Don’t miss the latest developments in business and finance.

Economy Growth Forecast

The multilateral funding agency also revised downwards its forecast for the next financial year (FY26) to 7 per cent from 7.2 per cent estimated earlier

Updated On: 11 Dec 2024 | 11:54 PM IST

Tariffs could impede global trade, hamper growth in exporting nations, and potentially raise inflation in the United States, forcing the US Federal Reserve to tighten monetary policy, despite

Updated On: 19 Nov 2024 | 2:15 PM IST

S&P Global now expects its 2024 adjusted earnings per share between $15.10 and $15.30, compared with the prior view of $14.35 to $14.60

Updated On: 24 Oct 2024 | 6:49 PM IST

IMF Asia Pacific Department Director Krishna Srinivasan suggested that India's reform priorities should be in three areas: Jobs, existing trade barriers, and infrastructure sector

Updated On: 23 Oct 2024 | 1:55 PM IST

For India, the October outlook projects a headline inflation figure of 4.4 per cent for FY25 and 4.1 per cent for FY26

Updated On: 23 Oct 2024 | 12:03 AM IST

In September, the financial hub of Shanghai was brought to a standstill by Typhoon Bebinca, the most powerful tropical cyclone to directly hit the city in 70 years. Earlier that month, Super Typhoon

Updated On: 22 Oct 2024 | 1:35 PM IST

Data showed US retail sales rose 0.4 per cent last month, above the 0.3 per cent estimate of economists polled by Reuters, and after an unrevised 0.1 per cent gain in August

Updated On: 18 Oct 2024 | 9:57 AM IST

Food inflation, which accounts for nearly half of the consumption basket, rose to 9.24 per cent in September, compared to 5.66% a month prior

Updated On: 15 Oct 2024 | 11:55 AM IST

The IMF's latest Fiscal Monitor report showed global public debt will reach 93 per cent of global gross domestic product by the end of 2024 and approach 100 per cent by 2030.

Updated On: 15 Oct 2024 | 10:38 AM IST

Gross domestic product will rise 1.1 per cent, according to updated figures on the ministry's official website, down from the previous figure of 1.9 per cent

Updated On: 09 Sep 2024 | 5:22 PM IST

Slowdown in key drivers due to LS polls and high base effect: Analysts

Updated On: 25 Aug 2024 | 11:42 PM IST

Numbers are 40 per cent lower than the number of overall investor accounts

Updated On: 22 Jul 2024 | 3:15 PM IST

For FY26 and FY27, S&P projected India's economy to grow at 6.9 per cent and 7 per cent, respectively

Updated On: 24 Jun 2024 | 11:10 PM IST

The Indian economy grew at an impressive rate of 8.2 per cent in FY24, driven by a stronger-than-expected expansion of 7.8 per cent in the fourth quarter

Updated On: 18 Jun 2024 | 11:42 PM IST

Merchandise imports in the same month rose 7.7 per cent year-on-year to $61.91 billion - widening the trade deficit to $23.78 billion

Updated On: 14 Jun 2024 | 3:03 PM IST

BOJ will continue to buy government bonds at the current pace of roughly 6 trillion yen ($38 billion) per month for now

Updated On: 14 Jun 2024 | 1:44 PM IST

India Inc welcomed the Reserve Bank's move to raise the growth outlook for FY25 and stated that it expects the Reserve Bank to reduce the key repo rate when inflation stabilises within its target band. The Reserve Bank, which has been mandated to ensure inflation remains at 4 per cent (with a margin of 2 per cent on either side), mainly factors in CPI while arriving at its monetary policy. It left the key interest rate unchanged as widely expected, keeping the focus on inflation amid robust economic growth that is likely to provide the new Modi government headroom for manoeuvring reforms. The central bank also retained its projection for retail inflation at 4.5 per cent for the current fiscal assuming a normal monsoon, while emphasising that uncertainties related to food price outlook warrant a close monitoring. Consumer Price Index (CPI)-based retail inflation has been projected at 4.5 per cent with quarter-wise projections at 4.9 per cent in Q1 (April-June), 3.8 per cent in Q2, 4

Updated On: 07 Jun 2024 | 4:14 PM IST

RBI Monetary Policy Committee meeting LIVE updates: Economists expect the central bank to maintain the repo rate at 6.5 per cent for the eighth consecutive time

Updated On: 07 Jun 2024 | 9:05 AM IST

Robust demand was supported by new business in the services industry, which grew at the fastest pace since January, as well as rising manufacturing output and new orders

Updated On: 23 May 2024 | 10:56 AM IST

Meanwhile, the agency also noted that private consumption has been less vigorous, confirming the preliminary findings from the latest household consumption expenditure survey

Updated On: 02 May 2024 | 10:18 PM IST