The International Monetary Fund (IMF), in the World Economic Outlook released, has revised India’s FY25 GDP growth forecast for 2024-25 to 6.8% from 6.5%. IMF projected based on strong domestic…
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India has signed a $100 billion free trade deal with a European bloc that includes Switzerland, Norway, Iceland, and Liechtenstein. These four countries are not part of the European Union….
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According to government data released on Thursday, the Indian economy expanded by 8.4 percent from October to December 2023, compared to the 4.3 percent growth recorded a year earlier. The…
Read MoreAccording to the data released by the National Statistical Office (NSO) retail inflation fell to a three-month low of 5.1% from 5.7% in November. Overall, food inflation fell to 8.3%…
Read MoreThe official data released by the Ministry of Commerce and Industry showed the trade deficit reduced to a three-month low due to lower imports on the back of easing commodity…
Read MoreREAD: India’s K-shaped recovery debate has economists divided | Mint (livemint.com) There is no consensus among economists regarding whether India is indeed in the throes of a K-shaped recovery or…
Read MoreThe Central Statistics Office (CSO) pegged gross domestic product (GDP growth) at 7.3% in 2023-24; the projection is faster than the Reserve Bank of India’s 7%. The economy grew at…
Read MoreArvind Panagariya, former Vice Chairman of NITI Aayog, was designated as the head of the 16th Finance Commission. Ritvik Ranjanam Pandey will hold the post of secretary to the commission….
Read MoreFTA stands for Free Trade Agreement; PTA stands for Preferential Trade Agreement; CECA stands for Comprehensive Economic Cooperation Agreement while CEPA is an acronym for Comprehensive Economic Partnership Agreement. India has economic…
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