Search For "gdp growth"
IMF clears USD 1.2 billion disbursements for Pakistan, citing strong progr
Updated : 3 months ago IST
The International Monetary Fund (IMF) has approved an immediate disbursement of USD1 billion to Pakistan under the Extended Fund Facility (EFF) and around USD 200 million under the Resilience and Sustainability Facility (RSF), bringing total disbursements to nearly USD 1.2 billion.
Read More
India is moving ahead with self-confidence, becoming key growth engine of
Updated : 3 months, 1 week ago IST
Prime Minister Narendra Modi on Saturday said that in an atmosphere of geopolitical uncertainty, India is emerging in a league of its own and moving ahead with deep self-confidence.
Read More
RBI's 25-bps cut seen as appropriate, leaving policy room if growth weaken
Updated : 3 months, 1 week ago IST
The Reserve Bank of India's 25-basis-point repo rate cut in its Monetary Policy Committee meeting today was quite appropriate decision taken at a time of unusually low inflation and expected moderation in economic growth.
Policy rate cut to stimulate credit offtake, reduce borrowing costs: FICCI
Updated : 3 months, 1 week ago IST
Anant Goenka, President, of industry chamber FICCI welcomed the RBI's decision to reduce the repo rate by 25 basis points, asserting that this calibrated easing will help stimulate credit offtake.
Read More
RBI to study SEBI proposal on banks' foray into non-Agri derivatives: Gove
Updated : 3 months, 1 week ago IST
Reserve Bank of India Governor Sanjay Malhotra on Friday said the central bank will study the pros and cons of the markets regulator Securities and Exchange Board of India's (SEBI) proposal that observed that the banks be allowed to foray into non-agricultural derivatives.
Read More
"This was expected": Former Union Finance Minister P Chidambaram on RBI re
Updated : 3 months, 1 week ago IST
Speaking to ANI, P Chidambaram said, "This was expected because according to RBI and government data, the inflation has come down. Wholesale Inflation has also come down, and there is enough liquidity. Therefore, this was expected that the RBI cut the policy rate by 25 basis points. It sh
Read More
RBI cuts key rate by 25 bps to 5.25% amid robust GDP growth, record low in
Updated : 3 months, 1 week ago IST
The Reserve Bank of India on Friday announced a 25 basis points reduction in the policy repo rate, bringing it down to 5.25 per cent.
Read More
RBI Governor to announce policy rate today; Experts split as Economists ex
Updated : 3 months, 1 week ago IST
The Reserve Bank of India (RBI) Governor Sanjay Malhotra will announce the policy rate today at 10 am as the three-day Monetary Policy Committee (MPC) meeting concludes on Friday.
Read More
India needs transparent GDP methods, robust surveys to reflect true state
Updated : 3 months, 1 week ago IST
India should adopt transparent methodologies, robust surveys, and simultaneous index updates in GDP calculations to accurately assess the true state of the economy, highlighted a report by Systematix Research.
Read More
RBI likely to hold rate at 5.5% in policy announcement on Friday; inflatio
Updated : 3 months, 1 week ago IST
The Reserve Bank of India (RBI) is expected to keep the policy repo rate unchanged at 5.5 per cent and maintain its existing stance in the upcoming December Monetary Policy Committee (MPC) meeting, a report by YES Bank said.
Read More
Despite tax short-fall, Govt on track to meet fiscal deficit and CAPEX tar
Updated : 3 months, 1 week ago IST
The government is on track to meet the fiscal deficit and capital expenditure (CAPEX) targets for the current financial year, supported by strong non-tax revenue inflows and front-loaded spending across key sectors, according to Ranen Banerjee, Partner and Economic Advisory Leader at PwC
Read More
India's fiscal strength, rising consumption set stage for robust equity ma
Updated : 3 months, 1 week ago IST
India's strong economic fundamentals and accelerating growth momentum are creating a favourable environment for equities, according to a report released by Kotak Mutual Fund.
Read More