Month: August 2024
Growth momentum strong; slowdown in first quarter anticipated due to elections: CEA Nageswaran
Owing to seven phase long Lok Sabha polls, Chief Economic Advisor V Anantha Nageswaran while commenting on GDP growth explained that growth momentum remained strong…
Russia raises 2024 economic growth forecast to 3.9%
MOSCOW, – Russia raises 2024 economic growth forecast to 3.9% The Russian economy will grow by 3.9% in 2024, higher than previously expected and higher…
India growth slows to 6.7% on lower consumer spending
India’s economic growth slowed to 6.7 percent on-year in the April-June quarter, official data showed Friday, as lower government outlays and lacklustre consumer spending weighed…
India’s fiscal deficit at 17.2% of FY25 target as of July
The central government’s fiscal deficit in the first four months of FY25 touched 17.2% of the annual target, against 33.9% a year before, government data…
India’s GDP grows by 6.7 percent in Q1: Govt report
Aug 30, 2024 06:17 PM IST India’s gross domestic product shows 6.7 percent growth for the first quarter, declared government data. India’s gross domestic product…
India’s GDP growth moderates to 6.7% in Q1 2024-25, lowest growth in five consecutive quarters
India’s Gross Domestic Product (GDP) moderated to 6.7% during the first quarter of the financial year 2024-25, compared to the 8.2% growth seen in the…
Government receives over ₹10 lakh crore in revenue by July 2024
The Government of India has consolidated its financial accounts up to July 2024, revealing that total receipts amount to ₹10,23,406 crore. This represents 31.9% of…
India’s forex reserves hit all-time high of $681.69 billion, up $7.02 billion as of August 23
Breaking past record-highs, India’s Forex reserves were up by $7.02 billion to touch an all-time high of $681 billion as of August 23, as per…
India’s core sector grows at 6.1 per cent in July
India‘s eight core sectors’ output growth slowed down to 6.1 per cent in July on annual basis as against 8.5 per cent in same month…
All bank holidays for September 2024: Banks to be closed for 15 days, see full list
Banks will be closed for a total of 15 days in September 2024. This is inclusive of all Sundays along with second and fourth Saturdays….