Budget 2023: Is India ready to face global recession?
Distress signals: In FY23, average income and consumption may not breach FY20 level, fiscal spending is lower than FY21 and FY22 and trade deficit zooms to 6% of GDP by December 2022
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Shying from multilateral trade bodes ill for GDP growth
Apart from denying exports-led growth opportunity, India’s aversion to trade with big and powerful blocs would shut the door to global supply and value chains
IMF cuts India’s FY23 economic growth forecast by 80 bps to 7.4%
For India, IMF says revision reflects mainly less favourable external conditions and more rapid policy tightening
WTO proposes global e-commerce rules, tariff cuts
World Trade Report comes ahead of WTO's 12th Ministerial Conference in Geneva during November 30-December 3.
RBI faces fresh challenge with Covid-19 second wave
The new spurt in infections has suddenly added uncertainty to the domestic growth outlook amidst tightening of restrictions by some state governments.
This decade will mirror the ’90s: Kenneth Andrade
The veteran of the investment industry argues that this decade will witness an export-led growth. And while IT and pharma would rule the economy, other smaller industries, too, will jostle to rise up.
Covid-19: Lockdown extended till May 17
The extension, which takes the total day-count of the lockdown to 54, will add to the challenges that the economy was already facing before Covid-19 took the shape of a pandemic.
