Tag: India Economy
India to be insulated from trade war between US and China: Goldman Sachs
India will be relatively insulated from the global economic shocks expected from a potential trade war between the United States and China in 2025, according…
Unchecked inflation risks hurting economy despite festive boost, RBI warns in latest report
Kolkata: The rise in headline inflation can damage the real economy if not checked, even as the festive consumption demand and farm sector recovery have…
Morgan Stanley lowers India’s growth for FY25; economy may expect a better Q3 show with wedding season
Morgan Stanley on Monday lowered India’s growth forecast in FY25 from 7 per cent to 6.7 per cent, on the back of weaker-than-expected high-frequency growth…
Using food inflation in rate-setting flawed; RBI should cut rates for pushing growth, says Piyush Goyal
Union Commerce Minister Piyush Goyal on Thursday said the Reserve Bank of India (RBI) should cut interest rates and give an impetus to growth. Using…
Industrial output expands 3.1% in September on base effect, festivals
NEW DELHI: India’s industrial output rebounded in September, growing 3.1%, after contracting 0.1% in August – a 22-month low – driven by a favourable base…
IIP data: India’s industrial production expands 3.1% in September 2024
The Index of Industrial Production (IIP) in India witnessed an expansion of 3.1 per cent in September, as per data released by the Ministry of…
Festive Vibes: Economists see food inflation and geopolitical conflicts as possible headwinds
NEW DELHI: The festive season has brought some cheer to the economy with several data releases on Friday suggesting improved consumer sentiment, but economists cautioned…
GST mopup rises 8.9% to ₹1.87 lakh core in October
India collected ₹ 1.87 lakh crore in goods and services tax in October, marking the second-highest gross GST collection in any month to date, reflecting…
Indian economy: RBI’s rosy growth forecast baffles economists
The Reserve Bank of India’s upbeat growth estimates for the world’s fastest-growing major economy is causing both confusion and concern among economists. The central bank…
Advancing India’s goal to double the economy by 2030
India’s ambition to double its economy to $7 trillion by 2030 hinges on a broad strategy that includes reforms, infrastructure development, investment in human capital,…