Economy Archives - Page 95 of 229

Economy

January 19, 2025 10:39 AM

India to grow at 6.7% for next two years: World Bank

India is projected to sustain its position as the fastest-growing major economy, with a growth rate of 6.7% in both FY26 and FY27, according to the World Bank's latest Global Economic Prospects (GEP) report, outpacing a global growth projection of 2....

January 18, 2025 2:55 PM

India’s economic growth poised to rebound as demand picks up: RBI bulletin

India's economic growth is poised to rebound as domestic demand regains strength reflecting a resilience in consumption, supported by brighter agricultural prospects," according to the RBI’s monthly bulletin for January. "There is a conducive quic...

January 18, 2025 10:02 AM

IMF projects India growth to be solid at 6.5 pc in 2025 and 2026

In India, the economic growth is projected to be solid at 6.5 per cent in 2025 and 2026, as projected in October and in line with potential, the International Monetary Fund (IMF) has said in its latest World Economic Outlook (WEO) update. The IMF fo...

January 17, 2025 10:39 PM

Budget session of Parliament to begin on January 31 with President’s address

The budget session of Parliament is scheduled to begin on January 31, extending until April 4. The session will commence with President Droupadi Murmu addressing a joint sitting of both Houses of Parliament. Finance Minister Nirmala Sitharaman will ...

January 17, 2025 4:21 PM

Indian stock market ends lower after 3-day gains, Nifty below 23,250

Indian stock market benchmarks ended in the red on Friday, marking a pause after a three-day gaining streak. The decline was led by selling in IT and financial services sectors. The Sensex closed at 76,619.33, shedding 423.49 points, or 0.55%, while...

January 17, 2025 4:14 PM

FX, stocks steady ahead of Trump’s inauguration; eyes on Gaza ceasefire

Emerging market currencies were broadly steady on Friday as investors exercised caution ahead of U.S. President-elect Donald Trump's inauguration next Monday, while also monitoring developments in the Middle East after the Gaza ceasefire deal. Inves...

January 17, 2025 3:14 PM

India’s exports of food goods jump 11 pc to $17.8 billion in April-Dec

India’s exports of agricultural and processed food products registered a robust 11 per cent growth to $17.77 billion during April-December of the current financial year compared to the same period of the previous year, according to official figures...

January 17, 2025 12:42 PM

China’s economy meets official growth target, but many feel a downturn

China's economy matched the government's ambitions for 5% growth last year, but in a lopsided fashion, with many people complaining of worsening living standards as Beijing struggles to transfer its industrial and export gains to consumers. The unba...

January 17, 2025 10:45 AM

Sensex, Nifty fall amid weak Asian markets, FPI selling

India's stock markets opened lower on Friday as weak performance in Asian markets and selling pressure in IT and private banking stocks impacted investor sentiment. The Sensex dropped 325.79 points, or 0.42 percent, to 76,717.03, while Nifty fell 86...

January 17, 2025 9:07 AM

Prime Minister Modi to inaugurate Bharat Mobility Global Expo 2025 Friday

Prime Minister Narendra Modi will inaugurate the ‘Bharat Mobility Global Expo 2025′ on Friday at Bharat Mandapam in the national capital. The Expo, the country's largest mobility expo, will be held from January 17-22 across three separate venues ...

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