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Saturday, January 18, 2025 | 10:36 PM ISTEN Hindi

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Economy

NITI Aayog member revises FY25 GDP growth projection for India to 6.5-7%

Virmani, who had earlier predicted a GDP growth in the range of 6.5-7.5 per cent, adjusted the projection to 6.5-7 per cent now with high probability of it being sub-7 per cent

NITI Aayog member revises FY25 GDP growth projection for India to 6.5-7%
Updated On : 18 Jan 2025 | 4:58 PM IST

IMF downgrades Pakistan's GDP growth outlook for 2025 from 3.2% to 3%

The latest downgrade reflects ongoing economic challenges in the country, although the IMF did not provide specific reasons for the revision

IMF downgrades Pakistan's GDP growth outlook for 2025 from 3.2% to 3%
Updated On : 18 Jan 2025 | 4:18 PM IST

Decoded: Real vs nominal GDP - Key differences and which is more reliable

These two metrics, while similar on the surface, provide different perspectives on economic health and growth trends

Decoded: Real vs nominal GDP - Key differences and which is more reliable
Updated On : 18 Jan 2025 | 3:00 PM IST

US sanction clarifications a tight squeeze for India's Feb oil supplies

Cargoes must be loaded before Jan 10 to evade sanction laws: Treasury Dept

US sanction clarifications a tight squeeze for India's Feb oil supplies
Updated On : 18 Jan 2025 | 12:44 AM IST

US restrictions on exports of AI chips likely to hurt India by 2027

Under the proposed rules, 18 countries -- including close US allies such as the UK, Canada, Germany, Japan, and South Korea -- will enjoy unrestricted access to chips for verified companies

US restrictions on exports of AI chips likely to hurt India by 2027
Updated On : 18 Jan 2025 | 12:13 AM IST

Growth set to rebound, food inflation needs monitoring: RBI report

Banks reluctant to lend in money markets amid tight liquidity conditions

Growth set to rebound, food inflation needs monitoring: RBI report
Updated On : 17 Jan 2025 | 11:53 PM IST

IMF retains India's economic growth outlook for FY26 and FY27 at 6.5%

"Growth in India had slowed more than expected, led by a sharper-than-expected deceleration in industrial activity"

IMF retains India's economic growth outlook for FY26 and FY27 at 6.5%
Updated On : 17 Jan 2025 | 11:51 PM IST

Trade game: Exports to China saw sharpest fall in December, shows data

India's shipments to 4 of top 10 destinations declined

Trade game: Exports to China saw sharpest fall in December, shows data
Updated On : 17 Jan 2025 | 11:42 PM IST

Cabinet approves Rs 11,440 crore revival package for debt-hit RINL

Union minister of information and broadcasting Ashwini Vaishnaw said that with this revival package, many of the legacy problems that RINL used to face will be resolved

Cabinet approves Rs 11,440 crore revival package for debt-hit RINL
Updated On : 17 Jan 2025 | 10:52 PM IST

India-EU FTA negotiations a tough nut to crack as key issues unresolved

A major hurdles in the way of talks has been EU's stance on sustainable development, since trade bloc is set to implement regulations such as CBAM, deforestation regulation law, and supply chain law

India-EU FTA negotiations a tough nut to crack as key issues unresolved
Updated On : 17 Jan 2025 | 10:23 PM IST

Explained: What is fiscal deficit and what it means for economic stability

As of January 2025, India's fiscal deficit for FY25 is projected at 4.9 per cent of GDP, amounting to approximately Rs 16.1 trillion

Explained: What is fiscal deficit and what it means for economic stability
Updated On : 17 Jan 2025 | 8:30 PM IST

India's forex reserves fall $8.7 billion to $626 billion, hit 10-month low

Foreign currency assets fell by $9.5 billion, while the value of gold reserves went up by $792 million

India's forex reserves fall $8.7 billion to $626 billion, hit 10-month low
Updated On : 17 Jan 2025 | 6:56 PM IST

Economic growth poised to rebound as demand regains strength: RBI Bulletin

RBI Bulletin said, the headline inflation eased for the second successive month in December, although the stickiness in food inflation warrants careful monitoring of second order effects

Economic growth poised to rebound as demand regains strength: RBI Bulletin
Updated On : 17 Jan 2025 | 6:21 PM IST

Indore SEZ exports drop by 6.5% due to lower pharmaceutical orders

The official said that 59 plants in different sectors including medicine, packaging material, engineering, textile manufacturing and food processing are running in Indore SEZ spread over 572 hectares

Indore SEZ exports drop by 6.5% due to lower pharmaceutical orders
Updated On : 17 Jan 2025 | 6:12 PM IST

India's forex reserves drop by $8.714 billion to $625.871 billion

For the week ended January 10, foreign currency assets, a major component of the reserves, decreased by $ 9.469 billion to $ 536.011 billion, the data released on Friday showed

India's forex reserves drop by $8.714 billion to $625.871 billion
Updated On : 17 Jan 2025 | 5:31 PM IST

Weaker rupee to inflate import bill due to crude oil rate surge: GTRI

In the last ten years, between January 2015 and 2025, the INR has weakened by 41.3 per cent against the US dollar, falling from Rs 61.4 to Rs 86.7, the Global Trade Research Initiative (GTRI) said

Weaker rupee to inflate import bill due to crude oil rate surge: GTRI
Updated On : 17 Jan 2025 | 4:58 PM IST

Rupee ends weaker, logs worst week in 18 months on foreign outflows

The rupee's depreciation bias is likely to persist next week, with the focus squarely on any policy changes announced by Trump, especially about trade tariffs, said Dilip Parmar, a foreign exchanger

Rupee ends weaker, logs worst week in 18 months on foreign outflows
Updated On : 17 Jan 2025 | 4:34 PM IST

India's $4 trillion economy has entered structural slowdown: UBS Group

The deceleration is underpinned by a long-term moderation in credit growth, foreign direct investment, export competitiveness and earnings potential, UBS said

India's $4 trillion economy has entered structural slowdown: UBS Group
Updated On : 17 Jan 2025 | 1:52 PM IST

'Unease' of doing business in India: Bureaucracy pushes factory costs up

Prime Minister Narendra Modi's "Make in India" campaign has also got lost somewhere in the labyrinths of this bureaucratic maze

'Unease' of doing business in India: Bureaucracy pushes factory costs up
Updated On : 17 Jan 2025 | 1:13 PM IST

Weaker rupee to push India's import bill due to higher payments: GTRI

In theory, sectors with low import dependence, like textiles, should gain the most from a weaker rupee, while high-import sectors like electronics should benefit the least

Weaker rupee to push India's import bill due to higher payments: GTRI
Updated On : 17 Jan 2025 | 1:03 PM IST