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4 mins read

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   


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2 mins read

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…

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2 mins read

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   


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2 mins read

India's Services Index jumps to 58.5 in October as employment grows the fastest in 26 months

India's services sector witnessed a robust performance in October, as the Service PMI index surged …

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3 mins read

Russia's economy faces 'near stagnation' with sanctions whittling down annual GDP growth, European economist says

Russia's economy could be losing as much as 3% of its GDP a year due to Western sanctions, a Europe…

Jennifer Sor   


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2 mins read

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   


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2 mins read

Monsoon projections to ensure India's GDP growth forecast remains at 7% for FY'25: Asian Development Bank

The Asian Development Bank (ADB) on Wednesday maintained India's GDP growth forecast at 7 per cent …

PTI   


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2 mins read

Some Russians are spending like no tomorrow with 'considerable' overheating in the economy

Russia's central bank hiked interest rates from 16% to 18% to cool its overheated wartime economy.

Huileng Tan   


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3 mins read

India to see solid domestic demand for the next 2 years, to grow at the rate of 6.5%-7%

The OECD report projects stable economic growth for emerging G20 economies, including India. India'…

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2 mins read

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   


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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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2 mins read

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   


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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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3 mins read

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…

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2 mins read

Russia's GDP growth slowed in Q2 while inflation continued to soar on the back of heavy state spending: report

It comes as the Kremlin battles rising inflation and warnings that the economy is overheating.

Rebecca Rommen   


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3 mins read

RBI projects 7.2% GDP growth for FY25, CPI inflation to moderate at 4.5%

The Reserve Bank of India (RBI) has projected India's real GDP growth for FY25 at 7.2%, while CPI i…

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3 mins read

India's power sector to rise 2.2x, defence sector to grow at 13% CAGR by 2030

India's power generation and transmission sectors are poised for substantial growth. Also, India's …

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2 mins read

With 6.7% GDP growth in Q1 FY25, SBI says full-year growth should be revised downwards to 7%

According to a recent report by the State Bank of India (SBI), the moderation in India's GDP growth…

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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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