India’s services sector, long the linchpin of its economic dynamism, is showing signs of moderation.
India will remain the fastest growing economy among the advanced and emerging G-20 countries and the large size of its domestic market makes the country less vulnerable to potential shocks from US tariff policy.
In its Economic Outlook for Asia-Pacific (APAC), S&P said that despite these external strains, it expects domestic demand momentum to remain solid in most emerging-market economies.
India’s retail inflation slipping below 4 per cent in February signals a crucial inflection point for the economy.
India is set to become the world’s third-largest economy by 2028, overtaking Germany, according to a report by global financial services firm Morgan Stanley.
India’s next government, buoyed by an unprecedented windfall of Rs 2.11 lakh crore from the Reserve Bank of India (RBI), faces a crucial decision that could shape the nation’s economic trajectory.
The Indian economy closed the financial year 2023-24 strongly despite strong external headwinds, and early indications suggest that the growth momentum will continue during the current April-June quarter of 2024-25, according to a Finance Ministry report released on Friday.
The Sri Lankan government will introduce two significant bills aimed at bolstering the country's economy to Parliament on Wednesday, a Minister said.
With elections to the European Parliament scheduled from June 6 to 9, the continent stands at a critical juncture.
The better outlook is fueled by lower inflation, robust exports, and increased foreign investments, Hamid Rashid, the chief of the UN’s Global Economic Monitoring Branch, said on Thursday.
