Page 10 - Economic Growth
NITI Aayog's unflattering report vexes Nitish Kumar govt in Bihar
The Nitish Kumar govt in Bihar has reacted with dismay to the Niti Aayog report on poverty index, which places the state among the bottom-ranking ones
 "NITI Aayog's unflattering report vexes Nitish Kumar govt in Bihar")
Germany's independent economic advisers cut 2021 growth forecast
The German government's panel of independent economic advisers on Wednesday cut its 2021 growth prediction for Europe's biggest economy to 2.7%, the latest in a series of downgrades by forecasters
 "Germany's independent economic advisers cut 2021 growth forecast")
Asian factories shake off lockdown blues, now face supply headaches
Factory activity in October expanded in Vietnam, Indonesia and Malaysia as operations gradually normalised after being hit by shutdowns caused by a spike in COVID-19 infections.
 "Asian factories shake off lockdown blues, now face supply headaches")
Recovery tracker: Lower power generation, decline in workplace visits
Traffic congestion rose during the latest week
 "Recovery tracker: Lower power generation, decline in workplace visits")
Pandemic resurgence slows recovery in Asia: IMF's Asia-Pacific Regional Economic Outlook
The growth projection for the Asia and Pacific region downgraded by more than 1 percentage point from April 2021 forecasts to 6.5%
 "Pandemic resurgence slows recovery in Asia: IMF's Asia-Pacific Regional Economic Outlook")
Indian economy to see 10.5% or higher growth this fiscal: Niti Aayog VC
Indian economy is expected to grow 10.5% or more in the current fiscal, Niti Aayog Vice Chairman Rajiv Kumar said on Thursday
 "Indian economy to see 10.5% or higher growth this fiscal: Niti Aayog VC")
India looks at close to double digit growth this year: Sitharaman
India is looking at near close to double-digit growth this year and the country will be one of the fastest-growing economies, Finance Minister Nirmala Sitharaman has said.
 "India looks at close to double digit growth this year: Sitharaman")
Growth is biggest challenge for emerging economies: World Bank economist
"With growth comes jobs, with growth and jobs comes recovery."
 "Growth is biggest challenge for emerging economies: World Bank economist")
Households cautiously optimistic
The index of consumer sentiments scaled up by a handsome 7.9 per cent in September
 "Households cautiously optimistic")
Skills, democracy main drivers of growth, says Rakesh Jhunjhunwala
Skills and democracy are the main drivers of sustainable growth, ace investor Rakesh Jhunjhunwala said on Friday, adding that he is bullish on the Indian market
 "Skills, democracy main drivers of growth, says Rakesh Jhunjhunwala")
Banks need to accelerate green lending for sustainable growth: SBI chief
Banks have always been the backbone of India's economic growth and as the country pivots to sustainable growth, the banking sector will have to accelerate green lending, said SBI Chairman Dinesh Khara
 "Banks need to accelerate green lending for sustainable growth: SBI chief")
Liquidity normalisation is upon us
Growth prospects have brightened and inflation outlook has eased, despite lingering concerns as to potential broad-based supply shocks
Elections and 'wallet economics': Does economic under-performance matter?
There are instances - both from national and state elections - of economic under-performers being returned to power, and also of parties being thrown out despite good performance, writes T N Ninan
Need to make sure benefit of economic growth is evenly shared: D Subbarao
Former RBI Governor D Subbarao stressed the need to accelerate economic growth rate and make sure this benefit of growth is shared, even as he said unemployment has taken a form of crisis
 "Need to make sure benefit of economic growth is evenly shared: D Subbarao")
Expect more than 7% growth for India this decade: CEA Subramanian
Chief Economic Adviser K V Subramanian on Wednesday said India will clock over 7 per cent annual growth during this decade on the back of strong economic fundamentals
 "Expect more than 7% growth for India this decade: CEA Subramanian")
FinMin officials pitch for better sovereign rating outlook with Moody's
Finance Ministry officials and representatives of rating agency Moody's on Tuesday discussed economic growth prospects, during which India pitched for an upgrade in its sovereign rating outlook
 "FinMin officials pitch for better sovereign rating outlook with Moody's")
Economists project GDP growth at 14%-23% in Q1FY22
The growth was projected on a low base of 24.4 per cent contraction in the gross domestic product in Q4 of the previous financial year.
 "Economists project GDP growth at 14%-23% in Q1FY22")
India's GDP likely to grow at 18.5% in Q1FY22: SBI report
The country's gross domestic product (GDP) is expected to grow at around 18.5 per cent with an upward bias in the first quarter of the current financial year, according to SBI research report Ecowrap
 "India's GDP likely to grow at 18.5% in Q1FY22: SBI report")
Vajpayee yrs set ground for UPA era economic growth: Shankar Acharya's book
Vajpayee's political achievement in greatly advancing economic reforms was perhaps even more admirable than Rao's, writes Shankar Acharya in his new book
 "Vajpayee yrs set ground for UPA era economic growth: Shankar Acharya's book")
Growth optimism: Will govt's own investment and exports be enough?
A step jump in medium-term growth rates, of the kind projected, needs all four engines of the economy to be firing. But the govt seems to have bet on just two, writes T N Ninan
