In FY25, Punjab is set to experience financial challenges as its capital-to-revenue expenditure ratio is the lowest among all states, standing at just 6.2 per cent, highlighted a research report by National Stock Exchange.
The current account deficit (CAD) for FY25 is expected to remain within 1 per cent to 1.2 per cent of GDP. Stable Foreign Direct Investment (FDI) flows and strong Foreign Portfolio Investment (FPI) inflows, driven by favorable interest rate differentials and policies aimed at integrating Ind
Prime Minister Narendra Modi will visit Russia from October 22-23 to attend the 16th BRICS Summit, being held in Kazan, under the Chairmanship of Russia.
Mumbai (Maharashtra) [India], October 18: Dun & Bradstreet, a global leader in business decisioning data and analytics, released the Composite Business Optimism Index (BOI) for Q4 2024, which stands at 94.8, 20.2% higher than Q3 2024. All the six optimism indices have shown improvement,
Bangladesh's post-Covid recovery continues to be impacted by high inflation, balance of payments deficit, financial sector vulnerabilities, and increasingly limited job opportunities for its youth, especially women and educated youth, says the World Bank in its twice-yearly-update, released
"I think when you look at this country, what's going to happen, in my opinion, by the end of this century, it won't just be India's century, India will be literally 100 per cent bigger than China on GDP." said John Chambers
Mumbai (Maharashtra) [India], October 14: Dun & Bradstreet, a leading global provider of business decisioning data and analytics, along with UGRO Capital, a leading DataTech non-banking financial company (NBFC) specializing in lending to micro, small and medium enterprises (MSMEs), ha
The World Bank has raised India's economic growth forecast from 6.6 per cent to 7.0 per cent for the financial year 2024-25 citing the growth of agriculture output and policies as a major factor contributing to the employment growth in the economy.
Reserve Bank of India's (RBI) decision to keep the repo rate unchanged and change the policy stance to neutral indicates that inflation is still the main concern for the central bank, according to a research report by Union Bank of India.
After the RBI projected more than 7 per cent of GDP growth for the entire financial year 2024-25, a latest report by State Bank of India noted that a rate cut with a 7 per cent growth never happened in the history.
Joshi said, "This signals circumspection, it also underscores the likelihood of a rate cut in December. The outsized US Federal Reserve rate cut of 50 basis points in September marked complete and a decisive turn in monetary policy among major central banks. Yet, for emerging market peers, d