With the probability associated with a recession in major industrial countries this year trimming, several economic indicators such as the tight labour markets and reduced risk spreads post the US banking crisis suggest that...
The apex bank has also revised GDP growth marginally upwards from 6.4 per cent to 6.5 per cent for the current financial year.
However, the ratings agency revised downwards India's growth estimate for 2022 to 6.8 per cent from 7 per cent
This is primarily because of a stronger outturn in the first quarter and near-term momentum.
The National Statistical Office, in its second advanced estimate, has retained GDP growth at 7 per cent for the full year, which factors in a growth of 5.1 per cent
As per an SBI report, corporate margin seems to be under pressure as reflected in results of around 3,000 listed companies
Describing AI as a kinetic enabler of the digital economy, the minister said it is a very important and valuable layer on the progress that has been made by the startups and innovation ecosystem over the last several years...
The ratings agency said that the growth momentum of the first half of FY23 is not expected to sustain in the second half of the year
The International Monetary Fund (IMF) expects the Chinese economic recovery to have a positive impact on rest of the Asian economies as well
Congress president Mallikarjun Kharge said the government is always making tall claims of achieving 8 per cent or 10 per cent growth but has failed to achieve...
The survey projected a baseline growth of 11 per cent in nominal terms and 6.5 per cent in real terms for the next fiscal
The growth in nominal GDP during 2022-23 is estimated at 15.4 per cent as compared to 19.5 per cent in 2021-22
Remarking that basic necessities have been provided to the people and more so in the rural areas by the government, Debroy said the economic indicators after...
International Monetary Fund projects projects 6.8 % growth in current fiscal for India, says country navigating 'very difficult' external environment
Upgrading Indian equities to 'benchmark' from 'underweight', Credit Suisse said there is a scope for a growth of up to 14 per cent on the benchmark indices
World Bank's India Development Update said India is affected by spillovers from the US, Euro area and China
Speaking at a side event of the first Sherpa meeting under India's G20 presidency here, the economist said India has a per capita income of only USD 2,200 and...
S&P had in September projected the Indian economy to grow 7.3 per cent in 2022-23 and 6.5 per cent in next fiscal year (2023-24)
India’s Gross domestic product may expand by 5.9% in calendar year 2023 from an estimated 6.9% this year
"This multilevel crisis has shattered the myth of a unipolar or a bipolar world of superpowers that could step in and stabilize global environments," he said.
In its Economic Outlook for Asia Pacific, S&P said the external environment has soured for economies in the region and higher global interest rates will...
The government today released India’s gross domestic product (GDP) data for the first quarter (Q1) of the ongoing financial year 2022-23
"You need the productive growth because it's the only way in which incomes are going to grow but you need a lot more job growth and it can be achieved," he said
India's acute second wave weighed heavily on growth through the middle of 2021, delaying its economic recovery, the Treasury said in a semi-annual report
The report basis its optimism on the rising corporate revenue and profit and the growing bank credit coupled with ample liquidity in the system