Mobility indicators show more people at transit spots like bus and train stations
Congress leader Rahul Gandhi on Monday accused Prime Minister Narendra Modi of destroying the country's economy, which was "strengthened" by the former UPA government.
Operating at magic price points is like running a high-school experiment in "titration," dripping a liquid of known properties into another of unknown concentration and stopping when the color changes
The national lockdown and series of movement restrictions meant that supply chains were hit and demand for their labour dried up, which led to job losses and erratic wages, experts and studies said
Singh was addressing a workshop on the financial market organised by the Lucknow branch of Central India Regional Council (CIRC) of the Institute of Chartered Accountants of India
The former RBI governor said India needs inclusive growth and the country cannot have inclusive growth by treating any segment of the population as second class citizens
"The government is actually fueling the rise of inflation by its wrong policies, especially through high taxes on petrol and diesel, high administered prices and high GST tax rates," Chidambaram said
Chidambaram said a slower rate of growth has been the "hallmark" of the present government in the last eight years, and the post-pandemic recovery has been "indifferent and halting".
"Taking all these measures into account, I think that we are broadly in a good situation economically and will be able to keep inflation under control in the medium term," he added
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The central bank hiked its repo rate by 40 basis points (bps) to 4.40 per cent following an emergency meeting earlier this month
The report said that seen over a longer time horizon, inflation in India's economy has not been as much a challenge as is sensed from month-to-month changes
Factory output shows poor growth at 1.9% in March
Lower labour force participation needs attention
The RBI increased the limit for keeping specified securities in the HTM portfolio from 22 per cent to 23 per cent
Gross domestic product growth will be 7.6% for FY23 and 6.7% for FY24, 30 basis points lower than the previous estimates, the brokerage said in a note
India Inc will hire 5% more people in the April-June period compared to the Q1 this year, a new report showed, as Covid infections decrease amid reopening of industries across the spectrum
An RBI report says even in the best case scenario, general govt debt may not dip below 75% of GDPl and if there are events, it may in fact rise to 90% of GDP by 2026-27
Bangladesh is likely to topple India again for each of the next six years
Government officials also told industry representatives that exports and domestic production are inter-linked