Govt to release today India’s economic growth forecast for this fiscal year, weeks ahead of Budget announcements

The first advance estimates are early forecasts and they usually undergo revisions as more data become available. However, the growth projections will come weeks ahead of the Budget 2023 announcement that is scheduled for February 1. The estimates from the National Statistic Office is a key consideration for the policy proposals that Finance Minister Nirmala… Continue reading Govt to release today India’s economic growth forecast for this fiscal year, weeks ahead of Budget announcements

Editor’s review 2022: A warmer Arabian Sea, energy transition and a search for economic value

After two years of fear, illness, deaths and economic loss due to the COVID-19 pandemic, 2022 was a year that brought rays of sunshine. When India, like the rest of the world, was trying to make the best of the brightness, the shadows of the war in Ukraine and its fallout on fuel and food… Continue reading Editor’s review 2022: A warmer Arabian Sea, energy transition and a search for economic value

India’s employment gaining momentum, shows FinMin’s Oct economic review; hiring sentiment strongest globally

A slowdown in demand for work under MGNREGS surfaced as a sign of healthy recovery in the rural economy and a jump in employment in both agricultural and non-agricultural activities, the report highlighted. Read More