Tuesday, February 7, 2023
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Govt to closely monitor CAD as export growth declines: MoS Finance

The government on Monday said that it is aware of the downside risks to the Indian economy & will closely monitor the CAD in view of the decline in exports

No power supply disruption due to high demand: RK Singh

There will be no disruption in electricity supply due to high demand during summer, and he will not hesitate to import coal, said Singh

India will become world’s third largest economy by 2027-28: Panagariya

Panagariya said that India is on the cusp of returning to a high growth trajectory & voiced confidence it will become world's third-largest economy by 2027-28

Need to closely monitor CAD: Economic Survey

The Economic Survey 2022-23 underlined the need for close monitoring of the CAD which may continue to widen because of elevated global commodity prices

States’ fiscal health show improvement: RBI report

States' GFD is budgeted to decline from 4.1 percent of GDP in 2020-21 to 3.4 percent of GDP in 2022-23, said a report by RBI

India’s growth will come down to 6.6% next fiscal: World Bank

India's economic growth rate will come down to 6.6 percent in next financial year from an expected 6.9 percent in 2022-23, said the World Bank

Budget to focus on fiscal consolidation, cap fiscal gap at 5.9%: Report

The forthcoming budget is likely to meet the targeted 6.4 percent fiscal deficit and pencil in for 50-bps reduction for the next fiscal, said a report

Budget 2023: PM to hold pre-budget meeting with economists & experts

Ahead of union budget, PM Modi will meet economists & sectoral experts at NITI Aayog to discuss the state of the economy and measures to accelerate growth

India’s GDP nearing to USD 20 trillion by 2047: Bibek Debroy

India's GDP will be close to USD 20 trillion by 2047 and per capita income may reach USD 10,000, said Bibek Debroy on Wednesday

Fiscal deficit touches 59% of full-year target in Nov: CGA data

Government's fiscal deficit at the end of November touched 59 percent of the full year budget estimate, revealed the CGA data

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