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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
6 mins read
Budget A-Z, for the GenZ: A fun and handy guide for major terms around upcoming Union Budget
From fiscal deficit to GDP, understand key terms to navigate the financial landscape and make the m…
2 mins read
India's GDP surpasses estimates, grows at 8.2% in FY24 and 7.8% in Q4
India's gross domestic product (GDP) surpassed all expectations and stood at 7.8 per cent in the Ja…
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
2 mins read
Fitch raises India's growth estimates for FY 25 to 7.2%
Investment will continue to rise but more slowly than in recent quarters, while consumer sp…
PTI
2 mins read
The US economy just saw a big downward revision in jobs added over the last year. Why investors shouldn't sweat it.
"Job growth is still positive. If you are in the rate cut in September camp, these data all but sea…
Matthew Fox
2 mins read
India's GDP growth surges to 8.4% in Q3, 2023-24 growth rate pegged at robust 7.6%
India's economy sprang a surprise with an 8.4 per cent surge in GDP growth during the third quarter…
3 mins read
Job growth beats estimates, unemployment rate hits 2-year high
The unemployment rate was 3.9% this past February, according to the US Bureau of Labor Statistics. …
Madison Hoff
2 mins read
US stocks drop as investors take in revised GDP and await fresh inflation data
Investors are waiting for the Fed's preferred inflation measure to roll out, which will be a key da…
Jennifer Sor
2 mins read
US stocks close mixed ahead of revised US growth data and big lineup of Fed speakers
Ahead of other Fed speakers this week, Governor Michelle Bowman said it's too soon to start cutting…
Filip De Mott
4 mins read
Rating agencies revise GDP growth estimates yet again, most now peg it below 7%
The GDP growth rate for the April-June quarter which came in at 13.5%, fell short of expectations. …
1 min read
Israel's central bank estimates spending to fight Hamas will be about 10% of GDP
The war with Hamas will cost Israel about $58 billion between 2023 and 2025, the central bank proje…
Aruni Soni
4 mins read
Do not panic when Finance Minister Nirmala Sitharaman reads out the revised estimates
As Aditi Nayar, principal economist at ICRA put it, in a conversation with Business Insider, the…
3 mins read
India's GDP growth comes in at 6.3% in Q2: manufacturing, mining witness negative growth
India's economy grew by 6.3% in the second quarter of the current fiscal, official data release…
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…
2 mins read
Fitch Ratings revises outlook on OYO's long-term issuer ratings to 'positive' from 'stable'
Fitch Ratings on Wednesday said it has revised the outlook on Oravel Stays Ltd's (OYO) long-term fo…
PTI
5 mins read
Hero MotoCorp Q4 net profit beats estimates, rises 37% YoY to ₹859 crore
India’s largest two-wheeler manufacturer Hero MotoCorp beat analyst estimates to deliver a 37% YoY …
3 mins read
World Bank cuts global growth estimate for 2023 over recession risks
In 2024, the global economy is projected to grow by 2.7 per cent, against the previous estimate …
ANI
1 min read
Budget 2021-22: Education gets Rs 93,224 cr, Rs 8100 cr more than revised estimates
The Ministry was originally allocated Rs 99,311.52 crore for the 2020-21 fiscal, which was eventual…
PTI
1 min read
US stocks rise after positive GDP revision and ahead of speech from Fed Chairman Jerome Powell
Q3 GDP growth was revised to 2.9% from 2.6%, while the ADP payroll report showed 127,000 jobs added…