New Delhi/IBNS: Economic activity in India continues to be on its dynamic and positive path, albeit at a moderated pace.
India all set to rank among the fastest-growing economies until 2030, says Goldman Sachs
New Delhi/IBNS: India is on track to be one of the fastest-growing economies in the medium term, according to a recent report by international brokerage firm Goldman Sachs.
India surpasses China in world's largest investable stock index
New Delhi/IBNS: India has surpassed China in its weighting within one of the world’s largest stock market benchmarks, as increased share sales and liquidity make Indian companies more accessible to global investors, reports Financial Times.
Singapore/IBNS: Even as consumer price index (CPI) inflation has softened to the 2-6 percent tolerance band, there is still a ‘distance to cover’, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday (Sept. 13), signaling the central bank is in no hurry to cut interest rates despite the inflation dip in the world’s fastest-growing major economy.
New Delhi/IBNS: Amid global geo-political uncertainties, Indian economy has remained resilient, but the outlook seems softer due to moderation in a couple of high-frequency indicators, according to the Monthly Economic Review for August released by the National Council of Applied Economic Research (NCAER), India's oldest and largest independent, non-profit, economic policy research think tank.
New Delhi/IBNS: The Indian Ministry of Finance on Friday exuded confidence about the country's economic resilience, amid global conflicts and commodity price spikes, reports said.
India likely to have 100 million affluent citizens by 2027: Reports
India's affluent class may soon nearly double to touch 100 million people by 2027, as per a report by Goldman Sachs Group Inc.
Mumbai: The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Friday announced it will maintain the repo rate at 6.5 percent for the fourth consecutive time.
Indian core industries' output up 6.8 pc in March
New Delhi/UNI: Eight infrastructure sectors posted 6.8 per cent growth in March, compared to a year ago, data released by the industry ministry on Friday showed.
Indian Economy: Eight Core Industries growth for May decline by 23.4 pc
New Delhi/UNI: The growth rate of Index of Eight Core Industries for May contracted by 23.4 per cent compared to decline of 37 per cent in the previous month, the government said on Tuesday.
Financial vaccine would revive lives at the bottom of the pyramid: ASSOCHAM president Dr Hiranandani
New Delhi/IBNS: The COVID infected economy got the second dose from the finance ministry and would boost the immunity of some of the most underprivileged sections of the society that is the farmers, labourers, street vendors and the tribals, stated Dr Niranjan Hiranandani, President, ASSOCHAM.
India's growth to remain in 7-7.5% range in next few years: PM advisory panel says
New Delhi, Jan 25 (IBNS): The growth is expected to be in the 7-7.5% range in the next few years, said the Economic Advisory Council to the Prime Minister said on Friday.
India will accelerate to 7.3 percent in FY 2018/19: World Bank
Washington, Jan 9 (IBNS): The World Bank on Tuesday projected that India will accelerate to 7.3 percent in FY 2018/19.
India's retail inflation in May inches close to 5 pct mark
New Delhi, June 12 (IBNS): India's retail inflation rate has touched a four-month high of 4.87% in May, revealed a government data released on Tuesday.
India's economy slowed down in 2016-17: Arun Jaitley tells Parliament
New Delhi, Dec 29 (IBNS): Union Finance Minister Arun Jaitley on Friday said India's economy slowed down in the 2016-17 session.