Tag: indian economy
India a ‘bright spot’ amid uncertainty: Shaktikanta Das
New Delhi: India remains a “bright spot” in an uncertain global economy, with high-frequency indicators pointing to broad-based economic momentum, a top government official said….
Services output grows 13.5%, 17 of 19 sectors expand
New Delhi: India’s services sector recorded broad-based growth in July with 17 of the 19 tracked sectors expanding and 10 registering double-digit gains, official data…
Indian economy strong but needs to cut dependence on energy imports, PMO official says
New Delhi: India’s economy remains stable despite global uncertainties and tensions, and continues to show strength supported by domestic demand and industrial and services sector…
India is a stable economy with the ability to withstand external headwinds, says DEA Anuradha Thakur
Mumbai: As nations navigate uncertainty and confront critical tradeoffs, India has emerged as a stable economy that has the ability to withstand external headwinds, said…
Economic Affairs Secretary underlines need for household savings to be channelled into India’s financial system
India’s financial transformation has built strong foundations, but the next stage will depend on how deeply its savings, institutions and markets connect with the global…
Cannot rest on tailwinds, have to be conscious of risks, says PM’s Principal Secretary
Mumbai: India has to be conscious of the risks from geoolitical developments and has to be prepared to make changes in its economy to manage…
S&P and Fitch raise India’s growth forecasts, expects RBI to hike rates by 25bps
Global rating agencies S&P and Fitch on Wednesday raised India’s FY27 GDP growth projection to 7 per cent and 6.9 per cent, respectively, boosted by…
Fitch raises India FY27 GDP growth forecast to 6.9% from 6.4%, sees 25 bps RBI rate hike in October
Fitch Ratings has raised India’s growth forecast for the current fiscal year to 6.9% from 6.4%, citing stronger-than-expected expansion in the June quarter and the…
India scores high on latest WEF standings: Growth outlook strongest, but some ground lost with MNCs
India’s growth story is gathering momentum even as its appeal to global businesses shows signs of losing some ground, showing a divergence between expectations for…
Oil prices key external risk, but yet to derail growth outlook: Radhika Rao, Executive Director & Senior Economist, DBS Bank
Recent high-frequency indicators show growth is holding up despite a less supportive global backdrop, as credit growth maintains a strong beat, government expenditure remains apace…