Economy

India needs to reduce interest rates in order to help the economy hit its potential growth targets, yet members of the country's monetary policy committee (MPC) are split on the timing of such rate cuts.

posted on 22.04.2024

Politics

The prime minister of India Narendra Modi's Bharatiya Janata Party (BJP) omitted any mention of structural economic reforms, such as alterations to labour and land laws, in its manifesto leading up to the elections.

posted on 15.04.2024

Economy

India's economy is forecast to hit $10 trillion by the end of the current decade, and towards $15 trillion by 2034.

posted on 10.04.2024

Markets

The Reserve Bank of India (RBI) held the key repo rate unchanged for the seventh consecutive policy meeting on Friday as economic growth is forecast to remain strong

posted on 05.04.2024

Economy

Fitch Ratings has increased India’s growth forecast for the upcoming financial year to 7% from a previous estimate of 6.5% on strong domestic demand and ongoing growth in business and consumer confidence.

posted on 15.03.2024

Economy

India's economy grew at its fastest pace in one and a half years in Q4 2023, retaining its title as the fastest-growing major economy in the world.

posted on 04.03.2024

Economy

India's economy is forecast to grow at a rate of 7% in the upcoming fiscal year, according to the latest report by the finance ministry.

posted on 21.02.2024

Economy

The Reserve Bank of India (RBI) kept interest rates unchanged on Thursday, indicating rate cuts may be a long way off as it concentrates on the "last mile of disinflation" towards the medium-term target of 4%.The Reserve Bank of India (RBI) kept interest rates unchanged on Thursday, indicating rate cuts may be a long way off as it concentrates on the "last mile of disinflation" towards the medium-term target of 4%.

posted on 09.02.2024

Economy

The services sector in India grew at the fastest pace in six months in January due to strong demand.

posted on 05.02.2024

Economy

A total of 86% of CEOs in India believe the country’s economy will improve over the coming year, according to PwC’s 27th Annual Global CEO Survey.

posted on 16.01.2024

Economy

India has forecast 7.3% annual growth in the fiscal year ending in March, the highest of any major global economy.

posted on 08.01.2024