Tag: Indian Economy

Indian Manufacturers Stocking Up Amid Supply Concerns From China

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Indian Manufacturers Stocking Up Amid Supply Concerns From China

Consumer Durables Producers Start Stock : China is facing many cases of increasing infection of Coronavirus in China. The same Consumer Durable Industry has started stocking raw materials to deal with any disruption in supply from China. Usually these factories used to stock only for 1 month, but considering the situation, now they have started stocking for at least 2-3 months. Know what is the reason in china corona virus Due to this, the manufacturers of consumer durables in the country are very concerned about the problems faced in the…

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World Bank Said Indian Economy Better Placed Projected GDP Growth For Current Financial Year 6.9 Percent

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World Bank Said Indian Economy Better Placed Projected GDP Growth For Current Financial Year 6.9 Percent

World Bank on Indian Economy: There are signs of strengthening of the Indian economy. World Bank’s senior economist Dhruv Sharma has said on Tuesday (December 6) that India is stronger now than it was 10 years ago. All the steps taken in the last 10 years are helping India navigate the global headwinds. The World Bank has revised its 2022-23 Gross Domestic Product (GDP) forecast from 6.5% to 6.9% due to strong economic activities in India. World Bank Senior Economist Dhruv Sharma said that it should be emphasized that at…

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Falling Commodity Prices And Kharif Crops Arrival Set To Dampen Inflationary Pressures Says Finance Ministry

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Falling Commodity Prices And Kharif Crops Arrival Set To Dampen Inflationary Pressures Says Finance Ministry

Indian Economy: Common people can get relief from inflation after the drop in commodity prices in the international market and the arrival of new Kharif crop in the market. The Department of Economic Affairs of the Ministry of Finance has released its Monthly Economic Review in which these things have been said. In this report of the Finance Ministry, it has been said that due to the decline in global growth, high inflation and deteriorating financial conditions, the risk of global recession has increased. impact on economic activityThe report of…

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