Page 7 - Economic Growth
Next 25 years
India's own past can show the path
Pakistan can develop only if it makes economic progress: PM Sehbaz Sharif
Pakistan Prime Minister Shehbaz Sharif on Saturday said that the country cannot develop only if it makes economic progress
 "Pakistan can develop only if it makes economic progress: PM Sehbaz Sharif")
'Worst likely over' for emerging Asian currencies as US Fed hike bets ease
Currencies across the region jumped Thursday, following their developing-nation peers in the Americas and Europe, after the US data published Wednesday led to a slump in the dollar
 "'Worst likely over' for emerging Asian currencies as US Fed hike bets ease")
Rupee weakens 1% in two days as renewed talks of 'hawkish' Fed boost dollar
Record high trade deficit, technical factors add to woes
 "Rupee weakens 1% in two days as renewed talks of 'hawkish' Fed boost dollar")
What is the twin balance sheet problem?
In the mid-2000s, infra companies saw robust growth and their shares shot up. But as the loans piled up, banks found themselves in a tight spot. It was a twin balance sheet problem. Let's know more
 "What is the twin balance sheet problem?")
Falling commodity prices may soften inflation, but it may remain elevated
Parliament likely to discuss the matter today; MPC to consider matter at 3-day meet that begins on Wednesday
 "Falling commodity prices may soften inflation, but it may remain elevated")
Strengthening liberal democracy essential for growth, says Raghuram Rajan
Former Reserve Bank of India Governor Raghuram Rajan on Saturday said India's future lies in strengthening liberal democracy and its institutions as it is essential for achieving economic growth
 "Strengthening liberal democracy essential for growth, says Raghuram Rajan")
Post-pandemic surprises and where the Indian economy truly stands today
To avoid getting caught up in possible group-think, we need to question the assumptions. Remember that there have been only two five-year periods when India has recorded rapid growth, writes T N Ninan
What is a middle-income trap?
A middle-income trap is a situation in which a country attains a certain average income and gets stuck at that level, failing to graduate to a high income group. Let's know more about this trap
 "What is a middle-income trap?")
Global economy in grips of serious slowdown, inflation surge to endure
The global economy is in the grips of a serious slowdown, with some key economies at high risk of recession and only sparse meaningful cooling in inflation over the next year
India's bioeconomy likely to touch $300 billion by 2030, says report
India's bioeconomy is likely to touch $150 billion by 2025 and over $300 billion by 2030, a report said
 "India's bioeconomy likely to touch $300 billion by 2030, says report")
China likely to report grim economic performance in second quarter
China's coronavirus lockdowns in major cities has affected trade and daily life causing the country to report a grim performance in the second quarter and increasing concerns of a global recession.China's economy may have contracted in the three months ending in June, The Washington Post newspaper reported citing experts, adding that it is likely that Beijing will report modest growth.Mercator Institute for China Studies' chief economist Max Zenglein said, "The government will not acknowledge a contraction.""The further growth is from zero, the less credible the official figure will be," Zenglein added.China's grim performance in the second quarter will be a setback for the country.Several countries including the United States reopened and lifted their restrictions in their rebound from the pandemic.However, China doubled down their "zero covid" policy stating that too many will die if the restrictions were lifted and the country was reopened.The approach eventually became ...
 "China likely to report grim economic performance in second quarter")
Top headlines: 5G spectrum auction, economic growth projection, and more
From 5G spectrum auction to tax irregularities, here are the top headlines on Thursday morning
 "Top headlines: 5G spectrum auction, economic growth projection, and more")
India to overtake China as world's most populated country in 2023: UN
Economic impact: People's productivity will have to increase to support larger numbers, say experts
 "India to overtake China as world's most populated country in 2023: UN")
Real growth not possible without inclusiveness, says PM Narendra Modi
Speaking on social issues, PM said child stunting remained a major concern and India needed to address this on priority
 "Real growth not possible without inclusiveness, says PM Narendra Modi")
Govt bond yields slide 5 bps over weekend, in tandem with US benchmark
Signs of weakening economic growth worldwide raising questions over the degree of policy tightening by central banks
 "Govt bond yields slide 5 bps over weekend, in tandem with US benchmark")
RBI should intervene less, let rupee depreciate gradually: D Subbarao
In a Q&A, the former RBI Governor says the situation is very different from the Taper Tantrum and that the rupee has actually risen against some other hard currencies
 "RBI should intervene less, let rupee depreciate gradually: D Subbarao")
CRISIL cuts FY23 GDP growth estimate to 7.3% from 7.8% on high inflation
Domestic rating agency CRISIL lowered its real GDP growth forecast for India to 7.3 per cent in FY23 from 7.8 per cent estimated earlier.
 "CRISIL cuts FY23 GDP growth estimate to 7.3% from 7.8% on high inflation")
As rising CAD starts pinching, the Centre starts scrutinising imports
As the trade deficit in May hit a record high of $24.3 billion, revenue authorities have now become vigilant, according to a report
 "As rising CAD starts pinching, the Centre starts scrutinising imports")
Benchmark indices extend winning streak as commodity prices moderate
Buying in IT stocks - spurred by a global trend - accounted for the bulk of the gains in the benchmark indices
 "Benchmark indices extend winning streak as commodity prices moderate")
