Based on inflationary pressures, supply-chain challenges, and geopolitical concerns resulting from Russia’s invasion of Ukraine, the World Bank decreased India’s real gross domestic product (GDP) growth...
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India GDP estimated at Rs 147.5 lakh crore in FY22: MoS Finance Pankaj Chaudhary
India’s gross domestic product (GDP) is projected to grow at 9.2 per cent to Rs 147.5 lakh crore in 2021-22, Minister of State for Finance Pankaj...
Continue reading...Household debt soars to 37.1% of GDP, savings plunge 10.4% in Q2: RBI report
By Administrator_India Capital Sands The year-long pandemic left households more indebted, which has sharply jumped to 37.1 per cent of GDP in Q2 of FY21, while...
Continue reading...India’s GDP may turn positive at 1.3% in December quarter: Report
By Administrator_India Capital Sands India’s GDP may turn positive at 1.3 percent in the third quarter of 2020-21, having witnessed contraction in the previous two quarters...
Continue reading...Forget the alphabet jugglery, economic recovery is here to stay: FM
By Administrator_India Capital Sands Finance Minister Nirmala Sitharaman on Friday contested the observation in certain quarters that the recent economic recovery was due to the pent-up and festival...
Continue reading...Japan’s economy braces for worst postwar slump despite capex gains in first-quarter GDP
By Administrator_India Capital Sands Japan’s economy shrank less than initially estimated in the first quarter but the broad impact from the coronavirus crisis is still expected...
Continue reading...China posts first GDP decline on record as coronavirus cripples economy
By Administrator_India Capital Sands China’s economy shrank for the first time since at least 1992 in the first quarter, as the coronavirus outbreak paralysed production and...
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