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July 10, 2024, 06:20 PM - 2 min read
The healthcare industry in India is urging the government to increase its expenditure on healthcare to 2.5% of the GDP in the upcoming Budget 2024-25. This call to action comes as the nation grapples with economic development challenges and the need to provide essential services to a growing population.
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June 27, 2024, 11:58 AM - 2 min read
India’s external debt to GDP ratio fell to 18.7% in March 2024 from 19.0% in March 2023. Despite a $39.7 billion rise in external debt to $663.8 billion, high economic growth boosted GDP, lowering the debt-to-GDP ratio.
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June 26, 2024, 12:02 PM - 2 min read
Speaking at the Annual General Meeting of the Bombay Chamber of Commerce on Tuesday, Das defended the monetary policy committee's (MPC) decision to maintain the 4% inflation target. He emphasized the importance of avoiding policy errors related to inflation control. Earlier this month, the MPC kept the policy interest rate unchanged at 6.5% for the eighth consecutive time, citing inflationary concerns.
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June 14, 2024, 03:11 PM - 2 min read
The Confederation of Indian Industry (CII) expects India's economy to grow at 8% in 2024-25, driven by improved agricultural performance, increased private investment, and favorable monsoon conditions.
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June 7, 2024, 12:23 PM - 2 min read
RBI revised its GDP growth projection for the current fiscal to 7.2%, citing rising private consumption, rural demand revival, and favourable monsoon forecasts, while emphasising domestic factors as the primary driver for monetary policy decisions despite global economic trends.
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May 31, 2024, 08:33 PM - 2 min read
India’s economy grew 7.8 per cent in the March quarter, pushing up the annual growth rate to 8.2 per cent, according to official data released on Friday.
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