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2 mins read

India's economic momentum stays strong with composite PMI at 60.7 in July 2024: Anand Rathi report

The Services PMI, recorded 60.3 in July 2024, has consistently held above the 60-mark for seven con…

ANI   


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4 mins read

California's economic growth is slipping behind Texas as the Lone Star state draws corporate HQs and people

Texas' economy is growing faster than California's as major companies and residents leave the coast…

Erin Snodgrass   


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2 mins read

India's quick commerce sales surge by over 280% in two years: Report

India's quick commerce industry has witnessed remarkable growth, with sales surging by more than 28…

ANI   


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India needs to avoid financialization as it marches towards Viksit Bharat goal, says Nageswaran

Financialization is the dominance of financial market expectations trends, and importantly, interes…

PTI   


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3 mins read

RBI Governor Shaktikanta Das projects 7.2% GDP growth for 2024-25, reports eased inflation to 5.1% in June

RBI Governor Shaktikanta Das says inflation will moderate from July onwards as the monsoon has impr…

ANI   


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Net NPAs of Indian banks dropped by 24.9% and Gross NPAs by 15.2% as of June 2024: CareEdge

The gross non-performing assets (GNPAs) of scheduled commercial banks (SCBs) fell by 15.2 per cent …

ANI   


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3 mins read

Indian economy relatively slowed in Q1-FY25, here's what experts have to say

The Indian economy grew by 6.7% in real terms in the April-June quarter of the current financial ye…

ANI   


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India's rating upgrade possible in next 24 months if fiscal deficit falls to 4%: S&P

The central government estimates to bring down fiscal deficit to 5.1% of the GDP in the current fis…

PTI   


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Indian manufacturers see softer increases in new business, output in August: PMI

In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction. …

PTI   


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World Bank raises GDP projection, says India to keep its fastest-growing economy tag

The World Bank has upwardly revised India's GDP growth forecast for the current financial year 2024…

ANI   


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3 mins read

Economic Survey 2024: GDP grew by 8.2%, to sustain 7%+ growth momentum, fiscal deficit down to 6.4% of GDP

Gross Fixed Capital Formation, or investments in long-term, value-generating fixed assets increased…

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2 mins read

Monsoon projections to ensure India's GDP growth forecast remains at 7% for FY'25: Asian Development Bank

The Asian Development Bank (ADB) on Wednesday maintained India's GDP growth forecast at 7 per cent …

PTI   


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Global economy to grow 2.7% in 2024 as major economies avoid severe downturn: UN report

The growth rate of the world economy is expected to remain around 2.7 per cent in 2024, and 2.8 per…

ANI   


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1 min read

Fitch retains India rating at 'BBB-' with stable outlook

India's rating has remained unchanged at 'BBB-', the lowest investment grade, since August 2006.

PTI   


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'Home run' continues, FY25 to be another strong year after a robust demand in FY24: report

The outlook for residential real estate will be strong in the financial year (FY25), as the domesti…

ANI   


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Maximum employers expect their workforce to grow in first half FY 2024-25, says Teamlease report

The Indian employment market is projected to experience a 6.33% incremental expansion over the firs…

ANI   


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Asian markets decline amid economic slowdown fears, experts say limited impact on India

Asian stock markets on Monday plummeted early as selling pressure mounted after lower-than-expected…

ANI   


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3 mins read

SBI report dismisses bank deposit concerns as a 'Statistical Myth'

As Finance Minister Nirmala Sitharaman hold a review meeting with heads of Public Sector Banks and …

ANI   


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India needs to create 148 million additional jobs by 2030 given population growth, says IMF DMD Gopinath

Given the scale of what is needed, it is going to require basic reforms including land reforms and …

PTI   


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4 mins read

New govt to inherit strong economy, focus on making India developed nation by 2047

India's world record beating economic growth rate together with robust tax revenues, a fast expandi…

PTI