Inflation, growth concerns forced surprise rate hike: MPC minutes
The worsening outlook of inflation warrants timely action to forestall second round effects which could lead to unanchoring of inflation expectations, states the RBI governor.
economic growth
May 2022
February 2022
January 2022
December 2021
Budget capex push to ensure multiplier effect on economy: Sitharaman
The Budget also touches upon themes of sustainability, predictable tax regime, and continuing good measures from last year, said FM Nirmala Sitharaman.
Indian economy set for 9% growth in FY22, fastest in FY23: FinMin
The finance ministry expects consumption and demand to pick once the uncertainty and anxiety due to Covid-19 pandemic recedes.
Budget 2022: Centre spending more on day to day expenses
Revenue expenditure, or expenses in the current period, had been falling as a percentage of GDP till FY19, but changed direction after that to touch 15.2% in FY21.
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.
99% CEOs in India expect better economic growth in 2022: PwC
The report titled, PwC's 25th Annual Global CEO Survey, says that 99% of CEOs in India believe India's economic growth will improve over the next 12 month.
India GDP to grow 8.3% in FY22, says World Bank; 1.2% lower than govt estimate
Even though the recovery is yet to become broad-based, Indian economy should benefit from the resumption of contact-intensive services, World Bank said.
Why FM will score
The success of Nirmala Sitharaman's supply-side measures, robust tax numbers and an upbeat industry mean the finance minister has a lot going for her as she readies Union Budget 2022.
Predictions 2022: The year of Decacorns, ESG and endemic
The key challenge for 2022 will be sustaining the rebound in growth while central banks unwind loose monetary policies.
