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- May 5th, 2024
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[ad_1] The Chief Economic Advisor to Government of India V Anantha Nageswaran disagrees with his predecessor, Raghuram Rajan, who recently termed the â$30 trillion GDP by 2047â as ânonsenseâ. Nageswaran, who felt the Viksit Bharat (Developed India) target was stiff but...
[ad_1] National Council of Applied Economic Research (NCAER) on Sunday said that Indian economy remained buoyant at the end of fiscal 2023-24 and set to clock 7.6 percent growth as projected in the CSO’s second Advance Estimate.Both the Purchasing Manager’s...
[ad_1] Painting a bullish picture on the growth momentum of the Indian economy, foreign brokerage Morgan Stanley has raised the country’s GDP growth forecast for FY’24-25 to 6.8 per cent from 6.5 per cent estimated earlier. The upward revision comes in...
[ad_1] India's business activity ended this fiscal year on a high note, expanding at the fastest rate in eight months in March, according to a business survey, suggesting the country would remain the fastest growing major economy.HSBC's flash India Composite...
[ad_1] Capex has emerged as a key growth driver in India after a decade of steady decline in the invest to GDP ratio. The capex cycle has more room to run up, and the current expansion is reminiscent of the...
[ad_1] The new fund offer of Baroda BNP Paribas Innovation Fund has mobilised over â¹900 crore from over 31,000 investors during the NFO period.The issue closed on February 28 and reopened for further investment on Thursday.Suresh Soni, CEO, Baroda BNP...
[ad_1] Strong growth in manufacturing and good performance of mining and construction pushed the economic growth in October-December quarter (Q3) of Fiscal Year 2023-24 to 8.4 per cent, defying all the expectations. Also, growth rate for full fiscal of 2023-24...
[ad_1] India's economic growth accelerated to 8.4 per cent in the third quarter of 2023-24, mainly due to good performance by the manufacturing, mining and quarrying and construction sectors.The Indian economy recorded a growth of 8.4 per cent in the...
[ad_1] The growth of eight key infrastructure sectors slowed to a 15-month low of 3.6 per cent in January, on account of poor performance of sectors like refinery products, fertiliser, steel and electricity, according to the official data released on...