Indian economy to grow at 7.2%, inflation high at 6.7%, projects RBI

The Reserve Bank of India (RBI) on Wednesday projected that the country’s economy will grow at 7.2 per cent in the Financial Year 2022-23. The central bank has increased its inflation forecast to 6.7 per cent for the current fiscal year. The RBI has kept the real gross domestic product (GDP) growth forecast for…

GDP growth explained: Indian economy grew but cloud of uncertainty looms

The Indian economy has grown, braving the covid pandemic and the ongoing Russia-Ukraine conflict that led to global inflation. However, the road ahead will not be a rosy one for the government as the cloud of price rises is looming large. The economic growth of India slowed to the lowest in the financial year 2021-22…

Indian economy benefitted from the collective thinking and coordinated efforts: FM Sitharaman at CII Annual Meeting

Finance Minister Nirmala Sitharaman on Thursday said that the Indian economy benefitted from the collective thinking and coordinated efforts of all the stakeholders. Addressing the CII Annual Meeting 2021, she thanked the industry for being level-headed while facing the challenges during the first and second…