US GDP contracts for 2nd straight quarter; is recession inevitable?
The U.S. GDP contracted at a 0.9% annual pace in the second quarter of 2022, following a 1.6% annual drop in the March quarter
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July 2022
June 2022
May 2022
Centre vs states: Who's fiscally more profligate?
Centre and RBI are doubling down on states for their alleged fiscal mismanagement while it is the Centre which is fiscally more profligate and needs to put its house in order
ADB cuts India’s FY23 GDP growth forecast to 7.2%
India's net exports will shrink due to subdued global demand and a rising real effective exchange rate; manufacturing firms will bear the brunt of higher input costs, says ADB report
Economy on course to 8-8.5% GDP growth in Q1 FY23: FinMin
Ministry says economic activity is holding up "better than expected" and a sustained growth momentum seen across high-frequency indicators
Intent to hire in India up 7% for Q2 FY23
The increase in hiring intent is imminent, and the next few quarters are expected to see the intent to hire cross the 70% mark, says TeamLease report
India's current account deficit dips 1.5% to $13.4bn in March quarter
Sequential decline in current account deficit in Q4 FY22 was mainly due to moderation in the trade deficit and lower net outgo of primary income.
India GDP growth to decline, capex to support momentum: FinMin
India’s GDP growth is expected to slowdown, but remain higher than other emerging market economies and highest among major countries, the ministry says.
Current account deficit at three-year high of 1.38%: India Ratings
The rating agency expects the current account deficit to have moderated to $17.3 billion (1.96% of GDP) in the fourth quarter of FY22.
World Bank slashes India's GDP growth forecast to 7.5%
This is the second time that the World Bank has revised down its GDP growth forecast for India in the ongoing financial year.
Ukraine war, inflation restrict Q4 GDP growth at 4.1%, FY22 growth at 8.7%
This brings India's GDP growth for the March quarter to an one-year low despite managing to outdo expectations by most analysts.
