Page 74 - Indian Economy
Need for coordinated action among nations to aid post-Covid recovery: FM
This is also needed to build resilience to future shocks: Sitharaman
 "Need for coordinated action among nations to aid post-Covid recovery: FM")
Nobody will be hungry in India if it becomes $30 tn economy by 2050: Adani
Industrialist Gautam Adani has said if the country becomes a $30-trillion economy as projected by 2050, it can also be home to a nation wherein no one will go to bed on empty stomach
 "Nobody will be hungry in India if it becomes $30 tn economy by 2050: Adani")
Covid-19 pandemic & Russia-Ukraine war: Black swans in India's gas economy
The war in Ukraine is upending the Modi government's efforts to make the creation of natural gas infrastructure and access a critical component of its economic programme
 "Covid-19 pandemic & Russia-Ukraine war: Black swans in India's gas economy")
IMF urges India to prioritise food security, expand transfers to vulnerable
The International Monetary Fund has urged India to prioritise food security and expand transfers to the vulnerable in the wake of the global economic crisis
 "IMF urges India to prioritise food security, expand transfers to vulnerable")
Top headlines: Action to aid post-Covid recovery, Tatas to offer ESOPs
Business Standard brings you top headlines of the day
 "Top headlines: Action to aid post-Covid recovery, Tatas to offer ESOPs")
Record number of companies registered in FY22 despite Covid
Showing resilience India has registered 1.67 lakh companies in the financial year 2021-22 (April-March), according to a report by Ministry of Corporate Affairs (MCA)
 "Record number of companies registered in FY22 despite Covid")
PM Gati Shakti crucial for India to become $5-trn economy: Gadkari
The PM Gati Shakti National Master Plan (NMP), is important for achieving the prime minister's dream of making India a USD 5 trillion economy by 2024-25, Union minister Nitin Gadkari said on Wednesday
 "PM Gati Shakti crucial for India to become $5-trn economy: Gadkari")
BS Number Wise: Indian states are living dangerously on subsidies
Their tax revenues can't keep up with their largesse: it's a policy that risks putting them in economic peril
 "BS Number Wise: Indian states are living dangerously on subsidies")
Should purchasing power parity of $3.2 be made India's formal poverty line?
Experts have some reservations about the methodology used to arrive at the number, and that the poverty figures under the existing PPP of $1.9 per person per day have been understated
 "Should purchasing power parity of $3.2 be made India's formal poverty line?")
Need to address rising food costs and energy security concerns: India at UN
The impact of the situation in Ukraine is being felt beyond the region with increasing food and energy costs, especially for many developing countries
 "Need to address rising food costs and energy security concerns: India at UN")
IMF slashes India's FY23 GDP growth forecast to 8.2%
The IMF's projection of India's retail inflation is now at 6.1 per cent, higher than the Reserve Bank of India's (RBI's) forecast of 5.7 per cent
 "IMF slashes India's FY23 GDP growth forecast to 8.2%")
India's policy challenges will hinder net-zero progress, says Moody's
Many of the country's large private companies have announced net-zero targets that are well ahead of Indian authorities' goals
 "India's policy challenges will hinder net-zero progress, says Moody's")
Govt setting up 75 digital banks this year, says FM Nirmala Sitharaman
Sitharaman is in Washington DC to attend the annual spring meeting of the International Monetary Fund and the World Bank
 "Govt setting up 75 digital banks this year, says FM Nirmala Sitharaman")
PLI scheme with a return for the government
Despite the massive opportunity cost of the PLI scheme, there is considerable enthusiasm amongst the proponents of the scheme
 "PLI scheme with a return for the government")
FM meets IMF chief; discusses impact of geopolitics on global growth
Congratulating India on its successful vaccination programme to control spread of Covid-19, Georgieva also appreciated New Delhi for extending relief to other vulnerable countries to fight pandemic
IMF praises India's resilient economy, highlights structural reforms taken
The IMF MD Kristalina Georgieva lauded India's well-targeted policy mix that has helped the Indian economy remain resilient in her meeting with Finance Minister Nirmala Sitharaman in Washington DC
 "IMF praises India's resilient economy, highlights structural reforms taken")
Today headlines: Economy to feel pinch; IAMAI vouches for lower age consent
Business Standard brings you top headlines of the day
 "Today headlines: Economy to feel pinch; IAMAI vouches for lower age consent")
Wholesale inflation in March surges to second highest since 2004
This surge comes as commodity prices harden amid the Russia-Ukraine offensive
 "Wholesale inflation in March surges to second highest since 2004")
Economy to feel pinch of higher commodity prices: CEA V Anantha Nageswaran
'Employment generation is both a near-term and long-term priority', said Nageswaran
 "Economy to feel pinch of higher commodity prices: CEA V Anantha Nageswaran")
Stocks slip on earnings setback, inflation data; Sensex falls 1,172 points
Besides weak earnings, investors had to digest negative macroeconomic data on the inflation and GDP outlook front
 "Stocks slip on earnings setback, inflation data; Sensex falls 1,172 points")