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  • Sensex, Nifty jump 1%: Here's a look at key factors driving the bull run Aug 11, 2022 11:26 AM IST

    Sensex, Nifty jump 1%: Here's a look at key factors driving the bull run

    In July, equity benchmarks Sensex and Nifty advanced nearly 8.5 percent each, while in August so far they have gained 3.2 percent individually

  • The economy is not the market: We invest in stocks, not the GDP Aug 11, 2022 09:09 AM IST

    The economy is not the market: We invest in stocks, not the GDP

    In times of extreme stress in the economy, the sentiments bend the markets towards the point of the economic cycle. But soon enough we see that markets start playing their role of being complex adaptive mechanisms that are forward looking

  • Reckitt contributes Rs 7,880 crore to India's GDP in 2021, says Oxford Economics Aug 08, 2022 04:52 PM IST

    Reckitt contributes Rs 7,880 crore to India's GDP in 2021, says Oxford Economics

    India is among the top three markets for Reckitt, earlier known as Reckitt Benckiser, and owns popular household brands such as Dettol, Lysol, Harpic, Durex, Veet and Strepsils.

  • Ukraine faces key test on debt freeze plan in bid to avoid messy default Aug 08, 2022 12:15 PM IST

    Ukraine faces key test on debt freeze plan in bid to avoid messy default

    Bondholders have until 5 p.m. New York time (2100 GMT) on Tuesday to decide whether to back or vote down the proposal by Ukraine’s government, which faces a $5 billion monthly financing gap and liquidity pressures following Russia’s invasion on Feb. 24. Time is precious: the country has a $1 billion bond maturing on Sept. 1

  • RBI Monetary Policy: FY23 GDP growth forecast retained at 7.2% Aug 05, 2022 10:38 AM IST

    RBI Monetary Policy: FY23 GDP growth forecast retained at 7.2%

    While high-frequency indicators suggest improvement in urban demand, the picture for rural demand is mixed.

  • RBI policy: MPC hikes repo rate by 50 bps, takes policy rate back to pre-pandemic levels Aug 05, 2022 10:06 AM IST

    RBI policy: MPC hikes repo rate by 50 bps, takes policy rate back to pre-pandemic levels

    The hike came largely on expected lines as the RBI continues on a warpath against high inflation

  • Chinese leaders say GDP goal is guidance, not a hard target Aug 02, 2022 11:04 AM IST

    Chinese leaders say GDP goal is guidance, not a hard target

    Leaders held meetings with ministerial and provincial-level officials last week, during which they were told the target won’t be used to evaluate their performance and there won’t be penalties for failing to achieve it, according to the people, who asked not to be identified because they were not authorized to discuss the matter publicly.

  • US exports, business spending may salvage second-quarter GDP Jul 28, 2022 07:16 AM IST

    US exports, business spending may salvage second-quarter GDP

    The better-than-expected reports from the Commerce Department on Wednesday left economists scrambling to upgrade their gross domestic product estimates for the last quarter, which had ranged from negative to barely growing.

  • IMF cuts India's FY23 growth forecast by 80 bps to 7.4% Jul 26, 2022 06:30 PM IST

    IMF cuts India's FY23 growth forecast by 80 bps to 7.4%

    The multilateral agency's latest forecast is only marginally higher than that of the Reserve Bank of India. Economists, however, see the risk of India's growth slipping below 7 percent this fiscal

  • India will be lucky if GDP grows by 6% in FY23, says Pronab Sen Jul 25, 2022 08:52 AM IST

    India will be lucky if GDP grows by 6% in FY23, says Pronab Sen

    According to Pronab Sen, India’s former chief statistician, the government must ensure fiscal support to ensure the economy does not tip over into a slowdown at a time when the RBI is applying brakes to curb red hot inflation.

  • FICCI lowers India's FY23 growth estimate to 7% due to global crisis, inflation Jul 21, 2022 11:48 AM IST

    FICCI lowers India's FY23 growth estimate to 7% due to global crisis, inflation

    FICCI survey says need balance between fiscal and monetary policy imperative to manage price levels

  • Ukraine war, higher rates to limit growth in developing Asia - ADB Jul 21, 2022 07:20 AM IST

    Ukraine war, higher rates to limit growth in developing Asia - ADB

    Downgrading its 2022 forecast for a third time, the ADB said it now expects the bloc's combined economy, which includes China and India, to expand 4.6 per cent, slower than its 5.2 per cent projection in April.

  • RBI may shift focus to growth as inflation eases; no magic wand for rupee: SocGen’s Kundu Jul 19, 2022 11:38 AM IST

    RBI may shift focus to growth as inflation eases; no magic wand for rupee: SocGen’s Kundu

    There has to be a trade-off the central bank has to look at and hence re-focus on growth once inflation provides some semblance of control, Kunal Kumar Kundu has said

  • India to grow above 7% in FY23 despite headwinds, junior finance minister says Jul 18, 2022 01:25 PM IST

    India to grow above 7% in FY23 despite headwinds, junior finance minister says

    The growth momentum is expected to continue in 2022-23 as well as seen in several high frequency indicators, the minister of state for finance said

  • Morgan Stanley lowers India's GDP growth forecast to 7.2% as global economy staggers Jul 18, 2022 12:22 PM IST

    Morgan Stanley lowers India's GDP growth forecast to 7.2% as global economy staggers

    The analytics firm expects India's CPI inflation to average 6.5 percent as against 7 percent earlier in this fiscal year and retains the CPI estimate at 5.3 percent for the next fiscal

  • China growth slumps to 0.4% in Q2: Official Jul 15, 2022 07:47 AM IST

    China growth slumps to 0.4% in Q2: Official

    The world's second-biggest economy grew 0.4 percent in the April to June period, the National Bureau of Statistics (NBS) said, piling pressure on the Communist Party's leadership as it gears up for its 20th Congress, when President Xi Jinping is expected to be handed another five-year term.

  • Formation of large mining conglomerate to enhance capacity, boost GDP: Hindustan Copper CMD Jul 14, 2022 01:14 PM IST

    Formation of large mining conglomerate to enhance capacity, boost GDP: Hindustan Copper CMD

    Shukla suggested this to the government at a round-table discussion held during the 6th National Conclave on Mines and Minerals.

  • Nomura lowers India 2023 growth forecast by 70 basis points to 4.7% Jul 13, 2022 12:28 PM IST

    Nomura lowers India 2023 growth forecast by 70 basis points to 4.7%

    “We see rising medium-term growth headwinds from higher inflation, monetary policy tightening, dormant private capex growth and, most importantly, global growth slowdown.”

  • Explained | The A-Z of Inflation: 10 key terms you must know Jun 29, 2022 06:30 PM IST

    Explained | The A-Z of Inflation: 10 key terms you must know

    Ever wondered what lies beneath the headlines on growth or inflation numbers, and the jargon associated with the two most important macroeconomic indicators? Want to understand how can an economic recovery be described by letters of the alphabet? If such questions leave you scratching your head, then this ready-reckoner is all you need! Watch the video to learn about the terms key to understanding the economic turmoil prevailing in India and the world.

  • Indian economy to grow by 7-7.8% in FY23 despite global headwinds: Experts Jun 23, 2022 04:36 PM IST

    Indian economy to grow by 7-7.8% in FY23 despite global headwinds: Experts

    Eminent experts predicted that this fiscal year, despite global headwinds mostly brought on by the ongoing Russia-Ukraine war, the Indian economy might grow by 7–7.8% on the strength of improved agricultural production and a revived rural sector.

  • Indian economy expected to grow by 7.5% this year: PM Narendra Modi Jun 22, 2022 09:28 PM IST

    Indian economy expected to grow by 7.5% this year: PM Narendra Modi

    According to Prime Minister Narendra Modi, the Indian economy will grow by 7.5% this year, making it the major country with the quickest rate of growth.

  • Guwahati hotel turns into fortress for dissident Shiv Sena MLAs Jun 22, 2022 08:31 PM IST

    Guwahati hotel turns into fortress for dissident Shiv Sena MLAs

    After arriving in the city on Wednesday morning, a group of dissident Shiv Sena MLAs from Maharashtra set up camp at a Guwahati hotel, turning it into an impenetrable fortress.

  • Indian economy on path to recovery despite global headwinds, says RBI Jun 16, 2022 06:44 PM IST

    Indian economy on path to recovery despite global headwinds, says RBI

    ”Domestic economic activity has been gaining traction in spite of formidable headwinds from external developments,” the Reserve Bank of India said in its monthly bulletin published on Thursday.

  • Moneycontrol Selects: Top stories this evening Jun 15, 2022 07:15 PM IST

    Moneycontrol Selects: Top stories this evening

    Our specially curated package of the most interesting articles of the day will help you stay at the top of your game.

  • Growth of 7–7.5% this year not bad, inflation could persist: EAC-PM chairman Jun 15, 2022 04:21 PM IST

    Growth of 7–7.5% this year not bad, inflation could persist: EAC-PM chairman

    It would be unrealistic to expect real GDP growth rates of 9 percent unless exports pick up substantially, which could be an issue as the external demand situation is not as rosy as it might have been, Bibek Debroy said.

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