Shrinking the deficit which hit a record 9.2% of gross domestic product during the first year of the pandemic is necessary for Asia’s third-largest economy to improve its credit rating…
Over the last decade, as world slowed down post global financial crisis, Indian share has grown significantly, and in 2021, its share was 3.3%, becoming the 6th largest economy Source…
The widening of the trade deficit is due to rise in oil imports, amid high crude oil prices, Piyush Goyal said Source link
There -- on a sprawling 300 acre tea estate where leopards and deer can be spotted -- scientists are working with partners including Boeing Co. to get global approvals for…
Gross domestic product may expand by 5.9% in calendar year 2023 from an estimated 6.9% this year, Goldman economists led by Andrew Tilton wrote in a report Sunday. Source link
This financial year is likely to see a current account deficit of 3.3 percent to 3.9 percent of the GDP, depending on which brokerage one chooses to believe Source link
Imports during the month under review increased to USD 56.69 billion as against USD 53.64 billion in October 2021. Source link
The global monetary tightening is becoming a little less synchronised, which is a small relief for developing countries, the chief economic adviser has said Source link
The rating agency expects India’s current account deficit to widen to 3.4 percent of the GDP in FY23, nearly three times the FY22 level Source link
Peak agricultural employment, economic shocks like the coronavirus pandemic and MSMEs losing market share has worsened the jobs#39; challenge in the world’s second-most populous country Source link