Wed, Mar 29, 2023
Borrowers in Goa opted increasingly for private sector banks and small finance firms instead of nationalized and cooperative banks in 2022-23, the state's Economic Survey report said. Overall bank loans during 2022-23 (up to September 2022) stood at Rs 30,769.92 crore against Rs 30,609.13 crore during the same period in 2021-22, as per the report.
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Tue, Jan 31, 2023
The budget session of the Parliament started from today. On its first day, Finance Minister Nirmala Sitharaman presented the report of the Economic Survey. In which India's GDP growth in the financial year 2024 has been estimated to be 6% to 6.8%. Whereas, in the financial year 2023, India's GDP growth has been estimated to be 7%. India's economy showed strength despite the fear of global recession. Watch this special report of Aapki Khabar Aapka Fayda.
Finance Minister NirmalaSitharaman presented the Economic Survey. Current fiscal year: GDP growth estimated at 7%. GDP growth estimated at 6.5% in FY24. Know full details from Tarun Sharma.
Rupee closed at day's low after a long time. Rupee weakened by 50 paise against dollar.
Talking about the banking sector in India, the Survey said it has also responded in equal measure to the demand for credit as the year on year growth in credit since the January-March quarter of 2022 has moved into double digits and is rising across most sectors.
India’s CAD widened to 4.4 per cent of the GDP in the quarter ending September, from 2.2 per cent of the GDP during the April-June period due to a higher trade gap, according to the latest RBI data.
Economic Survey 2023: Reserve Bank of India’s (RBI) projection of retail inflation at 6.8 per cent in the current fiscal is neither too high to deter private consumption, nor so low as to weaken inducement to invest, the Economic Survey said on Tuesday.
Challenge to rupee depreciation persists with the likelihood of further interest rate hikes by the US Federal Reserve, Economic Survey 2022-23 tabled by Finance Minister Nirmala Sitharaman said
Stock Market HIGHLIGHTS: Indian equity benchmarks Sensex and Nifty50 inched higher on Tuesday, extending gains to a second straight day, a day before the presentation of Union Budget 2023 in Parliament by Finance Minister Nirmala Sitharaman. On Tuesday, the Economic Survey — tabled by the finance minister in Parliament on January 31 — projected the country's GDP to expand 6.5 per cent in the year ending March 2024, helping India retain its position as the fastest-growing major economy despite the extraordinary set of challenges across the globe. Globally, equities were a mixed bag ahead of key rate decisions by major central banks including the Fed and the ECB.
Mon, Jan 30, 2023
Budget 2023: Union Budget for the financial year 2023-24 is set to be presented on February 1 by Finance Minister Nirmala Sitharaman. But before that, Economic Survey will be presented in the Parliament. So, let's find out what is Economic Survey and why it is important?
Tue, Jan 17, 2023
Budget 2023: One day prior to the Budget 2023-24, a document called ‘Economic Survey’ which provides an outlook on the Indian economy in the past year, will be presented.
Mon, Jan 31, 2022
India’s insurance penetration stood at 4.2 per cent as of 2020 and has seen a steady rise since 2001, when it was at 2.71 per cent, according to Economic Survey 2022, released on Monday.
Supply-side management kept prices of most essential commodities under control during the year, the Economic Survey 2022 noted. The retail inflation, as measured by CPI-C moderated to 5.2% in 2021-22 (April-December) from 6.6% in corresponding period of 2020-21, the Economic Survey 2021-22 says
India was the fourth largest forex reserve holder as of December 2021 accoring to the Economic Survey 2022 released on Monday. The continuous inflow of the forex reserve has trasnsformed india from the earlier Fragile Five countries to the the fourth largest forex reserve holder, the survey noted
India’s Gross Domestic Product (GDP) growth rate is expected to be between 8-8.5 per cent for the Financial Year 2023 according to the estimates by the government.
Most of us are aware of the annual union budget but do you know what is Economic Survey of India? It is an important annual financial document that is released and presented one day before the Union Budget speech. From its history to its making, here's all you need to know about the Economic Survey of India.
Economic Survey 2022: The Union Budget 2022-23 will be presented by Union Finance Minister on February 1, 2022.
Fri, Jan 28, 2022
The Economic Survey is meant to elucidate the government's take on the ongoing Financial year while also offering glances into the Indian economy's present state. ICRA, in its recent report, made a forecast of a 9.0% GDP growth in FY2022, with a clear K-shaped divergence amongst the formal and informal parts of the economy and the large gaining at the cost of the small.
Sun, Jan 31, 2021
India suffered its biggest blow in at least four decades following lockdown amid Covid 19 pandemic. Its GDP growth rate hit its lowest in the Apr-Jun quarter at 23.9 per cent raising concerns over the further increase in inequality of income.
Sat, Jan 30, 2021
Economic Survey has called out credit rating agencies for being biased against India in assigning sovereign credit ratings thus adversely impacting the FPI inflows.
Fri, Jan 29, 2021
In an exclusive interview with Swati Khandelwal, CEA Krishnamurthy Subramanian discuss the economic survey before the budget.
Before Budget 2021, Finance Minister Nirmala Sitharaman tabled the Economic Survey in Parliament. Know more details in the video.
An increase in government spending on the healthcare sector - from the current 1 per cent to 2.5-3 per cent of GDP - as envisaged in the National Health Policy 2017 could reduce out-of-pocket expenditures, as per the Economic Survey 2020-21.
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