Red Sea crisis likely to dent India’s growth forecast, says BMI a unit of Fitch Group
NEW YORK : Amid rising hostilities in the Red Sea due to Houthi attacks, Fitch Group said South Asian economies would be most affected. They will experience the largest relative increase in maritime trade
Indian Economy to grow at 7% in FY25, inflation to ease further : RBI Governor at WEF 2024
DAVOS : The Reserve Bank of India (RBI) Governor Shaktikanta Das on January 17 said that the Indian Economy is likely to grow 7 percent in the next financial year 2024-25. “The government for
Vibrant Gujarat Global Summit sees billion-dollar pledges: From Tata’s semiconductor fab to new Maruti plant
GANDHINAGAR : The 10th Vibrant Gujarat Global Summit, which commenced on January 10, witnessed a flurry of investment pledges and announcements across various sectors. Tata Group, led by Chairman N Chandrasekaran, disclosed plans to
India’s growth to remain robust in 2025: World Bank
NEW DELHI : World Bank on Tuesday said growth in Indian economy is expected to remain strong during next financial year, driven by robust investment and services activity. Against its projection of 6.3% expansion in 2023, the
Indian Economy outperforming peers, projected to grow at 6.2% in 2024: UN
NEW YORK : The UN World Economic Situation and Prospects (WESP) 2024 report, launched here on Thursday, said that gross domestic product in South Asia is projected to increase by 5.2 per cent in
India to become $4 trillion economy before 2024 elections: Piyush Goyal
NEW DELHI : India will become a $4 trillion economy before the upcoming general elections, Commerce & Industry Minister Shri Piyush Goyal said on January 3. “…And in 2-2.5 years, the country will become
Government says IMF debt warning a worst case scenario
NEW DELHI : The Indian Government said on Friday a warning from the International Monetary Fund (IMF) that the country’s debt to GDP ratio could hit 100 per cent was a worst-case scenario, and
India one of the fastest-growing major economies globally this year, about to contribute more than 16% of global growth : IMF
NEW DELHI : The IMF released its annual Article IV consultation with India on Monday, noting the country’s status as one of the fastest-growing major economies globally this year, thanks to prudent macroeconomic policies.