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South Korea's economy grew faster than expected in Q4

South Korea's economy grew faster than expected in Q4

Thu, Jan 25, 2024

The Bank of Korea hinted this month that it may pivot towards monetary easing along with its global peers, as the central bank held interest rates steady for an eighth meeting.

India to be a USD 5 trillion economy by FY28; reach USD 30 trillion by 2047: FM

India to be a USD 5 trillion economy by FY28; reach USD 30 trillion by 2047: FM

Wed, Jan 10, 2024

India, with a GDP of roughly USD 3.4 trillion, is currently the fifth largest economy in the world, after the US, China, Japan and Germany.

GDP numbers for FY24 show discrepancies of Rs 2.59 lakh crore: NSO

GDP numbers for FY24 show discrepancies of Rs 2.59 lakh crore: NSO

Sun, Jan 07, 2024

Discrepancies in the statistical GDP data refer to the difference in national income under production method and expenditure method.

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India Inc's capital expenditure revival still four years away?

India Inc's capital expenditure revival still four years away?

Wed, Oct 11, 2017

Capex by both private and public sector entities, primarily on maintenance will marginally increase in the near term- somewhat Rs 1 lakh crore between FY18 - 20.

RBI chooses inflation over growth, keeps repo rate unchanged

RBI chooses inflation over growth, keeps repo rate unchanged

Wed, Oct 04, 2017

RBI has decided to keep key rates unchanged during its bi-monthly monetary policy meeting in Mumbai on October 4, 2017. RBI also revised GVA growth downwards to 6.7% from its earlier projection of 7.3%.

India FY18 GDP growth likely at 7.1%: Nomura

India FY18 GDP growth likely at 7.1%: Nomura

Wed, Sep 13, 2017

Nomura further said the ongoing remonetisation will have a positive impact on the cash-intensive services sectors and this in turn will help to augur growth numbers.

Former RBI governor Raghuram Rajan pitches for state asset sales to bail out banks

Former RBI governor Raghuram Rajan pitches for state asset sales to bail out banks

Thu, Sep 07, 2017

The expected losses from the bad loans mean banks will need tens of billions of dollars of fresh capital, but the government does not have the money to fund such a bail-out, Raghuram Rajan said.

At no point was RBI asked on demonetisation decision, says former RBI governor Raghuram Rajan

At no point was RBI asked on demonetisation decision, says former RBI governor Raghuram Rajan

Sun, Sep 03, 2017

Former Reserve Bank of India (RBI) governor Raghuram Rajan revealed that the RBI was not consulted before demonetisation decision.

Rate cut hopes, healthy domestic cues lift equity indices

Rate cut hopes, healthy domestic cues lift equity indices

Sat, Sep 02, 2017

On a weekly basis, the 30-scrip Sensitive Index (Sensex) of the BSE surged by 296.17 points or 0.94% to close at 31,892.23 points.

Five things Arun Jaitley said on India's falling first quarter GDP

Five things Arun Jaitley said on India's falling first quarter GDP

Thu, Aug 31, 2017

Finance Minister Arun Jaitley's views on India's GDP summed up.

Three charts that show what changed India's GDP in Q1 FY18

Three charts that show what changed India's GDP in Q1 FY18

Thu, Aug 31, 2017

Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation on Thursday released the GDP data for Q1 FY18. The growth of the gross domestic product (GDP) slowed in the first quarter of the current financial year to 5.7%. India's GDP stood at 6.1% for January - March 201

India's Q1FY18 GDP: What will be the numbers this time?

India's Q1FY18 GDP: What will be the numbers this time?

Thu, Aug 31, 2017

GDP numbers of first quarter of FY18 will be announced on August 31, analysts believe the growth will be better compared to previous quarter. However, the economy will see some impact of GST implementation.

Moody's says G20 GDP growth to exceed 3%, warns of geopolitical risks

Moody's says G20 GDP growth to exceed 3%, warns of geopolitical risks

Wed, Aug 30, 2017

Moody`s Investors Service kept its forecast for G20 economic growth at just over 3 percent for this year and next, but warned of geopolitical risks, U.S. protectionism and spillovers from global monetary tightening and China`s deleveraging measures.

Bankruptcy code can help deepen bond markets: Ajay Tyagi

Bankruptcy code can help deepen bond markets: Ajay Tyagi

Sat, Aug 19, 2017

The bankruptcy law was enacted to ensure time-bound settlement of insolvency and enable ease of doing business as the bad loans in the banking system has touched the roof.

CAD to remain manageable at 1.2% of GDP in FY18: UBS

CAD to remain manageable at 1.2% of GDP in FY18: UBS

Tue, Aug 15, 2017

The bulk of the narrowing in CAD over the past five years has been largely led by lower oil imports and drop in gold imports, UBS report said.

India's GDP to reach nearly 8% in four years: Moody's poll

India's GDP to reach nearly 8% in four years: Moody's poll

Mon, Jul 31, 2017

"Given economic and institutional reforms in India, and further changes that could follow, India will likely grow faster than similarly rated peers over the next 12-18 months, despite a short-term drag caused by demonetisation," said Marie Diron, a Moody's Associate Managing Director.

India's economy set to reclaim top spot for growth this year: Poll

India's economy set to reclaim top spot for growth this year: Poll

Wed, Jul 19, 2017

India will reclaim its position as the fastest growing major global economy this year, partly propelled by benefits from a new tax system and bolstered by an expected central bank interest rate cut, a Reuters poll showed.

China second-quarter GDP growth tops forecasts on strong investment, consumption

China second-quarter GDP growth tops forecasts on strong investment, consumption

Mon, Jul 17, 2017

China`s economy grew faster than expected in the second quarter as industrial output and consumption picked up and investment remained strong, though analysts expect slower growth over the rest of the year as policymakers seek to reduce financial risk.

Asia shares rise on accommodative Fed, China stocks narrow losses on strong GDP

Asia shares rise on accommodative Fed, China stocks narrow losses on strong GDP

Mon, Jul 17, 2017

Asian stocks mostly rose on Monday, spurred by record high closes for the Dow and S&P 500 on bets that the Federal Reserve`s policy will remain accommodative following lacklustre U.S. data, which sent the dollar reeling to a 10-month low.

IIP and CPI data: What to expect?

IIP and CPI data: What to expect?

Wed, Jul 12, 2017

Ministry of Statistics & Programme Implementation (MoSPI) is set to announce India's monthly macro-economic data on July 12, 2017. The Ministry will be releasing retail inflation or Consumer Price Index (CPI) and factory output or Index of Industrial Production (IIP) data.

GST to boost GDP; positive for rating: Moody's

GST to boost GDP; positive for rating: Moody's

Sun, Jul 02, 2017

Implementation of the GST will be positive for India's rating as it will lead to higher GDP growth and increased tax revenues, Moody's Investors Service said today.

GST: The transition issues and what it means for India

GST: The transition issues and what it means for India

Fri, Jun 30, 2017

However, GST, as accepted by the Government, is going to see some hiccups in the beginning as is the case with any disruption. Past few weeks has seen companies destocking their products at a rate faster than expected. Industry experts believe that normalisation may return to the Indian economy only by the third quarter (Q3FY18) of the current fiscal, i.e. September to December 2017 period.

China factory growth fastest in three months as new orders, output rise

China factory growth fastest in three months as new orders, output rise

Fri, Jun 30, 2017

China`s manufacturing sector expanded at the quickest pace in three months in June, buoyed by strong production and new orders, reassuring news for authorities trying strike a balance between deleveraging and keeping the economy on an even keel.

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