Congress leader Rahul Gandhi expressed concern on Sunday over India’s GDP growth rate declining to its lowest in two years and said the country’s economy cannot progress as long as a handful of billionaires accrue its benefits. He said a new thinking is required for India’s economy and a new deal for businesses should be … Read more
Kochi: Reserve Bank of India (RBI) Governor Shaktikanta Das has said that the Indian economy is strong enough to handle any adverse fallout from global events. “Today, the growth of the Indian economy presents a picture of stability and strength,” Das said while addressing an event at the launch of the Kochi International Foundation here. … Read more
Last Updated:November 03, 2024, 17:14 IST The new US president may have a significant implication for the global economy, including the Indian economy, given the wide policy difference between Democrat candidate Kamala Harris and republican candidate Donald Trump. Opinion polls continue to show a tied race between Donald Trump and Kamala Harris. (AP) Even as … Read more
Pulses put on display for sale at wholesale grocery market in New Delhi. File photo | Photo Credit: The Hindu Inflation in India’s wholesale prices slid to a four-month low of 1.31% in August from 2.04% in July, aided by a slight moderation in the pace of price rise in food items and manufactured goods, … Read more
Image used for representation purpose only. Business activity in India’s services sector accelerated at a five-month high pace in August, aided by productivity gains, a pullback in cost pressures which eased to a four-year low, and higher domestic demand. However, optimism among services firms about next year’s prospects slumped to a 13-month low, while it … Read more
World Bank had in June projected India to grow at 6.6% for FY24. File | Photo Credit: Reuters The World Bank on Tuesday (September 3, 2024) raised the growth forecast for the Indian economy to 7% for the current fiscal year on the back of recovery in agri sector and rural demand. World Bank had … Read more
India’s Q1 FY25 GDP data has been released. India’s Q1 GDP Growth 2024-25: Get the latest updates on India’s economic performance in the April-June quarter. Track the trends, expert analysis, and implications for FY25. India’s Q1 GDP Data Out: India’s gross domestic product (GDP) grew 6.7 per cent y-o-y during the April-June 2024 quarter (Q1 … Read more
New Delhi: The government does not lack political will and all its policies will guided by a “nation-first approach,” Prime Minister Narendra Modi said Tuesday, exhorting India Inc to seize the “golden chance” to play its role in achieving the goal of Viksit Bharat by 2047, the 100th anniversary of independence.The country is well on … Read more
India is well positioned to be a driver of greater wealth, says a global wealth report by Boston Consulting Group (BCG). In 2023, India has generated roughly USD 590 billion in new financial wealth, marking its largest increase in the history. India will add about USD 730 billion annually to the overall growth of the … Read more
Image used for representational purpose. | Photo Credit: Getty Images In an exceptionally slow start to private capex in this financial year, new investment plans in the country slumped to a 20-year low in the April to June quarter, with just ₹44,300 crore of fresh outlays announced by corporates. The first quarter of 2023-24 had … Read more
