India growth

The Reserve Bank of India hiked its key repo rate by 25 basis points on Wednesday but left the door open for more tightening, saying core inflationremained high.“The stickiness of core or underlying inflation is a matter of concern. We…

Finance Minister Nirmala Sitharaman presented the Union Budget 2023-24 announcing a slew of measures including the revision of income tax slabs, lab development, facilitating inclusive growth, reduction of certain customs duty, and the…

Last Updated: February 02, 2023, 21:12 ISTNageswaran said states are absorbing 80% of interest-free loans based on revised estimates. (Photo: News18)The CEA said that the government is aware there has to be Good & Services Tax (GST) 2.0…

NEW DELHI: India's economic growth is now 'extremely fragile' and needs all the support that it can get, as private consumption and capital investment are yet to pick up, RBI Monetary Policy Committee (MPC) member Jayanth R Varma said on…

MUMBAI: India is growing faster than what is captured by the country’s official data, and it presents a case for an upgrade of equities outlook, Credit Suisse said on Thursday. Upgrading Indian equities to ‘benchmark’ from ‘underweight’,…

India's economy likely grew 6.2-7.2% in the September quarter from a year earlier, according to a survey of economists, lifted by a pick-up in services and government capital spending as well as high pre-festive season production. The…

NEW DELHI: India's growth is likely to slow in the next two years as global slowdown has already begun to impact India's exportsand industrial activity. According to an analysis by Crisil Ratings, India's GDP growth will slow to 7% in…

MUMBAI: Goldman Sachs expects India's economic growth to slow to 5.9% next year, from an estimated 6.9% growth in 2022, as the boost from the post-Covid reopening fades and monetary tightening weighs on domestic demand. "We expect growth to…

India's services sector activities witnessed an upturn in October on the back of stronger gains in new business and increased hiring amid strengthening demand, a monthly survey said on Thursday.The seasonally adjusted S&P Global India…

WASHINGTON: Finance minister Nirmala Sitharaman has exuded confidence that India will come out of the current global turmoiland move on the path of sustained recovery on the back of rapid digitisation and steps taken by the government. She…