The Indian economy has improved in 2022 after dealing with the challenges posed by the Corona pandemic. This is expected to further improve India's growth rate in the coming quarters. However, the economy also faces risks such as geopolitical tensions, the strengthening of the dollar, and high inflation. Nevertheless, the positive trend of economic growth and improvement in basic activities will help the country to weather the global headwinds, which may hurt India's exports in the coming months.
Arvind Panagariya, the former vice-chairman of NITI Aayog, said that if nothing happens in the budget, which will have a negative impact, then the growth rate of seven percent should be maintained in the year 2023. He said that the depreciation of the rupee against the dollar along with high inflation has been a cause of concern for the policymakers. This made imports costlier and increased the current account deficit (CAD) of the country. The rupee will remain under pressure in the coming months as well.
India faces risks like high-interest rates and inflation
Andrew Wood, director of the sovereign and international public finance ratings at S&P Global Ratings, said India is reaping the benefits of strong GDP growth at market prices and rising revenues. However, India also faces risks such as a global slowdown, high-interest rates, and inflation.
India's growth rate was the highest at 9.7 percent in the September quarter. At the same time, the growth rate of euro currency areas was 3.2 percent.
Lithium deposits were found for the first time in the country. Its capacity is 59 lakh (5.9 milli
Delhi Deputy CM Manish Sisodia, who is in trouble in the matter of excise policy, has moved the S
US: Pentagon warns China, if it helps Russia, the consequences will be disastrous
The Pentagon, the headquarters of the US Defense Ministry, has bluntly said that there are strong
The Indian cricket team was welcomed traditionally on its arrival in South Africa. India has to s
The 29th edition of the Kolkata International Film Festival (KIFF) began with grandeur at the Net
Pakistan is currently a temporary member of the United Nations Security Council, but this does no
Delhi's Public Works Department (PWD) has issued a tender for Chief Minister Rekha Gupta's bungal
Shiv Sena is continuously attacking stand-up comedian Kunal Kamra. Angered by the 'traitor' state
The Indian team will play a match for the last time under the leadership of head coach Rahul Drav
Delhi: 'Couple kiss' and 'women's war of words' before bikini in metro
Metro of the capital Delhi is discussed in the country as well as in the world. Delhi Metro, whic
