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End of revenge spending? Urban spending to taper off in the next few quarters, says Motilal Oswal

Fuelled by revenge shopping and revenge travelling, urban Indians have been spending heavily since …

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4 mins read

World Bank downgrades India's economic growth forecast to 6.5% for FY23

The Indian economy grew by 8.7 per cent in the previous year. "The Indian economy has done …

PTI   


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India has the best international trade prospects among top 10 economies: S&P

New Delhi [India], November 18 (ANI): Among the group of top 10 economies, the most positive prospe…

ANI   


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Recession in India will end latest by March, says a top economist

The Reserve Bank of India declared that India had gone into recession after the economy contracted …

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5 mins read

India could emerge as the third pole despite GDP growth worries say experts

If any major middle-income country is truly outperforming in the coming decades, it's the world's s…

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4 mins read

India’s GDP has contracted five times since 1947, but never as bad as 7.3%

The Asian giant’s gross domestic product (GDP) has contracted by 7.3% in 2020-21 — and that’s the b…

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3 mins read

Durgapur and Salem among 20 emerging IT destinations in India: TeamLease

Tier 2 and 3 cities like Thiruvananthapuram, Ahmedabad, Cochin, Coimbatore and more are identified …

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4 mins read

Four ratings agencies see double-digit contraction in India's GDP for the whole year

India's economy is expected to contract 10.5 per cent in the current fiscal before bouncing back in…

PTI   


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Indian economy contracts 23.9% in the April-June quarter

The government had imposed a nationwide lockdown on March 25 to curb the spread of coronavirus …

PTI   


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Contraction in India's industrial activity eased by nearly 6%

A sequential rebound in industrial activity eased the contraction rate of India's factory output in…

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1 min read

Indian economy's growth slows down to 5.4% between October to December

Indian economy grew by 5.4 per cent in the October-December quarter of 2021-22, official data relea…

PTI   


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7 mins read

Tech titans love Modi's economic powerhouse India — despite mass unemployment and abject poverty

India is on track to become the world's third-largest economy by 2027, but Narendra Modi faces a pi…

Theron Mohamed   


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1 min read

Moody's revises India's FY21 GDP contraction to -10.6% after government announces new stimulus measures

Moody's Investor Service on Thursday revised the contraction rate of India's FY21 GDP to (-) 10.6 p…

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3 mins read

India's GDP to contract by 3 pc in FY21: BofA

The rural sector also is a relatively bright spot because of better monsoons which will deliver a …

PTI   


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India's GDP grew 8.7% in FY22, 4.1% in Q4

The Reserve Bank of India (RBI) had projected GDP for the fiscal that ended in March at 9.5 per cen…

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3 mins read

Fitch improves forecast of Indian economy — sees GDP contraction of 9.4% for FY21

"We now expect GDP to contract 9.4 per cent in the fiscal year to end March 2021 (FY21) (+1.1 …

PTI   


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Senior job roles to see avg 20% hike on buoyant sentiment: Michael Page

Salary hike in senior level job roles is expected to reach an average of 20 per cent this year, as …

PTI   


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3 mins read

India's GDP to contract by 5.3% due to coronavirus 'disorder', says India Ratings

"The disorder caused by the COVID-19 pandemic unfolded with such a speed and scale that the dis…

PTI   


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4 mins read

China's economy looks set for a much-vaunted V-shaped recovery, while the rest of the world lags behind. Here's why.

Christophe Barraud, chief economist at Market Securities, said Europe or US will not see Q4 2019 gr…

Saloni Sardana   


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India's GDP may contract by 6.4% in FY21: Care Ratings

It said given that the nation is into a lockdown for July too with several restrictions on resumpti…

PTI