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.
Sitharaman said that the next year's increase would be somewhere between 8% and 9%, with a range of 7.5 to 8.5%.
Since March 2020, the RBI has kept the repo rate at 4%, due to its focus on supporting the economy
Kotak Securities expects the growth in the formal sector to exceed the growth of the overall economy
Reports indicate that Rs 133 crore has been wasted so far due to lost business hours
For 2022-23, IMF expects economic growth of 8.5%, larger than the 6.9% it had projected in April
The downgrade was mainly on account of the impact of the Covid-19 pandemic
Rakesh Jhunjhunwala, also known as the Warren Buffett of India, believes that tax collections this year will surprise the government
Indian economy has been adversely impacted by the pandemic and the recovery has been relatively sluggish in the wake of the second Covid wave