Latest Economy News
RBI Wants Govt To Prohibit Cryptocurrencies: Sitharaman Tells Parliament
The RBI mentioned that cryptocurrencies are not a currency because every modern…
R&D jobs in India rise by 42% in 3 yrs: Indeed
Ahmedabad, NFAPost: Roles in Indian research and development (R&D) increased 42 per cent in…
Mobile imports down 33% in FY22 as local production rises: Report
Mumbai, NFAPost: The phased manufacturing programme and the production-linked incentive scheme have…
World Bank Cuts India’s FY23 GDP Forecast To 7.5% Amid Rising Inflation
New Delhi, NFAPost: The World Bank cut its 2022-23 (FY23) realgross domestic…
RBI Raises Repo Rate To 4.9%; Expects Inflation To Hurt For 3 Quarters
Inflation forecast increased to 6.7% for FY23; GDP forecast retained at 7.2%…
Policy Tightening To Pressure FY23 Numbers, Deficit Seen At 6.7%: UBS
The government has pegged the combined fiscal shortfall at 9.8 per cent…
Economic Recovery Is Underway Despite Headwinds: RBI
-----RBI balance sheet grew by 8.46% in FY22: Annual report ----The year…
Moody’s Slashes India’s 2022 GDP Growth Forecast By 30 BPS To 8.8%
In its update to Global Macro Outlook 2022-23, Moody's said high-frequency data…
WEF 2022: Advanced Economies To Be Back On Track By 2024: Gita Gopinath
Advanced economies will be back on track by 2024, but developing economies…
