|  NEWS

Economy

India's economy grows faster than forecast in Q3

The Indian economy grew much faster than expected during the third quarter, bolstered by manufacturing and government spending, fuelling expectations it may outperform its own full-year estimates.

Economy

RBI governor says lenders should avoid “all forms of exuberance”

The governor of India’s central bank warned the country’s lenders against “all forms of exuberance” just days after tightening the rules for consumer loans.

Markets

India's GDP growth to hit 6.5% in FY2024 and FY2025

India's economic growth is forecast at around 6.5% for FY2024 and FY2025, according to Morgan Stanley Research on Monday.

Economy

India's economy grows faster than forecast in Q3

The Indian economy grew much faster than expected during the third quarter, bolstered by manufacturing and government spending, fuelling expectations it may outperform its own full-year estimates.

Economy

RBI governor says lenders should avoid “all forms of exuberance”

The governor of India’s central bank warned the country’s lenders against “all forms of exuberance” just days after tightening the rules for consumer loans.

Markets

India's GDP growth to hit 6.5% in FY2024 and FY2025

India's economic growth is forecast at around 6.5% for FY2024 and FY2025, according to Morgan Stanley Research on Monday.

Economy

Fitch hikes India’s medium-term GDP growth outlook

India’s economy could reach an annual average growth rate of 6.2% in the medium term during 2019-2027, according to the latest Global Economic Outlook report by Fitch Ratings on Monday.

Economy

India’s economy to reach $4trn by year-end 

India may become a $4 trillion economy by the end of the year and $10 trillion by 2030, according to Union Minister of Housing & Urban Affairs and Petroleum & Natural Gas, Hardeep Singh Puri.

Economy

India’s economy needs 8% annual growth to overtake China

The Indian economy needs to grow by an annual 8% in order to surpass China as the global economy’s largest contributor, which would require a substantial increase in investment, particularly in traditional sectors.

Markets

India's central bank forecast to hold rates steady

India's monetary policy committee is forecast to hold rates steady on Friday, yet the recent rise in global crude oil prices and continuous economic growth will likely keep inflation in focus.

Markets

S&P retains India’s FY24 growth forecast at 6%

India’s growth forecast for the current fiscal year has been retained at 6% by S&P Global Ratings due to a global economic slowdown, the delayed effect of rate hikes and the mounting risk of “subnormal monsoons.”

Economy

India can reach 10.5% GDP growth target, says finance minister

India’s finance minister is optimistic the country can reach its nominal 10.5% economic growth target, and signalled growth took priority over the taxing of diesel vehicles during an interview at the end of last week.

Economy

India’s expansion a “key driver” for global growth

India’s stellar economic growth forecasts, together with strong predictions for a number of Southeast Asian countries, will be key global growth drivers.

Economy

India’s space economy growth to surpass $80bn by 2040

India’s space economy is prepared for growth set to exceed $80 billion by 2040, according to Union Minister Jitendra Singh.

Economy

Fitch hikes India’s medium-term GDP growth outlook

India’s economy could reach an annual average growth rate of 6.2% in the medium term during 2019-2027, according to the latest Global Economic Outlook report by Fitch Ratings on Monday.

Economy

India’s economy to reach $4trn by year-end 

India may become a $4 trillion economy by the end of the year and $10 trillion by 2030, according to Union Minister of Housing & Urban Affairs and Petroleum & Natural Gas, Hardeep Singh Puri.

Economy

India’s economy needs 8% annual growth to overtake China

The Indian economy needs to grow by an annual 8% in order to surpass China as the global economy’s largest contributor, which would require a substantial increase in investment, particularly in traditional sectors.

Markets

India's central bank forecast to hold rates steady

India's monetary policy committee is forecast to hold rates steady on Friday, yet the recent rise in global crude oil prices and continuous economic growth will likely keep inflation in focus.

Markets

S&P retains India’s FY24 growth forecast at 6%

India’s growth forecast for the current fiscal year has been retained at 6% by S&P Global Ratings due to a global economic slowdown, the delayed effect of rate hikes and the mounting risk of “subnormal monsoons.”

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