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Indian economy

Nirmala Sitharaman: Economy to Improve in Coming Quarters

Nirmala Sitharaman: Economy to Improve in Coming Quarters

Wed, Dec 18, 2024

Nirmala Sitharaman, India's Finance Minister, states that the economy will improve in the upcoming quarters despite a temporary dip in Q2 growth. In this video, we discuss her comments on India's economic outlook and what it means for future growth.

India to continue resilient growth in 2025, RBI may do modest interest rate easing: S&P

India to continue resilient growth in 2025, RBI may do modest interest rate easing: S&P

Tue, Dec 10, 2024

S&P Global Ratings on Tuesday said the Indian economy is set for "resilient growth" in 2025 and projected inflation pressure to recede which will lead to "modest" easing of the monetary policy by the RBI.

Relentless FII sellings now over as Indian economy remains resilient

Relentless FII sellings now over as Indian economy remains resilient

Sat, Dec 07, 2024

In a clear change of strategy, the foreign institutional investors (FIIs) have turned buyers, and the stage of relentless FII selling is now over with the Indian economy remaining resilient despite the geo-political conditions, market watchers said on Saturday.

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FY19 Union Budget not likely to be populist, says PMEAC member

FY19 Union Budget not likely to be populist, says PMEAC member

Sun, Dec 10, 2017

The prime minister's economic advisory panel member Rathin Roy has expressed hope that the forthcoming budget will not be a 'populist' and will reflect the commitment of the government to improve quality of expenditure.

Is govt mulling over raising protection on bank deposits beyond Rs 1 lakh?

Is govt mulling over raising protection on bank deposits beyond Rs 1 lakh?

Sat, Dec 09, 2017

Media reports have shed light on the likelihood of protection of bank deposits being raised with the upcoming FRDI bill.

Is your bank deposit safe? Know more about FRDI Bill & bail-in clause

Is your bank deposit safe? Know more about FRDI Bill & bail-in clause

Fri, Dec 08, 2017

FRDI Bill i.e. Financial Resolution and Deposit Insurance Bill 2017 aims to focus on finding a resolution in case of a rare event of a failure of any financial service provider like banks, insurance companies or a non-banking financial companies etc. At present the bill is pending with the standing committee and have not been enacted as a law.

India's GDP growth to rise to 7.5% in 2018: Morgan Stanley

India's GDP growth to rise to 7.5% in 2018: Morgan Stanley

Fri, Dec 08, 2017

The global brokerage is confident about prospects for a recovery in private capital spending as demand conditions are improving post demonetisation and GST implementation.

Rate cut or status quo: 14 factors will revolve around RBI decision

Rate cut or status quo: 14 factors will revolve around RBI decision

Wed, Dec 06, 2017

RBI kept repo rate unchanged at 6% in the last monetary policy meet with a neutral stance citing that rising consumer prices will threaten the trajectory for inflation.

India's GDP growth: Economists cut their forecasts

India's GDP growth: Economists cut their forecasts

Tue, Dec 05, 2017

Fitch alone is not disappointed by the country's current growth rate, CRISIL too has projected India's GDP at 6.8% with downside bias from previous 7% for FY18.

India Services PMI falls to 50.3 in November as business activity slows

India Services PMI falls to 50.3 in November as business activity slows

Tue, Dec 05, 2017

The service sector in India has been impacted due to the new tax regime that was implemented earlier this year.

Fitch Ratings cut India's FY18 GDP growth forecast to 6.7%, says rebound weaker than expected

Fitch Ratings cut India's FY18 GDP growth forecast to 6.7%, says rebound weaker than expected

Mon, Dec 04, 2017

The US-based ratings agency said growth has "repeatedly disappointed" in recent quarters, partly because of one-off factors including the demonetisation programme of November 2016 and disruptions related to the implementation of the Goods and Services Tax (GST) in July 2017.

India will be a $5 trillion economy by 2024, says Mukesh Ambani

India will be a $5 trillion economy by 2024, says Mukesh Ambani

Fri, Dec 01, 2017

Mukesh Ambani said "We are in the age of super intelligence. What manufacturing did for China, super intelligence can do for India. Technology is a great leveller."

Positive GDP data another boost for Modi govt

Positive GDP data another boost for Modi govt

Thu, Nov 30, 2017

Today's development seems to show that Indian economy is shaking off the effects of demonetisation and GST rollout after witnessing a low growth of 5.7% in the June quarter

Deceleration trend in overall growth has been now reversed: Jaitley

Deceleration trend in overall growth has been now reversed: Jaitley

Thu, Nov 30, 2017

The Finance Minister said the economy now seems to have weathered the transitional challenges experienced earlier in the year and appears poised for a durable recovery going forward.

India's economic growth may rebound as demonetisation, GST impact fades

India's economic growth may rebound as demonetisation, GST impact fades

Thu, Nov 30, 2017

Finance Minister Arun Jaitley said that India has standardised itself for a 7-8 per cent growth rate on the back of improving macroeconomic fundamentals.

Will India's GDP reverse course in Q2FY18?

Will India's GDP reverse course in Q2FY18?

Wed, Nov 29, 2017

Niti Aayog's Vice-Chairman Rajiv Kumar earlier expressed his confidence stating that India's economic growth in Q2FY18 is expected to soar between 7% and 7.5%. Considering an economist's forecast, this number was a higher projection.

Indian economic growth set to end five-quarter slide: Reuters poll

Indian economic growth set to end five-quarter slide: Reuters poll

Tue, Nov 28, 2017

If that`s correct, the data will be the latest evidence of a broad-based global economic upturn across Asia and most of the world that has many major central banks poised to move away from ultra-easy monetary policy.

Need broad-based economic growth, more job opportunities: Rajan

Need broad-based economic growth, more job opportunities: Rajan

Mon, Nov 27, 2017

Former RBI Governor Raghuram Rajan today made a strong case for broad-basing economic growth and generating more employment opportunities, arguing that short-term political solutions to the job reservation issue can damage the fabric of the country.

Time for consolidation of reforms initiated in 42 months: Niti

Time for consolidation of reforms initiated in 42 months: Niti

Sun, Nov 26, 2017

The new initiatives in the next 18 months, Kumar said, should focus on health and education sectors as these two are going to be critical for human resource development.

Time for India to boost per capita income: Experts

Time for India to boost per capita income: Experts

Sun, Nov 26, 2017

A week after Moody's Investors Service upgraded India's sovereign rating, S&P kept its India ratings unchanged at the lowest investment grade of 'BBB-minus' citing sizable fiscal deficits, a high net general government debt burden and low per capita income.

Indian economy on watch-list of S&P; positive rating can be reality in 2018

Indian economy on watch-list of S&P; positive rating can be reality in 2018

Sat, Nov 25, 2017

Two major agencies namely Moody's Investor Services and S&P have provided two different ratings outlook for India, one being cautious and other stating positive outlook for the country.

Govt not disappointed by S&P rating action: Eco Affairs Secy

Govt not disappointed by S&P rating action: Eco Affairs Secy

Sat, Nov 25, 2017

S&P kept the rating for India unchanged at 'BBB-minus' with 'stable' outlook saying vulnerabilities stemming from low per capita income and high government debt balance strong GDP growth.

After Moody’s positive rating, all eyes now on S&P verdict

After Moody’s positive rating, all eyes now on S&P verdict

Fri, Nov 24, 2017

An upgrade from S&P will be a positive for the bond market and it may reduce interest costs for both the government as well as companies raising funds from abroad.

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