The ratings agency raised the economic growth projection for the next financial year to 10.3% from previously forecast 10%
Financially empowering them through higher resource availability, including own resource generation and transfers, are critical for, says RBI
Indian economy had slumped by 24.4% in the corresponding year last year
Festival demand the main growth driver; official figures will be out tomorrow
The brokerage sees growth accelerating further to 9.8% in FY23
Chief economic adviser prepares the document; incumbent K Subramanian’s stint is ending on December 7
The ratio of currency in circulation as a proportion of GDP rises to 14.5% for 2020-21
Since the note-ban, many measures since the note-ban in November 2016 have accelerated digitisation of the economy
The International Monetary Fund (IMF) lowered India's potential growth prediction to 6% last week, citing the pandemic as the reason.
From a fiscal perspective, the report estimates the consolidated deficit to narrow to 9.8% of GDP in the current year from 13.4% in FY21