Central government’s economic survey pegs growth at 7%

The government today pegged the growth rate for the current fiscal at 7 per cent, marginally up from the five-year low of 6.8 per cent recorded in the previous fiscal. Continue Reading

Robust pvt consumption to help Indian economy grow to 7.6%: UN

The Indian economy is expected to accelerate in 2019-20 to expand by 7.6 per cent from 7.4 per cent on the back of robust growth in private consumption, while private investment may continue to remain sluggish, a report release by UN said. Continue Reading

One nation, two worlds

I must congratulate you b’cos we’ve never had it so good. As we can see, the Indian economy is galloping. The facts and figures say it all: 9% GDP growth, soaring foreign investments, huge exchange reserves, stock markets at all time highs, Indians buying up foreign firms and the world watching our success story in open-mouthed awe. Continue Reading