Tag: indian economy

The services industry, which accounts for the majority of India's GDP, also lost ground with the PMI easing to 57.2 in March from 58.1 in February.
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India’s private sector growth hits three-year low as Iran war saps demand| Business News

India’s private sector expanded at its weakest pace in over three years in March as price shocks from the Iran war dampened domestic demand, yet…

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Proactive steps needed to limit adverse spillovers of Iran war: RBI report

MUMBAI: The Reserve Bank of India (RBI) Monday said the West Asia crisis warrants proactive steps to curb negative spillovers, given the country’s reliance on…

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Indian economy at risk if Gulf conflict continues: Moody’s Analytics

The Indian economy could face one of the sharpest slowdowns in the Asia-Pacific region if the Gulf conflict continues, with the gross domestic product (GDP)potentially…

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India needs a forex reserve buffer of at least $1 trillion for robust intervention capacity, according to former RBI Deputy Governor Michael Patra. (Reuters)
Posted in Business

RBI’s defence of rupee vs dollar is weighing on India’s forex reserves| Business News

The Reserve Bank of India’s recent defence of the rupee vs dollar is weighing on the nation’s foreign exchange reserves, prompting calls from some analysts…

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A 40% surge in Corona Remedies' share price gave the company a market capitalisation of nearly  ₹9,000 crore. (HT)
Posted in Business

India’s inflation rate rises to 3.21% in February before Iran war impact shows| Business News

India’s inflation rate rose in February even before the full impact of the Iran war shows on the world’s fourth largest economy. However, it’s still…

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Oil, rupee, markets: All alarms are blaring for India’s economy

Indian financial markets were jolted on Monday as a sharp spike in global oil prices triggered a broad sell-off across currencies and equities, exposing the…

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Middle East conflict poses near-term challenges to Indian economy: RBI MPC member

Conflict in the Middle East poses some immediate-term challenges for the Indian economy but is unlikely to dent long-term economic growth momentum, an external member…

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India’s growth is structural, not cyclical

India’s economic expansion is increasingly investment-led, reform-backed, and policy-supported, rather than dependent on short-term fiscal stimulus, or cyclical consumption surges. One of the clearest indicators…

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Despite downward revision in nominal GDP, India’s fiscal dynamics remain comfortable: UBI Report

New Delhi: Despite a downward revision in nominal GDP following a change in the base year, India’s overall fiscal dynamics remain very comfortable, with the…

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India's Manufacturing PMI in February suggests that the economy is expected to remain resilient in January-March after growing at 7.8% in October-December, helped by a 13.3% rise in manufacturing. (Mint Archives)
Posted in Business

India Manufacturing PMI hits four-month high in February but export growth cools| Business News

India’s manufacturing activity expanded at its fastest pace in four months in February as strong domestic demand drove new orders and production, but export growth…

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