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India's GDP grows 7.6% in July-September quarter

T​he Indian economy grew 7.6% during the July-September quarter of the current financial year 2023-…

ANI   


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Finance Ministry confident of 6.5% growth in FY24 despite symmetric risks

The Indian Finance Ministry on Friday exuded confidence that the country will achieve 6.5% growth i…

PTI   


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3 mins read

RBI hikes GDP growth projection for FY24 to 7.3%, keeps rates, stance unchanged

The Reserve Bank of India (RBI)’s rate setting panel – the Monetary Policy Committee – has decided …

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4 mins read

RBI expects India’s GDP to grow at 7% in FY24; keeps repo rate unchanged

The Reserve Bank of India (RBI)’s Monetary Policy Committee unanimously decided to keep the repo ra…

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Interim Budget hikes outlay on big infra projects to Rs 11.1 lakh crore, cuts fiscal deficit to 5.1% of GDP

Finance Minister Nirmala Sitharaman decided to stick to the path of fiscal consolidation path as sh…

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CHART OF THE DAY: Growth forecasts for the US and China are increasingly diverging

Annual real GDP growth for the US in 2023 is expected to be nearly 2.5%, which is more than quadrup…

Matthew Fox   


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Foreign investments in alternate real estate assets jump 6X in four years

Indian alternate real estate assets like co-living spaces, data centres and more have been attracti…

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RBI revises India’s FY24 growth outlook, expects softer inflation on the back of lower commodity prices

The Reserve Bank of India on Thursday revised India’s economic growth outlook upwards, expecting a …

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China's clean energy sector is filling in a vacuum created by the nation's real-estate crash

Clean energy investment contributed to 40% of China's economic growth in 2023 as investments in the…

Aruni Soni   


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Americans notched the biggest annual increase in credit card debt on record last quarter

US credit card debt climbed $154 billion year-over-year last quarter, the largest such increase sin…

Phil Rosen   


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IMF lowers India's GDP growth projections to 5.9% for FY24

The International Monetary Fund (IMF) in its flagship World Economic Outlook projected that India w…

ANI   


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Beijing will offer fresh stimulus through a rare budget adjustment and increased sovereign debt

Beijing is set to issue $137 billion in sovereign bonds, while it's 2024 budget deficit could be in…

Filip De Mott   


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Real-time payments are forecast to boost Indian GDP by US $45.9 billion in 2026

In 2021, India accounted for the largest number of real-time transactions at 48.6 billion, almost t…

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India projected to become world’s third largest economy overtaking Japan and Germany: S&P

India’s real GDP is expected to grow at a pace of 6.3% annually between FY2021-30 – more than the g…

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Budget for world's fastest growing economy: Key numbers to be watched

Finance Minister Nirmala Sitharaman will be presenting her fifth Budget that may do a tightrope wal…

PTI   


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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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New stimulus can fuel full US GDP recovery 2 quarters sooner than previously expected, Morgan Stanley says

The bank expects Congress to pass a new stimulus bill in September with between $1.5 trillion and $…

Ben Winck   


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5 mins read

What is real GDP? Understanding the tool economists and governments use to manage the economy

Real GDP (gross domestic product) is a measure of all the goods and services a nation produces, adj…

Ali Hussain   


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Monetary Policy Impact: RBI’s pause to support real estate demand - particularly affordable segment

The Reserve Bank of India’s (RBI) decision to keep the key policy rate unchanged has been welcomed …

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India's GDP is expected to grow at 7.8% in FY23, says RBI

"In India, real GDP growth at 9.2 per cent for 2021-22 takes it modestly above the level of GD…