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Economy

Fitch hikes India’s growth forecast for FY25

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.

Economy

India's economy grows 8.4% in Q4, beating forecasts

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.

Economy

Positive outlook for India's economy, 7% growth

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.

Economy

Fitch hikes India’s growth forecast for FY25

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.

Economy

India's economy grows 8.4% in Q4, beating forecasts

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.

Economy

Positive outlook for India's economy, 7% growth

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.

Economy

India's central bank keeps rates unchanged at latest meeting

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%.

Economy

India's services sector grows at fastest pace in six months

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

Economy

India’s economy to improve in 2024, say 86% of CEOs

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.

Economy

India forecasts 7.3% economic growth in 2023/24

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

Economy

India can improve rating with fiscal deficit cut: S&P.

India's BBB- rating can improve if the country reduces its fiscal deficit considerably, says S&P's APAC Managing Director, Kim Eng Tan.

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 central bank keeps rates unchanged at latest meeting

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%.

Economy

India's services sector grows at fastest pace in six months

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

Economy

India’s economy to improve in 2024, say 86% of CEOs

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.

Economy

India forecasts 7.3% economic growth in 2023/24

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

Economy

India can improve rating with fiscal deficit cut: S&P.

India's BBB- rating can improve if the country reduces its fiscal deficit considerably, says S&P's APAC Managing Director, Kim Eng Tan.

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