Geopolitical risks, hardening commodity prices may push it up more: Experts
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There is no question of a slowdown or recession, said Sitharaman, as she cited an estimated 9.2 per cent GDP growth in the current fiscal year ending March 31
If the government thinks growth is the solution, can it be delivered in a slowing world with rising rates - within the domestic context of slower growth even before the pandemic, asks T N Ninan
Sitharaman's Budget proposals focused on loosening the purse strings by boosting capital expenditure and going slow on fiscal consolidation are aimed in the right direction, the rating agency said
'The robust tax collections give the finance minister a fair amount of headroom for an expansionary fiscal policy', he said
Cities contribute nearly 80% to the global economy but they also account for nearly three-fourths of greenhouse gas emissions, a new study showed
A year-on-year analysis is useful in a conceptual way as it accounts for the seasonal impact on the data, but it tells you next to nothing about the current state of the economy.
Swiss brokerage UBS Securities has revised downwards its India's growth forecast for the current financial year to 9.1% from 9.5% earlier
It says the economic impact of the Omicron wave in the fourth quarter could be lower than in previous waves, but activity momentum in the third quarter was much lower than expected
The next fiscal year (FY23) will be the one to watch out for and assuming that there would be no more Covid shocks, growth would be more real
According to the statistics office, agriculture is expected to grow at 3.9% in FY22 while manufacturing is likely to expand by 12.5% and trade and hotel sector are expected to grow at 11.9%
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Goyal said monetary-fiscal coordination has worked well and stimulus has been adequate but not excessive
India needs to focus on ease of doing business, consistent tax policy and lower cost of capital to achieve a sustained growth rate of over eight per cent in the long term
The poll is based on responses of about 100 CEOs
Business Standard brings you the top stories on Wednesday
Stock market LIVE: A slew of positive macro economic data coupled with supportive overseas cues helped the markets rally today
The Congress on Tuesday claimed the latest GDP figures "reveal the continued abysmal performance" of the economy and the "abject failure" of the government's policies
While the non-services segments are expected to accelerate in Q3 and Q4, the omicron effect can play a role in guiding growth of services