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3 mins read

India's GDP growth comes in at 6.3% in Q2: manufacturing, mining witness negative growth

India's economy grew by 6.3% in the second quarter of the current fiscal, official data release…

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Heatwave and high commodity prices drag down March quarter and FY22 GDP estimates

Inflation is not only hurting the common people’s pockets, it’s now dragging down the overall econo…

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2 mins read

SBI Ecowrap revises FY23 annual GDP growth rate projection to 6.8%

"The downward revision is mostly to do with our Q1GDP estimate that was at 15.7 per cent," the r…

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India is slowing down so fast that even experts can’t keep up

India’s financial health is failing so fast that experts have had to revise their projections…

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Foreign investors sold shares worth over a billion dollars in the last four trading days⁠ while India was unveiling its ₹20 lakh crore stimulus

Foreign portfolio investors (FPIs) remain unimpressed with Narendra Modi government’s ₹20 lakh cror…

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1 min read

GDP growth rate for 2018-19 revised downwards to 6.1 pc

New Delhi, Jan 31 () The government on Friday revised downwards the economic growth rate for 2018-1…

PTI   


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Indian Prime Minister's economic advisor has 3 ideas to keep the economy running fast, on its own

Ironically, the Indian government is facing the same conundrum as any middle class family in the…

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1 min read

All the data is pointing to a soft landing in the US economy, top economist says

"The bottom line is that the US economy is not in a recession, and there are no signs of a recessio…

Matthew Fox   


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With 6.7% GDP growth in Q1 FY25, SBI says full-year growth should be revised downwards to 7%

According to a recent report by the State Bank of India (SBI), the moderation in India's GDP growth…

ANI   


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PM Modi invites US CEOs to take a 'byte' out of India's growing technology sector

Addressing CEOs of the large US tech firms on Sunday, Modi also said India will make every effort t…

PTI   


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1 min read

China's economy is still stuck in low gear

China's economy continues to face headwinds from a slowing real estate sector, with property invest…

Kelly Cloonan   


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Monetary Policy Committee keeps repo rate unchanged at 6.5%, confirms RBI governor Shaktikanta Das

The Indian central bank’s rate-setting panel, the Monetary Policy Committee (MPC), has kept the rep…

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India’s economic growth expectedly slows to 6.7% in Q1 — lowest in the last five quarters

India's GDP growth slowed to a 15-month low of 6.7% in the first quarter of FY 2024-25 due to weake…

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Some Russians are spending like no tomorrow with 'considerable' overheating in the economy

Russia's central bank hiked interest rates from 16% to 18% to cool its overheated wartime economy.

Huileng Tan   


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Despite budget provisions, residential housing market will see sales growth, notes recent report by Knight Frank

A notable 24% expect stability, while 25% predict a potential decrease, reflecting a balanced yet c…

ANI   


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Equity markets to track global cues; may witness gradual up-move ahead of Lok Sabha poll results: Analysts

Equity markets may witness a gradual up-move this week with some volatility as both election and ea…

PTI   


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4 mins read

Inflation spikes in June 2024 due to high food prices; Likely to affect RBI’s decision on interest rate

Indian retail inflation rises to 5.08% in June, driven by a spike in food prices. Food price inflat…

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2 mins read

Mukesh Ambani invokes ‘Shonar Bangla’ as he expects state to be the logistics hub of the East

In an address delivered at the Bengal Global Business Summit, Mukesh Ambani, chairman and managing …

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SBI report deciphers India's GDP surge and economic projections

India's GDP expanded by a remarkable 8.4 per cent during this period, following consecutive quarter…

ANI   


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Why China's economy is doing better than people think, says a former PBOC advisor

China could hit its target growth rate if it focuses on boosting fiscal and monetary support, a for…

Filip De Mott