Tag: India Economy
Forex reserves rise to $703 billion; rupee slips 14 paise
Mumbai: India’s foreign exchange reserves rose by $2.3 billion to $703 billion in the week ended April 17, mainly due to an increase in foreign…
Short-term fluctuations, including FDI outflows closely monitored: RBI’s Sanjay Malhotra
New York: Short-term fluctuations, including net FDI outflows and exchange rate movements, are cyclical in nature and are being closely monitored, RBI Governor Sanjay Malhotra…
India’s economy projected to grow at 6.4% this year: UN
India’s economy is projected to grow at 6.4 per cent this year and 6.6 per cent in 2027, according to a report by the United…
Net FDI inflows dip, investors opting for Mexico, Vietnam
New Delhi: India’s strong economy cemented by robust macros is facing a catch 22 situation: low net foreign direct investment (FDI) inflows despite rising gross…
India’s economy puts up brave front as GST, auto sales and UPI payments surge despite Gulf war
New Delhi: High-frequency indicators released at the end of the fiscal year signalled that India’s economy has stayed resilient despite disruptions stemming from the Gulf…
From India to Italy, Trump’s Iran war is rippling through the world economy
The supply shockwaves from the US and Israel’s war in Iran are spreading across the global economy, raising concerns about an inflation hit to companies…
Middle East war likely to trigger global inflation shock; India relatively insulated: SBI Research
New Delhi: A widening conflict in the Middle East could trigger a fresh wave of global inflation if it spreads across supply chains, asset classes…
Space for global growth to remain contested; greater intra-state coordination needed to counter external headwinds: CEA
Chief economic advisor V Anantha Nageswaran on Wednesday pitched for greater intra-state coordination, cautioning that in a conflict-ridden world, space for economic growth will be…
Govt will make sure economy doesn’t suffer from conflict in Middle East: Kotak Mahindra AMC MD Nilesh Shah
Mumbai: Amid rising geopolitical tensions in West Asia and concerns over global crude oil supply, Kotak Mahindra Asset Management Company Managing Director Nilesh Shah said…
$100 oil shock set to strain Asia’s cash-strapped governments
Asia’s governments will have to stretch their budgets or risk unleashing an inflation shock as the deepening conflict in the Middle East pushes oil prices…