[ad_1] By Ruchi Bhatia India’s move to cut cooking gas prices could soften inflation and shift focus toward a reduction in gasoline and diesel prices ahead […]
Fed’s Powell says higher rates may be needed, will move ‘carefully’
[ad_1] By Howard Schneider and Ann Saphir The Federal Reserve may need to raise interest rates further to ensure inflation is contained, Fed Chair Jerome Powell […]
Moody’s affirms India’s sovereign ratings, retains stable outlook
[ad_1] Moody’s Investors Service has affirmed India’s long-term local and foreign-currency issuer ratings at Baa3 and retained a stable outlook, the agency said in a statement on […]
Indian economy may grow by average 6.7% till FY31, says S&P Global
[ad_1] Expressing confidence in the medium-term growth potential of the Indian economy, S&P Global on Thursday projected an average annual growth of 6.7 per cent from the […]
July Services PMI rises most rise since June 2010 on robust global demand
[ad_1] India’s services sector growth jumped to its highest pace in over thirteen years in July, according to a private survey. According to S&P Global, India’s […]
India manufacturing PMI softens in July to three-month low: S&P Global
[ad_1] Indian manufacturing continued to maintain strong growth momentum at the start of the third quarter amid ongoing buoyant demand, even as the Purchasing Managers’ Index (PMI) […]
Wave of bankruptcies threatens global economy
[ad_1] By Jeremy Hill and Lucca De Paoli Richard Cooper’s phone is something of an early alarm bell for the global economy. Lately, it’s been ringing […]
Services PMI growth declines to three-month low of 58.5 as inflation weighs
[ad_1] Growth in India’s dominant services sector declined in June as inflationary pressures intensified in both input costs and output charges, said a private survey on Wednesday. […]
TVS expects growth momentum to continue this fiscal, economy likely to grow
[ad_1] TVS Motor Company expects growth momentum to continue in the current fiscal, with the overall economy anticipated to grow at a robust pace and a continuous […]
Centre’s fiscal deficit at 11.8% of FY24 Budget target, shows CGA data
[ad_1] The central government’s fiscal deficit narrowed to 11.8 per cent of the FY24 target of Rs. 17.87 trillion at the end of May against 12.3 per […]