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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…
3 mins read
All eyes on China: Rush of foreign investors can do little to stave off a slowdown, says World Bank
China's last public holiday of the year, the Golden Week, which ended on October 7 and commemorat…
6 mins read
Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…
2 mins read
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
2 mins read
India's strong economic recovery is led by fiscal expenditure: DSP MF
India's tax collections have also demonstrated robust growth, with gross tax revenue showing a five…
ANI
3 mins read
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
2 mins read
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
3 mins read
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…
1 min read
Karnataka registered 10.2% GSDP growth in 2023-24
Karnataka's GSDP soared to 10.2% in 2023-24, outpacing the national average of 8.2%, despite a seve…
PTI
2 mins read
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
2 mins read
Hiring in Indian IT sector likely to see turnaround with 8-10% growth in 2024
The Indian IT sector, which has seen contraction in hiring amid global economic slowdown and fundin…
3 mins read
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…
6 mins read
A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …
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
2 mins read
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
4 mins read
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-…
3 mins read
New era for Asia equities to be led by India and Japan as China stumbles, says Morgan Stanley
India could well be on its way to becoming another China. India will potentially lead the new era o…
6 mins read
Will Indian employers cut down on employee perks just like Google did?
As slowdown blues pinch, the quickest way to save money is to cut down people-related costs. Trimm…
3 mins read
Over 4,000 millionaires could still leave India in 2024 — but the drain is getting slower year-on-year
Bucking the global trend, millionaire migration out of India is showing signs of slowing down. Whil…
3 mins read
How Singapore's job slowdown may impact non-resident Indians in city-state
Based on data from Enterprise Singapore, a statutory board under Singapore's Ministry of Trade and …