According to government figures released on Wednesday, the economy outperformed forecasts by growing by 6.1 per cent in the January-March quarter, a considerable increase over the previously reported growth of 4.5 per cent.
"Southwest monsoon normally sets in over Kerala on 1st June with a standard deviation of about 7 days. India Meteorological Department (IMD) has been issuing operational forecasts for the date of monsoon onset over Kerala from 2005 onwards. An indigenously developed state-of-the-art statisti
What makes India more desirable is not just the size of its population but the size of its young population. Only 7 per cent of the nation is aged 65 or above, compared to China's 14 per cent and 18 per cent in the US. The International Monetary Fund forecasts that India's real GDP growth wi
Fitch Ratings forecasts India's headline inflation to decline, but remain near the upper end of the Reserve Bank of India's 2-6 per cent target band, averaging 5.8 per cent in 2023-24 from 6.7 per cent last year.
According to Skymet, the spread of below normal being 90-95 per cent of LPA. In its earlier foreshadow released on January 4 this year, Skymet assessed the monsoon of 2023 to be sub-par and now retains the same. LPA of rainfall is the rainfall recorded over a particular region for a given in
On the domestic front, the peak impact of the rate hikes -- 250 basis points since May 2022, which has pushed interest rates above pre-Covid-19 levels -- will play out in fiscal 2024, according to a statement of CRISIL.
Even though there are thousands of thunderstorms all across the world every day, computer weather modelling has a difficult time properly predicting when and where they will form. A team of scientists led by Penn State believe that an innovative method that incorporates underutilised satelli
In a virtual briefing on the GDP numbers, CEA said, "We maintain as we have mentioned in the economic survey, the growth forecasts are 6.5 per cent for 2023-24. If you look at where we are, in terms of the advanced estimates, manufacturing on the face of it appears to have slowed down in rea
The US tech ban is one reason many international organisations have begun to delay - if not drop entirely - forecasts that China will surpass the US to become the biggest economy in the world. The gap between the two economies widened last year, reported The Star.
New Delhi [India], February 17 (ANI/NewsReach): Experts and market participants are making a seemingly endless number of predictions about the next group of tokens that will drive the bull market as the crypto winter is starting to fade. There are numerous forecasts that 2023 will give good