[ad_1] The International Monetary Fund (IMF) on Tuesday raised the FY24 growth forecast for India by 20 basis points to 6.1 per cent, citing the country’s stronger-than-expected […]
India will be shielded from risks of global slowdown: World Bank President
[ad_1] Amidst risk of a global slowdown in the early part of next year, India is expected to remain shielded from its effects due to robust domestic […]
CPI-based inflation rose to 4.81%, food inflation to 4.49% in June
[ad_1] India’s retail inflation rose to 4.81 per cent in June from 4.31 per cent in May, data released by the Ministry of Statistics and Programme Implementation […]
India could become a magnet for foreign direct investment: Martin Wolf
[ad_1] India’s unique position in the world can also allow it to take the lead and mobilise other countries, especially in the Global South, to hunt for […]
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 […]
India’s trade deficit rises to $22.12 bn in May, highest since Dec 2022
[ad_1] India-China trade at $135.98 bn in 2022. Trade deficit crosses $100 bn mark Trade deficit hits 1-year low at $17.75 billion; exports, imports contract Gems and jewellery […]
Retail inflation eases to 4.25% in May; April IIP rises sharply to 4.2%
[ad_1] India’s consumer price index (CPI)-based inflation fell to 4.25 per cent in May, data from the Ministry of Statistics and Programme Implementation (MoSPI) showed on Monday. In […]
India’s GDP growth for FY23 likely to be over 7.2%, says CEA Nageswaran
[ad_1] Chief Economic Advisor V Anantha Nageswaran on Saturday expressed confidence that India’s GDP growth in FY23 may come in higher than 7.2 per cent once finalised in […]
Inflation may inch down in May-June, indicates Monetary Policy Committee
[ad_1] Retail price inflation may inch down slightly in May and June or remain flat in one of the months compared to 4.7 per cent in April, if […]