India's economy is projected to grow at a faster pace in the third quarter of the current financial year (October-December 2024) compared to the first half (April-September 2024), according to a report by ICRA.
Alarmingly, 30 per cent of this exposure is tied to the transport sector. In India alone, USD 400 billion worth of transport assets are at risk, highlighting the necessity for immediate resilience measures to safeguard critical infrastructure and ensure sustainable growth.
The weakness witnessed in the Indian economy, particularly in the recent quarter, is behind us, said the RBI's November bulletin released on Wednesday.
Secretary to the Department of Economic Affairs, Ajay Seth, on Wednesday asserted that the government doesn't see any significant downside risks on economic growth, despite a slight slowdown and an uptick in inflation.
The global economy faces a challenging landscape in 2025 characterized by subdued growth and heightened uncertainty, according to a report from Barclays Bank.
In a conference held in Mumbai, Former Union minister and Congress leader P Chidambaram expressed over the rising unemployment rate and poverty in Maharashtra and said that the people need to think before voting for their government.
Without changed policies, Belgium risks its budget deficit rising to 4.9 per cent of GDP in 2025, the European Commission has warned in its new economic growth forecast.
This growth, a 14 per cent CAGR - nearly double the pace of India's GDP, signifies a fundamental shift in how Indians consume and engage with sports, driven by increasing government investments, multi-sport culture, wide digital adoption, and a range of sports content.
New Delhi [India], November 12: Launching our Global Economic Forum Summit at Russia Brochure by Dr Hari Krishna Maram Founder Chairman Global Economic Forum along with Chief Adviser to the Russian President and Executive Secretary of the Eastern Economic Forum EEF Organizing Committee Anto
India's economy is expected to grow by 6.9 per cent in the second quarter of the current financial year, surpassing the 6.7 per cent growth rate recorded in the first quarter, highlighted a report by Bank of Baroda.
Going ahead, the government will release GDP figures at 4 pm instead of the earlier convention of 5.30 pm, the Ministry of Statistics and Programme Implementation said in a statement Friday.
RBI Governor Shaktikanta Das said on Wednesday that capital expenditure spending of the centre and states are picking up but high subsidy outgo is a concern.