CPI Inflation Falls To 12-Month Low At 5.72% In December
[ad_1] Retail inflation fell to the lowest since December 2021, remaining within the central bank’s target for the second straight month. The Consumer Price Index inflation was at 5.72% in…
Advance Estimates Peg FY23 Growth At 7%, Nominal Growth At 15.4%
[ad_1] The Indian economy will show resilient growth in the ongoing fiscal year as activity rebounds despite rising global headwinds. GDP is estimated to grow 7% in FY23, according to…
High Inflation And External Debt Among South Asia’s Most Pressing Problems, Says RBI’s Shaktikanta Das
[ad_1] Taming inflation and keeping external debt risks in check are two of South Asia’s most critical macroeconomic challenges, according to the Reserve Bank of India’s Governor, Shaktikanta Das. While…
India’s Current Account Deficit Widens To Record 4.4% Of GDP In Q2 FY23
[ad_1] India’s current account deficit continued to widen in the July-September quarter amid a rising merchandise trade deficit. The current account deficit increased to $36.4 billion, or 4.4% of the…
India’s Food Bill To Stay Elevated As Free Grain Scheme Is Replaced
[ad_1] India’s already high food subsidy bill is likely to stay elevated after the cabinet’s decision to provide free food grains under the National Food Security Act 2013. While the…