Thursday, March 23, 2023

Tag: Indian Economy

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India’s CERT-In Sounds the Alarm on New Microsoft Security Threats

The Indian Computer Emergency Response Team (CERT-In), which has expressed worries about a vulnerability in the Microsoft Edge browser, has issued a new security...

Molnupiravir, the new magic drug for Covid-19? How it may help rebound Indian economy

Molnupiravir by Merck & Co’s is the new Covid-19 pill. Experts claim that it will help nations struggling to vaccinate their citizens. As per an...

RBI MPC keeps repo rate unchanged, digital currency soon in India

The Reserve Bank of India has decided to keep the repo rate unchanged for yet another term. The decision aims to support India's economic growth,...

Inflation: How it is affecting your pocket? For second month it remains above 6 per cent

India’s retail inflation was down marginally in June. However, it remained above the upper limit of RBI’s inflation target for the second straight month....

Fitch cuts India’s growth forecast to 10 per cent, cites vaccination as a way for economic revival

As the states in India come to unlocking in a phased manner, there is a sequential improvement in economic momentum that has set since...

Domestic equity markets end in green ahead of economic recovery

Domestic equity markets finally ended in green on Friday. S&P BSE Sensex closed 166 points higher at 52,484. However, the 50-stock NSE Nifty gained...

Fuel rates revised again: How rising petrol and diesel prices impact Indian economy?

In another revision of fuel rates this month, petrol got costlier by 34-35 paise. While diesel is now hiked by 28-30 paise. The revision in...

FM Nirmala Sitharaman announces eight new schemes to boost economy

Finance Minister Nirmala Sitharaman on June 28, 2021, announced 8 new schemes to boost the sectors undergoing the Covid-19 restrictions. The government extended a federal...

Moody’s slashes India’s growth projection to 9.6 per cent

Moody’s Investors Service has slashed India’s growth projection to 9.6 per cent for 2021 from its earlier estimate of 13.9 per cent. It says that...

India’s GDP contracted 7.3 per cent in 2020-21: NSO

India's Gross Domestic Product (GDP) contracted 7.3 percent in 2020-21. The statistics come as per provisional National Income estimates released by the National Statistical...

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