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Homec > Economy

Economy

Pricey vegetables, dal may push back rate cut
May was a time of delight for policymakers with retail inflation touching a 25-month low. It was the third successive month of decline with the rates in March and April recorded at 5.66% and 4.7%. But the party could be spoilt in June, economists have warned.
India suffered the sharpest hike in airfares
India has been one of the fastest growing aviation markets and airfares have also risen sharply in India
Inflation Fried In Edible Oil!
The decrease in retail inflation during May can be attributed to a significant drop in the prices of edible oils and vegetables
CEA points to pvt capex, hopes for 6.5% growth this year
Data from the National Statistical Office showed that capital investment in the country picked up in the January-March quarter
Economy surprises with 7.2% growth for FY23
The GDP growth in 2022-23 is lower than the previous year, as the growth rate registered during 2021-22 was 9.1 percent
Darjeeling tea: Export cup struggling to cheer this year
The economic travails in Europe that already range from slowdowns to downright recession are threatening to worsen the situation for export of Darjeeling tea
Darling of world investors, but FDI falls to 10-year low
If repatriation by foreign companies and disinvestment in Indian operations are taken into account, the drop is even more dramatic 27%.
Will red tape trip India's growth story?
Moody’s Investor Service warned in a research report that red tape could decelerate investments into India, where slow approval processes and licences lengthened gestation period for different projects
Centre earned more than 8 lakh crore from fuel taxes
The excise duty on petrol rose from Rs 19.48 per litre as on October 5, 2018 to Rs 27.90 a litre as on November 4, 2021
ADB scales down India’s GDP growth projections to 9.7% in FY 22
ADB said South Asia is forecast to grow at 8.6% in 2021, compared with the September's forecast of 8.8%

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