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  • MC Long View | Is Zomato’s path to profitability coming at the cost of growth? April 01, 2023 06:51 AM IST

    MC Long View | Is Zomato’s path to profitability coming at the cost of growth?

    Zomato’s recent quarterly financial performance seems to be in sync with its focus on profitability, but growth seems to be taking a hit

  • Domestic stainless steel demand will continue to see healthy growth till FY25: Crisil Ratings March 30, 2023 04:42 PM IST

    Domestic stainless steel demand will continue to see healthy growth till FY25: Crisil Ratings

    The domestic demand for stainless steel was at 4 million tonnes (MT) in fiscal 2021-2022, the ratings agency said in a report on Thursday.

  • Accelerated implementation of reforms to accelerate India's growth: World Bank March 30, 2023 03:55 PM IST

    Accelerated implementation of reforms to accelerate India's growth: World Bank

    The report titled ’Falling Long-Term Growth Prospects: Trends, Expectations, and Policies’ said the global economy’s ’speed limit’ — the maximum rate of long-term growth without causing inflation — is set to decline to its lowest point in three decades by 2030.

  • Economy set to slow in FY24. How bad can it get? March 29, 2023 02:21 PM IST

    Economy set to slow in FY24. How bad can it get?

    India’s economy is entering a slow lane as multiple economic indicators suggest activity is levelling off after recovering from its pandemic low.

  • India set to surpass China in need for oil as growth paths diverge March 24, 2023 09:24 AM IST

    India set to surpass China in need for oil as growth paths diverge

    India’s transition from traditional gasoline and diesel-fueled transport is expected to lag other regions, whereas China’s adoption of electric vehicles is skyrocketing.

  • Engineers India looks at new sectors, overseas for new phase of growth March 15, 2023 07:22 PM IST

    Engineers India looks at new sectors, overseas for new phase of growth

    Starting in 1965 as an answer to head reliance on foreign companies for doing engineering and other work for the massive projects that a newly independent nation undertook, EIL has over the years expanded beyond its core competence in the oil and gas sector to petrochemicals, fertilizer, green hydrogen and biofuels.

  • The need for a consumption-led growth strategy March 06, 2023 09:07 AM IST

    The need for a consumption-led growth strategy

    The current trickle-down economics is not working for the masses of the population. We need to transform workers into consumers to broaden the market

  • Meet GCCs that are deepening India's tech industry March 03, 2023 08:23 AM IST

    Meet GCCs that are deepening India's tech industry

    Global capability centres are playing a crucial role in making India an important destination for engineering R&D

  • CEA Nageswaran says monthly data suggests FY23 GDP may be revised upwards March 02, 2023 02:45 PM IST

    CEA Nageswaran says monthly data suggests FY23 GDP may be revised upwards

    Data released earlier this week showed India's GDP growth rate fell to 4.4 percent in October-December

  • Average earnings from employment in India and their growth February 28, 2023 08:57 AM IST

    Average earnings from employment in India and their growth

    Average gross earnings from self-employment were substantially lower than income from salaries, both in rural and urban areas

  • Weak global demand, rate hikes may curtail India growth, economists say February 28, 2023 06:21 AM IST

    Weak global demand, rate hikes may curtail India growth, economists say

    The slowdown in growth seen in last quarter of 2022 could continue and erode the 6.4% growth for the fiscal year through March 2024 estimated by the central bank, economists warned, ahead of the release of India's GDP data on Tuesday.

  • India's GDP in Q3: How strong is the economy? | What's driving the growth? | Explained February 28, 2023 07:36 AM IST

    India's GDP in Q3: How strong is the economy? | What's driving the growth? | Explained

    The NSO is set to announce the Q3 or October-December GDP estimate. According to a CNBC TV18 poll, the economy is expected to have grown by 4.7%. The RBI estimated the Q3 GDP growth at 4.4%. But considering that the growth in Q3 last year was 5.4% and growth a quarter ago was 6.3%, why are economists saying that if the GDP grew 4.7% YoY it’s actually a good showing? Latha Venkatesh explains

  • Policy stance, rate decisions must depend on data, says MPC's Shashanka Bhide February 27, 2023 11:50 AM IST

    Policy stance, rate decisions must depend on data, says MPC's Shashanka Bhide

    According to Shashanka Bhide, a fall in core inflation is key to returning headline retail inflation back to the medium-term target of 4 percent

  • RBI's FY24 growth forecast seems to be backward-looking, says MPC's Ashima Goyal February 27, 2023 10:29 AM IST

    RBI's FY24 growth forecast seems to be backward-looking, says MPC's Ashima Goyal

    According to Ashima Goyal, growth could be severely hit if continued rate hikes result in a real repo rate that is well above 1 percent

  • Kamath says digital economy can contribute 25% GDP by FY29 February 26, 2023 02:40 PM IST

    Kamath says digital economy can contribute 25% GDP by FY29

    The government and planners see the economy becoming the third largest in the world by FY29, overtaking Japan, with a GDP of USD 7 trillion from the present USD 3.3 trillion.

  • Alibaba pushes cost cuts as revenue growth remains sluggish February 24, 2023 07:03 AM IST

    Alibaba pushes cost cuts as revenue growth remains sluggish

    The online retailer reported net income rose a better-than-anticipated 69% to 46.8 billion yuan ($6.8 billion), but revenue rose just 2.1% to 247.76 billion yuan in the December quarter, slightly ahead of projections. Alibaba’s shares closed down slightly after climbing 6% in early New York trading.

  • Pakistan has to do more to ensure foundation for strong growth: IMF MD Georgieva February 22, 2023 03:38 PM IST

    Pakistan has to do more to ensure foundation for strong growth: IMF MD Georgieva

    Pakistan, which is in dire need of funds as it battles a wrenching economic crisis, has received financial assistance from the International Monetary Fund (IMF) in the past and is presently in discussions with the organisation to resume its loan programme.

  • India remains 'bright spot', to contribute 15% of global growth in 2023: IMF MD February 22, 2023 03:18 PM IST

    India remains 'bright spot', to contribute 15% of global growth in 2023: IMF MD

    While digitisation pulled out the world's fifth-largest economy from pandemic lows, prudent fiscal policy and significant financing for capital investments provided in the next year's budget will help sustain the growth momentum.

  • India's GDP may grow by only 5-6% for next few years: Motilal Oswal's Nikhil Gupta February 20, 2023 12:00 PM IST

    India's GDP may grow by only 5-6% for next few years: Motilal Oswal's Nikhil Gupta

    According to the economist, the Reserve Bank of India could also raise the repo rate again in April following the unexpectedly large increase in inflation in January

  • Godrej Appliances expects 20% growth in gross sales in FY24: Official February 22, 2023 09:17 PM IST

    Godrej Appliances expects 20% growth in gross sales in FY24: Official

    The company is expecting contribution from its premium products of up to 40 per cent from 35 per cent at present, Godrej Appliances Business Head and Executive Vice President Kamal Nandi said.

  • Commercial vehicle industry volumes to see 7-10% growth in FY24: Icra February 14, 2023 02:05 PM IST

    Commercial vehicle industry volumes to see 7-10% growth in FY24: Icra

    The volume growth would be on account of government infrastructure spending, replacement demand, back-to-school and office scenarios and e-commerce expansion, it noted.

  • Delhivery expects e-commerce industry volume to grow 20% in 2023 February 13, 2023 08:32 AM IST

    Delhivery expects e-commerce industry volume to grow 20% in 2023

    The market is moving from unorganised players to organised firms rapidly, says CEO Sahil Barua

  • RBI hikes repo rate by 25 basis points, pegs FY24 GDP growth at 6.4%: Key highlights February 08, 2023 11:54 AM IST

    RBI hikes repo rate by 25 basis points, pegs FY24 GDP growth at 6.4%: Key highlights

    Retail inflation has been cooling now for two months as it printed below the RBI's upper end of tolerance band for November and December. It is expected to moderate further in January.

  • RBI MPC: FY24 GDP growth seen at 6.4%, says Governor Shaktikanta Das February 08, 2023 11:16 AM IST

    RBI MPC: FY24 GDP growth seen at 6.4%, says Governor Shaktikanta Das

    “Economic activity in India remains resilient, while investment activity continues to gain traction, and rural demand continues to show signs of improvement,” RBI Governor Shaktikanta Das said

  • India utility vehicle sales sustain growth in January February 03, 2023 12:53 PM IST

    India utility vehicle sales sustain growth in January

    Auto sales numbers are among the key indicators to estimate private consumption, which bears more than 50% weightage in assessing the country's economic growth.