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Arup Roychoudhury

Arup Roychoudhury

Arup Roychoudhury

Jaitley and Sitharaman: A look at divestment under the two NDA FMs

In his early days, PM Modi had said that the government would get out of most sectors, a vision which was given credence through the new policy of 'strategic sectors' announced by Sitharaman in 2020

Jaitley and Sitharaman: A look at divestment under the two NDA FMs
Updated On : 06 Jun 2023 | 3:13 PM IST

FMCG, auto data shows rural demand is coming back: CII President R Dinesh

We are projecting FY24 GDP growth at 6.5-6.7 per cent. We believe 6.5 per cent will be achievable, even in a slightly negative scenario. And 6.7 per cent is our belief, let me put it that way

FMCG, auto data shows rural demand is coming back: CII President R Dinesh
Updated On : 04 Jun 2023 | 8:28 PM IST

India's FY24 GDP data: Spate of forecast hikes, but not all agree

Some say El Niño conditions may prove to be a headwind for the economy

India's FY24 GDP data: Spate of forecast hikes, but not all agree
Updated On : 01 Jun 2023 | 9:40 PM IST

'Solid performance' to continue in FY24: CEA V Anantha Nageswaran

He said core and food inflation both came down, with a bumper harvest and healthy prospects for kharif season

'Solid performance' to continue in FY24: CEA V Anantha Nageswaran
Updated On : 31 May 2023 | 9:40 PM IST

Household consumption still weak, but private sector capex shows revival

On a nominal basis, gross fixed capital formation (GFCF), a proxy for infrastructure investment, contributed 29.2 per cent to FY23 GDP

Household consumption still weak, but private sector capex shows revival
Updated On : 31 May 2023 | 9:18 PM IST

GDP preview: Why is India likely to retain fastest-growing economy tag

Growth in services and manufacturing and private investment rebound likely to have helped economy in Q4

GDP preview: Why is India likely to retain fastest-growing economy tag
Updated On : 31 May 2023 | 11:30 AM IST

Asian Development Bank to focus on urban schemes in new India strategy

The new strategy will focus on ADB deepening its engagement with the country and supporting India's drive for robust, climate-resilient, and inclusive growth

Asian Development Bank to focus on urban schemes in new India strategy
Updated On : 30 May 2023 | 8:28 PM IST

GDP preview: Strong growth seen in Q4 on services rebound, pvt investment

While consumption recovery remains strong in urban areas, the rural market is also showing nascent sign of recovery as real wage growth turns positive

GDP preview: Strong growth seen in Q4 on services rebound, pvt investment
Updated On : 28 May 2023 | 8:12 PM IST

Don't see another US Fed rate hike soon, says CEA V Anantha Nageswaran

Steel, cement sectors in India ready for greenfield investment, says Nageswaran

Don't see another US Fed rate hike soon, says CEA V Anantha Nageswaran
Updated On : 25 May 2023 | 8:52 PM IST

Inflation war not over; FY23 growth may top 7%: RBI Guv Shaktikanta Das

'Withdrawal of Rs 2K notes to be completed in non-disruptive manner'

Inflation war not over; FY23 growth may top 7%: RBI Guv Shaktikanta Das
Updated On : 24 May 2023 | 10:05 PM IST

April macroeconomic data shows strong start to FY24: Finance Ministry

The report stated that inflationary pressures across countries are waning with commodity prices easing in the current year following weakened prospects for global demand and improving supply chains

April macroeconomic data shows strong start to FY24: Finance Ministry
Updated On : 22 May 2023 | 9:13 PM IST

RBI's Rs 87,416-cr surplus provides a welcome fiscal boost for Centre

This is not the first time that the RBI has paid a windfall surplus to the Centre

RBI's Rs 87,416-cr surplus provides a welcome fiscal boost for Centre
Updated On : 19 May 2023 | 7:44 PM IST

Senior citizens scheme sees investment of over Rs 10,000 crore in April

The interest rate for SCSS was increased to 8.2% from 8%, and that of the monthly income scheme was increased to 7.4% from 7.1%

Senior citizens scheme sees investment of over Rs 10,000 crore in April
Updated On : 18 May 2023 | 8:46 PM IST

Govt expects Reserve Bank surplus to easily surpass Budget targets

Arora pegged the government's budgeted expectation just from the RBI dividend at Rs 38,000-40,000 crore for FY24, which is set to be easily crossed now

Govt expects Reserve Bank surplus to easily surpass Budget targets
Updated On : 17 May 2023 | 9:56 PM IST

US default probability low, but may impact Indian markets: Analysts

But if it does happen, it will be negative for all emerging markets as the US, simply put, would have run out of money

US default probability low, but may impact Indian markets: Analysts
Updated On : 14 May 2023 | 8:17 PM IST

Developing nations need to provide digital solutions for citizens: FM

Addressing G7 meet in Japan, Sitharaman highlighted that access to digital connectivity has empowered people and there is a need to discuss ways to measure empowerment going beyond GDP indicators

Developing nations need to provide digital solutions for citizens: FM
Updated On : 12 May 2023 | 9:45 PM IST

India's economic growth prospects have brightened, says Fitch Ratings

Agency says robust growth outlook offset by weak public finances

India's economic growth prospects have brightened, says Fitch Ratings
Updated On : 09 May 2023 | 7:42 PM IST

Multilateral banks not fit for purpose in 21st century: Singh & Summers

The two men have been tasked by G-20 (headed by India this year) to be in charge of an expert group to formulate a detailed plan for reforms in multilateral institutions

Multilateral banks not fit for purpose in 21st century: Singh & Summers
Updated On : 09 May 2023 | 9:06 PM IST

FSDC discusses need for more early warning indicators for economy

'Ensuring financial stability is shared responsibility'

FSDC discusses need for more early warning indicators for economy
Updated On : 08 May 2023 | 9:55 PM IST

Finance ministry's May economic report may be FY23 Eco Survey update

It could be the first time that CEA would use MER to give a detailed analysis of last FY

Finance ministry's May economic report may be FY23 Eco Survey update
Updated On : 07 May 2023 | 9:00 PM IST