Devmantra Times: 21th Edition 1st November 22
Happy to share the Twenty first edition of Devmantra Times for the month of November 2022. Wish our readers Happy Diwali! Economic Updates India’s factory growth picks up speed in Oct, hiring at 33-month high. Core sector growth back on track,up to 7.9% in September after 2-month drop Centre on firm fiscal footing, H1 deficit […]
Devmantra Times: 20th Edition 1st October 22
Welcome you tothe Twentieth edition of Devmantra Times for the month of October2022. Wish our readers Happy Durga puja & Dussehra. Economic Growth The Indian economy expanded 13.5% year-on-year in the second quarter of 2022, the most in a year but less than market forecasts of 15.2%. Gross value added increased faster for agriculture,forestry & […]
Devmantra Times: 19th Edition 1st September 22
Welcome to the Nineteenth Edition of Devmantra Times for the month of September 2022. Moderate Indian Growth In ICRA’s assessment, there has been a shift in demand towards contact-intensive services from discretionary consumer goods for the mid-to-higher income groups.This, in conjunction with the emerging cautiousness in export demand, and the impact of high commodity prices […]
Devmantra Times: 18th Edition 1st August 22
Welcome you to the Eighteenth edition of Devmantra Times for the month of August 2022. Impact of Global rate rise on the economy Domestic economy while presently showing good signs of resilience but its downside risks continue to be cause of concern. The uptick in inflation, surge in input costs, rising interest rates, liquidity management […]
Devmantra Times: 17th Edition 1st July 22
We welcome you to the Seventeenth edition of Devmantra Times for the month of July 2022. Express growth in the services sector For India’s Services firms, new business and output rose the at fastest pace in June since early-2011, as per the survey-based S&P Global India Services Purchasing Managers Index (PMI), which accelerated from 58.9 […]
Devmantra Times: 16th Edition 1st June 22
Welcome you to the Sixteenth edition of Devmantra Times for the month of June 2022. India’s economy grew by 4.1 per cent in the fourth quarter of 2021-22,pushing up the annual growth rate to 8.7 per cent, official data showed on Tuesday. However, growth in the January-March period was slower than the 5.4 per cent […]
Devmantra Times: 15th Edition 1st May 22
Welcome you to the Fifteenth edition of Devmantra Times for the month of May 2022. Recovery of Economic Losses due to Covid 19-Long way to go As per the report has been authored by officials in the RBI’s Department of Economic and Policy Research The Indian economy may take more than a decade to overcome […]
Devmantra Times: 14th Edition 1st April 22
Welcome you tothe Fifteenth edition of Devmantra Times for the month of April 2022.Wish our readers a very happy New Financial Year, may your business flourish with Zero tolerance compliance deviation! Economic Updates Asia’s third-largest economy is projected to grow 8.9 per cent in 2021-22, according to recent government data. The Reserve Bank of India […]
Devmantra Times: 13th Edition 1st March 22
Welcome you to the Budget (Thirteenth) edition of Devmantra Times for the month of March 2022. Economic Growth Indian economy grew by 5.4 per cent in the October – December quarter of 2021-22, according to the data released by the National Statistical Office (NSO) . The gross domestic product (GDP) had expanded by 0.7 per […]
Devmantra Times: Budget Edition 1st February 22
Welcome you to the Budget edition of Devmantra Times for the month of February 2022. Economic Updates-Results of Economic Survey 2021-22 The Economic Survey 2021-22 was presented in the Parliament by Finance Minister Nirmala Sitharaman. India’s GDP as per the survey is expected to grow at 8.0-8.5% in 2022-23 & supported by gains from supply […]