ICRA projects GDP to dip 6.5% YoY in Q2FY25
It said, this is due to the heavy rains and weak margins offsetting the buoyancy injected by the turnaround in Government capital expenditure and healthy trends in kharif sowing.
It said, this is due to the heavy rains and weak margins offsetting the buoyancy injected by the turnaround in Government capital expenditure and healthy trends in kharif sowing.
As Bhutan embarks on her ambitious journey of creating a “Mindfulness City,” what will ensure the success of such a city? The answer lies not merely in the architecture, green spaces, advanced infrastructure or people, but in its inhabitants’ mindset or cultivation of mind.
The German economy is expected to significantly underperform the eurozone average until at least 2026, according to the European Commission's Autumn Forecast released on Friday.
India's economic growth, celebrated in aggregate terms, hides an uncomfortable truth: much of this progress has bypassed the majority of the population, particularly in rural areas.
A recent IMF report offers key insights for India amid an increasingly debt-laden global economy.
Finance Minister Nirmala Sitharman said on Monday that India has fared relatively well compared with other countries as far as the government debt to GDP ratio is concerned and the country is the third least indebted nation among low- and middle-income countries.
If we look at the economic growth, India’s GDP growth has been exceeding China's for a few years now.
The reported growth figures, while seemingly promising, come with a caveat ~ a dash of scepticism. Behind the curtain of soaring numbers lies a labyrinth of methodology, where the calculation of GDP growth resembles more of an art than a science.
Inflation is expected to remain above the Reserve Bank of India's target level of 4 per cent over the forecast period due to strong economic activity, Majumdar said.
Markets will continue to focus on the earnings season and global cues in the upcoming week.
