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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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India becomes third country in revenue percent growth for Netflix in Q2, aided by 'Heeramandi', 'Chamkila' success

In Q2, India was the second and third country in terms of paid net adds and revenue per cent growth…

PTI   


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3 mins read

Economic Survey 2024: GDP grew by 8.2%, to sustain 7%+ growth momentum, fiscal deficit down to 6.4% of GDP

Gross Fixed Capital Formation, or investments in long-term, value-generating fixed assets increased…

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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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Household consumption to surge in Q2 as inflation eases, rural demand revives

Rural areas are witnessing a revival in demand, with increased purchases of fast-moving consumer go…

ANI   


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3 mins read

Indian smartphone market records 7.2% growth in the first half of 2024, Vivo leads the market in Q2

The Indian smartphone market recorded a 7.2% year-on-year growth in shipments in the first half of …

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Indian stock markets open flat amid the anticipations of profit booking

The Indian stock markets opened flat on Tuesday amid the anticipations of profit-booking as the ben…

ANI   


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5 mins read

Indian PC market records 7.1% growth in Q2 2024, HP leads with nearly a third market share

The Indian PC market, which includes desktops, notebooks, and workstations recorded a growth of 7.1…

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India to remain fastest growing major economy in 2024-25, says CEA Nageswaran

India is poised to remain the fastest-growing major economy in 2024-25, Chief Economic Adviser V An…

ANI   


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Cement prices will be hiked and demand will grow in H2FY25 : Centrum report

Cement demand is likely to grow by 5 per cent in FY25, and few more round of price hike by companie…

ANI   


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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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Indian hospitality sector registers growth in Q2 2024; Hyderabad leads with 11.9% surge: JLL report

Hyderabad led the charge with a notable RevPAR growth of 11.9 per cent in Q2 2024 compared to the s…

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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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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S&P Global Market raised growth forecast of China, still significantly lower than India

The S&P Global Market Intelligence has upwardly revised GDP forecasts for China in its latest repor…

ANI   


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India ranked third-largest power in Asia, surpassing Japan: Australian think tank

The Asia Power Index assesses 27 countries across the Asia-Pacific region based on their ability to…

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1 min read

S&P retains India's FY'25 GDP growth estimate at 6.8%

"We expect growth to moderate to 6.8 per cent this fiscal year, with high interest rates and lo…

PTI   


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India's smartphone shipments dip 2% in Q2 2024 as heatwave, slower demand takes toll

Consumers continued to upgrade to higher-value smartphones, supported by better trade-in values and…

PTI   


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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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Coal India's Q1 production surges 8% to 189.3 million tonne in FY'25

CIL's supplies also rose by 6 per cent to 198.4 million tonnes during April-June 2024, with a si…

PTI