In a recent report released by India Ratings and Research, projections suggest that India could ascend to the status of an upper middle-income economy by…
View More India’s Economic Trajectory Towards Upper Middle-Income Statusindian economy news
India’s Forex Reserves Decline: A Weekly Analysis
The latest weekly data released by the Reserve Bank of India (RBI) has revealed a notable decline in India’s foreign exchange reserves. According to the…
View More India’s Forex Reserves Decline: A Weekly AnalysisIndian Business Activity Surges to Seven-Month High, Driving Economic Optimism
Indian business activity reached its peak in February, marking a significant surge in both manufacturing and services sectors. A recent business survey revealed that demand…
View More Indian Business Activity Surges to Seven-Month High, Driving Economic OptimismRBI Monthly Bulletin Forecasts Continued Growth Trajectory for Indian Economy
The Reserve Bank of India’s (RBI) monthly bulletin suggests that the growth trajectory of the Indian economy, witnessed in the first half of the current…
View More RBI Monthly Bulletin Forecasts Continued Growth Trajectory for Indian EconomyGoldman Sachs forecasts 100 million affluent individuals in India by 2027
The Goldman paper claims that a robust economy, steady monetary policy, and rapid credit expansion have all contributed to the rise in the purchasing power…
View More Goldman Sachs forecasts 100 million affluent individuals in India by 2027IMF Predicted general government debt is projected to exceed 100% of India’s GDP in the near future
The International Monetary Fund (IMF) has expressed concern over India’s long-term debt sustainability. According to Business Standard, it warned that general government debt is projected…
View More IMF Predicted general government debt is projected to exceed 100% of India’s GDP in the near futureDuring this festive season, retail markets in India have witnessed a record trade of Rs 3.75 lakh crore
According to the traders’ association CAIT, retail markets in India have already seen record trade of Rs 3.75 lakh crore in this festive season. According…
View More During this festive season, retail markets in India have witnessed a record trade of Rs 3.75 lakh croreFICCI-IBA Survey: Credit growth has improved, demonstrating solid demand conditions
In the fiscal year that ended in March 2023 and the first quarter of the current fiscal year, respectively, India’s economy grew by 7.2% and…
View More FICCI-IBA Survey: Credit growth has improved, demonstrating solid demand conditionsDecline of base effects could be the cause of the slowing Indian Economy: World Bank report
Even though it will be slower than the 7.2 percent recorded in the previous fiscal year, growth is predicted to remain high at 6.3 percent.…
View More Decline of base effects could be the cause of the slowing Indian Economy: World Bank reportUnion Minister Anurag Thakur spoke on the challenges that might hinder India from being a $5 trillion economy
Anurag Thakur, a Union Minister, discussed the difficulties that could prevent India from developing into a $5 trillion economy. The minister cited terrorism, organised crime,…
View More Union Minister Anurag Thakur spoke on the challenges that might hinder India from being a $5 trillion economy