If the forecast of IMF turns out to be true, India will be the worst affected economy in the South Asia. However, Finance Minister Nirmala Sitharaman’s Rs. 73,000 crore package looks bright.
Humans have been on a constant quest of finding a better tomorrow. Philosophers, economists and seers, all have defined their own scales of measuring human development and growth since ages. But are we doing it right?
India’s current account deficit (CAD) narrowed to 14.3 billion dollars or two per cent of the gross domestic product (GDP) during April to June, data released by the Reserve Bank of India showed.
At a time when the government is at the centre of Opposition’s attack after the GDP which slumped to six-year low, Finance Minister Nirmala
Former President Pranab Mukherjee said here on Thursday that Gross Happiness is no less important than Gross Domestic Product (GDP), and its
Former finance minister P Chidambaram, who is currently in CBI’s custody, took a jibe at the government on Tuesday over the growth rate of 5 per cent
The state of the economy today is deeply worrying. The last quarter’s GDP growth rate of 5% signals that we are in the midst of a prolonged slowdown. India has the potential to grow at a much faster rate but all-round mismanagement by the Modi government has resulted in this slow down.
Congress leaders hit out at the Prime Minister Narendra Modi-led government over the growth rate of 5 per cent in April to June quarter.
For the last quarter of 2018-19, India’s GDP grew at 5.8%, well below the 7% average that it has clocked over the last few years.