Indian economy on an ‘upswing’: Panagariya

India’s economy is on an “upswing” and the government’s plans for increased spending comes in the backdrop of pro-growth reforms, Niti Aayog former VC Arvind Panagariya said on Tuesday even as he opined that it might take longer to become a $5 trillion economy due to the coronavirus pandemic-induced disruptions. Continue Reading

Motor insurance gets digital push in India

The insurance market in India is growing double of country’s GDP almost every year, yet the country continues to be underpenetrated in Tier 3 and 4 cities. Continue Reading

Economy to see sharp recovery soon: Finance Commission Chairman

India will see a sharp V-shaped recovery in the third and fourth quarter of the current fiscal, but FY21 GDP growth would ultimately be in negative territory as the coronavirus lockdown led to serious demand and supply dislocations, 15th Finance Commission Chairman N K Singh said. Continue Reading

India Q3 GDP growth moderates to 6.6%, slowest in 5 quarters

Estimates made by global bodies and expert firms on India’s economy were in the wrong as the Central Statistics Office (CSO) deferred from their viewpoint, revising the GDP growth forecast to lesser than what was projected earlier. Continue Reading