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India poised for more durable growth than ever, says finance ministry

India appears poised to sustain its growth in a more durable way than before with the economy carrying the momentum from FY23 into the current fiscal year, the Annual Economic Review for 2022-23 released by the finance ministry on Thursday said. However, the report cautioned that escalation of geopolitical stress, enhanced volatility in global financial systems, sharp price correction in global stock markets, a high magnitude of El-Nino impact, and modest trade activity and FDI inflows, are factors that could constrain the pace of growth. Should these developments deepen and dampen growth in the subsequent quarters, the external sector may challenge India s growth outlook for FY24, the finance ministry said.

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India on cusp of durable growth more than ever, says finance ministry

India on cusp of durable growth more than ever, says finance ministry
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Shortage of Qualified Workers Pose Hiring Challenges for Small Businesses, Says Report

Small businesses are struggling to hire due to a shortage of qualified applicants while also being challenged by inflation, according to reports by the National Federation of Independent Business (NFIB).

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Mixed signals: Rates continue downward trend as freight volumes decline

The state of the trucking freight market remains murky, as recent reports send mixed messages. During February, the overall outlook spot rates remained

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Sanjaya Baru | The world economy and us: Are we decoupled?

It is time the Union government offered an honest, realistic and objective assessment of where the economy is headed.

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