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  • Shruti Shibulal's Tamara Leisure expects 3-fold growth this fiscal; looks to expand via acquisitions Sep 25, 2022 05:04 PM IST

    Shruti Shibulal's Tamara Leisure expects 3-fold growth this fiscal; looks to expand via acquisitions

    The company is looking at inorganic expansion through acquisitions across its affordable, midsegment and leisure businesses across India as well as overseas through internal accruals

  • UK finance minister Kwasi Kwarteng unveils measures to boost growth Sep 23, 2022 03:00 PM IST

    UK finance minister Kwasi Kwarteng unveils measures to boost growth

    "Growth is not as high as it needs to be ... We need a new approach for a new era, focused on growth. Our aim, over the medium term, is to reach a trend rate of growth of 2.5%. And our plan is to expand the supply side of the economy through tax incentives and reform."

  • India to grow at 7% for rest of the decade, chief economic advisor says Sep 20, 2022 01:28 PM IST

    India to grow at 7% for rest of the decade, chief economic advisor says

    Nageswaran acknowledged that growth projections had come off those made at the start of 2022, to over 7 percent for current financial year.

  • Mother Dairy expecting 20% revenue growth in FY23 to Rs 15,000 crore Sep 20, 2022 11:51 AM IST

    Mother Dairy expecting 20% revenue growth in FY23 to Rs 15,000 crore

    The turnover of Mother Dairy, which also sells edible oils and fruits & vegetables, stood at Rs 12,500 crore in last fiscal year.

  • Need for eternal macroeconomic vigilance to ensure sustained growth: FinMin report Sep 17, 2022 01:29 PM IST

    Need for eternal macroeconomic vigilance to ensure sustained growth: FinMin report

    The review cautioned that increased focus of advanced economies on energy security in view of upcoming winter months could elevate geopolitical tensions, testing India's astute handling of its energy needs so far.

  • Growth to be sustained, inflation pressures to subside, says finance ministry report Sep 17, 2022 12:18 PM IST

    Growth to be sustained, inflation pressures to subside, says finance ministry report

    The finance ministry is hopeful that robust growth in government revenues will help sustain capital expenditure through the rest of the fiscal year.

  • Starbucks projects profit growth from tech, stores, workers spending Sep 14, 2022 06:36 AM IST

    Starbucks projects profit growth from tech, stores, workers spending

    The company is introducing technology to speed up production of its increasingly popular cold beverages and send digital orders away from busy locations as it seeks to prevent U.S. cafes from being overwhelmed by orders and improve working conditions for employees, it announced during its Investor Day event.

  • Oil prices drop; stocks gain as Treasury yields ease Sep 07, 2022 08:56 PM IST

    Oil prices drop; stocks gain as Treasury yields ease

    Brent crude futures touched their lowest since early February. Earlier, data showed China's export growth slowed in August.

  • India on course to becoming third largest economy by 2030, says Capital Economics Sep 07, 2022 12:41 PM IST

    India on course to becoming third largest economy by 2030, says Capital Economics

    India recently overtook the UK to become the fifth-largest economy at market exchange rates.

  • Fiscal discipline vital but 'necessary stimulus' to continue, says Sitharaman Sep 05, 2022 01:13 PM IST

    Fiscal discipline vital but 'necessary stimulus' to continue, says Sitharaman

    The government is conscious of the government’s glide path for the fiscal deficit as well as the implications of the debt-to-gross domestic getting out of control, the finance minister has said.

  • Inflation will soon be on a downward trajectory in India: RBI Governor Shaktikanta Das Sep 02, 2022 03:29 PM IST

    Inflation will soon be on a downward trajectory in India: RBI Governor Shaktikanta Das

    According to the RBI governor, there will be slight ups and downs in the coming months, but the trajectory will be mostly downward in future.

  • India’s first quarter GDP spike: What’s in store for me? Sep 01, 2022 11:38 AM IST

    India’s first quarter GDP spike: What’s in store for me?

    On what drove GDP growth, whether the economy is out of the woods and what the numbers mean for RBI policy.

  • Manufacturing PMI edges down to 56.2 in August, but inflation concerns ease Sep 01, 2022 10:37 AM IST

    Manufacturing PMI edges down to 56.2 in August, but inflation concerns ease

    At 56.2, India's manufacturing PMI for August has come in above 50 for the 14th month in a row

  • GDP | Private consumption up 26% in Q1, downward revision seen in FY23 growth forecast Sep 01, 2022 09:23 AM IST

    GDP | Private consumption up 26% in Q1, downward revision seen in FY23 growth forecast

    Economists expect that RBI may have to lower its FY23 GDP growth forecast of 7.2 percent to under 7 percent.

  • GDP growth surges to 13.5% in April-June on favourable base, but misses estimates Aug 31, 2022 05:34 PM IST

    GDP growth surges to 13.5% in April-June on favourable base, but misses estimates

    The Indian economy grew slower than anticipated last quarter, with economists predicting growth would come in at 15 percent, as per a Moneycontrol poll

  • Q1 GDP: Experts say India may post 15% growth on base effect, economic recovery Aug 26, 2022 04:03 PM IST

    Q1 GDP: Experts say India may post 15% growth on base effect, economic recovery

    Employment, consumption, a rejuvenated services sector are among the growth drivers. But a global slowdown could take a toll on India

  • MC Exclusive | India’s rate-setters on growth, inflation and forward guidance Aug 24, 2022 03:41 PM IST

    MC Exclusive | India’s rate-setters on growth, inflation and forward guidance

    The assessment of inflation, growth, and forward guidance from the Monetary Policy Committee are keenly monitored. So what do the three external members think on these matters?

  • Paddy sowing continues to lag, acreage down by 8.25% till August 18 Aug 21, 2022 09:08 PM IST

    Paddy sowing continues to lag, acreage down by 8.25% till August 18

    In case of pulses, total sown area was down by 7.08 lakh hectare at 125.57 lakh hectare till August 18 of this kharif season from the year-ago period.

  • Jio Haptik expects 10-fold revenue growth to $100 mn by 2026 Aug 21, 2022 05:47 PM IST

    Jio Haptik expects 10-fold revenue growth to $100 mn by 2026

    Haptik co-founder and CEO Aakrit Vaish told Haptik co-founder and CEO Aakrit Vaish told PTI.

  • India better placed on growth-inflation-external balance triangle: FinMin report Aug 19, 2022 08:50 PM IST

    India better placed on growth-inflation-external balance triangle: FinMin report

    On the price situation, the review said in absence of any further shocks, the downward movement of global commodity prices along with the RBI's monetary measures and the government's fiscal policies are expected to cap inflationary pressures in the coming months.

  • In Charts | China's growth slowdown explained Aug 19, 2022 12:04 PM IST

    In Charts | China's growth slowdown explained

    The world's second-largest economy is slowing down. And that has sent alarm bells ringing around the world. In fact, if Nomura is to be believed, the downcycle has just started.

  • RBI may end rate hikes by year-end, inflation may ease to 5% next year: CRISIL’s Dharmakirti Joshi Aug 19, 2022 10:02 AM IST

    RBI may end rate hikes by year-end, inflation may ease to 5% next year: CRISIL’s Dharmakirti Joshi

    The RBI may go for a 25 basis points rate hike in September and possibly another one before the end of this year.

  • Unrealistic to assume India will record sustained growth of 8%, says Montek Singh Ahluwalia Aug 18, 2022 08:07 AM IST

    Unrealistic to assume India will record sustained growth of 8%, says Montek Singh Ahluwalia

    Participating in a panel discussion organised by the Centre for Social and Economic Progress (CSEP), he said India's annual per capita income is around USD 2,000 and it is unlikely that it would increase to USD 12,000 by 2047 to become a high-income country as per the World Bank's definition.

  • China needs more stimulus to boost growth, PBOC paper says Aug 16, 2022 07:45 AM IST

    China needs more stimulus to boost growth, PBOC paper says

    In a front-page report Tuesday, the newspaper said Beijing should introduce new pro-growth policies at the appropriate time to keep growth within a reasonable range, citing Wen Bin, chief economist at China Minsheng Bank.

  • Bank of India sees 10-12% growth in advances in current fiscal Aug 14, 2022 01:24 PM IST

    Bank of India sees 10-12% growth in advances in current fiscal

    The bank's gross advances (global and domestic) stood at Rs 4,77,746 crore at end-June 2022.

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