The State Bank of India in a report projects that India's real GDP will grow by 7.0 per cent year-on-year in FY25, which is slightly lower than the RBI's forecast of 7.2 per cent.
New Delhi [India], March 16: Despite global headwinds, India's steel sector showed a robust growth of ~8 per cent in past years. This robust performance of the sector was achieved over significant demand generation from sectors which includes construction, infrastructure, automobile, enginee
India’s manufacturing sector remains positive during the first quarter of 2023-24 (April-June) despite global headwinds, industry body Federation of Indian Chambers of Commerce and Industry's (FICCI) latest quarterly survey revealed.
Addressing a community event in Sydney on the second day of his visit to Australia, PM Modi said that IMF considers India a bright spot in the global economy and the World Bank believes that if anyone is challenging global headwinds, it is India
Today the International Monetary Fund considers India a bright spot in the global economy and the World Bank believes that if anyone is challenging global headwinds, it is India, said Prime Minister Narendra Modi in Sydney, Australia, on Tuesday.
According to a statement from the company, the tyre maker's net revenues went up 22 per cent to Rs 14,681 crore over the figure in the previous year's corresponding period.
Prime Minister Narendra Modi on Tuesday said that the country has demonstrated resilience despite a challenging global environment, adding that India is being seen as a "vibrant spot of development".
ASSOCHAM President Ajay Singh said, "Though India remains the fastest-growing nation amongst the major economies, growth is uneven even as the global headwinds from volatile energy prices, geo-political developments and threat of recession in major economies need to be watched with an abunda
Gurugram (Haryana) [India], February 14 (ANI/PRNewswire): According to the Decoding Jobs 2023 India Report by Taggd, prepared in collaboration with the Confederation of Indian Industry (CII), Indian companies are signaling a cautiously optimistic hiring intent at 20 per cent for 2023 as comp
The Indian economy is confronting strong global headwinds but sound macroeconomic fundamentals and healthy financial and non-financial sector balance sheets are providing strength and resilience and financial system stability, said RBI in its Financial Stability Report on Thursday.
RBI Governor Shaktikanta Das acknowledged the crucial role played by the commercial banks in supporting economic growth throughout the turbulent times since the outbreak of the pandemic and the ongoing financial market turmoil.