Investing in the stock market has long been recognised as a pathway to potential wealth creation. Anant Raj, a leading real estate developer in the NCR region, was one such stock in this regard that produced a whopping return over six years. Anant Raj has a fully paid land bank of 312 acres, of which, it holds 167 acres in …
Fitch Ratings on Tuesday raised India's growth forecast for current fiscal to 7.2 per cent, from 7 per cent projected in March, citing a recovery in consumer spending and increased investment. For the fiscal years 2025-26 and 2026-27, Fitch projected growth rates of 6.5 per cent and 6.2 per cent, respectively. "We expect the Indian economy to expand by a …
India’s current economic growth journey resembles that of the 2003-07 period, when growth clocked an average of over 8 per cent, economists at Morgan Stanley said. Even when oil prices shot up to $145 per barrel in July 2008, the current account deficit only widened to 2.4 per cent of GDP the following quarter,” the report noted. Now that corporate …
The Reserve Bank of India appears to be in its final leg of bringing inflation to heel. Though headline inflation is showing steady signs of easing, the central bank’s six-member Monetary Policy Committee is steadfast on retaining repo rate at 6.5 percent as any “premature move may undermine the success achieved so far”. As we navigate the ‘last mile’ of …
NEW DELHI: The World Bank on Tuesday lowered its forecast for India's economic growth in the current fiscal year that started on April 1 to 6.3% from 6.6% as it expects higher borrowing costs to hurt consumption. "Rising borrowing costs and slower income growth will weigh on private consumption growth," the World Bank said in a report. The World Bank …
