According to a recent report by the State Bank of India (SBI), the moderation in India's GDP growth for the first quarter (Q1) of the financial year 2024-25 (FY25) is still higher than the average decadal growth of 6.4 per cent for Q1.
Former President Donald Trump underscored his commitment towards curbing inflation to make the country more affordable, advocating for the working-class Americans, rooting out government corruption, and safeguarding free speech. The remarks by the Republican presidential candidate came as
Congress workers along with state Congress chief Jitu Patwari, Leader of Opposition Umang Singhar, Youth Congress national president Srinivas BV, state youth Congress president Mitendra Singh and other senior leaders moved ahead from Rangmahal crossing to gheraoed the CM house but they were
India's textile sector is poised for a significant upswing during the second half of (financial year) FY25, highlighted a report by Systematix Institutional Equities.
Agricultural conditions are worsening in Pakistan-occupied Jammu and Kashmir (PoJK) due to the high cost of fertilizers, the revocation of subsidies, issues with the irrigation system, water shortages, and expensive seeds.
The Jamaat-e-Islami (JI) Naib, Emir Liaqat Baloch announced that the religio-political party would hold a shutter-down strike across the country on August 28 to mount pressure on the government to provide relief to the masses, Geo News reported.
Retorting back to Rashtriya Janata Dal (RJD) leader Tejashwi Yadav's claims of Bihar being number one in unemployment, poverty, inflation, corruption, and crime, Bihar Deputy CM Samrat Choudhary said on Sunday that it's RJD supremo Lalu Yadav who "destroyed" Bihar.
Going ahead into next week, GDP updates will be eagerly awaited, notably including from India (August 30) and the US, S&P Global Market Intelligence said in its weekly report Week Ahead Economic Preview. Inflation readings out of the US and eurozone will be the highlights in the coming w
US Federal Reserve Chair Jerome Powell gave a strong indication that it was time for the US central bank to reduce interest rates as inflation rates were aligning with its target.
The easing inflation and weakening job market trends in the US, as revealed in the recent figures will push the Federal Reserve to cut interest rates which will lead to lower rates in developing countries like India, indicates S&P Global on Friday.
Das said, "Inflation is gradually trending down, but the pace is slow and uneven. The durable alignment of inflation to the target of 4.0 per cent is still some distance away. Persistent food inflation is imparting stickiness to headline inflation. Inflation expectations need to be kept a