Tag: icra
India rides out West Asia storm as GDP grows 7.8% in April-June quarter
New Delhi: India’s economy grew a better-than-expected 7.8% in the June quarter from a year earlier, belying concerns that severe headwinds, including the war in…
July core growth down to 5.4% as iron ore, power lose steam
New Delhi: India’s core sector output grew 5.4% year-on-year in July, slowing from 6% in June, as growth in iron ore, electricity and steel moderated…
ICRA estimates India’s GDP growth at four-quarter low of 7 per cent in April-June
New Delhi: Rating agency ICRA on Monday estimated India’s GDP growth at a four-quarter low of 7 per cent in the April-June quarter of the…
Wholesale inflation eases to 9.8% on softer energy prices
New Delhi: India’s wholesale inflation eased marginally to 9.8% year-on-year in July from 9.9% in June and May, as softer energy prices offset rising inflation…
Global energy, weather risks threaten further easing in wholesale inflation: Economists
New Delhi: Wholesale inflation in the country is likely to remain elevated despite a marginal easing in July, with global energy prices, geopolitical uncertainty and…
RBI GDP Growth 2026-27: Malhotra & Co lift FY27 GDP forecast to 6.7% from 6.6% on growth resilience
The Reserve Bank of India on Wednesday raised its FY27 GDP growth forecast to 6.7% from 6.6%, citing resilient domestic economic activity and a better-than-expected…
Govt cracks down on sugar hoarding, imposes 30-day stock limit from Aug 1 till Nov 30
The Centre on Tuesday imposed stock holding limits on sugar dealers across the country from August 1 to November 30, seeking to curb hoarding and…
Iron ore, cement, power output propels June core growth to 5%
New Delhi: India’s core sector output growth hit a five-month high of 5% year-on-year in June, accelerating from 3.2% in May on the back of…
Wholesale inflation hits record 9.9% in June on fuel, food prices
New Delhi: India’s wholesale inflation rose to a record 9.9% year-on-year in June, driven by an increase in fuel and food prices amid continued impact…
Retail Inflation up to 4.4% on costlier food, transport
New Delhi: India’s retail inflation climbed to 4.4% in June, exceeding the central bank’s 4% target, due to higher food and transport costs, according to…