financial year 2024. … Read more
Finance minister Nirmala Sitharaman (Image: PTI/File) The govt has taken various measures like increasing tax revenue buoyancy, enhancing public expenditure effectiveness, commitment to reducing fiscal deficit To bring down the debt burden, the government has taken various measures like increasing the tax revenue buoyancy, enhancing the public expenditure effectiveness, commitment to reducing fiscal deficit and … Read more
Unfortunately, ‘wise’ , ‘efficient’ and ‘government expenditure’ don’t usually feature in the same sentence. | Getty Images | Photo Credit: Getty Images “The Indian economy is expected to grow at an average rate of 6.7% per annum until the end of the decade,” CRISIL said in its latest report. The economy will grow at this … Read more
India has a new aspiring middle class of 250 million people who will fuel growth, also in the mobility sector, Prime Minister Narendra Modi said in his address at the inaugural edition of the Bharat Mobility Show, adding that automobile and auto component makers have a big role to play in realising their needs and … Read more
Home Education Govt to Set up More Medical Colleges Utilising Existing Hospital Infrastructure: FM Sitharaman Interim Budget 2024-25: During the presentation of the final budget of the Modi 2.0 government, Finance Minister Nirmala Sitharaman announced the government’s plans to establish additional medical col FM Sitharaman said the empowerment of women through entrepreneurship, ease of living … Read more
Representational image of paddy stocked at a market in Uttar Pradesh. Indian exports saw a decline in November 2023 | Photo Credit: Reuters India’s goods exports slipped back into contraction to drop 2.83% in November to $33.9 billion, while imports fell by a sharper 4.33% to $54.48 billion. Compared to October, however, goods exports were … Read more
Image used for representational purpose. | Photo Credit: Reuters Foreign portfolio investors (FPIs) injected ₹26,505 crore into the Indian equity markets in the first six trading sessions of December on expectations of political stability after the BJP stormed to power in three major States and robust economic growth. This came following a net investment of … Read more
NEW DELHI: The Congress on Sunday said Prime Minister Narendra Modi and finance minister Nirmala Sitharaman are “repeatedly talking up” transformative GDP growth based on the recent July-September numbers but what matters more is annual growth rates over a longer period.Annual average GDP growth rate during the UPA government was 8.1 per cent against 5.4 … Read more
NEW DELHI: India has showed that there is no irreconcilable trade-off between growth and distributive justice, and the government is making all efforts to further boost the country’s position as a growth engine, defence minister Rajnath Singh said on Saturday.In an address at the annual general meeting of FICCI, Singh said India, as the fastest … Read more
