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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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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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Recent trend of slowdown in Capex to GDP and pick up in consumption a concern: Nuvama Equities

According to a report by Nuvama Wealth Management, in the past two quarters, the capex to GDP ratio…

ANI   


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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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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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India's economic momentum stays strong with composite PMI at 60.7 in July 2024: Anand Rathi report

The Services PMI, recorded 60.3 in July 2024, has consistently held above the 60-mark for seven con…

ANI   


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6 mins read

India could emerge as an economic superpower amid dull global economic landscape

IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…

ANI   


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World Bank raises GDP projection, says India to keep its fastest-growing economy tag

The World Bank has upwardly revised India's GDP growth forecast for the current financial year 2024…

ANI   


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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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Economic implications of Lok Sabha Election 2024 results: Would lack of a clear majority for BJP impact India’s growth story?

Less than a week ago, India reported a remarkable GDP growth rate of 8.2% for the fiscal year 2023-…

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India's gold demand up 8% in Jan-Mar to 136.6 tonne despite high rate

India's gold demand in value terms rose 20 per cent on an annual basis to Rs 75,470 crore durin…

PTI   


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3 mins read

Fresher hiring sees a significant decline, particularly in IT sector! What should you do?

Last week news began trending that claimed more than 30% of IIT Bombay students could not get place…

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Gold loses sheen in August as economic data shows no sign of slowdown

Gold is not glittering all that much as central banks continue to hike rates and bond yields contin…

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Stock markets end on positive note despite early setbacks

The BSE Sensex ended the day with an uptick of 131.18 points closing at 77,341.08. Meanwhile, the b…

ANI   


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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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3 mins read

Diamond polishing industry caught between lab grown rocks and economic slowdown

​​Diamond polishing industry is headed for turbulent times as revenues are expected to drop 30-35% …

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SBI Eco Research forecasts Q3 FY24 GDP growth at 6.8% amid global complexities

According to their report, the GDP growth is likely to be at 6.8 per cent, based on an unchanged ba…

ANI   


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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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Significant decline in job growth in FY24, IT and Textile sector labelled 'job destroyers', notes recent BoB report

India Inc. saw a significant slowdown in employment growth, with an increase of just 1.5% in FY24, …

ANI   


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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 …