Tag: Indian Economy
Adani’s debts exceed strong 1% of Indian economy
Adani Group, an Indian multinational conglomerate, has faced criticism in the past regarding its debts and financial dealings.
The Adani Group had accumulated a significant...
IMF predicts: India to be fastest-growing economy at 6.1%
IMF stands for International Monetary Fund. It is a global organization that aims to promote international monetary cooperation, facilitate international trade, and promote economic...
States to Face Challenges in Economic Slowdown
State governments will probably face challenges in decreasing deficits as economic growth lags and infrastructure spending resumes
Hike In Oil Price Is Likely To Affect Indian Economy In...
Over the weekend, Indian markets rejoiced the possible impact of the FM’s improvements package for housing and exports. However, things did take a fierce twist over the weekend. Houthi rebels supposedly carried out drone attacks on the chief facilities of Saudi Aramco.
How to Be Prepared for Upcoming Recession In 2021?
Not all recessions are the same. Some can persist long while others are short-term. Some produce lasting effects, while others are soon forgotten. Some paralyze entire economies, while others are much more targeted, affecting specific divisions within the economy.
Indian Govt to Cut Spending to Overcome Fiscal Deficit
India's government is expected to lower spending for the current fiscal year by as much as Rs 2 lakh crore as it overlooks one of the biggest tax shortfalls in recent years, three government experts stated.
How to Protect Yourself and Your Finances from Upcoming Economic Recession
Recent warnings that a recession is arising have had Americans panicking. President Donald Trump lately stated that a recession will only happen if citizens fail to re-elect him in 2020, but about one-third of statisticians agree that the dreaded “R” word is on the boundary, no matter what and expected to reach by the end of 2021.
Rise in Price of Crude oil Affects trade, Economy and Stock...
India is the exclusive merchant of goods ($126 billion in 2017) and oil ($74.7 billion) is the most influential category among imports. India imports 86% of its yearly crude oil demand. Since the payments are done in US dollars, India’s debt will depend on crude rates as well as on the USD/INR exchange rates.
Expenses that could have avoided in the economic slowdown but still...
The amount of fiscal deficit has an account of 1.5 trillion which is quite high. Various steps have been taken to overcome this deficit amount including Privatization, reduction in corporate tax and much more. But in the shade of overcoming the fiscal deficit, extravagance is also going on full mode. Here are a few moves that led to huge expenses but were not necessary to be taken not at least at the time of the economic crisis.
The Crashing Automobile Sector of India
The ‘hope’ peeking over the horizon, remains absent.
