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India to grow 7% in FY 25 says RBI Annual Report

India to grow 7% in FY 25 says RBI Annual Report

Mumbai: India’s economy is likely to grow at 7 per cent for 2024-25 with risks evenly balanced, the Reserve Bank of...

30 May 2024 8:48 PM IST

The US economy may be basking in the warm glow of solid growth, but economists are nervously eyeing a trend in the bond market that could spell stormy weather ahead.

India's FDI Equity Inflows Drop 3.49% in 2023-24

India's FDI equity inflows fell to $44.42 billion in 2023-24, down 3.49%, with declines in services, telecom, and pharma...

30 May 2024 6:08 PM IST

The survey, which covered 15 leading developed and emerging economies including India, said the employment outlook is net positive in only five of these countries. (Representational image)

Global Unemployment to Dip to 4.9% in 2024: ILO

Global unemployment will fall to 4.9% in 2024, reports ILO, but inequalities persist. Women in low-income countries face...

29 May 2024 5:52 PM IST

Bank Loan Growth to Moderate in FY25

Bank Loan Growth to Moderate in FY25

Mumbai: Bank loan growth is expected to slow down this year to around 14 per cent from 16 per cent in fiscal 2024 due to...

28 May 2024 10:03 PM IST

wheat imports are still cheaper at the current level of import duty as international prices are sluggish in the wake of abundant global supplies

India's Wheat Procurement Exceeds Last Year’s Record in 2024

Indian Government's wheat procurement for 2024-25 surpasses last year's figures with 262.48 LMT, benefiting over 22.31...

24 May 2024 5:40 PM IST

Cheaper Chinese steel pulls down Indian exports

Cheaper Chinese steel pulls down Indian exports

India's engineering exports fell 3.2% in April due to lower shipments of iron, steel, and copper amid rising Chinese...

23 May 2024 6:51 PM IST

India’s Business Activity Hits 14-Year High in May

India’s Business Activity Hits 14-Year High in May

India's services sector drives robust business growth in May, with PMI at 61.7. Exports and job additions also see...

23 May 2024 6:40 PM IST

With members of the All India Association having met Union minister of state for road transport on Tuesday, issues under the Central government were discussed.

India's Domestic Sectors Boost Fleet Utilization for Road Transport

Fleet operators' revenue to grow 9-11% this fiscal due to domestic demand despite weak exports, improving utilization...

23 May 2024 6:16 PM IST

Revival in Household Savings Likely in FY24, Says Crisil

Revival in Household Savings Likely in FY24, Says Crisil

Mumbai: High inflows in mutual funds and real estate, strong deposit growth, and slower consumption are pointing towards...

21 May 2024 9:42 PM IST

India’s Digital Economy to Hit $1 Trillion by 2028

India’s Digital Economy to Hit $1 Trillion by 2028

Minister Rajeev Chandrasekhar predicts $1 trillion digital economy by 2028, with AI mission value doubling to Rs 20,000...

21 May 2024 5:38 PM IST

WikiLeaks founder Julian Assange during a press conference inside the Ecuadorian Embassy in London. (Photo: AFP)

London court will decide whether to extradite WikiLeaks founder Julian...

London: WikiLeaks founder Julian Assange faces a hearing Monday in the High Court in London that could end with him...

20 May 2024 12:05 PM IST

GDP growth likely to be 6.7 percent in Q4; 7 pc in FY24: Ind-RA

GDP growth likely to be 6.7 percent in Q4; 7 pc in FY24: Ind-RA

New Delhi: India Ratings and Research expects the country's GDP growth rate for the March quarter at 6.7 per cent and...

19 May 2024 4:21 PM IST