India's growth was expected to be about 6% by Goldman Sachs, lower than the RBI's forecast of 6.5%.

India’s growth was expected to be about 6% by Goldman Sachs, lower than the RBI’s forecast of 6.5%

India’s economic growth is expected to be 6 percent, according to global investment bank Goldman Sachs, which is less than the Reserve Bank of India’s…

View More India’s growth was expected to be about 6% by Goldman Sachs, lower than the RBI’s forecast of 6.5%
According to a report, between FY20 and FY23, the economy added nearly 5.2 crore new formal jobs.

According to a report, between FY20 and FY23, the economy added nearly 5.2 crore new formal jobs

According to a report based on a review of the EPFO, NPS, and ESIC statistics, the economy generated over 5.2 crore new formal jobs between…

View More According to a report, between FY20 and FY23, the economy added nearly 5.2 crore new formal jobs
Vegetable price reductions caused India's retail inflation to decline more than anticipated from 7.44% to 6.83%.

Vegetable price reductions caused India’s retail inflation to decline more than anticipated from 7.44% to 6.83%.

Retail inflation in India decreased more than anticipated, with lower vegetable prices being a major factor. It continued to be over the central bank’s target…

View More Vegetable price reductions caused India’s retail inflation to decline more than anticipated from 7.44% to 6.83%.
Today's release of CPI data is anticipated, and the CPI for August is expected to be 7.08 percent.

Today’s release of CPI data is anticipated, and the CPI for August is expected to be 7.08 percent

Today, September 12, 2023, the Consumer Price Index (CPI) data for August is anticipated to be made public.  According to a CNBC-TV18 poll, the CPI…

View More Today’s release of CPI data is anticipated, and the CPI for August is expected to be 7.08 percent
Deloitte: India must grow at a rate of 8–9% annually to become a developed nation by 2047

Deloitte: India must grow at a rate of 8–9% annually to become a developed nation by 2047

According to Prime Minister Narendra Modi’s goal of having a developed country by 2047, India must expand at an annual rate of 8 to 9…

View More Deloitte: India must grow at a rate of 8–9% annually to become a developed nation by 2047
Vegetable price cooling caused an August drop in inflation, but it is still higher than the RBI's target

Although August saw a decrease in inflation due to a cooling in vegetable prices, it is still higher than the RBI’s target.

India’s inflation rate likely declined in August after reaching a 15-month high in July as a result of dropping vegetable prices, according to a Reuters…

View More Although August saw a decrease in inflation due to a cooling in vegetable prices, it is still higher than the RBI’s target.
Growth witnessed in India’s services sector amid inflationary pressures

Growth witnessed in India’s services sector amid inflationary pressures

According to a business survey, exports reached a record high on strong global demand in August, even while growth in India’s dominant services sector slowed…

View More Growth witnessed in India’s services sector amid inflationary pressures
India aims to close a China-sized gap in global economic growth

India aims to close a China-sized gap in global economic growth

India is experiencing a moment as China becomes more and more isolated and the US and its allies look for a developing market champion. And is…

View More India aims to close a China-sized gap in global economic growth
stands 16.5 years behind China on average

In terms of major business and economic metrics, India stands 16.5 years behind China on average

According to the latest data by brokerage firm Bernstein, India is a median 16.5 years behind China on broad business and economic indicators. Read More:…

View More In terms of major business and economic metrics, India stands 16.5 years behind China on average
Purchasing Managers' Index increased to 58.6 last month from 57.7 in July, the highest level since May

India’s manufacturing growth surged at the quickest pace in three months

A private survey, which also revealed that job creation was at a four-month low, indicated that India’s manufacturing growth surged at the quickest pace in…

View More India’s manufacturing growth surged at the quickest pace in three months