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8 mins read
Almost one in five of India’s future unicorns drop off the race as funding winter bites
The ASK Private Wealth Hurun India Future Unicorn Index 2023 shows a decline in India's startup eco…
2 mins read
Two entities upgraded for every downgrade in FY24, hospitality sector records 23 upgrades: ICRA
The fiscal year of FY24 continued the ‘upgrade momentum’ that was set into motion in FY22, said the…
3 mins read
India's GDP growth forecast continues to see cuts
India’s GDP growth will slow down in the next calendar year of 2023, says a note released by …
3 mins read
India's GDP growth comes in at 6.3% in Q2: manufacturing, mining witness negative growth
India's economy grew by 6.3% in the second quarter of the current fiscal, official data release…
3 mins read
No end to downgrades in GDP estimates as economists remain divided on severity of slowdown
SBI Ecowrap has pegged India’s GDP growth rate for Q2 FY23 at 5.8%, much lower than the RBI’s e…
2 mins read
RBI downgrades FY23 GDP growth projections to 6.8% - lower than World Bank and other global agencies
“A growth of 6.8% is considered very strong in the current context when the world economy is…
4 mins read
The competition between India and China is about more than raw power
India and China are locked in a battle between two very different political ideologies.
Tom Porter
5 mins read
Foreign investors have pulled out nearly $7 billion in the last two months, and over $12 billion since April this year
Foreign institutional investors (FIIs) have offloaded nearly $7 billion worth of shares in the last…
1 min read
Trade ties with India suspended due to 'heavy duties': Pakistan Foreign Minister
Pakistan's Foreign Minister Ishaq Dar highlighted the suspension of trade ties between Islamabad an…
PTI
2 mins read
IMF downgrades 2023 global growth forecast to 2.7%
The International Monetary Fund (IMF) has projected the global economy to grow by 3.2 per cent in 2…
7 mins read
The downgrade of SBI, Bank of Baroda, and ICICI Bank is proof that the 'biggest nightmare' for India's financial sector is becoming real
Indian banks had barely cleaned up the massive pile of unpaid loans from the country’s corporates, …
2 mins read
Credit quality outlook of India Inc positive in first half of FY25: Crisil Ratings
Crisil Ratings on Monday said the credit quality outlook for Indian corporates remains positive for…
PTI
1 min read
Tata Motors downgraded again, thanks to slow India business and ‘elevated risks’ from Jaguar Land Rover
Another ratings agency has downgraded Tata Motors to ‘BB-’ with a negative outlook. Fitch Ratings h…
2 mins read
Moody's says India's tax cuts, realty rescue, and bailouts are not enough to beat the slowdown
A day after the short-lived euphoria caused by the Indian government’s ₹25,000 crore bailout pack…