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Business Monitor International (BMI) said the currently low level of short-term interest rates following the RBI’s 125 bps rate cut during 2025 will support the economy through the ongoing energy crisis. File | Photo Credit: Getty Images “India’s Gross Domestic Product (GDP) is likely to grow at 6.6% in the current fiscal as compared to…
New Delhi: India’s economic growth is poised to rebound as domestic demand regains strength, though the stickiness in food inflation warrants careful monitoring, the latest RBI Bulletin released on Friday said. An article on the ‘State of the Economy’ published in the January Bulletin also noted that the economic outlook for 2025 is divergent across…
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India’s July-September growth slides: what options does RBI have? | Business Matters | Video Credit: The Hindu Economic growth fell sharply to 5.4% for the quarter ended September. The important question is, what next? Are we looking at a prolonged slowdown? And as importantly, will the Reserve Bank cut rates, something that observers have been…
Image used for representative purpose only | Photo Credit: Getty Images/iStockphoto S&P Global Ratings on Monday (November 25, 2024) revised down its estimate for India’s economic growth in the next two financial years as high interest rate and lower fiscal impulse temper urban demand. In an update to its economic forecast for Asia-Pacific economies after…
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Union Minister Dharmendra Pradhan. File | Photo Credit: PTI “Though several developed economies suffered badly owing to the COVID crisis, India continued to grow at 7-8% during the last 10 years,” Union Minister Dharmendra Pradhan said on Friday (November 15, 2024.) In his keynote address at the Indian School of Business (ISB) in Hyderabad, Mr….
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New Delhi: Prime Minister Narendra Modi today said this is the right time to join India’s growth story, as German Chancellor Olaf Scholz met the Prime Minister in the national capital with a business delegation. Addressing the 18th Asia-Pacific Conference of German Business 2024, PM Modi said the time is ripe for foreign investors to…
New Delhi: India’s goal of becoming a $35 trillion economy by 2047 hinges on regional stability, said Ajay Bisaria, Former High Commissioner of India to Pakistan. Speaking about India’s stake in West Asian affairs at the NDTV World Summit, Mr Bisaria argued that India’s role in promoting peace is crucial to mitigating risks to its…
Read More “West Asia Crisis Impacts India’s Goal To Be $35 Trillion Economy By 2047: Ex-Envoy” »
New Delhi: India’s goal of becoming a $35 trillion economy by 2047 hinges on regional stability, said Ajay Bisaria, Former High Commissioner of India to Pakistan. Speaking about India’s stake in West Asian affairs at the NDTV World Summit, Mr Bisaria argued that India’s role in promoting peace is crucial to mitigating risks to its…
Read More “West Asia Crisis Impacts India’s Goal To Be $35 Trillion Economy By 2047: Ex-Envoy” »
Union Finance Minister Nirmala Sitharaman addresses the third edition of Kautilya Economic Conclave. October 4, 2024 | Photo Credit: PTI Finance Minister Nirmala Sitharaman on Friday (October 4, 2024) said India would achieve near doubling of per capita income in the next five years and witness the steepest rise in living standard of the common…
A report by the SBI called for more reforms in the banking sector in India. File | Photo Credit: Reuterss As the Central government prepares for the Union Budget presentation on July 23, a research report by the State Bank of India (SBI) has highlighted crucial areas that need attention to drive sustainable economic growth…