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World Bank ups growth for this fiscal to 6.9 per cent

-The Telegraph This is the first upgrade of India’s growth forecast by any international agency amid global turmoil India’s economy is expected to grow 6.9 per cent in the current fiscal year, the World Bank said in a report on Tuesday, citing tightening monetary policy and high commodity prices as factors impacting the country’s growth. The Bank had trimmed its growth forecast for India to 6.5 per cent in early October from a...

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India’s Manufacturing Growth Slowdown a Decadal Problem -Deepanshu Mohan

-TheWire.in In India’s growth trajectory, for over a decade, domestic private investment levels have remained consistently low and so has (domestic) Manufacturing growth.  As per recent quarterly estimates, India’s growth rate slowed to 6.3% in the September quarter of 2022-23. There is evidence of a notable contraction in output of Manufacturing that’s pulling down growth. This author has previously argued that quarterly growth estimates may not reveal the real state of an economy....

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India's fabric -Sumit Roy and Murli Dhar

-The Telegraph Demand for sustainable or organic cotton on the rise, providing an opportunity for the country to excel A few years ago, images of the drying up of the eastern bed of the Aral Sea had shocked millions. It was linked to the widespread growing of unsustainable cotton, backed by the Uzbekistan government, to pocket greater forex earnings and satiate the demands of the global fashion industry. The demand for sustainable...

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Explained: Why India’s economic growth slowed in the July-September quarter -Nachiket Deuskar

-Scroll.in The fading away of the base effect and a contraction in the Manufacturing sector led to the falling numbers. India’s gross domestic product grew by 6.3% in the July-September quarter of financial year 2022-’23, the Union Ministry of Statistics and Programme Implementation said on Wednesday. This was a sharp decrease from the 13.5% growth in the previous April-June quarter. In the corresponding July-September quarter of financial year 2021-’22, the growth rate was...

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India’s Entry to Qatar -Moumita Chaudhuri

-The Telegraph The Telegraph brings you the story of how — and why — Calcutta is putting meat on the World Cup table Ahead of the World Cup this year, 1.2 metric tonnes (one tonne equals 1,000 kilos) of mutton made its way to Qatar from the Haringhata meat plant in Nadia district of Bengal. The plant and the brand take their name from a small town in Nadia. To get back to...

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