Photo: India Today

Indian Economy To Suffer Due To Extreme Heatwave Conditions In India

The continuing heatwaves and rise in temperature, which have taken a serious toll on Indians, are expected to lead to a major impact on the Indian economy. Notably, the scorching summers with over 40 degrees Celsius in Indian states, will now have a bad effect on the economy, leading to the worst inflation. Some of the major impacts will be on agriculture, healthcare, labor loss, and power disruption.

Tue, 18 Apr 2023 - 11:36 AM / by Varsha Joshi

Tags: heatwave, Summers 2023, Indian Economy, Inflation, Health

Courtesy: India Today

Nirmala Sitharaman

Photo: India Today

Union FM Announces Key Budget 2023-2024, Details Here

Union FM Nirmala Sitharaman announces budget 2023-2024 with key announcements for agriculture, health, education and railways. Sitharaman announced libraries for students, 157 nursing colleges at core locations, new staff for Eklavya model school, Rs 2 lakh crore to be borne by centre for security needs, Rs 15,000 crore released for tribal group development mission, Rs 2.40 lakh crore for Indian Railways, Rs. 75,000 crores for railway… read-more

Wed, 01 Feb 2023 - 11:56 AM / by Varsha Joshi

Tags: Budget, Union FM, Nirmala Sitharaman, Indian Economy, PM Modi Government

Courtesy: Times of India

Nirmala Sitharaman

Photo: India Today

Nirmala Sitharaman To Present 2023-2024 Union Budget Today

Union Finance Minister Nirmala Sitharaman is set to present the Union 2023-2024 Budget on February 1. This budget holds important significance as it will be the last budget of the Modi Government, ahead of the 2024 General elections. Furthermore, in 2023-2024 budget, real-estate sector, health sector and Indian tourism have expected initiatives to boost their economy in India. Moreover, middle-class people and citizens are also expecting some… read-more

Wed, 01 Feb 2023 - 10:03 AM / by Varsha Joshi

Tags: Nirmala Sitharaman, Union budget, Modi Government , Industries, Indian Economy

Courtesy: Zee News India

Growth Chart

Photo: The Economic Times

Indian Economy Expected To Slow Down To 6.1% In 2023; Says IMF

As per the International Monetary Fund (IMF), the Indian economy is expected to slow down in the next fiscal year with a projected growth of 6.1% from the previous 6.8%. On January 31, the IMF released its monthly update, which estimated global growth of 3.4% in 2022 to 2.9% in 2023, then rise to 3.1% in 2024. "we're expecting some slowdown to 6.1% in fiscal year 2023." said IMF Director.

Tue, 31 Jan 2023 - 10:29 AM / by Varsha Joshi

Tags: Indian Economy, IMF, Indian government, business, Global Growth


Photo: The Indian Express

US DFC To Invest $37.5 Million In Indian Businesses To Support Economy

The US International Development Finance Corporation (DFC) recently announced to invest  $37.5 million (Rs 299 crorea) to support key sectors in India. The investment is expected to fuel the growth of businesses working in sectors like financial services, agriculture, healthcare, and climate. The company announced the investment in their current FY Quarter, as a form of political risk insurance product and financial instrument for various… read-more

Sun, 11 Sep 2022 - 09:00 AM / by Varsha Joshi

Tags: Indian Startups, Investment, us company, DFC, Indian Economy

Courtesy: First Post

PM Modi Smiling

Photo: NDTV

India's Merchandise Exports Cross $400 Bn Mark Post COVID

India has achieved the target of $400 billion merchandise exports for the financial year 2021-22, as per a Tweet by PM Modi. Reportedly, India's merchandise exports stood at $298.1 billion in the financial year 2020-21. "This is a key milestone in our Aatmanirbhar journey," PM Modi Tweeted. Union Home Minister Amit Shah Tweeted, "This reflects the boost in the Indian economy post Covid".

Wed, 23 Mar 2022 - 05:36 PM / by Shibu Immanuel S

Tags: Exports, Indian Economy, PM Modi, Aatmanirbhar Bharat, Amit Shah

Courtesy: ANI

MP CM Shivraj Singh Chouhan

Photo: Business Standard

CM Say's, Cow Dung, Urine Can Help India's Economy: Madhya Pradesh

Madhya Pradesh CM, Shivraj Singh Chouhan stated that cow dung and urine could strengthen the state's economy and make the country financially viable. Moreover, cow sanctuaries and shelters have been developed by the government. He further added that it could not function independently, and would require support from society. MP's crematoriums have been using read-more

Sun, 14 Nov 2021 - 09:52 AM / by Nehal Surana

Tags: Madhya Pradesh, cow dung, Cow urine, CM Shivraj Singh Chouhan, Indian Economy

Courtesy: India Today

Shaktikanta Das

Photo: The Week

Shaktikanta Das Gets Reappointed As RBI Governor

Reappointment of Shaktikanta Das as the governor of Reserve Bank of India has been approved by the Appointments Committee of the Cabinet. The governor has been reappointed for a period of three years after December 10, 2021. DoPT stated, "The ACC has approved the reappointment of Shri Shaktikanta Das, IAS Retd, (TN:80) as Governor, RBI for a period of three years beyond 10.12.2021".

Fri, 29 Oct 2021 - 11:04 AM / by Nehal Surana


Courtesy: UNI

World Bank President David Malpass.

Photo: Global Capital

'Indian Economy Is Recovering, But Not Enough': World Bank Chief

The World Bank President David Malpass welcomed the progress in the Indian Economy which was hit hard by the COVID-19 pandemic. He further said that India was facing huge challenges, but now has made huge progress with the huge production of vaccines. However, Malpass also said, ''There is progress, but not enough.'' Earlier, the World Bank expected the Indian Economy to grow at 8.3% this year.

Thu, 14 Oct 2021 - 03:45 PM / by Nehal Surana

Tags: World Bank, Indian Economy, Covid-19, India

Courtesy: The Economic Times

RBI Governor Shaktikanta Das

Photo: Business Standard

RBI Maintains Status Quo On Repo Rate & Reverse Repo Rate

The Reserve Bank of India (RBI) on October 8 issued its new report in which it has kept the repo rate unchanged at 4% and reverse repo rate at 3.35%. Reportedly, the decision ''by a majority of 5-1'' will push India's economic growth and recovery. Notably, the repo rate is the lending rate of RBI to commercial banks while RBI takes loans at the reverse repo rate from the banks. 

Fri, 08 Oct 2021 - 11:32 AM / by Brijesh Goswami

Tags: RBI, repo rate, Reverse Repo Rate, Indian Economy