Economic Indicators

Government's Measures To Combat Inflation May Hurt Growth

Government's Measures To Combat Inflation May Hurt Growth

Reuters | Monday May 23, 2022, NEW DELHI

India's export duty hikes and tax cuts will likely hurt economic growth and raise the chances of the fiscal deficit widening

GDP Growth In March Quarter Of 2021-22 May Have Slowed: ICRA

GDP Growth In March Quarter Of 2021-22 May Have Slowed: ICRA

Press Trust of India | Monday May 23, 2022, Mumbai

Hiccups in recovery of contact-intensive services attributable to the third wave of Covid-19 in the country may have also affected the economic growth

India's Inflation Could Worsen Due To Prolonged High Temperatures: Moody's

India's Inflation Could Worsen Due To Prolonged High Temperatures: Moody's

Press Trust of India | Monday May 23, 2022, New Delhi

Prolonged high temperatures are credit negative for India, as that could exacerbate inflation and hurt growth, Moody's Investors Service said

Retail Inflation For Agricultural, Rural Labourers Rose In April

Retail Inflation For Agricultural, Rural Labourers Rose In April

Edited by Animesh Singh | Saturday May 21, 2022

Retail inflation for agricultural and rural labourers rose in April due to increase in food prices

Earning Rs 25,000 Per Month? You Are In India's Top 10%: Report

Earning Rs 25,000 Per Month? You Are In India's Top 10%: Report

Edited by Rahul Karunakar | Friday May 20, 2022

Highlighting a vast income distribution disparity in the country, the latest State of Inequality in India Report by the Economic Advisory Council to the Prime Minister shows a bleak picture, with gaps that need to be addressed so that the goals of social progress and shared prosperity are realised.

RBI Set For Aggressive Rate Hikes After Clear Hawkish Minutes: Economists

RBI Set For Aggressive Rate Hikes After Clear Hawkish Minutes: Economists

Anup Roy, Bloomberg | Friday May 20, 2022

The Reserve Bank of India is expected to aggressively tighten policy in the next meeting after minutes of its off-cycle policy review earlier this month revealed that rate setters pitched for front loading hikes amid a worsening inflation outlook.

Rate Hikes Need To Be Front-Loaded, Say Two MPC Members: RBI Minutes

Rate Hikes Need To Be Front-Loaded, Say Two MPC Members: RBI Minutes

Reuters | Thursday May 19, 2022

The sharp surge in inflation in India will require front-loading of interest rate increases, two members of the central bank's Monetary Policy Committee (MPC) said in minutes of its May 4 meeting released on Wednesday.

RBI May Hike Rates By 75 Basis Points By August: SBI Economists

RBI May Hike Rates By 75 Basis Points By August: SBI Economists

Press Trust of India | Monday May 16, 2022, Mumbai

The surge in India's inflation is a fallout of the Ukraine war and the RBI may hike rates by 75 basis points by August, said SBI Economists.

Not Wise To Overreact To Shocks, RBI Not "Behind The Curve": MPC Member

Not Wise To Overreact To Shocks, RBI Not "Behind The Curve": MPC Member

Press Trust of India | Sunday May 15, 2022, New Delhi

The RBI is not "behind the curve" in hiking interest rate to tackle rising inflation, Monetary Policy Committee (MPC) member Ashima Goyal said.

Morgan Stanley Cuts India Growth Forecasts On Inflation, Global Slowdown

Morgan Stanley Cuts India Growth Forecasts On Inflation, Global Slowdown

Reuters | Wednesday May 11, 2022

Morgan Stanley has lowered its forecasts for India's economic growth in the next two fiscal years, saying a global slowdown, surging oil prices and weak domestic demand would take a toll on Asia's third-largest economy.

Rupee Weakens To All-Time Low, Trading Beyond 77.40 Per Dollar

Rupee Weakens To All-Time Low, Trading Beyond 77.40 Per Dollar

Reported by Sakshi Bajaj, Edited by Rahul Karunakar | Monday May 09, 2022

The rupee hit all-time lows early on Monday, trading beyond 77.40 per dollar driven by investors' preference toward safety as lockdowns in China, war on the edge of Europe and fear about higher interest rates sent a nervous jolt through markets.

Unemployment Rate Stood At 8.7% During October-December 2021: NSO Survey

Unemployment Rate Stood At 8.7% During October-December 2021: NSO Survey

Press Trust of India | Saturday May 07, 2022, New Delhi

Unemployment rate for persons of 15 years and above in urban areas slipped to 8.7 per cent in October-December 2021 from 10.3 per cent of year ago

RBI’s First Rate Hike In 4 years, What Becomes Costly?

RBI’s First Rate Hike In 4 years, What Becomes Costly?

Edited by NDTV Business Desk | Wednesday May 04, 2022

The RBI has increased the repo rate upto 4.40 per cent from 4 per cent earlier while the cash reserve ratio (CRR) has been hiked by 50 basis points to 4.5 per cent

Amid Speculations On RBI's Rate Hike, Money Managers Look For Safer Bets

Amid Speculations On RBI's Rate Hike, Money Managers Look For Safer Bets

Subhadip Sircar, Nupur Acharya and Divya Patil | Monday May 02, 2022

A hawkish pivot by the RBI has money managers scurrying to find safer bets while bracing for potentially the steepest rate hikes in Asia

GST Revenues Surge To All-Time High Of Rs 1.68 Lakh Crore In April

GST Revenues Surge To All-Time High Of Rs 1.68 Lakh Crore In April

Press Trust of India | Sunday May 01, 2022, New Delhi

Goods and service tax (GST) revenues in April touched the highest ever level of about Rs 1.68 lakh crore, up 20 per cent from the year-ago period