-The Hindu Domestic economic activity is gaining strength, write authors of Bulletin article India’s economy is better placed than many other countries to avoid the risk of potential stagflation, Reserve Bank of India (RBI) officials headed by Deputy Governor Michael D. Patra wrote in an article in the June edition of the RBI Bulletin. “Global economic conditions continued to deteriorate as ratcheting up of commodity prices and financial market volatility have led to...

-The Telegraph Can stability be achieved by sacrificing Growth? Has the macroeconomic configuration turned binary? With inflation occupying centre stage, the choice seems fast splitting between stability and Growth. Can the former be secured without compromising the latter? That’s the worry with policies swinging to address price, exchange rate and external stability. This is not to say that Growth has receded to secondary position. But as interest rates harden and fiscal policy...

-Scroll.in BJP leaders are promoting the regime’s achievements in developing airports, air routes and national highways. Here’s what official records say. The Narendra Modi-led National Democratic Alliance government completed eight years in power in May. Using the hashtag #8YearsOfInfraGati, the incumbent government, BJP leaders and several ministers, including Prime Minister Modi, made a series of claims on social media and in newspaper advertisements related to the Growth of urban transport. In one such...

-PTI/ The Hindu “India’s acute second wave weighed heavily on Growth through the middle of 2021, delaying its economic recovery” The Indian economy has rebounded strongly despite three significant COVID-19 waves, the US Treasury has said in a report to Congress. India's acute second wave weighed heavily on Growth through the middle of 2021, delaying its economic recovery, the Treasury said in a semi-annual report. "However, economic activity rebounded strongly in the second half...

-The Hindu Exports rose 15.5% in May while imports surged 56.1% to stay above $60 bn for third month India’s merchandise trade deficit widened to a monthly record of $23.33 billion in May, as exports grew 15.5% to $37.3 billion while imports jumped 56.1% to $60.62 billion, as per preliminary data from the Commerce and Industry Ministry. The previous highest monthly trade deficit was last November’s $22.91 billion. Goods exports shrank 7.2% from...