Tag: economic outlook India
S&P sees 12-14% credit growth in India despite rural stress risks
Kolkata: S&P has projected a 12-14% financial sector credit growth even as concerns over a likely subdued rural credit growth remain if the irregular monsoon…
RBI MPC meeting: RBI MPC begins 3-day meeting today amid expectations of first rate hike since 2023
New Delhi: The Reserve Bank of India‘s (RBI) Monetary Policy Committee (MPC) begins its 3-day meeting on Monday amid growing expectations of the first interest…
S&P Global Ratings raises India FY27 growth aim to 7% from 6.6%, estimates 25 bps RBI rate hike
S&P Global Ratings on Wednesday raised its forecast for India’s real GDP growth in the fiscal year ending March 31, 2027, to 7% from 6.6%…
Indian economic growth likely slowed to 7.1% in April-June quarter: Reuters poll
BENGALURU: Indian economic growth slowed slightly to 7.1% in the April-June quarter, according to a Reuters poll of economists, on more subdued private investment, though…
Inflation likely to rise from here as food prices remain key risk: Experts
New Delhi: India’s retail inflation is expected to rise from current levels in the coming months, driven mainly by food prices but it will likely…
IMF lowers India’s FY27 growth outlook, retains status as fastest-growing economy
The International Monetary Fund (IMF) on Wednesday marginally lowered India’s FY27 growth forecast to 6.4% from 6.5% projected in April, while highlighting that India remains…
Volatile crude prices, forex swings and poor rains pose challenge for India: FM Sitharaman
Union Finance Minister Nirmala Sitharaman on Monday said India faces a range of external and domestic challenges, including uncertainty over foreign exchange and crude oil…
RBI to hold rates in June; majority now expect hike by year-end: Poll
The Reserve Bank of India will keep its key interest rate unchanged at 5.25% in June, according to most economists in a Reuters poll, although…
India’s trade deficit widens to $28.38 billion in April as imports surge amid Gulf conflict
India’s merchandise trade deficit widened to $28.38 billion in April, coming in above market expectations, as the ongoing conflict in the Middle East disrupted shipments,…
RBI’s state of economy report flags upside risks to inflation due to supply shock and weather uncertainties
Kolkata: The ongoing disruptions in cargo movement through the Strait of Hormuz along with the domestic weather-related uncertainties have raised the upside risks to inflation,…