India's economy expands 0.4% in Oct.-Dec., ending recession
3 years, 10 months ago

India's economy expands 0.4% in Oct.-Dec., ending recession

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy India’s economy expanded by a weaker-than-expected 0.4% in the October-December quarter, which still allowed it to escape recession following large contractions in the two previous quarters during the coronavirus pandemic, the government said Friday. India’s economy contracted by 7.5% in the July-September quarter following a record plunge of 23.9% in the previous three months. India’s central bank, the Reserve Bank of India is projecting gross domestic product growth of 10.5% in financial year 2021-22.

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IMF MD forecasts ‘little weaker’ Indian economy in 2025 despite global growth, US trade policy in focus
4 days, 2 hours ago

IMF MD forecasts ‘little weaker’ Indian economy in 2025 despite global growth, US trade policy in focus

Live Mint  

International Monetary Fund MD Kristalina Georgieva has predicted that the Indian economy is likely to be “a little weaker” in 2025 despite pojected steady global growth, according to a PTI report. She cited uncertainty around the United States trade policy under the coming Donald Trump administration as the key factor affecting the Indian and other world economy this year, it …

The week in charts: GDP estimate, Nadella’s plan, ₹100 crore homes
4 days, 6 hours ago

The week in charts: GDP estimate, Nadella’s plan, ₹100 crore homes

Live Mint  

The first advance estimates released on Tuesday forecast India's growth at 6.4%, the slowest in four years. Services dominance India’s services exports surpassed goods exports, reaching $35.7 billion—about $3 billion more than goods--in November 2024, preliminary data showed. India’s share in global services exports has steadily grown, reaching 4.2% by 2023, while its share in goods exports has remained flat …

India’s economy projected to grow 6.6% in 2025, driven by private demand, investment: UN
4 days, 15 hours ago

India’s economy projected to grow 6.6% in 2025, driven by private demand, investment: UN

Live Mint  

The Indian economy is projected to expand by 6.6 per cent in 2025, primarily supported by robust private consumption and investment, according to a United Nations report. It also said that the near-term outlook for South Asia is expected to remain robust, with growth projected at 5.7 per cent in 2025 and 6.0 per cent in 2026, “driven by strong …

India’s Growth Slowdown Meets Global Headwinds
4 days, 17 hours ago

India’s Growth Slowdown Meets Global Headwinds

The Hindu  

Published : Jan 10, 2025 18:40 IST - 5 MINS READ Reams of news space were occupied this week by the analysis of the growth snafu that India has hit. The first set of advance estimates for FY25 has pegged India’s real GDP growth at 6.4 per cent. It is also lower than the Reserve Bank of India’s current projection …

India’s Industrial Output Hits 6-Month High at 5.2%
4 days, 17 hours ago

India’s Industrial Output Hits 6-Month High at 5.2%

Deccan Chronicle  

India's industrial output growth accelerated to a six-month high of 5.2 per cent year-on-year in November 2024 against the backdrop festive demand and pick-up in manufacturing sector. As per use-based classification, the data further showed that the capital goods segment growth accelerated to 9 per cent in November 2024 against a contraction of 1.1 per cent in the year-ago period. …

India’s industrial production expands to six-month high of 5.2% in November
4 days, 20 hours ago

India’s industrial production expands to six-month high of 5.2% in November

Live Mint  

India's industrial output surged to a six-month high of 5.2% annually in November, driven by strong gains in the manufacturing sector. Manufacturing output rose 5.8% in November, while electricity generation and mining activity grew by 4.4% and 1.9%, respectively, according to the latest data released by the Ministry of Statistics and Programme Implementation on Friday. Despite the November rebound, industrial …

India’s economy projected to grow 6.6% in 2025, supported by strong private consumption, investment: UN
5 days ago

India’s economy projected to grow 6.6% in 2025, supported by strong private consumption, investment: UN

The Hindu  

The Indian economy is projected to expand by 6.6% in 2025, primarily supported by robust private consumption and investment, according to a United Nations report that said economic growth in South Asia is expected to remain robust this year mainly driven by the "strong performance" in India. The UN World Economic Situation and Prospects 2025, released in United Nations on …

Decoding India’s growth slowdown
Trending News
5 days, 3 hours ago

Decoding India’s growth slowdown

The Hindu  

The first advance estimates of India’s Gross Domestic Product in 2024-25, released by the National Statistics Office this week, shows a decline in the real GDP growth rate to 6.4% from 8.2% registered in 2023-24. The annual growth rates of real gross fixed capital formation in public and private sectors During the 10 years of the United Progressive Alliance rule, …

​Growth chill: On the economy
6 days, 12 hours ago

​Growth chill: On the economy

The Hindu  

The National Statistics Office has confirmed emerging fears about the economy’s evidently sluggish trajectory through this year in its first Gross Domestic Product estimates for 2024-25. While the election-focused first quarter hit public capital spending, the second quarter was marred by weak demand and still underwhelming public capex, dragging GDP growth to a seven-quarter low of 5.4%. The NSO’s projection …

DC Edit | Fall in consumption signals economic slump lies ahead
6 days, 12 hours ago

DC Edit | Fall in consumption signals economic slump lies ahead

Deccan Chronicle  

The Indian economy is likely to record the slowest growth in the last four years at 6.4 per cent in the next financial year 2024-25, according to the first advance estimates released by the government on Tuesday. The growth in the manufacturing sector, constrained by weak exports and slowing global demand, is expected to muted at 5.3 per cent from …

Indian Stock Market 2025: Balancing challenges with strong growth prospects
6 days, 19 hours ago

Indian Stock Market 2025: Balancing challenges with strong growth prospects

Live Mint  

In 2024, the Indian stock market delivered decent returns to investors, with the BSE Sensex rising by 8.17% and the National Stock Exchange Nifty50 climbing 8.8%. This was despite numerous challenges throughout the year, including heavy selling by foreign institutional investors, weak corporate results in the second quarter, unfavourable weather conditions, geopolitical tensions between Iran and Israel, as well as …

SBI downgrades India’s GDP growth forecast to 6.3% for FY25, citing economic challenges
Trending News
1 week ago

SBI downgrades India’s GDP growth forecast to 6.3% for FY25, citing economic challenges

Live Mint  

The State Bank of India SBI's revised forecast for FY25 GDP growth in India is 6.3%, which is a little less than the 6.4% estimate from the National Statistical Office. In its initial advance GDP projections, the National Statistical Office estimated that India's real GDP growth would be 6.4% in FY25. GDP growth likely to slip to 6.4% in FY25: …

Why the 6.4% GDP growth estimate for FY25 should worry Modi govt
Top News
1 week ago

Why the 6.4% GDP growth estimate for FY25 should worry Modi govt

India Today  

The first advance estimates of GDP growth for FY25 have confirmed the worst fears of economists—that growth will fall much below the 7 per cent estimated by the Reserve Bank of India. India’s GDP growth for the second quarter was 5.4 per cent, down from 6.7 per cent in the first quarter and way below the 8.1 per cent in …

GDP growth in FY25 may hit 4-year low. Is Indian economy losing steam?
Top News
1 week ago

GDP growth in FY25 may hit 4-year low. Is Indian economy losing steam?

India Today  

India’s economic growth is expected to slow sharply to 6.4% in FY25, according to the first advance estimates released by the government. SECTORAL GROWTH MODERATION Dr. Manoranjan Sharma, Chief Economist at Infomerics Ratings, explained, “India’s GDP is expected to grow by 6.4% in FY25 over 7.2% in FY24. These shifts in consumer behaviour underline a broader transition in India’s consumption …

Stock market opening bell: Sensex, Nifty open flat amid mixed global cues in early trade
1 week ago

Stock market opening bell: Sensex, Nifty open flat amid mixed global cues in early trade

India TV News  

Stock market on January 8: Equity benchmark indices opened flat in early trade on Wednesday amid mixed global cues. Global factors, including higher benchmark Treasury yields, unexpectedly strong US services sector activity in December, and a surge in new job openings despite slower hiring, have contributed to reduced expectations of Federal Reserve rate cuts. Rupee against dollar The rupee depreciated …

Downward revision of GDP growth estimates set gloomy backdrop to Union Budget: Congress
1 week ago

Downward revision of GDP growth estimates set gloomy backdrop to Union Budget: Congress

New Indian Express  

NEW DELHI: The downward revision of GDP growth estimates for the current fiscal calls for radical action to dispel the cloud of growth slowdown and investment chill in the country, the Congress said on Wednesday. In a statement, Ramesh said the advance estimates released by the Union government for GDP growth in the 2024-25 financial year projected a mere 6.4 …

Risks to economy escalating in 2025, says SBICAPS
1 week ago

Risks to economy escalating in 2025, says SBICAPS

Live Mint  

New Delhi: The economic outlook for calendar year 2025 remains cautious, with many of the risks from the last year expected to escalate, leading to heightened uncertainty and volatility, according to SBICAPS. Fresh structural shifts, such as rising currency volatility and the diversification of global supply chains, are unfolding against a backdrop of ongoing trade wars, geopolitical upheavals, and political …

India’s real GDP expected to rise 6.4% in FY25
1 week ago

India’s real GDP expected to rise 6.4% in FY25

The Hindu  

India’s real Gross Domestic Product is expected to rise 6.4% in this financial year, slowing from 8.2% in 2023-24, the National Statistics Office said on Tuesday in its first advance estimates of GDP for 2024-25. The real Gross Value Added in the Indian economy is reckoned to rise 6.4% as well, relative to a 7.2% uptick in 2023-24, with Agriculture …

India's GDP growth may hit 4-year low of 6.4% in FY25, shows government data
1 week, 1 day ago

India's GDP growth may hit 4-year low of 6.4% in FY25, shows government data

India Today  

India’s GDP growth is projected to slow sharply to 6.4% in FY25, down from 8.2% in FY24, according to the first advance estimates released by the National Statistics Office. "Real GDP has been estimated to grow by 6.4% in FY 2024-25 as compared to the growth rate of 8.2% in Provisional Estimate of GDP for FY 2023-24. Real GDP at …

Watch: Indian economy: what to expect in 2025?
1 week, 4 days ago

Watch: Indian economy: what to expect in 2025?

The Hindu  

At the start of 2024, there was a lot of excitement about the Indian economy - the country was one of the fastest growing economies in the world and there was anticipation that India will become a $4 trillion economy in 2024-25 and become the world’s third-largest economy by 2027. However, the latest data from the National Statistics Office showed …

Want growth? Just teach India better, keep everyone healthy and yes, drop those EV subsidies
1 week, 5 days ago

Want growth? Just teach India better, keep everyone healthy and yes, drop those EV subsidies

New Indian Express  

Our current year's budget was presented in July and expected to build on the 8.2% growth in GDP of the previous year. If our economic growth continues on the present trajectory, we are not likely to remain the most attractive FDI destination for long, thereby putting pressure on INR exchange rate. Will large businesses, driven by quarterly performance, be willing …

A sombre December manufacturing PMI curbs enthusiasm
Trending News
1 week, 5 days ago

A sombre December manufacturing PMI curbs enthusiasm

Live Mint  

The pace of business activity in India’s manufacturing sector is slowing, dimming hopes for those rooting for a sharp rebound in gross domestic product growth. Read this | New consumption survey reveals the cracks in the economy Remember, pent-up urban consumption demand coupled with a surge in retail credit from banks were among the key factors that led to sharp …

India’s manufacturing growth at 12-month low in December
Trending News
1 week, 5 days ago

India’s manufacturing growth at 12-month low in December

Live Mint  

New Delhi: India’s manufacturing growth slowed to a 12-month low in December amid a softer increase in factory orders and production, a private survey said. The HSBC India Manufacturing Purchasing Managers Index, compiled by S&P Global, was recorded at 56.4 in December, down from 56.5 in November. According to the survey, at 56.4 in December, the seasonally adjusted HSBC India …

Is India's economy losing steam as 2025 dawns?
2 weeks, 1 day ago

Is India's economy losing steam as 2025 dawns?

New Indian Express  

As 2024 draws to a close, it's becoming evident that India's economic growth is stuck in a game of two halves. Like the Earth's rotation that lights up only half the planet, leaving the other half in darkness, the country's economy too is rocking on its axis, lighting up some sectors, but leaving others behind. In short, as the economy …

2024 yearender: A year marred by great economic uncertainties
2 weeks, 1 day ago

2024 yearender: A year marred by great economic uncertainties

Hindustan Times  

Donald Trump will take charge as the US President for the second time on January 20, 2025. In a move that could have far-reaching consequences for the world economy, Trump has promised imposition of large-scale tariffs as a bargaining tool to buttress US’s economic dominance and well-being vis-à-vis other countries. Should Trump enter into an open conflict with the US …

Prospects for Indian Economy Improving Says RBI Gov
2 weeks, 1 day ago

Prospects for Indian Economy Improving Says RBI Gov

Deccan Chronicle  

Mumbai: Amidst an uncertain global macroeconomic and financial environment, the Indian economy is exhibiting resilience and stability with the Gross Domestic Product projected to grow at 6.6 per cent in 2024-25. The growth would be aided by the revival in rural consumption, pickup in government consumption and investment and strong services exports said the Reserve Bank of India’s Financial Stability …

Consumer, business confidence to drive growth: RBI governor Sanjay Malhotra
2 weeks, 1 day ago

Consumer, business confidence to drive growth: RBI governor Sanjay Malhotra

Live Mint  

Prospects for the Indian economy are expected to improve in 2025 thanks to high consumer and business confidence, Reserve Bank of India governor Sanjay Malhotra said in his foreword to the Financial Stability Report, which pegged the real GDP growth for the current fiscal year at 6.6%. In the bi-annual report released on Monday, Malhotra said that despite global uncertainties, …

India FY25 GDP: Indian economy poised to grow 6.6% in FY25 on revival in urban, rural demand: RBI Report
2 weeks, 1 day ago

India FY25 GDP: Indian economy poised to grow 6.6% in FY25 on revival in urban, rural demand: RBI Report

Live Mint  

India FY25 GDP: India's gross domestic product is projected to grow at 6.6 per cent in 2024-25, aided by a revival in rural consumption, a pickup in government consumption and investment, and strong services exports. RBI's economic review: Key metrics from December issue According to the RBI, the real GDP growth is expected to recover in Q3 and Q4 of …

RBI expresses optimism about Indian economy, gross NPA at 12-year low, GDP to grow at 6.6 per cent
2 weeks, 2 days ago

RBI expresses optimism about Indian economy, gross NPA at 12-year low, GDP to grow at 6.6 per cent

India TV News  

The Reserve Bank of India on Monday said that the bank's asset quality improved further and their gross non-performing assets or bad loans ratio declined to a 12-year low of 2.6 per cent in September 2024. "Buoyed by falling slippages, higher write-offs and steady credit demand, the gross nonperforming assets ratio of 37 scheduled commercial banks fell to a multi-year …

Indian economy to grow at 6.5-6.8 pc in FY25 on higher domestic consumption: Deloitte
2 weeks, 3 days ago

Indian economy to grow at 6.5-6.8 pc in FY25 on higher domestic consumption: Deloitte

Live Mint  

New Delhi, Dec 29 Indian economy is likely to grow at 6.5-6.8 per cent this fiscal and slightly higher between 6.7-7.3 per cent in FY2026, boosted by domestic consumption, Deloitte said on Sunday. Deloitte India Economist Rumki Majumdar said the growth in the first half of the fiscal year 2025 turned out to be slower than estimated as election uncertainties …

India Sees Economic Growth at 6.5% for the Year Through March
2 weeks, 5 days ago

India Sees Economic Growth at 6.5% for the Year Through March

Live Mint  

-- India expects the economy to grow at around 6.5% in the year through March, against 8.2% a year before, after the economy slowed unexpectedly in the July-September quarter. “We expect the economy to grow at around 6.5% in real terms in financial year 2024-25,” the Department of Economic Affairs said in its monthly economic review for November. “India’s growth …

Indian economy to grow nearly 6.5% in FY25 amid global triggers, GDP to bounce back in second-half: FinMin report
2 weeks, 5 days ago

Indian economy to grow nearly 6.5% in FY25 amid global triggers, GDP to bounce back in second-half: FinMin report

Live Mint  

India GDP growth: The Indian economy is expected to grow nearly 6.5 per cent in the current fiscal year 2024-25, closer to the lower end of the 6.5-7 per cent projection, against 8.2 per cent a year before, due to global uncertainties and triggers posing a dampening threat. The Finance Ministry expects a gross domestic product growth of 6.5 per …

India’s Economy Is Likely to Grow by 6.5 per Cent in the Current and the Next Financial Year
2 weeks, 6 days ago

India’s Economy Is Likely to Grow by 6.5 per Cent in the Current and the Next Financial Year

Deccan Chronicle  

New Delhi: India's economy is likely to grow by 6.5 per cent in the current and the next financial year, attributing lower than anticipated expansion in the September quarter to fall in private consumption expenditure and gross fixed capital formation. The economy continued to be negative even in October 2024 at 8.4 per cent, implying that in the first seven …

Indian Economy To Grow At 6.5 Per Cent In FY25 And FY26, Says EY Economy Watch
2 weeks, 6 days ago

Indian Economy To Grow At 6.5 Per Cent In FY25 And FY26, Says EY Economy Watch

ABP News  

The Indian economy is projected to grow at 6.5 per cent in the current and next fiscal year, an EY report revealed. The study showed that real GDP growth slowed down to reach a seven-quarter low of 5.4 per cent in the second quarter in the current 2024-25 fiscal year, in comparison to 6.7 per cent expansion rate clocked in …

Indian Economy To Recover In Q3 As Rural Demand Continues To Climb, Says State Of The Economy Report
Trending News
2 weeks, 6 days ago

Indian Economy To Recover In Q3 As Rural Demand Continues To Climb, Says State Of The Economy Report

ABP News  

India’s gross domestic product growth is expected to make a comeback in the third quarter of the current financial year, the latest State of the Economy report by the Reserve Bank of India revealed. This revival is being backed by robust festive activity and a consistent upswing in rural demand, the report authored by RBI staff including Deputy Governor Michael …

India’s high-frequency indicators recovering in Q3, to lift GDP in H2: RBI December Bulletin
Trending News
3 weeks ago

India’s high-frequency indicators recovering in Q3, to lift GDP in H2: RBI December Bulletin

Live Mint  

Mumbai: Several high-frequency indicators for the third quarter of the current financial year show that the Indian economy is recovering from the slowdown in momentum witnessed in the previous three months ended September, according to a paper in the Reserve Bank of India’s monthly bulletin. The recovery in Q3 of FY25 is being driven by strong festival activity and sustained …

Economy rebounds in Q3 with boost from festivals and rural demand: RBI
3 weeks, 1 day ago

Economy rebounds in Q3 with boost from festivals and rural demand: RBI

India Today  

The Indian economy is recovering from the slowdown in momentum witnessed in the September quarter, driven by strong festival activity and a sustained upswing in rural demand, according to a Reserve Bank of India bulletin released on Tuesday. "High frequency indicators for the third quarter of 2024-25 indicate that the Indian economy is recovering from the slowdown in momentum witnessed …

How the Indian economy fared in 2024, in 9 charts
3 weeks, 1 day ago

How the Indian economy fared in 2024, in 9 charts

Live Mint  

The year 2024 kept governments across the world on tenterhooks, with more than 60 countries, including India, holding elections, injecting uncertainty about how the outcomes would shape future fiscal, monetary, and trade policies. The Indian economy faced several challenges in 2024, from slowing growth to stubborn inflation to risks associated with personal loan growth. While the fight against inflation made …

India in 2025: Challenges are resurfacing but so are opportunities
3 weeks, 5 days ago

India in 2025: Challenges are resurfacing but so are opportunities

Live Mint  

Much has been said about India’s growth slowdown to 5.4% in the quarter ending September. We believe that the bulk of the growth exuberance over the past few years has been led by the rise of ‘new India’, a small but fast growing part of the economy, which comprises several high-tech sectors. After several heady years, the base of ‘new …

Indian economy to grow 6.6% in FY26: Ind-Ra
3 weeks, 6 days ago

Indian economy to grow 6.6% in FY26: Ind-Ra

The Hindu  

India Ratings and Research on Wednesday projected the Indian economy to grow at 6.6% in 2025-26, up from 6.4% in the current fiscal year. Ind-Ra believes investments will be a key growth driver for the Indian economy in FY26, like in FY22 and FY24. While the June quarter GDP growth of FY25 was impacted by the combination of a strong …

India’s GDP growth pegged at 6.6% for FY26 on investment boost: India Ratings
3 weeks, 6 days ago

India’s GDP growth pegged at 6.6% for FY26 on investment boost: India Ratings

Live Mint  

New Delhi: India Ratings and Research on Wednesday said that the country’s economic growth is likely to accelerate to 6.6% in the financial year starting 1 April, from 6.4% it has projected for FY25. Devendra Kumar Pant, chief economist and head, public finance, for India Ratings and Research, told reporters that the Reserve Bank of India’s interest rate cut would …

GDP growth slowing down to 5.4% in second qtr only a temporary blip: Sitharaman
4 weeks ago

GDP growth slowing down to 5.4% in second qtr only a temporary blip: Sitharaman

Live Mint  

Finance minister Nirmala Sitharaman on Tuesday said that economic expansion rate in the last three years had averaged 8.3% and that the “less than expected” 5.4% growth in the September quarter, which followed the quarter in which national polls were held, should not be the basis for forecasting future growth. Responding to a debate in the Lok Sabha, Sitharaman said …

GDP growth slowing down to 5.4% in second qtr only a temporary blip: Sitharaman
4 weeks ago

GDP growth slowing down to 5.4% in second qtr only a temporary blip: Sitharaman

Live Mint  

Finance minister Nirmala Sitharaman on Tuesday said that economic expansion rate in the last three years had averaged 8.3% and that the “less than expected” 5.4% growth in the September quarter, which followed the quarter in which national polls were held, should not be the basis for forecasting future growth. Responding to a debate in the Lok Sabha, Sitharaman said …

Stock Market Outlook: Banks, IT, FMCG, among six most promising sectors for investment in 2025, says StoxBox
4 weeks, 1 day ago

Stock Market Outlook: Banks, IT, FMCG, among six most promising sectors for investment in 2025, says StoxBox

Live Mint  

The Indian stock market crashed on Tuesday, with the benchmark indices Sensex and Nifty 50, falling over a percent each, dragged by heavy selling in banks, IT, metals, auto and FMCG sectors. Here are the most promising sectors for investors in 2025, according to StoxBox: Banking The banking sector, despite facing challenges in 2024, is shifting its focus to asset …

Will India's economic growth pick up pace? Nirmala Sitharaman answers
4 weeks, 1 day ago

Will India's economic growth pick up pace? Nirmala Sitharaman answers

India Today  

Finance Minister Nirmala Sitharaman on Tuesday said that India’s economy will see healthy growth in the coming quarters despite the lower-than-expected GDP numbers for the second quarter. India’s GDP growth for the July-September quarter fell sharply to 5.4% from 6.7% in the previous quarter, marking an 18-month low, as per data released by the National Statistics Office in November. However, …

India's economy ends 2024 with solid momentum as business growth hits 4-month high, PMI shows
4 weeks, 1 day ago

India's economy ends 2024 with solid momentum as business growth hits 4-month high, PMI shows

The Hindu  

India's private sector output grew at the fastest pace in four months, preliminary readings from a survey showed, helping the economy end 2024 on a positive note underpinned by sturdier demand in services and manufacturing and record jobs growth. Asia's third-largest economy grew a softer 5.4% last quarter, but easing inflation is expected to spur demand among private sector firms, …

India FY25 GDP: Fitch slashes India’s growth forecast to 6.4% from 7% for 2025-26
1 month ago

India FY25 GDP: Fitch slashes India’s growth forecast to 6.4% from 7% for 2025-26

Live Mint  

India's growth forecast: US-based credit rating agency, Fitch Ratings on Friday revised India's GDP forecast to 6.4 per cent to 7 per cent for FY25. This cut comes after the Reserve Bank of India, in its recent monetary policy committee, revised India's growth forecast to 6.6 per cent from 7.2 per cent. In the July-September quarter of FY25, the Indian …

India can be a $9 trillion economy by 2030: Arvind Panagariya
1 month ago

India can be a $9 trillion economy by 2030: Arvind Panagariya

Live Mint  

India is poised to surpass the position of the world's third-largest economy by 2030, with its gross domestic product expected to expand to $6.5-9 trillion, said Arvind Panagariya, the chairman of the 16th Finance Commission of India, on Thursday. Speaking at the Times Network India Economic Conclave 2024, Panagariya, former vice chairperson of NITI Aayog, said the Indian economy, despite …

Govt confident of economic rebound despite global challenges, says Piyush Goyal
1 month ago

Govt confident of economic rebound despite global challenges, says Piyush Goyal

Live Mint  

New Delhi: Despite global uncertainties owing to supply-chain disturbances following the Red Sea crisis, union commerce and industry minister Piyush Goyal has said he was confident that India's economic growth would be back on track by the end of the fiscal year. Speaking at Times Network’s India Economic Conclave on Thursday, Goyal said, "There was an election in the first …

Corporates in India see 4x profit but keep salaries stagnant: Report
1 month ago

Corporates in India see 4x profit but keep salaries stagnant: Report

India Today  

Corporate profits have grown four times in the last four years, but real wages haven't grown, according to a report. This comes even as India's economic growth, measured in terms of GDP, dipped to 5.4% in the September quarter. A report in The Indian Express on Thursday highlighted how wages saw negative growth even as India Inc's profits grew. The …

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