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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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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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2 mins read

Stock market today: Indexes slip as traders digest GDP and inflation data ahead of more big earnings

GDP rose 2.8% last quarter, while PCE inflation was 2.2% in September. Traders are bracing for earn…

Filip De Mott   


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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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SBI aims to become first financial firm to cross milestone of Rs 1 lakh crore profit: Chairman

SBI recorded a standalone net profit of Rs 61,077 crore in FY24, registering a growth of 21.59%.

PTI   


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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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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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4 mins read

India's bioeconomy reaches valuation of $151 billion, contributes 4.25% to GDP: Report

It was released during a session at the Global Bio-India Summit 2024. The report said that…

PTI   


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2 mins read

India only G20 nation to achieve climate targets, its efforts surprise world: PM Modi

Addressing the nation from the ramparts of the Red Fort on the 78th Independence Day, he said the f…

PTI   


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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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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's bioeconomy reaches valuation of USD 151 billion, contributes 4.25 percent to GDP: Report

India's bioeconomy has grown to USD 151 billion by the end of 2023, contributing 4.25% to the GDP a…

PTI   


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5 mins read

Xi Jinping just fired his giant money cannon at the wrong target

Wall Street ate up China's newest plan to jump-start their economy. But Xi Jinping's ideas won't fi…

Linette Lopez   


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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

'Time is running out' for China to hit its growth targets, economist says

With no clear sign of a stronger growth stimulus, China likely won't reach its 5% annual growth tar…

Kelly Cloonan   


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3 mins read

China's Communist Party begins key meet to stem economic slowdown, following 4.7% dip in GDP

China's GDP dipped to 4.7 per cent in the second quarter, the government said on Monday, as the rul…

PTI   


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Moody's projects 6.8 pc GDP expansion in 2024 on strong growth, post-election policy continuity

High-frequency indicators, including robust goods and services tax collections, rising auto sal…

PTI   


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3 mins read

India's digital economy poised to constitute 1/5th of GDP by 2026, highlights RBI report

Several enabling forces have come together to energise this revolution. Although internet penetrati…

PTI