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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
Why "buying the dip" is not always good advice, and the right time to start is now
A recent report by PGIM India Mutual Fund suggests that buying the dip might not always yield great…
Karnataka registered 10.2% GSDP growth in 2023-24
Karnataka's GSDP soared to 10.2% in 2023-24, outpacing the national average of 8.2%, despite a seve…
PTI
Indian smartphone shipments up 3% in Q3 – Vivo leads the market but Samsung wins the value game
Indian smartphone shipments have received a boost in Q3, recording a 3% year-on-year growth, which …
UPI transactions volume rises 52% to 78.97 billion in Jan-Jun: Report
This growth in volume was matched by an increase in transaction value, which climbed from Rs 12.98 …
PTI
Office rents across all major Indian cities surpass pre-pandemic levels in 2024, notes a new report
Even within these cities, the growth of rental demand in certain micro-markets, which are located a…
Housing sales down 11% in Jul-Sep as average prices climb 23% in India's top 7 cities: Anarock
The top 7 cities witnessed a drop of 19 per cent in new housing supply, with 93,750 units launched …
PTI
This tiny country says it will give $500 to every adult as an Exxon oil boom supercharges its economy
Guyana, the world's fastest-growing economy after a huge Exxon discovery, is tapping its oil wealth…
Theron Mohamed
S&P retains India's growth forecast at 6.8%, expects RBI to cut rates in Oct
S&P said the Union Budget in July outlined that the government remains committed to fiscal consolid…
PTI
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
Why all eyes are on America's fallen tech giant Intel, which is losing its spot in the Dow Jones Industrial Average
Intel's missed AI opportunities, its manufacturing delays, and its lost spot in the Dow Jones Indus…
Helen Li
India's services sector activity slips to 10-month low in Sep as new orders, international sales decline
The seasonally adjusted HSBC India Services Business Activity Index fell from 60.9 in August to 57.…
PTI
E-commerce sales expected to reach ₹1.2 lakh crore this festive season
The festive season is here and e-commerce giants Amazon, Flipkart and other companies have started …
Chipmakers tumble as ASML forecast cut issues a growth warning to the sector
Chip stocks fell Tuesday. ASML slashed its guidance for 2025, and the sector mulled reports of more…
Kelly Cloonan
Indians credit card spending increases 19% YoY to Rs 1.7 trillion in July 2024
According to a report released by SBI Securities, the total expenditure by credit card users across…
ANI
Credit card growth experiencing a slowdown, as borrowers struggle to pay back loans
Growth in credit card spending across the system has dropped to about 13% year-on-year (y-o-y) in A…
Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…
Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report
As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…
Working-age Indian population rising; expected at around 64% in next census: SBI Research
The administrative work to hold the long-delayed countrywide census is underway. The last decadal c…
ANI
Average housing price up 12% annually in Apr-Jun; NCR sees maximum 30% appreciation: Report
Prices in Chennai remained flat at Rs 7,690 per square feet. Delhi-NCR saw a maximum 30 % price ris…