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Latest Articles in economic growth
Global Recovery Slowing Amid Widening Divergences Among Economic Sectors, Regions
While the forecast for 2023 is modestly higher than predicted in the April 2023 world economic outlook (WEO), it remains weak by historical standards
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Banks Vs NBFCs: Why MSMEs Prefer The Latter For Loans
The credit profiles of Indian banks and non-banking financial companies (NBFCs) are expected to remain strong despite the challenging global environment
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What Happened To The Indo-British Free Trade Deal?
Despite the challenges, the Indo-British agreement holds immense potential for both nations, fostering trade and investment, according to the experts
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India’s GDP Likely To Grow At 6.1% In FY24: Standard Chartered Bank
Supportive government policies, a sustained revival in services and a pick-up in private capex are tailwinds for growth, according to the report
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Why Are Women Leaving Textile Industry In Rural India?
In garment factories, employment is often based on piece-work contracts. Men work long hours for financial stability, but rural women face challenges, especially if the factory is far from their homes
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ADB Maintains India's Growth Forecast At 6.4% For FY24
The growth forecast for the current fiscal year is based on the assumption of normal rainfall and weather conditions, along with no further geopolitical shocks
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The Globe Has Tilted. India Has Opportunity To Shape Economic Agenda
PM Modi’s ambitious goal of achieving high-income status by 2047 is doable. However, we must aim beyond the GDP‒ and higher. A 15 trillion-dollar economy in 25 years is not a real indicator of development, writes Vikas Singh
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Economic Activity Remains Robust, PHDCCI Economy GPS Index Grows 13.7% In June
PHDCCI economy GPS index captures the momentum in supply-side business activity through growth in GST collections, demand-side consumer behaviour through volume growth in passenger vehicle sales
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About 72% Indians Witnessed Positive Experience With GST Law: Survey
About 91 per cent of respondents agreed that area-based exemptions can effectively address regional imbalances by attracting businesses to economically disadvantaged areas
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Small Business, Big Impact: NBFCs' Role In India's Economic Growth
As per a report by the RBI, the share of NBFCs in the total credit extended to the economy increased from 16.4 per cent in December 2022 to 29.1 per cent in February 2023
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India's MSME Sector: Bridging The Decelerating Credit Growth
Delayed payments can create a domino effect, where MSMEs are unable to pay their own suppliers, creating a vicious cycle of outstanding dues impacting the entire supply chain ecosystem, writes Ketan Gaikwad
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World MSME Day: Remembering India's Dynamic Sector And Growth Enabler
This year MSME Day will mark its 6th anniversary, it was started in 2017 by the United Nations General Assembly (UNGA) considering the urgent recognising of the MSMEs’ role in development across the world
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Recession In Germany: Is A Crash Coming To India?
Despite the challenges posed by Germany's recession, experts believe that this also presents opportunities for the Indian economy
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India's Economic Activity Remains Steady, Says PHDCCI
E-way bills have shown significant YoY growth of around 20 per cent, increasing from 73.6 million in May 2022 to 88.2 million in May 2023
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India’s GDP Likely To Grow 6% This Fiscal, Says Crisil
The external demand will inevitably be a drag on growth with major advanced economies are expected to slow on the sharp rise in interest rates
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