India growth slows on inflation, higher oil prices

31/5/2022 4:14:00 PM

India growth slows on inflation, higher oil prices

https://str.sg/w2V7NEW DELHI (AFP) - India's growth slowed further in the first three months of 2022, the National Statistics Office said on Tuesday (May 31), with inflation anddenting a post-pandemic recovery.Asia's third-largest economy grew 4.1 per cent, year on year, in the last quarter, NSO data showed.

Annual growth for the 12 months to the end of March stood at 8.7 per cent.Rising global commodity prices have sparked concern among policymakers, with India's central bank announcing its first interest rate hike in nearly four years earlier this month.

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How a mother of two went from unfit and unhappy to cycling around IndiaTen years ago, Meera Velankar was unfit and having an identity crisis. So she took up cycling, and is now the holder of several records. Last year, Velankar became the first Indian woman to complete the Golden Quadrilateral (a national highway network that stretches for 5,846km, passes through 12 states and one union territory, and connects the major cities Delhi,... Welldone!!

India expected to see normal monsoon rains, could boost crop output

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Copy to clipboard https://str.An Indian mother of two has cycled around her country on a tandem, ridden from south to north, and broken a number of records.Copy to clipboard https://str.LinkedIn MUMBAI: India's federal government will provide educational scholarships, mental health counselling and health insurance to children who have been orphaned by the coronavirus pandemic, Prime Minister Narendra Modi said on Monday (May 30).

sg/w2V7 NEW DELHI (AFP) - India's growth slowed further in the first three months of 2022, the National Statistics Office said on Tuesday (May 31), with inflation and denting a post-pandemic recovery. Asia's third-largest economy grew 4. So she took up cycling, and is now the holder of several records.1 per cent, year on year, in the last quarter, NSO data showed. The IMD in April forecast monsoon rains at 99 per cent of the long-term average. Annual growth for the 12 months to the end of March stood at 8. The 46-year-old mother of two daughters took 42 days to complete her journey of 6,263km including some backtracking.7 per cent. During the second wave in 2021, many children were left without a carer because both parents were ill and hospitalised with COVID-19, raising alarm bells among activists and government officials.

Rising global commodity prices have sparked concern among policymakers, with India's central bank announcing its first interest rate hike in nearly four years earlier this month. Velankar had been a research scientist in the United States and moved back in 2011 to Bangalore with her husband. Monsoon rains are expected to be average in June, he said. The country of 1.4 billion people imports more than 80 per cent of its crude oil and the cost of meeting domestic fuel demand has soared since India is also the world's largest importer of edible oils, prices of which are at record highs since the conflict began. "Here I was, a mother of two, short and slightly obese, not particularly athletic, in my late 30s, who decided to start cycling. Prime Minister Narendra Modi's government earlier this month announced tax breaks to offset higher food and petrol costs. Plentiful monsoon rains in the country would boost rice output from India, the world's biggest exporter of the staple. The US$26 billion (S$35." Meera in Andhra Pradesh during the Golden Quadrilateral ride, in 2021.

67 billion) cost of the scheme will likely blow out the government's budget deficit beyond its target for 2022-23, which it put at 6.4 per cent of GDP. She began taking part in cycling events, riding different bikes over a variety of terrains. One of the world's biggest producers and consumers of farm goods, India relies on monsoon rains to water almost half its farmland, which lacks irrigation. Consumer inflation hit 6.95 per cent in March, according to the Reserve Bank of India, which slashed its own yearly growth forecast to 7. When she set out on June 19 last year to become the first woman on a tandem to tackle the Golden Quadrilateral, she did so with an ex-serviceman, Dinkar Patil.2 per cent.69 trillion) economy while sustaining more than half the population of 1.

"Alarmingly, persistent and spreading inflationary pressures are becoming more acute with every passing day," Reserve Bank of India governor Shaktikanta Das said earlier this month. We were in good shape, and the first stretch felt like an endless party, with relatives and friends all over the state [kept informed through a WhatsApp group], who greeted us, hosted us, fed us ladoos (confectionery) and tasty home-cooked food. India saw a dramatic uptick in economic activity at the end of 2021 after the coronavirus pandemic sparked its worst recession since independence from Britain 75 years ago. Extended lockdowns hit consumer spending and brought factories to a standstill during the Covid-19 outbreak, which at its peak saw thousands of people dying across the country each day, overwhelming hospitals and crematoriums. Velankar (right) and Dinkar Patil in Rajasthan, India, in 2021. More On This Topic. Several Indian states on public gatherings and commercial activity after an outbreak of the highly infectious Omicron variant of the virus. More On This Topic . What kind of training was necessary for such an arduous trip? "Physically I was fit because I had done around 8,000km every year for the past 10 years.