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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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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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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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SBI Research anticipates Q1 GDP growth at 7.1%, in line with RBI forecast

Indian economy is expected to grow at 7.0-7.1% in the April-June period, the first quarter of 2024-…

ANI   


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Bangladesh's inflation spikes to 12-year high to 11.66% in July, amid widespread anti-quota protests

The previous high of the general inflation rate was 9.94% last May, the report said. July was marke…

PTI   


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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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RBI Governor Shaktikanta Das projects 7.2% GDP growth for 2024-25, reports eased inflation to 5.1% in June

RBI Governor Shaktikanta Das says inflation will moderate from July onwards as the monsoon has impr…

ANI   


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Indian economy likely to grow at 7-7.2 percent in FY25,Deloitte India says

Deloitte India forecasted a 7-7.2% growth rate for the Indian economy this fiscal year, citing stro…

PTI   


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The stock market's biggest risk this week is a hot August jobs report, BofA says

"Equities seem more excited about the cuts than concerned about a potential recession," strategists…

Matthew Fox   


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India's services sector activity hits 5-month high in August on uptick in new work orders

On the price front, input costs rose at their slowest pace in six months, with both the manufacturi…

PTI   


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1 min read

Moody's raises India's GDP forecast to 6.7% for 2023

Global rating agency Moody's has raised India's growth forecast to 6.7 per cent from 5.5 per cent f…

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India's GDP surpasses estimates, grows at 8.2% in FY24 and 7.8% in Q4

India's gross domestic product (GDP) surpassed all expectations and stood at 7.8 per cent in the Ja…

ANI   


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Stocks continue to consolidate ahead of Lok Sabha election results

Risk aversion in Indian stocks continued on Thursday morning, as the indices opened the session on …

ANI   


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RBI sees a positive shift in FPI's flows in the domestic market, $9.7 bn from June till August 6

Governor Das said, "On the external financing side, foreign portfolio investors turned net buyers i…

ANI   


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Foreign investors continue to remain net buyers in India stocks for third month

Foreign portfolio investors (FPIs) continue to remain net buyers for the third month in April in In…

ANI   


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Moody's retains India's 2023 growth forecast at 6.7% on strong domestic demand

India's real GDP rose 7.8 per cent year-over-year in June quarter, up from 6.1 per cent in Ma…

PTI   


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3 mins read

RBI hikes GDP growth projection for FY24 to 7.3%, keeps rates, stance unchanged

The Reserve Bank of India (RBI)’s rate setting panel – the Monetary Policy Committee – has decided …

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Finance Ministry confident of 6.5% growth in FY24 despite symmetric risks

The Indian Finance Ministry on Friday exuded confidence that the country will achieve 6.5% growth i…

PTI   


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GST revenues grew 11% to about ₹1.6 lakh crore in August: Revenue secretary

The GST revenues for August 2023 have shown a growth of 11 per cent year on year due to increased …

PTI   


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Nifty makes significant gains on positive PMI, GDP data

Mumbai, Sep 1 (IANS) Domestic markets made significant gains buoyed by favourable global cues, a hi…