The survey further noted that about 91 per cent respondents believe that the 'Aatmanirbhar Bharat' initiative, coupled with monetary policy actions by the RBI did contribute to bringing the economy back on track.
India's economy is expected to expand by 8.3 per cent in the fiscal year 2021-22, unchanged from last June's forecast as the recovery is yet to become broad-based.
The Indian economy is expected to grow at 9.2 per cent in 2021-22 fiscal, surpassing pre-Covid level in actual terms due to improved performance especially in farm, mining and manufacturing sectors.
Currently, India is the sixth-largest economy in the world, behind the US, China, Japan, Germany and the United Kingdom.
Higher exports and more consumption, investment and capex on technology are expected to be growth drivers of the Indian economy in FY2023, says a report by Aditya Birla Sun Life Mutual Fund.
The economists said they were earlier estimating Q4 growth to come at 6.1 per cent, which can get impacted by 0.2-0.3 per cent because of the Omicron threat.
While the new-age tech companies’ customer network got strengthened, most of them did not concentrate on their service providers’ welfare.
Private equity investments have surged by nearly 20% post-Covid in India. Several other factors like growing credit scores, better GST collection in this financial year indicate that Indian economy is gradually recovering.
Finance Nirmala Sitharaman speaking at the Hindustan Times Leadership Summit stated that high-frequency indicators suggested that the economy was headed for a strong recovery.
The spread of the Omicron coronavirus variant could lead to the US Fed being forced to delay the tapering of its bond-buying programme which would have a direct positive impact on the Indian stock markets.
The economist pointed out that in the fiscal year 2020-21, the deficit of all levels of governments is estimated to be 14 per cent of GDP and the same is estimated to be around 10 per cent of GDP in 2021-22.
India is targeting to increase its low-carbon power capacity to 500 gigawatts (GW) by 2030, and meet 50 per cent of its energy requirements from renewable energy by 2030.
Formalisation of the Indian economy has been a stated aim of the Narendra Modi government. And a SBI Research report released Friday, holds up the report card.
Moody's expects India's economy to continue to recover in the next 12-18 months, with GDP growing 9.3 per cent in the fiscal year ending March 2022 and 7.9 per cent in the following year.
Domestic demand is gaining strength while aggregate supply conditions are recouping, powered by the robust performance of kharif agricultural production.
The forecast for the sovereign remains unchanged from its July update. However, the growth forecast is a three per cent drop compared to the 2021 forecast published in April this year.
According to Ocean Tomo’s Intangible Asset Market Value Study, the ratio of tangible to intangible assets has changed substantially over the years
Beneath the glossy sheen of an up-and-coming economy - the dreams and aspirations of many an Indian have been diminished over the decade. Several, just forced to barely survive.
A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.PTI Photo
Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.PTI Photo
A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.PTI Photo
Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
He would take his colour, brushes and canvas outside to paint and talk with his love. He would stand close to the window and paint, keeping an eye on his muse.
They say the violin mimics the human sound. In his case, it was that of love, of longing. He didn’t know any other way of loving.
Younger people do not have much progressive beliefs; a 2017 survey found that one-third of young people opposed inter-caste marriage.
The pandemic has made it clear that virtual learning is here to stay. In the West, the big question is whether it will dilute the quality of the college experience and education. In India, which grapples with digital divide, the question remains whether this will reach most people at all.
Even after two years of the Covid-19 pandemic, many 'informed' individuals in India continue to deny the virus with unscientific claims and unfounded data. The latest? Omicron will end the pandemic.
Across Asia there are deeply entrenched obstacles to a mode of higher education that is liberal in multiple senses – disciplinary and epistemological but also social and political.
The two incidents in the recent past, one in Mon district of Nagaland and the other at Lakhimpur Kheri in Uttar Pradesh, undermined the core principles democracy and federalism.