Economy

India’s growth below official rate: Raghuram Rajan in new book “We must admit the possibility that we haven’t even been growing at the official rate,” write Raghuram Rajan and Rohit.

As many as 10 economists have revised upwards their growth projections for the current fiscal year by 20-80 basis points (bps). In the light of the higher-than-expected GDP growth of.

MPC to keep repo rate unchanged at 6.50% in the next policy The Reserve Bank of India’s six-member monetary policy committee (RBI MPC) will likely pivot towards repo rate cuts.

To a question on whether the Centre proposes to relax the existing borrowing terms considering the financial crisis of Kerala, Sitharaman replied in the negative. Finance Minister Nirmala Sitharaman on.

The surge in imports can be attributed to increased gas consumption in the fertilizer and power sectors. India’s consumption of Liquified Natural Gas (LNG) is expected to rise further in.

According to S&P Global’s survey data, the increase in Indian services activity extended into November, with cooling price pressures and demand resilience inducing sales growth. India’s services activity growth declined.

Indebtedness of a state is measured as the ratio of its debt to gross state domestic product (GSDP). States’ debt will remain elevated at 31-32 per cent of their gross.

After a strong growth of 7.8 per cent in the first quarter, the second quarter GDP reading too came in significantly higher and well above estimates at 7.6 per cent.

Commerce Secretary Sunil Barthwal headed the Indian representation during this meeting, while Helene Budliger Artieda, Swiss State Secretary at the State Secretariat for Economic Affairs, led the EFTA delegation. India.

Finance minister Nirmala Sitharaman said on Monday, stressing the importance of the India-Middle East-Europe Economic Corridor (IMEC) for international trade. India’s continued systemic reforms and participation in the global value.