The “three big levers of economic potential”, namely population, participation and productivity, is set to surge in India ensuring that it “cements” Asia at the centre of the world’s economy and its growth.
Government is getting a free pass on the economy, which remains vulnerable to voodoo interventions
Thomson Reuters data, based on the latest annual earnings reports, shows India’s corporate debt rose to a seven-year high at the end of March.
“We have reached the stage where there is a requirement to seriously review our policies toward China, not just diplomatically, economically, militarily also,” Malik, who was the Army chief from 1997 to 2000, told The Indian Express in an interview.
It’s time policymakers outlined a coherent growth path for the economy.
Post-demonetisation, there has been a surge in the CASA deposits of banks. As per a RBI report, the sharp increase in the share of CASA deposits in aggregate deposits to 39.30 per cent resulted in a reduction in the cost of aggregate deposits, and banks have correspondingly lowered their term deposit rates.
Decisive policy actions by the Modi government will help the economy surge
Growth figures frame economic deceleration. Monetary stimulus via a cut in interest rates by the RBI will help
Citing the GDP growth figures released on Wednesday, Tewari said the performance of Indian economy has been the worst in the past 37 years.
“Hundreds of crores of money they are taking out of the vaults of treasury just to build a personality cult around one person. The BJP has called it ‘MODI Fest’,” said Anand Sharma.
Fake, spin and jumla have been used to describe the latest GDP figures, but commentators appear to be relying, sometimes wilfully, on the wrong parameters.
The revision process will include updating the list of items and weightage on the basis of which indices is computed
Modi regime has had to tell a new story in a rapidly changing global economy.
Global economy still in the woods. External demand which absorbed 50% of incremental manufacturing output, virtually absent.
Rajan, known to have frank views on state of affairs in the Indian and global economy, said “a bunch of good things have happened” in India, but there were “still some things to do”.