There was good news on the UPI front, with transactions staying above 20 billion for a second straight month
India posted one of the fastest growth rates in the world — but low nominal growth, weak taxes and a likely no-cut RBI spoil the party for equities
India's economy expanded at a sharper-than-expected clip of 8.2% in the July-September quarter, prompting analysts to raise their full-year growth estimates to above 7%
To counter external headwinds, the space for further fiscal stimulus is limited. Monetary stimulus space has become available on the back of subdued inflation
The IMF's growth and policy projections for India are entirely contingent on one factor: how soon the 50 percent US tariffs are rolled back
India currently is the fifth largest economy in the world with a GDP of around $3.9 trillion
Real GDP is estimated to have grown at the fastest pace in five quarters at 7.8 percent in the April to June period of current fiscal year
India will weather the US tariffs, Panagariya said, adding that the bigger opportunity lies in concluding an India-EU trade agreement given the bloc’s relatively open market.
The second quarter GDP, which is yet to be released, will also grow around 7 percent, Goyal said during an event
The Infosys co-founder said the goal will need everyone’s efforts, setting up 'high benchmarks' for their own actions
India's commitment to climate adaptation, renewable energy and inclusive digital finance offers a blueprint for balancing growth with sustainability, UNDP chief Haoliang Xu said
The scheme shall be implemented by DFS through National Credit Guarantee Trustee Company Ltd to provide additional credit support by MLIs to the eligible exporters including MSMEs
The Union Cabinet also expanded the Credit Guarantee Scheme for Exporters with an additional support of Rs 20,000 crore
Positions were 'notably reduced' compared with both the previous quarter and year-ago levels, Morgan Stanley analysts including Sheela Rathi wrote in a note
The report said exports of pharmaceuticals, smartphones, metals and auto have declined during the period
HSBC's flash India Composite Purchasing Managers' Index fell to 59.9 this month from a final reading of 61.0 in September and below a Reuters poll median forecast of 61.2
The minister pointed out that India is now world’s third-largest startup ecosystem, with 1.9 lakh startups, and patent filings have doubled from 2014
Headline indices Nifty 50 and Sensex may see a tempered start in trade for the October 8 session, pressured by poor global cues.
The global manufacturing PMI slipped to 50.8, down from a 14-month high of 50.9 in August
Inflation seen at 3.2% this year, giving RBI room for one more rate cut
Nageswaran said the government is expecting ramp up in private sector spending data with fiscal prudence and stability, ease of doing business as building blocks
The economist said small changes such as changing three words in a law could ease most of the pains of businesses
Last week, Trump ordered a sweeping overhaul of the H-1B visa program, mandating a $100,000 application fee aimed at deterring excessive use
The report said the Central government is working on resolving procedural obstacles and connecting with key trading partners
Shriram Wealth builds early traction with 400 families and 150 professionals across 11 cities within three months of launch, says MD and CEO Vikas Satija