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RBI to keep repo rate unchanged at meeting next week, chances of rate cut
Updated : 1 year, 3 months ago IST
The Reserve Bank of India (RBI) is expected to maintain its policy rate during its upcoming meeting next week, as GDP growth slowed significantly in the second quarter of FY25. However, the likelihood of a rate cut in February has increased, according to a report by HDFC Bank.
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India's GDP expected to fall below 6.5 pc in FY25 amid slowdown in GDP gro
Updated : 1 year, 3 months ago IST
India's GDP is expected to fall below 6.5 per cent for the current financial year 2025, as GDP growth in the second quarter (Q2 FY25) slowed to 5.4 per cent, according to a report by the State Bank of India (SBI).
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India's GDP growth slips in Q2; Experts revise FY25 projections amid manuf
Updated : 1 year, 3 months ago IST
Upasna Bhardwaj, chief economist at Kotak Mahindra Bank, noted that the sharp dip in GDP growth reflects the disappointing corporate earnings data, particularly in the manufacturing sector, which appears to have faced the brunt of the slowdown.
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India's Q2 GDP slows to 5.4%, sharply lower than Reserve Bank estimates of
Updated : 1 year, 3 months ago IST
The Indian economy grew by 5.4 per cent in real terms in the July-September quarter of the current financial year 2024-25, Ministry of Statistics and Programme Implementation's official data showed on Friday. The quarterly growth was quite lower than RBI's forecast of 7 per cent.
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NBFCs growth to remain under pressure amid loan disbursement slowdown, tig
Updated : 1 year, 3 months ago IST
The growth of non-banking financial companies (NBFCs) in India is expected to remain under pressure in the financial year 2025 due to a slowdown in loan disbursements and regulatory challenges, according to a report by Nomura.
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Weakest 5 pc corporate earnings in last five years forecast for FY25 by Mo
Updated : 1 year, 3 months ago IST
Nifty earnings are expected to witness a modest growth of 5 per cent in FY25, marking the first year of single-digit growth in the past five years, according to a report by Motilal Oswal.
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Cement industry to add 70-75 million MT capacity in two years amid slowdow
Updated : 1 year, 3 months ago IST
The cement industry in India is expected to witness a significant capacity expansion of 70-75 million metric tonnes (MT) over the next two years, according to the rating agency ICRA.
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"Felt it at that moment": Jaiswal's response on "coming too slow" exchange
Updated : 1 year, 4 months ago IST
India's dynamic opener, Yashasvi Jaiswal, opened up about his exchange with Australia's Mitchell Starc on Day 2 of the Border-Gavaskar Trophy.
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Goldman Sachs projects India's GDP growth at 6.3% in 2025
Updated : 1 year, 4 months ago IST
Multinational investment bank Goldman Sachs forecasts India's GDP growth to decelerate to 6.3 per cent in 2025, over continued fiscal consolidation and slower credit growth.
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"It's coming too slow": Yashasvi Jaiswal engages in fiery exchange with Mi
Updated : 1 year, 4 months ago IST
India opener Yashasvi Jaiswal and Australian spearhead Mitchell Starc were involved in a fiery battle during the second session on day two of the first Test of the ongoing Border-Gavaskar Trophy in Perth. The confrontation began with Jaiswal directing a stinging sledge at Starc, sparking a
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Consumer staple demand recovers in rural areas, urban areas witness slowdo
Updated : 1 year, 4 months ago IST
This divergence reflects the varied impact of inflation and income dynamics on consumer spending patterns. The slowdown in urban demand was particularly pronounced in specific categories, channels, and consumer segments.
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Labuschagne plays slowest Test knock for Australia, continues poor run in
Updated : 1 year, 4 months ago IST
Labuschagne registered this unfortunate record during the first Test of the Border-Gavaskar Trophy against India at Perth's Optus Stadium on Friday.
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