Sunday, May 22, 2022
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Indian Economy

India, fastest-growing major economy, projected to grow 6.4% in 2022: UN

India is projected to grow by 6.4 percent in 2022, slower than the last year's 8.8 percent but still the fastest-growing major economy

India likely to become the fastest growing economy in next fiscal: Home Minister

Union Minister of Home Affairs and Cooperation Amit Shah said on Friday that India is likely to become the fastest-growing economy in the world in the next Financial Year

World is now favouring India instead of China: Nitin Gadkari

Addressing a virtual event on Saturday Union Minister Nitin Gadkari said that the time has come to increase MSME's share to 40 percent in India's GDP

Green shoots visible, Indian economy will revive with sustained growth: Anurag Thakur

Becoming Aatmanirbhar means that India can be connected to the global supply chain, but will focus on making the country a global hub of manufacturing, services, said Thakur

NITI Aayog: Clean energy can support India’s economic recovery post COVID-19

The report 'Towards a Clean Energy Economy: Post-Covid-19' jointly released by NITI Aayog and Rocky Mountain Institute (RMI) strongly votes for stimulus and recovery efforts that work towards building a clean, resilient, and least-cost energy future for India

Index of eight core sector released for May, output shrinks further

The growth rate of Index of Eight Core sector for May 2020 declined by 23.4% (provisional) compared to decline of 37% in previous month of April 2020. Its cumulative growth during April to May, 2020-21 was -30.0%

S&P says Indian economy growth may contract 5% this year

Projecting a grim situation ahead for the economic growth in India the global rating agency S&P said the Indian economy is in deep trouble and the growth may contract 5% this financial year

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