Here are the top BS Opinion articles of the day
PFCE, a proxy for household and private sector consumption, was 61.6% of nominal GDP in Q2FY23, as against 61.1% in the previous quarter and 59.5 per cent a year ago
GDP grew 7.6 per cent in the September quarter of FY23 over the comparable period in FY20, which was before the pandemic
Manufacturing sector decline needs policy support
India is expected to post annual growth of 6.2% in the three months to September 31, according to a Reuters poll
Here is the best of Business Standard's opinion pieces for today
From being the 'office to the world', India is set to become its factory too
Finance ministry expects moderation in retail inflation in FY24
Initiative will help developers contribute to open-source projects on XR technology and lay the foundation for affordable, appropriate India-specific solutions localised to Indic languages
The Finance Ministry was also urged to continue with long term loans to states to support their capex programs, and give them more leeway to spend, in order to boost growth
India's annual economic growth is forecast to slow to about 6% for a few years, according to economists from Goldman Sachs Group Inc. and Barclays Plc.. And they say that's not such a bad thing
A longstanding plan aims to shrink the shortfall to below 4.5% of GDP by 2025-26
'India's annual import cover comfortable; IMF does not consider external sector to be in a zone of vulnerability'
This will help India pip Japan and Germany to become the third-largest economy, S&P says
Says India is set to be second-fastest growing G-20 economy in FY23, despite decelerating global demand and tightening of monetary policy to manage inflationary pressures
FM Nirmala Sitharaman's pre-Budget consultations from today
Asia's richest man Gautam Adani on Saturday said India, which took 58 years to become a trillion dollar economy, will add an equivalent sum to GDP every 12-18 months and will be the world's second largest economy by 2050. Speaking at the 21st World Congress of Accountants here, he said back-to-back global crises have challenged several assumptions, including that China should adopt western democratic principles, secular principles are universal, the EU would stay together, and that Russia would be forced to accept a reduced international role. "This multilevel crisis has shattered the myth of a unipolar or a bipolar world of superpowers that could step in and stabilize global environments," he said. "In my view - in this emerging multipolar world - superpowers will need to be those that take responsibility to step in and help others in a crisis and not bully other nations into submission, those that keep humanity as their foremost operating principle." A superpower, he said, must
Business Standard brings you the top headlines at this hour
Sectors such as healthcare, energy & utilities, manufacturing, and retail are expected to benefit from large-scale 5G adoption, which is expected to power up to 2 per cent of India's GDP by 2030
Thailand and China are at risk of growing old before they grow rich; India must grow its GDP at 8-9 per cent or more to avoid that fate