Economy

The Reserve Bank of India (RBI) may permit a slight depreciation of the Rupee to correct its somewhat high real effective exchange rate and keep the currency “competitive,” according to a note from BofA Securities on Thursday.

posted on 26.07.2024

Economy

India's natural rate of interest has increased in the post-pandemic period and is anticipated to rise further, fuelled by the growth of potential output, according to the Reserve Bank of India's (RBI)

posted on 18.07.2024

Economy

The technology sector in India will require over 1 million engineers with advanced skills in AI (artificial intelligence) and others within the next 2-3 years, according to an industry body.

posted on 16.07.2024

Economy

Indians now have broader access to foreign currency accounts at Gujarat International Finance Tec-City (GIFT City), enhancing business opportunities for the finance hub promoted by Prime Minister Narendra Modi.

posted on 12.07.2024

Economy

Growth within India’s services sector accelerated in June, bolstered by robust demand and a record increase in export orders.Growth within India’s services sector accelerated in June, bolstered by robust demand and a record increase in export orders.

posted on 03.07.2024

Economy

Economic growth in India is moving towards the 8% mark, but inflation must be kept under control, according to Reserve Bank of India (RBI) governor Shaktikanta Das on Tuesday. 

posted on 26.06.2024

Economy

Recent high-frequency indicators of economic activity indicate that real GDP growth in India in the first quarter of FY25 is largely maintaining the momentum

posted on 20.06.2024

Economy

India is forecast to remain the fastest-growing economy in the Asia-Pacific region in the second half of this year, according to credit rating agency Moody's Ratings on Thursday.

posted on 14.06.2024

Politics

Narendra Modi was sworn in as India's prime minister for a third term on Sunday, following a surprising election setback, challenging his capability to maintain policy certainty

posted on 10.06.2024

Economy

India’s central bank may slash interest rates once in 2024, likely in Q4, according to economists surveyed by Reuters news agency.

posted on 31.05.2024

Economy

Goldman Sachs has increased its GDP growth forecast due to the substantial dividend from the Reserve Bank of India (RBI) and has also delayed its expectations for an interest rate cut by the central bank. 

posted on 28.05.2024