The Indian economy is poised to grow at the quickest pace among the league of large nations on the back of various initiatives taken by the government in Budget 2022-23, said the Finance Ministry’s Monthly Economic Review. “The current year may as well end with an economic reset manifest of a post-COVID-19 world…Manufacturing and Construction…Continue Reading

SATBUNGA, India—Covid-19 drove tens of millions of migrant workers from cities back to their home villages, often to farm, and its lingering presence threatens India’s decadeslong quest to lift its economy from rural poverty to the modern age. In Covid-19’s first year, agriculture’s share of India’s total employment rose for the first time in at…Continue Reading

With 9.2 pc growth in FY22, economy to recover 101.3 pc of pre-pandemic FY20 output: Budget

With India’s real GDP estimated to grow 9.2 per cent in 2021-22, the economy stands to recover 101.3 per cent of the pre-pandemic output of 2019-20, the Budget documents said on Tuesday. It further said India’s economic growth is supported by a strong rebound seen in several high-frequency indicators in the third quarter of 2021-22…Continue Reading

GDP to grow 8-8.5 per cent in FY’23; economy well placed to meet challenges: Survey

New Delhi: India’s economy is expected to grow by 8-8.5 per cent in the fiscal beginning April 1 and is well placed to meet the future challenges on the back of widespread vaccine coverage, supply-side reforms and easing of regulations, said the pre-Budget Economic Survey on Monday. The Economic Survey 2021-22, tabled by Finance Minister…Continue Reading

UK Economy Recovery Slows Before Omicron Variant Hit: Report

People walk past the Big Ben clock at the Houses of Parliament in central London on December 16, 2021 as some scaffolding is removed with restoration project nearing its end. Tolga Akmen / AFP Gross domestic product grew 1.1 percent in the July-September period as the economy reopened.AFP LondonLast Updated:December 22, 2021, 15:40 ISTFOLLOW US…Continue Reading

Indian economy fastest in world to come out of Covid pandemic impact: Amit Shah

Synopsis​​He highlighted the changes in policies to give boost to the civil aviation sector, setting up of project development cells in every ministry, dynamic ranking system to spur healthy competition among states to attract investments, the schemes which have brought in Rs 2.25 lakh crore investment in the country.AgenciesDelivering the keynote address at the Hindustan…Continue Reading

Adding economy to defence

Make in India for defence equipment is languishing in the absence of large orders that can make local production viable Topics Defence | BS Opinion | Indian military A fortnight ago in Jhansi, as part of the “Rashtriya Raksha Smarpan Parv” to mark the 75th year of Indian Independence, Prime Minister (PM) Narendra Modi handed over to the Indian…Continue Reading