Indian Economy

India's effort to boost consumption through government spending and low interest rates is paying off, with the economy gaining strength just as a new coronavirus variant emerges as the top threat to a global recovery.

Data was expected to show that India's economic recovery strengthened in the July-September quarter, helped by a pick-up in consumer spending, though the spread of the Omicron coronavirus variant raised fears for the future.

The November 22-25 poll of 44 economists put the median year-on-year growth forecast at 8.4 per cent in the July-September period.

Till now in the current fiscal, the government has received Rs 20,222 crore in terms of dividend from several state-owned entities

The foreign secretary emphasized India's economic growth trajectory despite challenging times, adding that the post-pandemic economy that will differ significantly from the present one.

Japanese and Indian officials are working on ways to release national reserves of crude oil in tandem with the United States and other major economies to dampen prices, seven government sources with knowledge of the plans told Reuters.

Indian economy will face a crisis if a law is made for guaranteeing minimum support price (MSP) for crops, Anil Ghanwat, a member of the Supreme Court-appointed committee on farm laws, said on Monday.

Defence Minister Rajnath Singh on Sunday said that Indo-Pacific being a key route is important for the world economy and it is the primary objective of the Indian Navy to keep it secure.

The economic advisory council to Prime Minister Narendra Modi expects the country's growth to range between seven per cent and 7.5 per cent in the next fiscal year

Fitch said India's quick recovery from the pandemic and easing financial sector pressures are narrowing risks to the medium-term growth outlook

The RBI governor doubted the current trading numbers in crypto currencies and said the investors are being lured to open accounts by offering credit

A finance ministry report said today that India is on its way to becoming the fastest-growing major economy in the world.

Indian Oil says its new XtraGreen diesel uses a modified DMFA (Diesel Multi-Functional Additive) to lower emissions and improve the vehicle's fuel efficiency.

Government will use a big jump in revenue collection to fund welfare programmes instead of trying to beat its fiscal deficit target or lower borrowing

The announcements by the country's fuel retailers came just days after Prime Minister chalked out plans to achieve net zero carbon emissions by 2070

India's effort to boost consumption through government spending and low interest rates is paying off, with the economy gaining strength just as a new coronavirus variant emerges as the top threat to a global recovery.

Data was expected to show that India's economic recovery strengthened in the July-September quarter, helped by a pick-up in consumer spending, though the spread of the Omicron coronavirus variant raised fears for the future.

The November 22-25 poll of 44 economists put the median year-on-year growth forecast at 8.4 per cent in the July-September period.

Till now in the current fiscal, the government has received Rs 20,222 crore in terms of dividend from several state-owned entities

The foreign secretary emphasized India's economic growth trajectory despite challenging times, adding that the post-pandemic economy that will differ significantly from the present one.

Japanese and Indian officials are working on ways to release national reserves of crude oil in tandem with the United States and other major economies to dampen prices, seven government sources with knowledge of the plans told Reuters.

Indian economy will face a crisis if a law is made for guaranteeing minimum support price (MSP) for crops, Anil Ghanwat, a member of the Supreme Court-appointed committee on farm laws, said on Monday.

Defence Minister Rajnath Singh on Sunday said that Indo-Pacific being a key route is important for the world economy and it is the primary objective of the Indian Navy to keep it secure.

The economic advisory council to Prime Minister Narendra Modi expects the country's growth to range between seven per cent and 7.5 per cent in the next fiscal year

Fitch said India's quick recovery from the pandemic and easing financial sector pressures are narrowing risks to the medium-term growth outlook

The RBI governor doubted the current trading numbers in crypto currencies and said the investors are being lured to open accounts by offering credit

A finance ministry report said today that India is on its way to becoming the fastest-growing major economy in the world.

Indian Oil says its new XtraGreen diesel uses a modified DMFA (Diesel Multi-Functional Additive) to lower emissions and improve the vehicle's fuel efficiency.

Government will use a big jump in revenue collection to fund welfare programmes instead of trying to beat its fiscal deficit target or lower borrowing

The announcements by the country's fuel retailers came just days after Prime Minister chalked out plans to achieve net zero carbon emissions by 2070