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Indian economy
Household debt hits record high as Indians splurge, study shows
Non-housing debt, which stood at 72% of the total household debt, grew at a faster clip than housing debt, indicating Indians could be taking loans to spend on consumer goods or for splurging rather than to buy physical assets.
26 April 2024, 03:58 IST
Household debt hits record high as Indians splurge, study shows
26 April 2024, 03:58 IST
As India develops, problem of high food inflation will get less severe: RBI MPC member Ashima Goyal
As the weight of food in consumption falls and food consumption itself becomes more diversified, the impact and size of future food price shocks falls, she noted.
25 April 2024, 10:45 IST
As India develops, problem of high food inflation will get less severe: RBI MPC member Ashima Goyal
25 April 2024, 10:45 IST
The ‘Modi-fication’ of India is still thrilling markets
The Indian prime minister is so successful at polarizing the majority Hindu vote by playing on its fears, he doesn’t have to pursue profligate — or even populist — fiscal policies to remain popular in the country’s poor, overpopulated north.
25 April 2024, 04:56 IST
The ‘Modi-fication’ of India is still thrilling markets
25 April 2024, 04:56 IST
India needs intensive action on economy, not policy paralysis: FM Sitharaman's dig at Congress
Stressing that Prime Minister Narendra Modi has set a target for 'Viksit Bharat 2047', she said development doesn't happen by default or without effort.
22 April 2024, 17:01 IST
India needs intensive action on economy, not policy paralysis: FM Sitharaman's dig at Congress
22 April 2024, 17:01 IST
IMF raises India FY25 GDP forecast to 6.8% on back of strong domestic demand
For the world economy, the IMF raised its FY25 forecast to 3.2% from 3.1%, and for the United States to 2.7% from 2.1%.
16 April 2024, 13:00 IST
IMF raises India FY25 GDP forecast to 6.8% on back of strong domestic demand
16 April 2024, 13:00 IST
India may still remain poor even after becoming 3rd largest economy: Former RBI chief D Subbarao
According to Subbarao, in order to become a developed nation, four essential ingredients -- rule of law, strong state, accountability and independent institutions -- are required.
15 April 2024, 16:56 IST
India may still remain poor even after becoming 3rd largest economy: Former RBI chief D Subbarao
15 April 2024, 16:56 IST
Inflation eases to 9-month low of 4.85% in March
During March 2024, urban consumers saw a steeper decline in the rate of price rise, while rural consumers continued to suffer. Urban Consumer Price-Index based inflation declined to 4.14 per cent in March from 4.78 per cent in the previous month.
12 April 2024, 13:17 IST
Inflation eases to 9-month low of 4.85% in March
12 April 2024, 13:17 IST
India is transitioning to a 4C economy, but at what price?
At its core, the 4C economy is a departure from traditional models, redefining the essence of commerce and human interaction.
11 April 2024, 23:05 IST
India is transitioning to a 4C economy, but at what price?
11 April 2024, 23:05 IST
ADB raises India's GDP growth forecast for FY25 to 7% on robust investment, consumer demand
The 2024-25 growth estimate is, however, lower than 7.6 per cent projected for the 2022-23 fiscal. Strong investment drove GDP growth in the 2022-23 fiscal as consumption was muted, the ADB said.
11 April 2024, 06:46 IST
ADB raises India's GDP growth forecast for FY25 to 7% on robust investment, consumer demand
11 April 2024, 06:46 IST
India Inc needs to boost its philanthropic spend to bridge inequality: CEO Victory International (USA)
Industry leaders will have to play a proactive role in narrowing this inequality, says US-based NRI industrialist Anil K Monga, who has been involved in several philanthropic initiatives in India for almost three decades.
07 April 2024, 22:51 IST
India Inc needs to boost its philanthropic spend to bridge inequality: CEO Victory International (USA)
07 April 2024, 22:51 IST
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