Despite a slowdown in real GDP growth and stagnant nominal GDP growth, per capita nominal GDP is expected to rise significantly in FY25, according to a report by the State Bank of India (SBI).
The State Bank of India (SBI) has revised its forecast for India's GDP growth in FY25 to 6.3 per cent, slightly lower than the National Statistical Office's (NSO) estimate of 6.4 per cent.
The domestic stock markets, in the upcoming week, will focus their attention on the earnings of companies, foreign portfolio investments (FPI) data, a host of economic data, Fiscal Year GDP Growth, Index of Industrial Production (IIP), and other global cues, according to the market experts.
Credit growth of Indian banks are expected to witness a range-bound 12.5 per cent growth in the current financial year 2025, HSBC Global Research said in a report, attaching a rider that slowdown in GDP growth remains a downside risk.
Former Prime Minister Dr Manmohan Singh, who passed away on Thursday, was an acclaimed thinker, economist and scholar who ushered in a comprehensive policy of economic reforms and steered the country for 10 years as the head of Congress-led UPA government during which India witnessed a hi
India's real GDP growth is projected to remain steady at 6.5 per cent for the financial years 2025 and 2026, according to the latest EY Economy Watch report.
Mumbai (Maharashtra) [India], December 19: Real-time payments boosted India's GDP by $50 billion in 2023, making it the world's largest market in terms of GDP growth, according to the Real-Time Payments: Economic Impact and Financial Inclusion report published by ACI Worldwide (NASDAQ: ACIW)
While the post-pandemic period saw a sharp rebound and significant variations in GDP growth, these irregularities are now settling down, signalling a return to stability
The fiscal deficit of the central government is projected to be 4.8 per cent of GDP for FY25, slightly below the budgeted estimate of 4.9 per cent, according to a report by Care Edge Ratings. The marginal improvement is attributed to healthy tax collections, despite certain shortfalls.
CareEdge Ratings expects the central government to continue on the path of fiscal consolidation and projects India's GDP growth to moderate but remain healthy at 6.5 per cent in the current financial year.
Bengaluru (Karnataka) [India], December 13: IIFL Capital Services Limited (formerly IIFL Securities Limited) today announced the unveiling of its state-of-the-art office in Bengaluru, dedicated to wealth management services for High Networth Individuals (HNIs) and Ultra High Networth Individ
Singapore, December 10: The Mastercard Economics Institute (MEI) has released its annual economic outlook for 2025, forecasting continued growth for Asia Pacific aligned with 2024 levels, while lower inflation and easing interest rates are set to provide relief to consumers and households. T