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India's Services Index jumps to 58.5 in October as employment grows the fastest in 26 months

India's services sector witnessed a robust performance in October, as the Service PMI index surged …

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Festive consumption growth halved in 2024 as urban demand slacks, notes Nomura

Nomura reports festive consumption growth has dropped to 15% this year. Analysts observed slower gr…

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25 tigers are missing from Ranthambore National Park, investigation underway

Ranthambore National Park is grappling with an alarming number of missing tigers. With 25 tigers u…

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RBI may shift monetary stance to 'Neutral', rate cuts likely by December 2024: Nuvama

The Reserve Bank of India (RBI) will shift its monetary stance to 'neutral' from the current 'withd…

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Navratri 2024: Delhi might witness business of ₹8,000 crores this festive season, predicts CAIT

The festive season in India, starting with Navratri on October 3, is set to boost economic activiti…

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RBI unlikely to cut interest rate in 2024, food inflation to be deciding factor, says SBI chief Setty

T​​​​he US Federal Reserve's first cut in interest rates in more than four years happened today, tr…

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SBI economists see Q2 GDP growth slowing down to 6.5%; FY25 growth to be closer to 7%

Economists at SBI predict a dip in India's GDP growth to 6.5% for the September quarter, citing pre…

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Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das

In the inaugural address at FIBAC 2024, the governor said that massive changes are taking shape in …

PTI   


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Bitcoin ETFs lost $1.2 billion in 8 days as markets swing amid latest economic data

Bitcoin ETFs faced net outflows for eight straight days as iInvestors shed risky assets after the l…

Kelly Cloonan   


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RBI expected to begin rate cuts in October, with two reductions this fiscal: Crisil

The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that ext…

ANI   


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China lost 36% of its billionaires to years of economic troubles and crackdowns

China has lost 432 billionaires since the high of 1,185 in 2021, according to a list compiled by t…

Hannah Abraham   


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RBI likely to keep interest rate unchanged at 6.5%, say experts

Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5% on Thursday, and w…

PTI   


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Employment rose by 35% to 64.33 crore over last six fiscal years: MoS Karandlaje

On the issue of child labour, Karandlaje, in a separate reply said, it is an outcome of various soc…

PTI   


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US economic growth came in slightly under expectations but consumer spending remains strong

While third-quarter GDP came in at 2.8% compared to 3% expectations, 2024 continues to be a strong …

Madison Hoff   


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Economic Survey 2023-24: Where does India stand on the employment, and what's next?

While the agriculture sector has grown at about 4.18% at constant prices over the last 5 years, Ind…

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October marks highest-ever monthly stock sales by foreign portfolio investors

Foreign portfolio investors (FPIs) have again turned net sellers in Indian stock markets in October…

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Job creation, redefining skills most pressing issue globally amid rapid tech changes: FM Nirmala Sitharaman

Sitharaman highlighted the need for urgent action and a comprehensive analysis to address these iss…

ANI   


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S&P 500 caps off its best week of the year after strong economic data

The S&P 500 rose 3.9% over five days as major indexes reversed the sharp sell-off earlier this mont…

Max Adams   


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Economic Survey shows India's energy needs to grow 2.5x, healthy growth in formal employment

Over the last decade, the manufacturing sector managed to mark an average annual growth rate of 5.2…

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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