India’s External Debt Reaches $624.7 Billion at End-March 2023: According to Reserve Bank data, India's external debt has increased slightly, reaching USD 624.7 billion at the end of March 2023. During the same time span, however, the debt-to-GDP ratio has decreased. Valuation gains resulting from ...

Nomura has cut its 2023 forecast for economic growth in India to 4.7% from its earlier projection of 5.4% amid recession fears and rising interest rates. Reason: Higher inflation, monetary policy tightening, dormant private capex growth, the power crunch and the global growth ...

The National Statistical Office (NSO) has released the First Revised Estimates of National Income, Consumption Expenditure, Saving and Capital Formation for the financial year 2020-21. NSO comes under the Ministry of Statistics and Programme Implementation. As per the ...