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India Ratings and Research
India’s November retail inflation below 6%; October IIP contracts 4%
India's retail inflation eased to an 11-month low in November, falling below the central bank's upper target limit of 6% for the first time since December last year but economists expect monetary tightening to continue as the central bank…
Logistics industry to benefit from Rail Land Licensing policy says Ind-Ra
The policy would lead to increased participation from private players as well as help in reducing the overall logistics costs, it added
The policy would lead to increased participation from private players as well as help in reducing the…
Centre contains fiscal deficit at 6.7% of GDP – Times of India
NEW DELHI: Buoyant tax collections and higher growth in nominal GDP (including inflation) helped the Centre contain its fiscal deficit at 6. 7% of GDP, against the 6. 9% target for 2021-22. Latest data released by the Controller General of…
Sitharaman reviews PSBs’ readiness to tackle any Omicron-induced disruption
Finance Minister Nirmala Sitharaman on Friday chaired a meeting with chiefs of public sector banks and assessed their readiness to tackle any possible disruptions due to the Omicron variant.
In a tweet, the finance ministry said during the…
Ind Ra revises up FY22 GDP estimate to 9.4%, flags inequality in ‘K-shaped’ recovery
“Whatever recovery we talk about now will be a 'k-shaped' recovery,” Ind Ra’s principal economist, Sunil Kumar Sinha said, making it clear that this isn't a 'v-shaped' recovery
India Ratings and Research (Ind Ra) on Thursday revised…
India Ratings revises India’s FY22 GDP growth to 9.4%; links forecast to vaccination drive
India Ratings and Research (Ind-Ra) has revised India's GDP growth forecast for FY22 to 9.4% year-on-year, saying that the country's economic recovery would depend on the progress of its vaccination drive.
The forecast could further slip to…