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India likely to grow at 7.2% in FY25, says RBI deputy governor

India's rising working-age population and digital advancements are pivotal in this growth.

PTI   


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3 mins read

RBI projects 7.2% GDP growth for FY25, CPI inflation to moderate at 4.5%

The Reserve Bank of India (RBI) has projected India's real GDP growth for FY25 at 7.2%, while CPI i…

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3 developments that could derail the stock market's post-Trump sugar high, BofA says

Though Bank of America expects continued stock market upside, three risks could upend the rally.

Filip De Mott   


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The S&P 500's golden decade of returns is over, Goldman says

The S&P will see annualized returns of 3% over the next 10 years, says Goldman Sachs. That's down f…

Filip De Mott   


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3 mins read

ICRA forecasts slowdown in India's economy: GDP growth expected to hit six-quarter low in Q1 FY2025

In a rather dampened forecast for the Indian economy, ICRA has forecast a sharp slowdown in India's…

Christine Ji   


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4 mins read

India's bioeconomy reaches valuation of $151 billion, contributes 4.25% to GDP: Report

It was released during a session at the Global Bio-India Summit 2024. The report said that…

PTI   


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Stocks face a 10% drop with key economic data mired in recession territory, investment chief says

The stock market's soft-landing narrative is being challenged, Verdence's Megan Horneman said.

Filip De Mott   


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India's bioeconomy reaches valuation of USD 151 billion, contributes 4.25 percent to GDP: Report

India's bioeconomy has grown to USD 151 billion by the end of 2023, contributing 4.25% to the GDP a…

PTI   


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1 min read

Stock market today: Indexes rise on upbeat retail sale data ahead of Fed meeting

Retail sales boosted confidence in the US consumer a day ahead of the Fed's anticipated interest ra…

Filip De Mott   


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India’s GDP forecast raised but El Nino, export contraction threats hover

Economists now have a more optimistic outlook on India’s growth prospects after the ‘pleasant surpr…

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It's going to be a long summer for the stock market

Economic data looks fuzzy, valuations are sky-high, and the market lacks an obvious catalyst to kee…

Jennifer Sor   


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1 min read

What productivity boom? AI will provide just a 1% GDP boost over the next decade, MIT economist says.

The forecast for minimal growth is a far cry from the likes of Goldman Sachs, which sees $7 trillio…

Filip De Mott   


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India's GDP grows 7.6% in September quarter, beats RBI estimates

India's economy grew 7.6% in the September quarter of this fiscal and remained the fastest-growing …

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India's GDP grows 7.6% in September quarter, beats RBI estimates

India's economy grew 7.6 per cent in the September quarter of this fiscal and remained the fastest-…

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It's going to be a massive week for the stock market

There are five major events to watch for this week, highlighted by a Fed meeting and the April jobs…

Matthew Fox   


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Evergrande's whopping $81 billion loss is almost triple Iceland's GDP - it's a reflection of China's deepening property crisis

After failing to finish projects and repay lenders, Evergrande now holds the unfortunate title as t…

Joseph Wilkins   


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India's FY24 third quarter GDP growth seen at 6%: ICRA

Credit rating agency ICRA on Wednesday said India's Gross Domestic Product (GDP) would grow at 6 pe…

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US stocks edge up even as a 2nd straight GDP contraction stokes recession worries

US economic output slumped 0.9% in the second quarter after a 1.6% contraction in the first quarter…

Phil Rosen   


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Russia's economy is confusing the world's top forecasters, who can't agree if it's expanding or contracting

Goldman Sachs, Morgan Stanley, the World Bank, and IMF disagree on how the Russian economy is doing.

Phil Rosen