Sat, Nov 30, 2024
India's Gross Domestic Product (GDP) is expected to fall below 6.5 per cent for the current financial year 2025, as GDP growth in the second quarter (Q2 FY25) slowed to 5.4 per cent, according to a report by the State Bank of India (SBI).
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Mon, Nov 25, 2024
The report highlighted that India's stock market has been another cornerstone of economic strength, delivering positive returns in 26 of the past 33 years despite periodic downturns.
Wed, Nov 20, 2024
Domestic rating agency Icra on Wednesday said India's real GDP growth for the September quarter is likely to decline to 6.5 per cent due to heavy rains and weaker corporate performance.
Fri, Apr 07, 2023
Nomura said it agrees with the Reserve Bank's projections on price rise, and said that the worst of headline inflation is behind us.
Sat, Feb 25, 2023
The UN report said growth in India is expected to remain strong at 5.8 per cent, albeit slightly lower than the estimated 6.4 per cent in 2022, as higher interest rates and a global slowdown weigh on investment and exports.
Wed, Feb 22, 2023
According to the study conducted by Gallup on behalf of AWS, workers with advanced digital skills earn 92 per cent higher salaries in India compared to those with a similar education who do not use digital skills at work.
Tue, Jan 17, 2023
UBS India economist Tanvee Gupta Jain expects the upcoming budget to increase rural/agri spending by $10 billion
Fri, Jan 06, 2023
The output of the manufacturing sector is estimated to slide down to 1.6 per cent as against a growth of 9.9 per cent in 2021-22, as per the recent estimates.
Thu, Dec 15, 2022
The brokerage reasons it out in its statement on economic growth as ‘many broad-based high-frequency indicators, including consumption of energy, point to growth being stronger than reported.’
Mon, Nov 28, 2022
The SBI forecast, based on its composite leading index which is a basket of 41 leading indicators based on monthly data, shows declining economic activity between June and September but increased economic activity in October making Q3 growth more optimistic.
Tue, Nov 22, 2022
CRISIL reduced the growth forecast for the second quarter of the financial year 2022-23 by 0.30% to 7%, while ICRA expected it to be 6.5%. The government estimates that inflation will reach the tolerance band of 2-6 per cent in FY23-Q4. India, now eyes achieving the $5 trillion economy mark by FY27. According to experts, the pace of India's growth has slowed down due to the Corona-War. Watch this special report on India 360.
Tue, Nov 01, 2022
India is gaining power in the world economy, and in Morgan Stanley's opinion these idiosyncratic changes imply a once-in-a-generation shift and an opportunity for investors and companies.
Wed, Sep 21, 2022
India's economy grew 13.5 per cent year-on-year in the first quarter of 2022-23, reflecting strong growth in services, ADB said in a supplement to its flagship ADO report on Wednesday.
Wed, Aug 31, 2022
According to rating agency ICRA the Gross Domestic Product (GDP) is expected to grow at 13 per cent, while State Bank of India in its report pegged the growth rate at 15.7 per cent.
India, the world's sixth largest economy with a GDP of USD 2.7 trillion, is currently classified as a developing nation.
Fri, Aug 26, 2022
"The global situation continues to be challenging and it is not the right time to throw caution to the winds as yet," she added.
Sat, Aug 20, 2022
In this multipolar world, India is forging its own path by securing its interests by siding both with Russia and joining Western alliances, such as the Quadrilateral Security Dialogue, alongside the United States, Australia, and Japan, says Morgan Stanley in its report on emerging markets.
Fri, Aug 19, 2022
The partnership will provide Indian travellers a familiar and convenient way to make payments in the UK.
Wed, Jun 08, 2022
Real GDP growth for the year has been retained at 7.2%. MPC noted that inflation is likely to remain elevated for the first three quarters of the current financial year, seeing inflation fot the year at 6.7%.
Sat, Apr 30, 2022
If crude prices remain high for three months, FY23 GDP could grow by 7.2 per cent; in case it lasts longer, then growth will be 7 per cent, down from 7.6 per cent projected earlier, its chief economist Devendra Pant and principal economist Sunil Kumar Sinha said on Wednesday
Sun, Mar 27, 2022
India can double its economy in about 7-8 years if it grows at 8 per cent, which is feasible as the country has sustained a growth rate of 8.5 per cent earlier for a long time, Niti Aayog Vice-Chairman Rajiv Kumar said on Saturday.
Tue, Mar 01, 2022
India retained its position as the world's fastest growing economy despite the country's economic growth slowing down to 5.4 percent in Q3FY22.
Thu, Feb 24, 2022
"We have raised our 2022 calendar year growth forecasts for India to 9.5 per cent from 7 per cent, and maintained our forecast for 5.5 per cent growth in 2023. This translates into 8.4 per cent and 6.5 per cent in fiscal years 2022-23 and 2023-24, respectively," Moody's said in a statement
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