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Evening brief: Congress questions projected GDP growth rate in Economic Survey

Here are today’s top news, analysis, and opinion. Know all about the latest news and other news updates from Hindustan Times.

Gourav Vallabh, who often speaks for the grand old party on issues related to economy, based his question on the 15% difference between the projected and actual GDP growth for the current fiscal (2022-23).(File)
Gourav Vallabh, who often speaks for the grand old party on issues related to economy, based his question on the 15% difference between the projected and actual GDP growth for the current fiscal (2022-23).(File)
Updated on Jan 31, 2023 05:10 PM IST

‘Turning point’: IMF raises 2023 world growth forecast to 2.9%, 1st in a year

The International Monetary Fund expects the world economy to expand 2.9 percent this year, slowing from 2022 to a rate that remains weak by historical standards.

"Adverse risks have moderated" since October's forecast, the IMF added. (File)
Updated on Jan 31, 2023 07:25 AM IST
AFP | | Posted by Ritu Maria Johny

GDP projected to grow 7% in 2022-23, first advance estimates by Centre predicts

Indian economy estimated to grow at 7 pc in 2022-23: Govt data

GDP projected to grow 7% in 2022-23, first advance estimates by Centre predicts(AFP)
GDP projected to grow 7% in 2022-23, first advance estimates by Centre predicts(AFP)
Published on Jan 06, 2023 05:59 PM IST
PTI | | Posted by Singh Rahul Sunilkumar

With 8-9% growth, it takes 20 yrs for India to become developed nation:

“The immediate focus of policymakers must be to raise the growth rate of the economy. Achievement of a USD 5 trillion economy is a good short term aspirational goal. This will take a minimum five years of sustained growth of 9 per cent. Even then, at the end of it, India’s per capita income will be only USD 3472 and we will still be classified as a lower middle income country,” former RBI Governor C Rangarajan noted.

Former RBI Governor C Rangarajan (Arvind Yadav/ HT Photo)
Former RBI Governor C Rangarajan (Arvind Yadav/ HT Photo)
Published on Dec 24, 2022 01:35 PM IST
PTI | | Posted by Singh Rahul Sunilkumar

Pakistan’s central bank lowers GDP growth forecast to below 3-4 per cent

The State Bank of Pakistan’s (SBP) flagship economic health report released on Wednesday said economic growth was stronger than expected in the 2021-22 fiscal year as the real GDP increased by 6 per cent compared to 5.7 per cent a year ago.

A man holds Pakistani currency bundles.(AP)
A man holds Pakistani currency bundles.(AP)
Published on Dec 22, 2022 11:29 AM IST
PTI | | Posted by Singh Rahul Sunilkumar
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