India's GDP growth slows down to 5.4% in October to December quarter
The government has projected 8.9% growth in 2021-’22, which is lower than the January estimates.
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The government has projected 8.9% growth in 2021-’22, which is lower than the January estimates.
Some minor adverse impact on exports (primarily electrical machinery, chemicals including pharmaceuticals, and iron & steel) can also be expected on account of uncertainty on the order front, as per a report by Nomura.
India’s growth-focused budget for the upcoming fiscal year, on the back of record market borrowing, has fuelled worries among bond traders who fear the central bank may now be forced to act on the inflationary risks, despite its dovish policy stance. Coupled with global crude oil prices at seven-year highs and expectations for the U.S. ...
India’s growth-focused budget for the upcoming fiscal year, on the back of record market borrowing, has fuelled worries among bond traders who fear the central bank may now be forced to act on the inflationary risks, despite its dovish policy stance. Coupled with global crude oil prices at seven-year highs and expectations for the U.S. ...
India's growth budget sparks concerns on inflation, tighter rates