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GDP grows at 7.8 pc in Apr-Jun, India remains fastest growing economy

by AIP Online Bureau | Aug 31, 2023 | Eco/Invest/Demography, Indian News, Policy

The expansion in ‘financial, real estate and professional services’ GVA was 12.2 per cent, up from 8.5 per cent in the year-ago quarter New Delhi: India recorded an economic growth rate of 7.8 per cent in the April-June quarter of 2023-24 and remained the fastest...

Internet shutdowns in Manipur, Punjab reportedly cost Indian economy $1.9 billion

by AIP Online Bureau | Jul 2, 2023 | Data, Eco/Invest/Demography, Risk Management, Technology

Shutdowns are extremely disruptive to economic activity: they halt e-commerce, generate losses in time-sensitive transactions, increase unemployment, interrupt business-customer communications, and create financial and reputational risks for companies New Delhi:...

Govt taking steps to make India $5 trn economy ‘at an early date’: FinMin

by AIP Online Bureau | Mar 14, 2023 | Eco/Invest/Demography, Indian News, Policy

The IMF’s World Economic Outlook earlier said the size of the Indian economy will increase from USD 3.2 trillion in 2021-22 to USD 3.5 trillion in 2022-23 and cross USD 5 trillion in 2026-27. Some of the important measures taken by the government in the past to...

Women in Indian informal economy ready to compromise on salaries for health benefits: Survey

by AIP Online Bureau | Mar 7, 2023 | Eco/Invest/Demography, Facts, Health, Workplace/Employee Benefits

‘India Inc must invest in training and skill development for better employability of women, helping them find employment opportunities, and offer social security benefits – as opposed to simply salary considerations – to a wider employable population,”...

Dip in manufacturing pulls down Q3 growth to 4.4pc, economy to grow at 7pc in FY23: Govt data

by AIP Online Bureau | Feb 28, 2023 | Eco/Invest/Demography, Indian News

Gross savings during 2021-22 are estimated at Rs 70.77 lakh crore against Rs 57.17 lakh crore during 2020-21, it stated The rate of Gross Saving to GNDI (Gross National Disposable Income) for 2021-22 is estimated at 30.0 per cent as against 28.4 per cent for 2020-21,...
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