The Indian economy’s growth of 9.2% in FY22 comes on the back of a low base effect due to a 7.3% contraction in FY21. In real terms, 2022 GDP will be barely 1.3% higher than that of FY20–a loss of two years.
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Macro
Budget 2022: GDP’s 2-year Setback
The Indian economy’s growth of 9.2% in FY22 comes on the back of a low base effect due to a 7.3% contraction in FY21.
Macro
Extreme weather conditions, prolonged geopolitical tensions to keep crude oil prices volatile: RBI
"Overall, the second-round effects of food and fuel inflation on headline have become subdued, especially after the adoption of flexible inflation targeting (FIT) in India," says the apex bank.
Telecom sector AGR up 1.8% to ₹67,835 cr in Dec 2023 qtr: Trai
The YoY growth rate for AGR in the December 2023 quarter compared to the corresponding quarter last year was 7.84%
What drives India’s robust services exports? RBI explains
RBI, in its latest bulletin for April, says to benefit from digitalisation and GenAI, a supportive policy and FDI measures are critical
India 4th largest military spender in 2023 at $83.6 bn: Sipri
The top three spenders were the United States (US), China, and Russia, in that sequence
Macro
Extreme weather conditions, prolonged geopolitical tensions to keep crude oil prices volatile: RBI
"Overall, the second-round effects of food and fuel inflation on headline have become subdued, especially after the adoption of flexible inflation targeting (FIT) in India," says the apex bank.
Telecom sector AGR up 1.8% to ₹67,835 cr in Dec 2023 qtr: Trai
The YoY growth rate for AGR in the December 2023 quarter compared to the corresponding quarter last year was 7.84%
What drives India’s robust services exports? RBI explains
RBI, in its latest bulletin for April, says to benefit from digitalisation and GenAI, a supportive policy and FDI measures are critical
India 4th largest military spender in 2023 at $83.6 bn: Sipri
The top three spenders were the United States (US), China, and Russia, in that sequence
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