Tag: economic growth india
RBI may raise repo rate by 100 bps through H1 2027: BofA Securities
New Delhi: The Reserve Bank of India (RBI) may raise interest rates by a total 100 basis points through the first half of 2027, with…
India business activity rebounds in September to 3-month high, PMI shows
India’s business growth accelerated in September on stronger demand in both manufacturing and services, a preliminary survey showed, though weaker export momentum and more subdued…
States’ revenue growth to accelerate 9-11% as GST collections rise 16% in first five months: Crisil
Mumbai: Revenue growth of 18 large Indian states is expected to accelerate to 9-11 per cent this fiscal, supported by stronger Goods and Services Tax…
RBI rate hike imminent? Fed’s move pressures India to tighten monetary policy amid rising inflation
Mumbai: Calls for India to join central bank peers from Tokyo to London in tightening rates have grown louder after Washington, despite looming midterm polls,…
‘Indian economy more likely to be resilient rather than becoming more vulnerable’: CEA V. Anantha Nageswaran
New Delhi: Even as renewed geopolitical uncertainty has pushed crude oil prices past USD 107-108 per barrel and hardened global bond yields over the past…
BRICS businesses eye India as investment hub, see opportunities in engineering, technology
New Delhi: India is emerging as a key investment destination for businesses from BRICS countries, with business leaders attending the BRICS Summit highlighting the country’s…
India needs double-digit factory growth, Bank of America says
India will need to sharply accelerate manufacturing growth to meet its long-standing ambitions for the sector, according to Bank of America economists, who point to…
India services activity expands in August, but growth remains near four-year low
New Delhi: India’s services activity expanded in August, supported by an increase in new business and stronger demand, according to a private survey released on…
Japan’s JCRA upgrades India’s sovereign rating to A-, cites strong growth, financial stability
The Japan Credit Rating Agency (JCR) has upgraded India’s sovereign credit rating by one notch to A- from BBB+, citing the country’s sustained high economic…
Industry cheers 7.8% Q1 GDP growth, economists see India’s momentum holding
New Delhi: Industry leaders and economists have welcomed India’s latest gross domestic product (GDP) numbers, terming the 7.8 per cent expansion in the first quarter…