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India has highest economic growth rate due to PM Modi's leadership: Putin

India has highest economic growth rate due to PM Modi's leadership: Putin

Fri, Jan 26, 2024

Interacting with university students in Kaliningrad Region on Thursday, to mark the 'Russian Students Day', Putin also said he appreciated India for following an 'independent' foreign policy which is not easy to pursue in the current scenario, according to a report in Russia Today.

Economic optimism doubles but tech, climate pressures accelerate: PwC CEO survey

Economic optimism doubles but tech, climate pressures accelerate: PwC CEO survey

Tue, Jan 16, 2024

CEOs' expectations of economic decline have also tumbled from a record high of 73 per cent in the 2023 survey to 45 per cent.

Indian economy likely to grow at 6.2% next fiscal: Report

Indian economy likely to grow at 6.2% next fiscal: Report

Tue, Jan 09, 2024

Despite the rising external headwinds, India is likely to grow 6.2 per cent next fiscal against a consensus of 6.3 per cent to USD 3.9 trillion from USD 3.57 trillion in FY24 on a likely 7 per cent growth, as consumption growth is likely to stabilise at 4.7 per cent from 4.5 per cent in FY24, Tanvee Gupta-Jain, the UBS India chief economist, said in a note.

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India's resilient economic growth will boost demand of corporates: Fitch Ratings

India's resilient economic growth will boost demand of corporates: Fitch Ratings

Sun, Dec 24, 2023

Rising demand and easing input cost pressure should boost margins of the corporates in the next financial year, Fitch said.

Bank of England is set to hold interest rates at a 15-year high despite worries about the economy

Bank of England is set to hold interest rates at a 15-year high despite worries about the economy

Thu, Dec 14, 2023

The central bank is expected to keep its main interest rate at a 15-year high of 5.25 per cent, where it has stood since August.

Barclays Raises India's GDP Growth Estimate | Will Strong GDP Figures Boost Market Confidence?

Barclays Raises India's GDP Growth Estimate | Will Strong GDP Figures Boost Market Confidence?

Fri, Dec 01, 2023

Editors Take | Q2 GDP growth strong, more than expected, Barclays increased India's GDP growth estimate, how much enthusiasm will the GDP figures bring to the market? Will FIIs be attracted towards the market due to GDP growth? Know from AnilSinghvi...

Global economy to slow down but likely avoid recession in 2024

Global economy to slow down but likely avoid recession in 2024

Wed, Nov 22, 2023

Most economists expect the global economy to avoid a recession but have flagged possibilities of "mild recessions" in Europe and the UK.

FY24 to end with strong growth performance, macroeconomic stability, reports Finance Ministry

FY24 to end with strong growth performance, macroeconomic stability, reports Finance Ministry

Tue, Nov 21, 2023

Financial flows in the external sector need constant monitoring as they impact the value of rupee and the balance of payments, the report said, adding that a fuller transmission of the monetary policy may also temper domestic demand.

Economy lost momentum by 80-100 bps in Q2 to 6.8-7%: Analysts

Economy lost momentum by 80-100 bps in Q2 to 6.8-7%: Analysts

Tue, Nov 21, 2023

In a note, ahead of the Q2 GDP data release on November 30, domestic rating agency Icra economist has pegged the GDP growth at 7 per cent, while British brokerage Barclays see it at 6.8 per cent.

India will be developed nation by 2047, its economic growth ‘natural by-product' of 9 years of stability: PM Modi

India will be developed nation by 2047, its economic growth ‘natural by-product' of 9 years of stability: PM Modi

Sun, Sep 03, 2023

The prime minister stressed on the need for timely and clear communication of policy stance by central banks, and policy actions by each country in their fight against inflation so that it can prevent negative repercussions on others countries.

India360: GDP growth figures were as per estimates

India360: GDP growth figures were as per estimates

Thu, Aug 31, 2023

GDP Growth: GDP growth figures remained as expected, year-on-year decline, but quarter-on-quarter growth increased from 6.1% to 7.8%, see Aditi Nair, Chief Economist, ICRA's special conversation

Heritage a vital asset for economic growth: PM Modi

Heritage a vital asset for economic growth: PM Modi

Sat, Aug 26, 2023

Heritage is a vital asset for economic growth and diversification, and it is echoed in India's mantra of 'Vikas Bhi Virasat Bhi', Prime Minister Narendra Modi said on Saturday in his virtual address to the G20 culture ministers' meeting in Varanasi.

SBI economists say India to be 3rd largest economy by 2027, advance estimate by 2 years

SBI economists say India to be 3rd largest economy by 2027, advance estimate by 2 years

Thu, Jul 27, 2023

Economists at the country's largest lender SBI on Thursday advanced their estimate on the Indian economy becoming the third largest in the world by two years to 2027.

Moody's says India's growth potential fundamentally strong, maintains stable outlook on banks

Moody's says India's growth potential fundamentally strong, maintains stable outlook on banks

Wed, Mar 01, 2023

"Banks' profitability will stabilise after improving in the past few years as the boost from declines in loan-loss provisions wanes. Banks' capital, funding and liquidity will be stable and supportive of credit growth," Moody's said.

India's GDP growth slows down to 4.4% in December quarter

India's GDP growth slows down to 4.4% in December quarter

Tue, Feb 28, 2023

India’s GDP expanded at an annual 4.4 per cent in the October-December period, in line with an RBI estimate, according to official data released on Tuesday. The GDP growth has slowed down sequentially for a second straight time.

India GDP data today: Economic growth likely to have slowed to 4.6% in December quarter

India GDP data today: Economic growth likely to have slowed to 4.6% in December quarter

Tue, Feb 28, 2023

India GDP growth rate: An official reading of changes in the country's GDP in the quarter ended December 2022 is due later on Tuesday, February 28. According to Zee Business research, the economy is likely to have expanded 4.6 per cent in the period — the third quarter of the current financial year.

Domestic commercial vehicle sales volume may grow 9-11% in FY24

Domestic commercial vehicle sales volume may grow 9-11% in FY24

Mon, Feb 13, 2023

Of the total domestic CV sales, the light commercial vehicle (LCV) segment may grow 8-10 per cent while the medium and heavy commercial vehicle (MHCV) sale is expected to register a higher growth of 13-15 per cent in FY24.

Foreign investors register worst outflow in 7 months at Rs 28,852 cr in January 2023 – what lead his drag?

Foreign investors register worst outflow in 7 months at Rs 28,852 cr in January 2023 – what lead his drag?

Sun, Feb 05, 2023

FPI flows are expected to remain volatile as Indian equities continued their large underperformance compared to global markets, Shrikant Chouhan, Head of Equity Research(Retail), Kotak Securities, said.

India 360: Rise In CAPEX Will Create Jobs, Know Which Other Sectors Will Get Boost?

India 360: Rise In CAPEX Will Create Jobs, Know Which Other Sectors Will Get Boost?

Fri, Feb 03, 2023

The government has increased the capex by 33%. Increase in CAPEX will create employment opportunities. The government has increased the capital expenditure to Rs 10 lakh crore. Apart from CAPEX, the government also increased the allocation of Indian Railways. Know which other sectors will get boost? Watch this special report on India 360.

Budget 2023: World has recognised India as bright star, says FM Nirmala Sitharaman

Budget 2023: World has recognised India as bright star, says FM Nirmala Sitharaman

Wed, Feb 01, 2023

The world has recognised India as a bright star as the country is recording healthy economic growth despite global uncertainties, Finance Minister Nirmala Sitharaman said on Wednesday.

Reform, economic growth focus to boost foreign direct investment opportunities up to USD 475 bn in 5 years: Report

Reform, economic growth focus to boost foreign direct investment opportunities up to USD 475 bn in 5 years: Report

Sun, Oct 16, 2022

Multinational companies (MNCs) appreciate the impact of GST, the government's digital push in various spheres, and transparency in taxation, amongst other reforms.

US stocks tumble as Nasdaq hits lowest level at 2-year low

US stocks tumble as Nasdaq hits lowest level at 2-year low

Tue, Oct 11, 2022

Stocks closed lower on Oct 10 with the Nasdaq index falling to the lowest level in two years amid worries about stubbornly hot inflation and the Federal Reserve’s plan to tame high prices by raising interest rates.

Inflation, supply chain disruption major risks for emerging Asia: Moody's

Inflation, supply chain disruption major risks for emerging Asia: Moody's

Wed, Sep 14, 2022

Although commodity prices have retreated from record levels, Moody's expects supply additions to be limited, while demand will remain strong during winter.

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