The real GDP in FY23 will be 9.1% higher than the pre-Covid (FY 20) level. However, the size of the economy in FY23 will still be 10.2% lower than the FY23 GDP trend value (had the pandemic not slammed the brakes on growth), it added. Persistent weakness in private consumption and investment demand is estimated to contribute 43.4% and 21%, respectively, to this shortfall, it reckoned.
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At 590 km, BMW's New i4 To Be India's Longest Range Electric Car
Even the best and most expensive electric cars in India right now have a driving range of 400-500 km.
Moody's Trims 2022 India Growth Forecast To 8.8%
Retains outlook for 2023 at 5.4%
Chinese tech firms forced into 'blood listings' as capital dries up
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Swiggy testing platform that enables D2C brands
SHOWCASING PRODUCT CATALOGUE
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Economist John Cochrane Is Still Worried About the Debt
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The debt continues to grow, but record-low interest rates could ease the long-term damage.
Kabir Barday – Cookie Monster
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Death and Taxes
The Trump tax cut failed to deliver for all but the very rich. And the gop thinks this is the perfect time for more.
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The money from the Aramco IPO won’t go all that far toward remaking the Saudi economy
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The integrity of the country’s economic data is no longer just an academic concern.
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