The World Bank has upwardly revised India's GDP growth forecast for the current financial year 2024-25 by 20 basis points to 6.6 per cent from its earlier projection of 6.4 per cent made in January.
Industry leaders and economists widely accepted RBI's monetary policy stand of no change in interest rates. Besides upward projection of GDP growth for FY25 from 7 per cent to 7.2 per cent is welcomed by the Industry.
Indian markets continued their upward trend and Sensex touched all-time high after the Reserve Bank of India (RBI) announced on Friday that it would keep policy rates unchanged at 6.5 percent and Narendra Modi will again take oath of Prime Minister of India.
India's commercial vehicle sales registered positive growth in May, the commercial vehicle market saw notable performance improvements from major manufacturers, signaling a robust and growing industry.
India's gross domestic product (GDP) surpassed all expectations and stood at 7.8 per cent in the January-March quarter. The full-year 2023-24 GDP has been revised upwards to 8.2 per cent from the second advance estimate of 7.6 per cent, according to data released on Friday by the Ministry
Extreme heatwave conditions in Delhi continue to push the city's power demand upwards. According to the State Load Despatch Centre (SLDC) data, Delhi's peak power demand reached 8302 MW at 3:36 pm on Wednesday.
Mumbai (Maharashtra) [India], May 28: Mumbai's real estate landscape has evolved significantly, driven by factors like population growth, infrastructure expansion, and governmental policies. The Cushman & Wakefield's report on Chembur, mentions this micro market having emerged as one of
The Indian benchmark indices are expected to witness a gradual upward movement in the coming week after the strong performance last week, which closed on a flyer, say market analysts.
The United Nations upwardly raised India's economic growth projections for 2024 from 6.2 per cent to 6.9 per cent mainly driven by strong public investment and resilient private consumption, joining IMF that recently upped the country's growth forecast.