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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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3 mins read

India’s first quarter GDP may surpass RBI MPC projection

​​​The Indian GDP may surpass the latest Reserve Bank of India projections for the first quarter of…

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India's manufacturing sector clocks second fastest expansion of the year in June

The manufacturing sector activities in India moderated in June from a 31-month high in May. However…

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Investors should bet on risky stocks as the market enters early-cycle phase of expansion

"Real wage growth is positive again for the first time in two years. Discretionary has historically…

Matthew Fox   


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China sets GDP target at 5%, defence budget up by 7.2%

The GDP growth target and China's other development goals were released in the Government Work Repo…

ANI   


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India poised to grow at 6.2% in 2023-24 says Morgan Stanley

In the three-day deliberations of the Monetary Policy Committee of the Reserve Bank of India in ear…

ANI   


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India's manufacturing PMI hits 4-month high in Apr on new orders, favourable market conditions

Manufacturing activities in India accelerated further and touched a four-month high in April, boost…

PTI   


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Slowdown in GDP growth late last year temporary: Moody's Analytics

Moody's Analytics on Tuesday said India's domestic economy, rather than trade, is its primary engin…

PTI   


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1 min read

The UK economy grew 4.8% in the second quarter as the easing of restrictions powered a rapid expansion

UK GDP grew 1% in June, the Office for National Statistics said, more than the 0.8% economists had …

Harry Robertson   


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KV Kamath says digital economy can contribute 25% GDP by FY29

Noted banker KV Kamath, who now chairs the National Bank for Financing Infrastructure and Developme…

PTI   


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US economy expands 2.9 per cent in December quarter

"The increase in private inventory investment was led by manufacturing (mainly petroleum and coal …

ANI   


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RBI cuts FY23 GDP growth forecast to 7% as developed world heads into recession

“Against this challenging global environment, economic activity in India remains stable. While…

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US GDP slumped 4.8% in the first quarter, ending the longest economic expansion on record

The sharp contraction in gross domestic product reflects the swift impact of the coronavirus pandem…

Carmen Reinicke   


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The US economy unexpectedly shrank in the first quarter for the first time since the pandemic crash

US gross domestic product shrank at an annualized rate of 1.4% in the first three months of 2022, b…

Ben Winck   


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The US economy grew way more than expected in the fourth quarter as Omicron fueled the biggest virus surge yet

US gross domestic product grew at an annualized rate of 6.9% through the last three months of 2021,…

Ben Winck,Madison Hoff   


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ADB trims economic growth forecast for developing Asia; retains India FY23 GDP growth at 7%

The Asian Development Bank (ADB) has lowered its economic growth forecasts for the developing Asia …

ANI   


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Credit expansion will taper down next year if deposits growth doesn't rise: Axis Bank MD

"... If the deposit growth does not continue, our projection says that credit growth can taper …

PTI   


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The US economy grew way less than expected in the third quarter - signaling the Delta wave did more damage than economists thought

US economic output grew at an annualized rate of 2.0% in the third quarter, missing the average eco…

Ben Winck,Andy Kiersz   


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'India's recovery is on a solid path', is world's top economic performer: UN report

The UN's annual World Economic Situation and Prospects (WESP) report estimated the growth rate o…

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NATO's 2 closest partners are doing some hard thinking about the alliance after Russia's attack on Ukraine

Following Russia's attack on Ukraine, Sweden and Finland are looking to bolster their security, inc…

Constantine Atlamazoglou