India's GDP growth for the second quarter of the current fiscal year could be around 6.5 per cent, according to a report by the State Bank of India (SBI).
The result of US presidential election will have significant impact on Chinese government trade policies. A recent report by Barclays says if Donald Trump returns to power, it could escalate tensions between the U.S. and China into a full-scale trade war.
The International Monetary Fund (IMF) has forecasted an improvement in Austria's economy next year, with real GDP growth projected at 1.1 per cent compared to the current economic situation.
The key assumptions used to finalise Pakistan's USD 7 billion deal with the International Monetary Fund (IMF) has gone haywire within a month of its approval, leaving the authorities concerned with an option either to renegotiate the package or keep suffocating the economy through more taxes
The persistent pressure of elevated food prices continues to drive inflation, suggesting that any potential reduction in interest rates will hinge on evidence of stable inflation trends nearing the RBI's target of 4 percent. As such, market participants may need to brace for a prolonged peri
According to JSW, the agreement establishes a framework for collaboration in steel production, battery materials, and renewable energy. This collaboration comes amid India's strong economic growth, which has spurred steel demand at a rate exceeding GDP growth.
The International Monetary Fund (IMF), in its latest World Economic Outlook report, has highlighted a significant global shift in manufacturing production towards emerging markets like India and China, as advanced economies lose competitiveness.
The IMF retained its growth rate projects for India in its latest World Economic Outlook (WEO) and expects India to grow at 7 per centi n the current fiscal year ending March 31, 2025 and 6.5 per cent in the next fiscal year (FY2025-26).
"India can't grow only on the back of services. India needs to become a manufacturing nation. 17.5 per cent of your GDP comes from manufacturing. You need to take it to 25 per cent. You need to urbanize, because 500 million people are going to get into the process of urbanization in the next
India's growth outlook is supported by robust domestic engines, in spite of geopolitical tensions, asserted the RBI's monthly bulletin published on Monday.
The revenue disparity among Indian states continues to be significant, while some states have shown revenue growth in FY25 but others have reported a revenue contraction, highlighted a report by National Stock Exchange