Economy - general
Moody's issues 'negative' outlook for US credit amidst high interest rates
11 Nov 2023
Moody's Investors Service, a leading credit rating agency, revised its outlook on the United States government's debt from "stable" to "negative."
Government plans overhaul of SEZ Act, proposes reduction in tax incentives, and increased integration
09 Nov 2023
The government seems poised to refrain from introducing fresh direct tax incentives for businesses in special economic zones (SEZs).
The National Industry Quarterly report states 8.6% volume growth in the FMCG sector
08 Nov 2023
India's fast-moving consumer goods (FMCG) industry has experienced a significant uptick in growth during the July–September quarter of fiscal year 2024 (Q2 FY24).
India’s industrial production up 5.7% in July
12 Sep 2023
India's industrial production increased by 5.7 per cent in July, according to official data released on Wednesday. This is the fastest rate of growth in industrial production after the 5.8 per cent growth recorded in February 2023.
India's consumer price inflation lower at 6.83% in August
12 Sep 2023
Consumer price inflation in the country, based on the consumer price index, declined to 6.83 per cent in August 2023 from 7.44 per cent in July and 7.00 per cent in August 2022
IMF cuts India's FY24 GDP forecast to 5.9%
17 Apr 2023
Despite a significant drop in growth rate projections from 6.8 per cent in 2022 to 5.9 per cent in 2023, the latest World Economic Outlook figures show that India continues to be the fastest-growing major economy in the world
RBI keeps policy repo rate unchanged at 6.50%
06 Apr 2023
While the inflation trajectory for 2023-24 would be shaped by both domestic and global factors RBI expects consumer price inflation to average around 5.2 per cent for 2023-24, considering the emerging trends in production and supply and assuming an annual average crude oil price (Indian basket) of $85 per barrel and a normal monsoon
India sees a spike in active Covid-19 cases
03 Apr 2023
Consumer price inflation for agricultural and rural workers at 6.94% and 6.87% in February
21 Mar 2023
India’s economic growth seen lower at 4.4% in Q3 FY23
06 Mar 2023
Gross domestic product (GDP) for the current fiscal (2022-23) is expected to be lower at 7.0 per cent compared to the 9.1 per cent growth in the previous fiscal (2021-22)
Core sector output up 7.8 per cent in January
06 Mar 2023
RBI hikes policy repo rate by a further 25 basis points to 6.50%
08 Feb 2023
The RBI said the Monetary Policy Committee decided to remain focused on withdrawal of accommodation to ensure that inflation remained within the target going forward, while supporting growth
India’s economy seen growing at 6.0-6.8% in 2023-24
31 Jan 2023
Economic Survey 2022-23 projects a baseline GDP growth of 6.5 per cent in real terms in FY24, following a growth rate of 7 per cent for the year ending March 2023 and an 8.7 per cent growth in the previous financial year
Supreme Court upholds validity of EWS reservation
07 Nov 2022
While Justices Dinesh Maheshwari, Bela Trivedi and JB Pardiwala upheld the 103rd Constitution Amendment, Justice S Ravindra Bhat wrote a dissenting judgment to which Chief Justice UU Lalit concurred
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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