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India remains fastest growing economy with 13.5% growth in Q1

by AIP Online Bureau | Aug 31, 2022 | Eco/Invest/Demography, Indian News, Policy

The government is expecting the economy to grow at 7-7.5 per cent in 2022-23, in line with its projections made at the beginning of this financial year. India’s $3.3 trillion economy, with a per capita income of around $2100, has grown less than 2% a year in...
It may take 12 years for Indian economy to overcome COVID losses: RBI

It may take 12 years for Indian economy to overcome COVID losses: RBI

by AIP Online Bureau | Apr 29, 2022 | Eco/Invest/Demography, Health, Pandemic, Policy

The output losses for individual years have been worked out to Rs 19.1 lakh crore, Rs 17.1 lakh crore and Rs 16.4 lakh crore for 2020-21, 2021-22 and 2022-23, respectively Mumbai: The Indian economy is likely to take over 12 years to overcome the COVID-19 losses,...

Indian economy to grow 9.2 pc in 2021-22, surpass pre-Covid level: Govt data

by AIP Online Bureau | Jan 7, 2022 | Indian News, Policy

The improvement in the economy comes over a GDP contraction of 7.3 per cent during 2020-21 due to the pandemic and resultant lockdown imposed to curb the spread of the deadly coronavirus New Delhi: The Indian economy is estimated to grow at 9.2 per cent in the 2021-22...

Indian economy grows 8.4 pc in July-September, surpasses pre-COVID level

by AIP Online Bureau | Nov 30, 2021 | Eco/Invest/Demography, Indian News

Financial, real estate and professional services growth stood at 7.8 per cent in Q2 FY22 compared to a contraction of 9.1 per cent. This year, a massive second wave of the pandemic hit the country in the middle of April, which forced states to impose fresh...

India set to become world’s fastest-growing economy, Finance Ministry report says

by AIP Online Bureau | Nov 11, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

The report said, softening retail inflation and adequate liquidity in the market are also reflected in largely stable G-Sec and corporate bond yields since July 2021. New Delhi: Armed with necessary macro and micro growth drivers, India is on its way to becoming the...
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