Indian economy will grow by 9.5% in 2021, 8.5% in 2022, predicts IMF

The International Monetary Fund’s projections about India remain the same as those made in its previous report released in July.

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· Oct 12, 2021 · 11:07 pm

RBI retains growth forecast at 9.5% for 2021-’22, keeps repo rate unchanged at 4%

This is the eight consecutive time that the central bank has maintained status quo of the repo and the reverse repo rates (3.5%).

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· Oct 08, 2021 · 10:20 am

India’s economy will grow by 8.3% in 2021-’22 fiscal year, predicts World Bank

Pace of vaccination against Covid-19 and agricultural and labour reforms will determine the state of the economy, the World Bank said in a report.

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· Oct 07, 2021 · 03:27 pm

Moody’s revises India’s credit rating outlook to stable from negative

The agency, however, maintained the country’s credit rating at ‘Baa3’ – the lowest investment grade.

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· Oct 06, 2021 · 09:35 am

Output of eight core sectors rose 11.6% in August, up from 9.9% in July

Production in all the sectors, except refinery products and crude oil, were above the levels recorded before the Covid-19 pandemic struck.

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· Sep 30, 2021 · 09:39 pm

India’s economic growth forecast lowered to 10% for 2021-’22, says Asian Development Bank

Rising input costs will push inflation to 5.5% instead of the previous estimate of 5.2%, the funding agency said.

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· Sep 22, 2021 · 12:01 pm

Centre not sharing its rising revenue with states, says Raghuram Rajan

The former RBI governor said that India was too large to be run exclusively by the central government.

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· Sep 15, 2021 · 12:59 pm

India’s wholesale inflation drops to 11.16% in July from 12.07% in June

The high rate of inflation was primarily due to the low base effect and rise in prices of crude petroleum and natural gas, the government said.

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· Aug 16, 2021 · 05:59 pm

Output of eight core sectors rises 8.9% in June

The core sector production has shown a sharp rise in the last three months due to a low base effect as economic activities were largely stalled in 2020.

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· Jul 30, 2021 · 08:57 pm

India’s economic growth forecast lowered to 10% for 2021-’22, says Asian Development Bank

The projection for 2022-2023 was upgraded from 7% to 7.5% as economic activity is expected to normalise after most of the population is vaccinated, ADB said.

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· Jul 20, 2021 · 01:44 pm

India’s wholesale inflation marginally eases to 12.07% in June

The inflation eased after six months.

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· Jul 14, 2021 · 03:07 pm

Even as the Indian economy is facing a Covid-induced downturn, the rupee has remained stable

On July 7, the currency was valued at 74.62 to the United States dollar as compared to 75.66 in the last week of March 2020.

Mimansa Verma, qz.com

· Jul 09, 2021 · 07:30 pm