India is expected to clock the highest growth among the world’s big economies this year and the country’s economy is witnessing the “famous snowball effect” that will lead to more investments and more jobs, according to World Economic Forum (WEF) ...
Private sector investment has begun to unfold at a steady pace backed by solid internal resources, Chief Economic Adviser V Anantha Nageswaran on Thursday said, adding that greenfield investments have become imminent in sectors such as steel and cement. “Private ...
India’s economic activity picked up pace in April on record tax collections and a booming services sector though rising unemployment and weaker trade metrics could sap some sentiment. The needle on a dial measuring the so-called Animal Spirits swung to ...
There are downside risks to growth and upside risks to inflation, partly channelled through the external sector and partially originating from weather uncertainties, the finance ministry said in a report on Monday. Consumption has shown steady and broad-based growth, while ...