Economic Times
Fitch Ratings has maintained a positive outlook on India's medium-term economic growth, citing substantial government capital expenditure and strength
1717582540 Economy - 5 months ago
India's current account balance (CAB) is projected to reach a surplus of approximately USD 6 billion in Q4 2024, marking the first surplus since Q1 20
1717581122 Economy - 5 months ago
Moody's rating agency has pointed out that India's fiscal consolidation following the Covid-19 pandemic has lagged behind when compared to its peers.
1717573624 Economy - 5 months ago
Indian PM Modi's narrower election victory limits aggressive fiscal reforms, per Moody's analyst Christian de Guzman. BJP secured 240 seats, with NDA
1717566682 Economy - 5 months ago
India's services growth slowed to a five-month low in May due to weaker domestic demand, despite record export growth and a 21-month high in job creat
1717564100 Economy - 5 months ago
The recent election results in India saw the ruling BJP-led NDA secure a majority, though narrower than expected. A Bernstein report predicts increase
1717557465 Economy - 5 months ago
"Our assessment is that India's economic fundamentals remain robust. Reforms in India have generally survived the test of politics and we expect the g
1717553660 Economy - 5 months ago
Food inflation challenges RBI, impacting rate cuts. Elections, populist spending, and fiscal landscape influence rate cut decisions.
1717529926 Economy - 5 months ago
With the Lok Sabha election results hinting at a coalition government, economists anticipate a populist Budget focusing on welfare schemes for the upc
1717529684 Economy - 5 months ago
India's growth story may thrive under a coalition rule despite no party having an absolute majority. Past data suggests coalition governments have eff
1717529091 Economy - 5 months ago
In the new coalition government era, India's reform agenda may prioritize job creation and factors market reforms. Balancing political sensitivities a
1717529038 Economy - 5 months ago
In FY24, nominal GDP grew 9.6%, CPI inflation recorded 5.4%, and real GDP growth was estimated at 8.2%.
1717528792 Economy - 5 months ago
India has taken Australia to arbitration at the WTO over changes to services commitments, impacting trade. The new regulations aim to lower global tra
1717525519 Economy - 5 months ago
Economists warn that PM Narendra Modi's retention in power after the general elections under 'changed circumstances' will pose challenges for implemen
1717520003 Economy - 5 months ago
The total foodgrain production in India is estimated at 3,288.52 lakh tonne in 2023-24, which is lower than 3,296.87 lakh tonnes of foodgrain producti
1717504745 Economy - 5 months ago
India's record-breaking economic growth rate and strong tax revenues provide a foundation for future reforms aimed at transforming the country into a
1717499401 Economy - 5 months ago
India's import of refined products from Russia increased by 14% in May, with naphtha imports tripling. State-run refiners brought in 77% more Russian
1717439907 Economy - 5 months ago
State's industries minister MB Patil highlighted the decline in FDI in Karnataka and the entire country due to global factors and flawed policies of t
1717425667 Economy - 5 months ago
A German brokerage predicts a possible sovereign rating upgrade for India due to strong growth and improved fiscal deficit targets. S&P recently upgra
1717417952 Economy - 5 months ago
Approximately 2.2% or Rs 7,755 crore of Rs 2,000 banknotes are still in circulation, 8 months after the deadline to exchange them. 97.82% of the total
1717413217 Economy - 5 months ago