US tariffs likely to affect US GDP by 40-50 bps: SBI Report

The recent move by the United States to impose steep tariffs on Indian goods is expected to weigh on the U.S....

S&P cuts US growth forecast but rules out chances of a recession

S&P Global Ratings has lowered the US GDP forecast for 2025, sharply by 50 basis points to 1.5 per cent, while...

S&P lowers India’s growth forecast, second time in two months

The Reserve Bank of India also recently lowered the growth forecast for the current fiscal 2025-26 to 6.5 per cent...

Recovery in global market buoys India stocks, Sensex up 820 pts

Going ahead, inflation data for July will be widely eyed, scheduled to be released early next week.

Middle-income trap hinders progress of India, China: World Bank

Drawing on lessons of the past 50 years, the World Development Report 2024 finds that as countries grow wealthier,...

Indian stocks slump after four day of gains

Snapping a four-day winning streak, Indian stock indices closed sharply lower on Thursday, primarily due to risk...

India is set to become the third-largest economy by 2030

According to S&P Global, India standing at the forefront of this economic transformation, is poised to become...

Fitch raises global growth outlook as economic activities firm

Fitch Ratings has raised the global growth forecast for 2023 to 2.4 per cent from its March estimate of 2.0 and...

Markets extend losses, Sensex falls below 59,800 in morning trade

BSE Sensex dropped below 59,800 level as it declined 479 points to 59,637.06 while NSE's Nifty 50 fell 141 points to...

US economy expands 2.9 pc in December quarter

"The increase in private inventory investment was led by manufacturing (mainly petroleum and coal products as well...

US economy shrinks for second quarter, furthers recession fears

Washington [US], July 28 (ANI): Real gross domestic product (GDP) in the US decreased at an annual rate of 0.9 per...

US GDP falls for second-straight quarter

Washington [US], July 28 (ANI): US Gross Domestic Product contracted by 0.9 per cent in the second quarter of this...