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SBI economists see Q2 GDP growth slowing down to 6.5%; FY25 growth to be closer to 7%

Economists at SBI predict a dip in India's GDP growth to 6.5% for the September quarter, citing pre…

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India likely to grow at 7.2% in FY25, says RBI deputy governor

India's rising working-age population and digital advancements are pivotal in this growth.

PTI   


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India to see solid domestic demand for the next 2 years, to grow at the rate of 6.5%-7%

The OECD report projects stable economic growth for emerging G20 economies, including India. India'…

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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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S&P retains India's growth forecast at 6.8%, expects RBI to cut rates in Oct

S&P said the Union Budget in July outlined that the government remains committed to fiscal consolid…

PTI   


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Wipro announces 1:1 bonus issue; share surges 4% on the back of strong Q2 results

Yesterday, the company posted a solid 21.2% YoY rise in its consolidated net profits, which stood a…

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Anand Rathi anticipates Q1 FY25 GDP growth at 7%, a little lower than RBI's estimate of 7.1%

The services sector is expected to be the primary driver of GDP growth in Q1 FY25. Despite reduced …

ANI   


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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 Services Index jumps to 58.5 in October as employment grows the fastest in 26 months

India's services sector witnessed a robust performance in October, as the Service PMI index surged …

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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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Profit of public sector banks expected to decline by 0.6 percent QoQ : Motilala Oswal

As the earnings season for the second quarter of FY25 unfolds, public sector banks (PSBs) are expec…

ANI   


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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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RBI projects 7.2% GDP growth for FY25, CPI inflation to moderate at 4.5%

The Reserve Bank of India (RBI) has projected India's real GDP growth for FY25 at 7.2%, while CPI i…

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Fitch retains India rating at 'BBB-' with stable outlook

India's rating has remained unchanged at 'BBB-', the lowest investment grade, since August 2006.

PTI   


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SBI Research anticipates Q1 GDP growth at 7.1%, in line with RBI forecast

Indian economy is expected to grow at 7.0-7.1% in the April-June period, the first quarter of 2024-…

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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India's power sector to rise 2.2x, defence sector to grow at 13% CAGR by 2030

India's power generation and transmission sectors are poised for substantial growth. Also, India's …

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India needs to create 148 million additional jobs by 2030 given population growth, says IMF DMD Gopinath

Given the scale of what is needed, it is going to require basic reforms including land reforms and …

PTI   


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India to clock 7% growth in FY25 despite headwinds: Deloitte

According to Deloitte projections, growth is likely to be 6.7% in the next fiscal year (2025-26). T…

PTI   


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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