NEW DELHI: Recent developments indicate strong foundation of macroeconomic stability in India with steady growth, investment, employment, and inflation trends, and a strong and stable financial sector, a finance ministry report said on Thursday. However, it cautioned that the challenge is in navigating the continuing uncertainty in global economic prospects.“We will likely encounter a cycle…
Ten years after PM Narendra Modi announced the ‘Make in India‘ initiative, commerce and industry minister Piyush Goyal says India has made tremendous progress in manufacturing and is poised to increase the share of the sector in overall GDP. In an interview with TOI over the phone from Australia, Goyal says there is massive interest…
NEW DELHI: Finance minister Nirmala Sitharaman on Monday said that Sebi chairperson Madhabi Puri Buch and her husband have been answering some of the allegations and both are defending themselves and are putting out facts to contradict those that are being alleged by the Congress party.“So, I think the facts have to be taken on…
BHUBANESWAR: RBI governor Shaktikanta Das expressed confidence Saturday that GDP growth rate would meet the central bank’s projected 7.2% in the current financial year, driven by a monsoon-induced farm fillip and an uptick in govt spending that had been dampened by election-related causes in the first quarter.Das attributed the slower growth of 6.7% in first…
NEW DELHI: India’s economy is estimated to have grown by 8.2% in 2023-24, led by a solid expansion in manufacturing and construction sectors, and a strong push from Jan-March quarter growth, beating expectations and laying a robust foundation for the new govt, which assumes office this month after the polls. The strong numbers will help…
India FY24 GDP growth data: Indian economy grew at a faster-than-expected rate of 7.8% year-on-year in the January-March quarter, driven by robust growth in the manufacturing sector. For the full year 2023-24 it is estimated that India’s GDP is estimated to have grown at a robust 8.2%. Economists anticipate this momentum will remain strong throughout…
Mark Mobius, Chairman, Mobius Emerging Opportunities Fund believes that Indian markets will deliver 14-15% returns over the longer term. Mobius, a renowned investor, shared his insights on the potential returns from the Indian stock market over the next three to five years in an interview with ET Now.When asked about his expectations, Mobius stated, “Over…
Indian Economy GDP growth seen at 7.5% in 2024! The World Bank has projected that the Indian economy is set to grow at 7.5 per cent in 2024, marking a revision from its previous forecast by 1.2 per cent. This growth is part of a strong outlook for South Asia, with the region expected to…
