#MCOpinion: The government walked the #fiscal middle ground by keeping FY22 #deficit closer to the initial target, and followed the past template of 0.5 percent of #GDP reduction for FY23.

Read more here 👇
https://www.moneycontrol.com/news/opinion/budget-2022-government-focuses-on-capex-multipliers-8033321.html?utm_source=telegram&utm_medium=social

#RBIPolicy | The #RBI today projected the real #GDP for FY22-23 at 7.8%, as it surprised the market by holding the key rates steady, continuing policy support for the #economy amid the pandemic.

Read at ⬇️
https://www.moneycontrol.com/news/business/economy/rbi-monetary-policy-gdp-growth-projected-at-7-8-for-fy23-8070231.html?utm_source=telegram&utm_medium=social

#MCProOpinion: The third quarter #GDP data, out on Monday, is a bit academic now, given the negative economic impact of the #Russian invasion of #Ukraine.

Read at
https://www.moneycontrol.com/news/opinion/covid-weary-economy-faces-expensive-energy-bar-amid-ukraine-crisis-8172541.html?utm_source=telegram&utm_medium=social

#Economy | #GDP figures have revealed that in the Q3 of 2021-22, both components of India's external trade have zoomed past their pre-Covid levels. #Exports are also now 20.4% of India's economy, up from 17.8% a year back.

Read:
https://www.moneycontrol.com/news/business/economy/q3-gdp-data-exports-and-imports-shoot-past-beyond-pre-covid-levels-8175161.html?utm_source=telegram&utm_medium=social

#TakingStock: Indian equity #markets were battered again today, as a worsening #Ukraine crisis, rising #crude prices, which are stoking #inflation worries, and weak #GDP numbers weighed on #investors.

Read more 👇
https://www.moneycontrol.com/news/business/markets/taking-stock-worsening-ukraine-war-hits-indian-market-hard-sensex-and-nifty-down-1-8184581.html?utm_source=telegram&utm_medium=social

The Centre will continue to support demand in FY23 through the 2022 #Budget even though it plans to improve its #finances and lower the #fiscal deficit to 6.4% of #GDP.

Read more 👇
https://www.moneycontrol.com/news/business/economy/fiscal-policy-to-boost-demand-by-0-3-of-gdp-in-fy23-rbi-staff-say-8244651.html?utm_source=telegram&utm_medium=social

However, as a percentage of the #GDP, the external #debt declined slightly to 20% from 20.3% as at the end of September 2021.

Get more information about it 👇
https://www.moneycontrol.com/news/business/economy/indias-external-debt-rises-11-5-billion-in-oct-dec-2021-to-614-9-billion-8301231.html?utm_source=telegram&utm_medium=social

While the latest numbers on the govt's finances continue to show the Centre is on track to meet its revised #fiscal deficit target of 6.9% of #GDP for FY22, February saw a sharp rise in the #deficit.

Read more 👇
https://www.moneycontrol.com/news/business/economy/centres-fiscal-deficit-jumps-to-82-7-of-fy22-target-in-april-2021-february-2022-8302031.html?utm_source=telegram&utm_medium=social

India's annual median #GDP growth forecast stood at 7.4% for 2022-23, according to a survey by the FICCI released today.

Read the details 👇
https://www.moneycontrol.com/news/business/economy/indias-fy23-gdp-growth-estimated-at-7-4-rbi-rate-hike-of-50-75-bps-seen-by-fy-end-ficci-survey-8311901.html?utm_source=telegram&utm_medium=social

#RBIMonetaryPolicy

👉 #RepoRate left unchanged at 4%

👉 RBI lowered the projected #GDP growth for FY23 to 7.2%

👉 #CPIInflation is seen averaging higher at 5.7% in FY23

Here are key takeaways from #RBI Guv Shaktikanta Das' speech 🔻
https://www.moneycontrol.com/news/business/announcements/rbi-monetary-policy-key-takeaways-from-governor-shaktikanta-das-address-2-8333781.html?utm_source=telegram&utm_medium=social

Growth in #China was already slowing in the latter half of last year with a property market slump & regulatory crackdowns, leading policymakers to set their lowest annual #GDP target in decades for 2022.

Read more 👇
https://www.moneycontrol.com/news/business/economy/china-economic-growth-under-virus-coronavirus-covid-threat-8367991.html?utm_source=telegram&utm_medium=social

#MCMinis ⚡️ Quick explainers & crisp insights on topics that matter all of the sizes of your phone's screenshot! 📲

Easy, fast & reliable. Checked them out yet? Explore now: https://moneycontrol.com/news/mcminis

#Economy #GDP #India #COVID19 #Coronavirus #COVID19Impact

#ICYMI: The statistics ministry had estimated in February that India's #GDP would grow 8.9% in FY22.

Read at 👇
https://bit.ly/3NHauAy

#RBIPolicy | #RBI has retained its #GDP growth forecast for FY23 at 7.2%, with the #MPC saying the recovery in domestic economic activity is "gathering strength".

Read at 👇
https://bit.ly/3zpxLDb

#NewsAlert 🚨 US Q3 GDP (QoQ, advance) comes in at 2.6% against an estimate of 2.3% (Previous -0.6%)

#DowFutures jump 300 points after a better-than-expected #GDP report

India’s #GDP is expected to more than double by the end of this decade from over $3 trillion to more than $7 trillion. A #MorganStanley report stated that the country is well estimated to become the world’s third-largest #economy and stock market. It also mentioned that New India will drive a fifth of global growth through the end of this decade.

Watch the video for more 📹
https://bit.ly/3G5lffy

India's current account deficit rises to 4.4 pc of #GDP in #Q2 as against 2.2 pc in Q1

Check out the highlights

India Q3 #GDP, Core sector output and #PMIs, and more

Here are the key economic events in India and from around the world to get you started for next week 👇🏻

https://bit.ly/3ZkhCZu

#MCProOpinion: As per capita #GDP moves up to the $4,000 #inflection point, the financialisation of assets is also expected to double.

Read more 👇
https://bit.ly/43ooNCP