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India’s debt to GDP ratio to peak at 82.3% in FY25, fall in FY29, says IMF

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India’s debt-to-GDP ratio is projected to peak at 82.3 per cent in FY25, and then it may gradually ease to touch 80.5 per...
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Business

Policy rate unchanged at 6.5%, FY24 inflation forecast retained at 5.4%

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The Reserve Bank of India's (RBI) monetary policy committee (MPC) on Friday announced its decision to continue the repo rate hike pause at...
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Business

Shaktikanta Das to announce MPC decision today at 10 am

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The Reserve Bank of India (RBI) governor Shaktikanta Das will announce the decision of the monetary policy committee (MPC) at 10 a.m. on...
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Business

Former NITI Aayog Vice Chairman

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The Indian economy will grow at around 6.5 per cent in the current fiscal as the country's macroeconomic situation is benefiting from the...
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Business

FinMin retains 6.5% GDP growth estimate for FY24, says ‘outlook bright’

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The Finance Ministry has retained its 6.5 per cent gross domestic product (GDP) growth estimate for Financial Year 2023-24 (FY24), allaying fears of...
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Business

Global debt fell as share of GDP in 2022, may resume rising trend: IMF

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The International Monetary Fund on Wednesday said that the global debt as a share of economic output fell significantly in 2022 for the...
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Business

Confident of meeting fiscal deficit, nominal GDP targets: DEA secy

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The government is confident of meeting the fiscal deficit target of 5.9 per cent of gross domestic product (GDP) and the nominal GDP...
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Business

Beleaguered tycoon, GDP, Ambani children, and Wonderlust

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It feels odd to describe one of the world’s richest and most powerful businessmen as “beleaguered”. But it is not inaccurate right now.   As...
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Business

Indian economy may grow by average 6.7% till FY31, says S&P Global

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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...
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Business

IMF raises India’s FY24 GDP growth forecast by 20 basis points to 6.1%

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The International Monetary Fund (IMF) on Tuesday raised the FY24 growth forecast for India by 20 basis points to 6.1 per cent, citing...
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