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GDP Figures Show Resilience of Economy Despite Global Challenges: PM Modi

The growth of 7.2 per cent in India s gross domestic product (GDP), during fiscal year 2022-23, shows that India s economy is resilient despite the global headwinds, Prime Minister Narendra Modi said on Wednesday.The official data showed that India s economy grew by 6.1 per cent in the January-March quarter of 2022-23, pushing the annual growth rate to 7.2 per cent on account of better performan ....

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India's Economic Narrative Might Be Glowing. The Economy Isn't.

The latest GDP figures are a window dressing under which the economy is unmistakably tottering and the growth trajectory since the pandemic has been ramshackle at best. ....

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Inflation, RBI and the Tale of Two Economic Advisors

The present economic advisor revels in the 'exemplary resilience' shown by the Modi government in recovering from COVID-19, while the former advisor has highlighted the human cost of this very 'recovery'. ....

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International Monetary Fund (IMF) Retains India's Growth Projection At 9.5% For 2021, Cuts Global Economy At 5.9%

The International Monetary Fund (IMF) retained India's growth projection at 9.5 per cent for 2021, after it downgraded the growth rate by three percentage pointsfrom 12.5 per cent in July, following the severe second wave of COVID-19 pandemic in the country. ....

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India GDP Data: India One Of Few Economies To Witness Growth In 2 Consecutive Quarters, Says Economic Review Report

According to Department of Economic Affairs, the higher economic growth during the fourth quarter may be linked to the unlocking phase and revival in business that was underway during the period. ....

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