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2 mins read

Fitch raises India's growth estimates for FY 25 to 7.2%

Investment will continue to rise but more slowly than in recent quarters, while consumer sp…

PTI   


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2 mins read

With strong growth momentum in India, Asian earnings growth to outpace US and Europe this year: Report

Reserve Bank of India's (RBI) latest monetary policy report predicts a robust growth rate of 7.2 pe…

ANI   


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2 mins read

Growth in India set to get more broad-based, says Morgan Stanley; pegged 6.8% for 2024

Growth in India, which already is strong and surging, may become more broad-based across both on th…

ANI   


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4 mins read

S&P ups India's outlook to positive, raises hope for rating upgrade in 2 years

In a statement on Wednesday, the US-based agency said India's rating can be upgraded in the nex…

PTI   


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4 mins read

New govt to inherit strong economy, focus on making India developed nation by 2047

India's world record beating economic growth rate together with robust tax revenues, a fast expandi…

PTI   


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2 mins read

Global economy to grow 2.7% in 2024 as major economies avoid severe downturn: UN report

The growth rate of the world economy is expected to remain around 2.7 per cent in 2024, and 2.8 per…

ANI   


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2 mins read

RBI approves highest-ever dividend payout of Rs 2.11 lakh crore to central government!

The Reserve Bank of India, on Wednesday, approved the highest-ever dividend payout of Rs 2.11 lakh …

PTI   


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2 mins read

Stock market today: Dow plunges 605 points as fresh economic data clouds outlook for rate cuts

Nvidia soared a day after reporting earnings, but the rest of the market flailed as new data reinfo…

Max Adams   


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3 mins read

Deloitte projects India's FY25 GDP growth at 6.6%

Deloitte India on Friday said it estimates India's GDP growth at 6.6 per cent in the current fiscal…

PTI   


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3 mins read

This college professor turned out to be an economic oracle last year. Here's her outlook for 2024.

Belinda Román teaches at a little-known Catholic university in Texas. She called the economy better…

George Glover   


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2 mins read

The Fed will spark an economic crash by delaying rate cuts, State Street equity research chief says

"We increasingly begin to hear about things breaking down," State Street's Marija Veitmane said.

Jennifer Sor   


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2 mins read

Employment could rise by 22% by 2028 as India targets $5 trillion economy goal: Employment outlook report

As India approaches its $5 trillion economy goal, overall employment could rise by 22 per cent, whi…

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2 mins read

Fitch's negative outlook for China is more bad news for its stalling economy

Beijing is battling deflation and an ongoing property-market crisis that the ratings agency says is…

George Glover   


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2 mins read

A 'proper' economic downturn is looming, which could trigger steep rate cuts as soon as this year, economist says

"We believe we are heading into a proper downturn that will require a proper easing cycle," Manulif…

Filip De Mott   


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2 mins read

RBI sees price of India's crude oil imports at $85 a barrel in FY25

The RBI expects the price of the Indian basket of crude oil imports to be around $85 per barrel goi…

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2 mins read

Fitch raises global growth forecast on improved near-term prospects

Fitch Ratings has raised its 2024 global GDP growth forecast by 0.3 percentage points to 2.4 per ce…

ANI   


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2 mins read

India's rating upgrade possible in next 24 months if fiscal deficit falls to 4%: S&P

The central government estimates to bring down fiscal deficit to 5.1% of the GDP in the current fis…

PTI   


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6 mins read

India could emerge as an economic superpower amid dull global economic landscape

IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…

ANI   


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2 mins read

Americans' spending patterns are flashing a warning of a possible consumer-led recession

Consumers are pulling back on discretionary purchases, a sign that their stimulus-fueled shopping s…

Jennifer Sor   


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3 mins read

Bad news for coders: The US is past peak software developer

The strong demand for software developers has softened, so it could take more time to land this typ…

Madison Hoff