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The three medium-term macro challenges ahead for the Indian economy

The National Statistical Office (NSO) will release GDP numbers for the quarter ending March 2022 at the end of this month. On June 8, the Monetary Policy Committee (MPC) of RBI will publish its resolution which will have GDP growth forecasts for 2022-23.
While there will be greater clarity on these once these numbers are released, the Indian economy’s medium term economic challenge goes beyond headline growth numbers.(AFP file photo. Representative image)
While there will be greater clarity on these once these numbers are released, the Indian economy’s medium term economic challenge goes beyond headline growth numbers.(AFP file photo. Representative image)
Updated on May 19, 2022 11:45 AM IST
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India's economy to grow 7.5 per cent this year, 8 per cent in 2023: Asian Bank

Releasing its flagship Asian Development Outlook (ADO) 2022, the Manila-based multi-lateral funding agency said the growth in South Asia is projected to slow to seven per cent in 2022, before picking up to 7.4 per cent in 2023.
The subregion's growth dynamics are largely driven by India and Pakistan.(AFP)
The subregion's growth dynamics are largely driven by India and Pakistan.(AFP)
Published on Apr 06, 2022 09:38 AM IST
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PTI |

Indians tighten belts as Ukraine war drives up prices of necessities

Consumers in Asia's third-largest economy are feeling the bite as companies pass on a surge in costs since the invasion, battling the first hikes in five months this week in the prices of diesel and petrol, as well as more expensive vegetable oils.
Representational image.
Representational image.
Published on Mar 23, 2022 02:42 PM IST
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Reuters |

Bommai says K'taka will contribute $1.5 Trillion to India's economy by 2025

Chief Minister Basavaraj Bommai on Tuesday said Karnataka will become the number one state in the country in overall economic growth,  contributing $1.5 Trillion to India's economy by 2025 .
Karnataka chief minister Basavaraj Bommai confident that K'taka will contribute $1.5 Trillion to India's economy by 2025(HT_PRINT)
Karnataka chief minister Basavaraj Bommai confident that K'taka will contribute $1.5 Trillion to India's economy by 2025(HT_PRINT)
Published on Mar 16, 2022 03:40 PM IST
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ANI |

Economy grows at 5.4% in Oct-Dec

  • What is also noteworthy is the fact that even private final consumption expenditure (PFCE) is expected to have crossed pre-pandemic levels.
The significant revision in growth rates between the first and second advance estimates is largely a result of change in past GDP numbers. (Representational image)(REUTERS)
The significant revision in growth rates between the first and second advance estimates is largely a result of change in past GDP numbers. (Representational image)(REUTERS)
Published on Mar 01, 2022 05:49 AM IST
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Thursday, May 19, 2022