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Moody’s forecasts 7.2 per cent GDP growth for India

Moody’s forecasts 7.2 per cent GDP growth for India

India’s real GDP expanded 6.7 per cent year-over-year in the second quarter of 2024

16 November,2024 07:34 AM IST | New Delhi | Agencies
WPI inflation rises to four-month high

WPI inflation rises to four-month high

Inflation in potato and onion remained high at 78.73 per cent and 39.25 per cent, respectively, in October

15 November,2024 07:41 AM IST | New Delhi | Agencies
Rate cut unlikely in February, inflation expected to ease in January

Rate cut unlikely in February, inflation expected to ease in January

SBI Research has stated that a rate cut by the RBI is unlikely in February 2025 due to persistent inflation. While inflation is expected to ease slightly from January, it will mainly be driven by base effects, not a significant reduction in price pressures.

13 November,2024 09:25 AM IST | New Delhi
India aims to exceed USD 100 billion trade with Russia before 2030: EAM

India aims to exceed USD 100 billion trade with Russia before 2030: EAM

India is confident of reaching USD 100 billion in annual trade with Russia well ahead of the 2030 target, says External Affairs Minister S. Jaishankar, highlighting progress in economic collaboration

12 November,2024 02:39 PM IST | New Delhi
Bank of Baroda forecasts India’s Q2 FY25 GDP growth at 6.9%, up from 6.7% in Q1

Bank of Baroda forecasts India’s Q2 FY25 GDP growth at 6.9%, up from 6.7% in Q1

Bank of Baroda projects India’s GDP growth at 6.9 percent for Q2 FY25, citing strong domestic demand and positive economic indicators. The festive season and increased government spending are expected to support sustained growth, though inflationary pressures may affect future policy decisions.

12 November,2024 12:37 PM IST | New Delhi
Continuous sell-off by foreign investors may pressure India's balance of payment

Continuous sell-off by foreign investors may pressure India's balance of payment

A report by DSP Asset Managers warns that a combined sell-off by foreign investors and rising crude oil prices could put significant pressure on India's Balance of Payments, which may lead to economic instability.

12 November,2024 10:32 AM IST | New Delhi
Rupee falls to all-time low of 84.40 against US dollar in early trade

Rupee falls to all-time low of 84.40 against US dollar in early trade

The Indian rupee fell by 2 paise to 84.40 against the US dollar, marking a new all-time low in early trade on Tuesday. Persistent foreign fund outflows and a stronger US dollar continue to pressure the currency.

12 November,2024 10:12 AM IST | Mumbai
India to become USD 35 trillion economy in 25 years, says Piyush Goyal

India to become USD 35 trillion economy in 25 years, says Piyush Goyal

Commerce and Industry Minister Piyush Goyal said that India moved from the “fragile five” economy in 2014, when the BJP-led NDA came to power at the Centre

08 November,2024 04:53 PM IST | Panaji, Goa | mid-day online correspondent
Report: India may gain from Trump’s higher tariffs on China

Report: India may gain from Trump’s higher tariffs on China

According to a Phillip Capital report, India could gain from Trump’s higher tariffs on China despite challenges such as tougher immigration policies, as the “China+1” strategy opens new trade avenues for India.

08 November,2024 01:12 PM IST | New Delhi
Despite FII outflows, total investment in India remains at USD 18.24 billion

Despite FII outflows, total investment in India remains at USD 18.24 billion

Foreign institutional investors (FII) withdrew significant amounts from India on November 8, 2024, yet total FII investment for the year remains strong at USD 18.24 billion, according to an SBI report. The report highlights the country’s robust economic growth and market conditions amidst global challenges.

08 November,2024 11:48 AM IST | Mumbai

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