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Overview of economy News

09 Apr 2023

FPIs Dump Indian Equities Worth Rs 37,631 Cr In FY23

Since FPIs started investing in 1993, this is the first time they sold consecutively for two financial years.

26 Mar 2023

FPIs Invest Rs 7,200 Cr In Indian Equities In March So Far

Most global equity markets witnessed a sharp recovery.

Economic Survey 2023

31 Jan 2023

Ind Economy Poised to do Better, Inflation to be Well-Behaved Next Fiscal: CEA

India's economy is projected to slow to 6.5 per cent in the fiscal year starting April but will remain the fastest-growing major economy in the world as it fared better in dealing with the extraordinary set of challenges the globe has faced, the Economic Survey 2022-23 said.

Economic Survey 2023

31 Jan 2023

Economic Survey: India's Export in Value for the First 3Qr of FY23 up 16%

The Economic Survey said that India remains the fastest-growing major economy in the worldGDP in nominal terms has been projected at 11 per cent in next fiscal.

Economic Survey 2023

31 Jan 2023

Economic Survey Warns of Financial Contagion Emanating From Advanced Economies

At least three shocks have hit the global economy since 2020, Economic Survey for 2022-23 has noted. Central banks across economies led by the Federal Reserve responded with synchronised policy rate hikes to curb inflation. The rate hike by the US Fed drove capital into the US markets causing the US Dollar to appreciate against most currencies.

Economic Survey 2023

31 Jan 2023

Economic Survey: Capital Exp Target of Rs 7.5 Lakh Cr for FY23 to be Met

Finance Minister Nirmala Sitharaman tabled the Economic Survey for 2022-23 in the Lok Sabha on Tuesday soon after the President Droupadi Murmu's Address to both Houses of Parliament.

Economic Survey

31 Jan 2023

CAD May Continue to Widen, Need to Closely Monitor: Economy Survey

Current Account Deficit may continue to widen: Survey The CAD continues to widen because of elevated global commodity prices. The country's CAD widened to 4.4% of GDP in the September quarter.

Economic Survey 2023

31 Jan 2023

Economic Survey 2023: 6.8 % Inflation not High to Weaken Private Investment

The Economic Survey 2022-23 was tabled in Parliament by Finance Minister Nirmala Sitharaman. The Survey details the state of economy in the current fiscal, while giving a sneak peek into the future.

31 Jan 2023

Economic Survey 2023 Highlights: Economy Nearly Recouped What was Lost

Economic Survey 2023 LIVE Updates: The Economic Survey document will give insights into the state of the economy and various indicators in the current financial year 2022-23 (April-March) and outlook for the next year.

31 Jan 2023

Economic Survey 2022-23 to be Tabled Today: Know its Importance and History

The Survey, which is tabled in Parliament by the Finance Minister ahead of the Union Budget, is being prepared by Principal Economic Advisor and other officials in absence of the Chief Economic Advisor (CEA), who traditionally is the main architect of the document.

31 Jan 2023

Parliament's Budget Session From Today

The Budget session will have 27 sittings. The first part of the session will conclude on February 14. Parliament will reconvene on March 12 for the second part of the session and continue till April 6.

28 Nov 2022

S&P cuts India's growth forecast to 7% for FY23

S&P had in September projected the Indian economy to grow 7.3 per cent in 2022-23 and 6.5 per cent in next fiscal year (2023-24).

22 Nov 2022

Asset monetisation of Rs 33,422 cr in FY23 so far, Coal Min leads with Rs 17K

The govt monetised the assets worth Rs 33,422 crore under NMP. The coal sector raises Rs 17,000 crore against the target of Rs 30,000 crore. The Civil Aviation ministry raised Rs 411 crore against the target of Rs 7,299.

Economic Survey 2022

01 Feb 2022

Over Rs 1,500 crore paid by DICGC to 1.2 lakh depositors of defaulting banks

The deposit insurance cover was increased from Rs 1 lakh to Rs 5 lakh per depositor per bank. The Deposit Insurance and Credit Guarantee Corporation (Amendment) Act was passed by Parliament in 2021. The act made significant changes in the landscape of deposit insurance in India.

Overview of economy

01 Feb 2022

Delhi has replaced Bengaluru as start-up capital: Economic Survey

The survey said 4,514 startups were added in Bengaluru. Total of 11,308 startups. Maharashtra has the highest number of recognised startups in the country.

31 Jan 2022

Economic Survey 2022 tabled in Parliament: Read key highlights

Indian economy estimated to grow by 9.2 percent in real terms in 2021-22 (as per first advanced estimates) subsequent to a contraction of 7.3 percent in 2020-21.

President Ram Nath KovindBudget 2022

31 Jan 2022

‘Jan Dhan-Aadhaar-Mobile’ trinity empowered citizens, says President Kovind

44 crore poor people joined the banking system, President Kovind said. President Kovind also pointed out the advancements the government has made in making the country a digital economy. He also praised the government’s PM-Sva-Nidhi scheme for enhancing the self-esteem of the poor.

31 Jan 2022

Read Full Text: President Ram Nath Kovind's address to Joint Sitting of Parl

Here is the Read Full Text of President Ram Nath Kovind's address to the Joint Sitting of two Houses of Parliament

31 Jan 2022

Equities rise further post tabling of Economic Survey; Sensex up 1,000 points

The Economic Survey is an annual report card on the health of the economy which examines the performance of every sector and suggests future guidance.

Economic Survey

31 Jan 2022

Economic Survey 2022: Services sector hardest hit by Covid-19 pandemic

Segments in services sectors that involve human contact were hit the hardest by the pandemic. The Economic Survey expects the services sector to grow by 8.2 per cent in the ongoing financial year. The survey expects Agriculture sector growth at 3.9 per cent and Industrial sector growth of 11.8 per cent in FY22.

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