Ratio of Currency in Use Records 14.5% of GDP
The ratio of currency in circulation as the balance of GDP reached a record of 14.5 per cent for fiscal 2020-21 amid the raised demand...
Tag : GDP
IFC to Strengthen Annual Allocation for India to $3 Billion
The International Finance Corporation (IFC) to boost its annual allocation for India to $3 billion, its regional vice president for Asia and Pacific, Alfonso Garcia...
Economic Recovery Need Both Fiscal, Monetary Policy Support
Economic recovery will need both fiscal and monetary policy support, and the government will have to act quickly in fixing the protectionist policies and fast-tracking...
Aqgromalin Raises Rs 5.5 Crore From Zephyr Peacock
Aqgromalin raised Rs 5.5 crore in funding led by Zephyr Peacock India Growth Fund. As part of the deal, Zephyr Peacock, provider of growth capital...
Moody’s Cuts India Growth Forecast For 2021 to 9.6%
Moody’s Investors Service on Wednesday forecasted India’s growth to 9.6 per cent for the 2021 calendar year, from its earlier estimate of 13.9 per cent,...
Credit Suisse Cuts India’s FY22 GDP Forecast to 8.5-9%
Credit Suisse has sharply lowered its real GDP growth forecast for this fiscal year to around 8.5-9 per cent, citing economic disruptions in the country...
Fiscal Deficit to Bring Down to 4.5% of GDP by FY26: Budget 2021
India’s fiscal deficit target for 2021-22 is a little bit higher than expected, a Moody’s analyst said on Monday, after the government presented its federal...
FM to Table Economic Survey 2020-21 in Parliament Today
Finance Minister Nirmala Sitharaman tabled the Economic Survey 2020-21 in the Lok Sabha following which the house was adjourned. Today’s Survey holds significance as the economy...
India March Manufacturing PMI at Four-Month Low of 51.8
India’s manufacturing sector growth slowed to a four-month low in March as a nationwide lockdown, called to contain the COVID-19 outbreak, threw economic activity out...
Stock Markets to Remain Open on Budget Day
As the Narendra Modi government has decided to stick to its tradition of presenting the Union Budget on February 1 despite it being a Saturday...