Growth

It may take 12 years for Indian economy to overcome COVID losses, says RBI report

The RBI released the Report on Currency and Finance (RCF) for the year 2021-22 on Friday whose theme is ‘Revive and Reconstruct’ in the context of nurturing a durable recovery post-COVID and raising trend growth in the medium-term

RBI cuts FY23 growth forecast to 7.2% amid geopolitical uncertainties

Earlier this year, the Economic Survey in January had projected a growth rate of 8-8.5 per cent for the current fiscal

Fitch slashes FY23 India growth forecast to 8.5 from 10.3% on high energy prices

With the Omicron wave subsiding quickly, containment measures have been scaled back, setting the stage for a pick-up in GDP growth momentum in the June quarter this year, the agency said.

Unacademy and its founder Gaurav Munjal’s unquenchable and aggressive quest for growth

Munjal’s approach of prioritising growth over culture, setting valuation benchmarks internally and leading what some consider an opulent lifestyle is from the startup playbook

Budget 2022: FY2023 fiscal deficit to be similar to budgeted level for FY2022

ICRA projects the fiscal deficit at a higher Rs 17.9 trillion (or 6.9 percent of GDP), driven by free foodgrains under the PMGKAY scheme and an enhanced outgo for MGNREGA

US economic recovery slow but ready for Fed to start withdrawing financial support

Federal Reserve Chair Jerome Powell has signaled that the start of the taper process could begin before the end of the year, but an increase in the key borrowing rate would not come until later

India's economy shows signs of recovery as restrictions ease, says Moody's Investors Service

In its August update to 'Global Macro Outlook 2021-22', Moody's retained India's growth forecast for the 2021 calendar year at 9.6 percent and seven percent for 2022

India among large emerging market sovereigns to have highest debt burden by 2021, says Moody's

Despite steps toward the resolution of high non-performing loans, the banking system continues to suffer from weak asset quality, and low loan-loss coverage and capital adequacy, it added

Children born, living in high-altitude areas may have slower growth compared to those in lower altitudes, reveals study

Specific interventions must be devised for children born and growing up in hilly or mountainous regions, noted a study which observed over 9 lakh children from 59 countries between 1992 and 2018

Economy Under Lockdown | Aerospace and Defence | Insider Take By Rohit Beri, Director, Aerospace & Defence Practice, Frost & Sullivan

Rohit Beri, Director, Aerospace & Defence Practice, Frost & Sullivan, takes us through the focus points of the economic impact in the defence sector.