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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…
All eyes on China: Rush of foreign investors can do little to stave off a slowdown, says World Bank
China's last public holiday of the year, the Golden Week, which ended on October 7 and commemorat…
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…
Asian markets decline amid economic slowdown fears, experts say limited impact on India
Asian stock markets on Monday plummeted early as selling pressure mounted after lower-than-expected…
ANI
Indian manufacturers see softer increases in new business, output in August: PMI
In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction. …
PTI
Net NPAs of Indian banks dropped by 24.9% and Gross NPAs by 15.2% as of June 2024: CareEdge
The gross non-performing assets (GNPAs) of scheduled commercial banks (SCBs) fell by 15.2 per cent …
ANI
Rural demand, government spending to drive growth in the second half of FY25
Rural demand and government spending will be key drivers of India's economic growth in the second h…
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…
Global manufacturing production rapidly moving toward emerging markets like India, says IMF
The International Monetary Fund (IMF), in its latest World Economic Outlook report, has highlighted…
ANI
ICRA forecasts slowdown in India's economy: GDP growth expected to hit six-quarter low in Q1 FY2025
In a rather dampened forecast for the Indian economy, ICRA has forecast a sharp slowdown in India's…
India to clock 7% growth in FY25 despite headwinds: Deloitte
According to Deloitte projections, growth is likely to be 6.7% in the next fiscal year (2025-26). T…
PTI
Sensex and Nifty fall sharply on inflation and foreign fund exodus, marking multi-month lows with five-day losing streak
Both the Sensex and Nifty faced significant losses on November 13, driven by a combination of weak …
India's strong economic recovery is led by fiscal expenditure: DSP MF
India's tax collections have also demonstrated robust growth, with gross tax revenue showing a five…
ANI
Recent trend of slowdown in Capex to GDP and pick up in consumption a concern: Nuvama Equities
According to a report by Nuvama Wealth Management, in the past two quarters, the capex to GDP ratio…
ANI
RBI unlikely to cut interest rate in 2024, food inflation to be deciding factor, says SBI chief Setty
The US Federal Reserve's first cut in interest rates in more than four years happened today, tr…
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…
India's economic momentum stays strong with composite PMI at 60.7 in July 2024: Anand Rathi report
The Services PMI, recorded 60.3 in July 2024, has consistently held above the 60-mark for seven con…
ANI
Indian economy relatively slowed in Q1-FY25, here's what experts have to say
The Indian economy grew by 6.7% in real terms in the April-June quarter of the current financial ye…
ANI
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
World Bank raises GDP projection, says India to keep its fastest-growing economy tag
The World Bank has upwardly revised India's GDP growth forecast for the current financial year 2024…