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1 min read

Fitch retains India rating at 'BBB-' with stable outlook

India's rating has remained unchanged at 'BBB-', the lowest investment grade, since August 2006.

PTI   


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2 mins read

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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2 mins read

SBI report says inflation will remain around 5 per cent this fiscal

Recent data indicates that the Consumer Price Index (CPI) inflation rose to 5.08 per cent in June 2…

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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3 mins read

Modi 3.0 will offer policy continuity, but BJP's loss of outright majority may slow down fiscal reforms: Moody's

This victory indicates continuity in policy, particularly in infrastructure spending and boosting d…

ANI   


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2 mins read

India's FMCG sector to see revenue growth of 7-9% in fiscal 2024: CRISIL

The report added that the product realisations are expected to grow modestly with slight increases …

ANI   


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3 mins read

Economic Survey 2024: GDP grew by 8.2%, to sustain 7%+ growth momentum, fiscal deficit down to 6.4% of GDP

Gross Fixed Capital Formation, or investments in long-term, value-generating fixed assets increased…

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2 mins read

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   


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1 min read

Maruti Suzuki targets to sell 6 lakh CNG units this fiscal: Official

Maruti Suzuki India aims to sell around 6 lakh CNG vehicles this fiscal, a 25% increase from FY24. …

PTI   


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2 mins read

Strong growth, lower fiscal deficit may lead to India rating upgrade: Deutsche Bank

Strong growth and a narrower fiscal deficit can lead to a sovereign rating upgrade for India, a Ger…

PTI   


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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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3 mins read

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   


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3 mins read

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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3 mins read

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…

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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

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   


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2 mins read

Anand Rathi anticipates Q1 FY25 GDP growth at 7%, a little lower than RBI's estimate of 7.1%

The services sector is expected to be the primary driver of GDP growth in Q1 FY25. Despite reduced …

ANI   


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4 mins read

Budget size almost unchanged from interim, shows govt's commitment to fiscal prudence: Experts

According to the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman, the total e…

PTI   


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2 mins read

India economic momentum remains intact, set to achieve 6.5-7% growth, says Finmin Report

Tax collections, especially indirect taxes, which reflect transactions, are growing healthily, and …

PTI   


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2 mins read

India's exports to Kuwait surged by 34.78% Y-o-Y to USD 2.1 bn

India's trade with Kuwait has surged remarkably, with Indian exports to the Gulf nation reaching an…

ANI