Pranjul Bhandari, Chief India Economist at HSBC, said "During November, services sector employment notably grew at the fastest pace ever recorded since this survey began in 2005. The hiring surge reflected the sector's improving business confidence, growing new orders, and vigorous internati
India's consumer price inflation (CPI) is expected to remain above 5 per cent for the rest of 2024, according to a recent report by the State Bank of India (SBI).
The downgrade comes after the growth slowdown in the quarter ending September 2024. India's GDP growth slowed to 5.4 per cent year-on-year (YoY) in the July-September quarter of 2024, marking its lowest level since March 2023.
The Reserve Bank of India (RBI) is expected to keep policy rates unchanged in the upcoming Monetary Policy Committee (MPC) meeting scheduled from December 4 to December 6, according to a report by the State Bank of India (SBI).
The Pakistani government raised the prices of petrol and diesel on Saturday, adding to the financial strain on the public as inflation continues to rise, according to ARY News.
Small traders and shopkeepers in Pakistan are deeply concerned as their sales have dropped by 70 per cent and continue to fall, driven by the economic instability caused by political unrest.
The Communist Party of India (Marxist) launched a major movement against anti-people policies by organizing its 18th state convention in Himachal Pradesh on Thursday. Held in Shimla, the event began with a protest rally highlighting pressing issues such as rising inflation, unemployment, and
Amid chaos over a Rajasthan court accepting Hindu Sena's petition claiming Ajmer Sharif Dargah to be Lord Shiva's temple, Azad Samaj Party's National President Chandrashekhar Azad on Thursday lashed out central government, saying that Sambhal, Gyanvapi, Ajmer, all these "dramas" are being
S&P Global Ratings on Monday retained India's GDP forecast for the current financial year 2024-25 at 6.8 per cent while cutting economic growth forecasts for the next two years.
Ahead of the winter session of the Parliament that is to be held on Monday, Congress MP Pramod Tiwari said that issues on inflation, unemployment, anarchy, including other issues would be discussed in the Parliament.