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BUSINESS ECONOMICS - September 1 - 30, 2021

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A number of recent reports on the Indian economy have painted contradictory pictures of India’s future growth prospects. The International Monetary Fund (IMF) has cut its GDP growth forecast for India to 9.5% for the current fiscal from as high as 12.5% projected earlier - following the disastrous impact of the second wave of Covid-19.

IMF joins a number of global and domestic agencies which have all cut India's growth estimates for the current fiscal. S&P Global Ratings projected a 9.5 % GDP growth in the current fiscal and 7.8 % in 2022-23. While the World Bank has cut India’s economic growth forecast to 8.3 % in the 2022 fiscal from 11.2% earlier, the Asian Development Bank (ADB) has downgraded the growth projection to 10 % from 11 % estimated last April.
At the other end, two reports — the latest Reserve Bank of India (RBI) monetary policy statement and the Union finance ministry’s economic review for July 2021 — have sounded cheerful and optimistic while softening the negative influences on the economy.

BUSINESS ECONOMICS Description:

Uitgever: Business-Economics

Categorie: Business

Taal: English

Frequentie: Monthly

Business Economics, following its credo of “exclusive and comprehensive” coverage, has been one of India’s most popular business magazines. What started as a 12-page tabloid in 1995 has become a magazine with global reach and coverage.

Each issue consists of ten main sections: World, Finance, Economy, Industry, Agriculture, Environment, Technology, Health, Culture, and Enlightenment. It covers the entire gamut of economic activities in India and abroad. Thoughtful pieces on socially and politically relevant issues, health, education, culture and enlightenment are also covered to give our readers an all around perspective.

Besides having a team of highly-qualified and experienced editors and a network of correspondents spread across the country, it has a panel of eminent columnists.

Business Economics is committed to objective reporting and is not attached to any political or economic ideology