Tag: indian economy

  • Good news for the economy, an increase in export orders

    (Deepshikha Gautam, Intern Journalist) New Delhi: There is good news for the economy on the export front in the country amid the Corona crisis. Exporters are getting 20 percent more orders for the upcoming October-November compared to the previous 5 months. According to exporters, the level of new orders is around the pre-Corona period and…

  • India needs to choose the economy it wants – Toyota or Pakora?

    (Milcah Anila, Intern Journalist)India: India must break out of this vicious cycle in which taxes are high, consumer demand is low, investment and job creation are constrained, and wage incomes are insufficient to boost purchasing power at the bottom of the pyramid. Taxes are hence exorbitant and have to be collected from a small consuming…

  • Economy towards big decline

    (Deepshikha Gautam, Intern Journalist) New Delhi: Rating agencies have forecast a major decline in the Indian economy from the Corona epidemic and lockdown. The Fitch rating forecasts a steep 10.5% drop in the Indian economy in the current financial year 2020-21. At the same time, India’s rating has predicted a steep drop of 11.8%. Goldman…

  • World’s Kitchen: India supplies more food to the world

    (Rishitha Jaladi, Intern Journalist)Delhi: As the financial system comes to a standstill amid the coronavirus-led lockdown, India’s agriculture zone has taken the baton of monetary increase in its hands. The exports of agricultural commodities from March to June 2020 shot up with the aid of 23.24 percent on-year to Rs 25,552.7 crores, under the Ministry…

  • Time for Gramodaya

    (Rishitha Jaladi, Intern Journalist)Delhi: India’s per capita GDP in rural areas has grown for 6.2% on account that 2000. The agricultural region has proven a staggering boom of 5.9% in Q4 2020. CRISIL’s forecast states agricultural region will depict a 2.5% increase in 2020-21 as towards India contracting at 4.2%. The elements beneficial for the…

  • India’s road to economic revival

    (Rishitha Jaladi, Intern Journalist)Delhi: As India’s financial boom struggles to regain momentum, sector-specific efforts throughout 9 key sectors can assist the united states of America to jump closer to revival. Unlocking frictions in 9 core sectors and the MSME segment, which makeup seventy-five percent of the pre-pandemic GDP, over the subsequent three years and can drastically…

  • India’s GDP may fall by 3.1%, will accelerate in 2021: Moody’s

    (Kajal Singh journalist):Moody’s had lowered India’s credit rating by a notch earlier this month to ‘BAA3’. This is the lowest rating category investable.New Delhi: Credit rating agency Moody’s Investors Service has predicted a 3.1 percent decline in the size of the Indian economy in 2020. The agency also feared a change in geographical conditions in…

  • Vietnam objected to Paracel Island laying cable under China’s sea

    Vietnam objected to China’s recent cabling in the disputed Paracel Islands, saying it was a violation of Vietnamese sovereignty. Radio Free Asia (RFA) quoted the Vietnamese Foreign Ministry as saying that the country has deployed a Coast Guard vessel to another contested island chain in the South China Sea in an apparent response to the…

  • Economy lying sluggishly even before Covid-19

    (Juhi Aishwary, Intern Journalist):  The coronavirus can have a huge impact on the country’s economy. From the figures released by the government on Friday for the last quarter of the last financial year and the whole year, it is clear that we have entered the Covid-19 era with a very weak economy. The growth rate of GDP…

  • Indians will bring NewYork’s economy back on track

    A commission has been formed to put the economy of New York Province on track to become the epicenter of the Corona epidemic in America. It also includes Indian physician Siddharth Mukherjee and higher educationist Satish Tripathi. Born in Delhi, Mukherjee won the Pulitzer Prize in 2011 for his book on cancer. While Tripathi studied…