Tag: economy news
OECD raises raises India’s FY27 GDP growth forecast by 80 bps to 7.1%
OECD on Wednesday raised its forecast for India’s FY27 economic growth by 80 basis points to 7.1%, from 6.3% projected in June. In its September…
India’s wholesale inflation accelerates to 9.92% in August from 9.78% in July
India’s wholesale inflation edged up to 9.92% in August from 9.78% in July, government data showed on Monday, hovering around 10% for a fourth straight…
India manufacturing growth hits four-month high in February, PMI shows
India’s factory activity expanded at its fastest pace in four months in February as strong domestic demand drove new orders and production, although export growth…
Why RBI MPC cut key rates today amid tricky growth-inflation mix
The Reserve Bank of India (RBI) cut its key repo rate by 25 basis points on Friday, in line with a consensus view, as record…
India needs a dual engine funding model as debt markets lag banks, says CEA Nageswaran
India needs to build debt capital markets that are as strong and reliable as its banking system if it wants to finance the next phase…
India’s core sector growth remains flat in October, weakest in 14 months
India’s infrastructure output was unchanged in October from a year earlier, its weakest performance in 14 months, as declines in coal, crude oil and electricity…
India’s forex reserves dip by $396 mn to $702.57 bn as on Sept 19
India’s foreign exchange reserves decreased by $396 million to $702.57 billion as on September 19, data released by the Reserve Bank of India (RBI) showed…