Economy of India
Indian economy: Pandemic recovery long way off
September 8, 2021
On August 31, the Union finance ministry tweeted a self-congratulatory message saying its prediction of a V-shaped, or very rapid, recovery in the Indian economy had come true as the Gross Domestic Product in the first quarter, ending on June 30, 2021, spiked by 20.1 pc over the ...
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Crashing prices, low demand to hit India’s solar power ambitions
November 24, 2020
At the latest round of auctions of solar power projects held by the Solar Energy Corporation of India, record lows were touched as bidders tried to grab the projects of 1070 mw that were up for the taking. Two international bidders, one each from Saudi Arabia and Singapore, quote...
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Is revival of Indian economy sustainable?
November 6, 2020
In October, India’s services sector grew for the first time since February reflecting the reopening of hotels, restaurants and shopping malls around the country. Accordingly, the Purchasing Managers’ Index (PMI) for services rose sharply to 54.1 pc for October as against 49.8...
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