Fitch Ratings cut India's GDP growth estimate by 10 basis points to 6.4 per cent for the current fiscal.
The softening of CPI inflation will boost India’s private final consumption expenditure, the largest component of the GDP, industry leaders said on Tuesday.
India’s automotive industry is a cornerstone of the nation’s manufacturing and economic growth, contributing 7.1 per cent to India's GDP.
India's domestic demand is showing signs of recovery, supported by several positive developments, according to a recent report by Crisil.
“The US is one of India’s largest trading partners, so a 26 per cent tariff hovering over imports of Indian goods will heavily impede the trade balance,” Moody’s Analytics said.
In the realm of safety, regulatory, and policy considerations, fostering a hydrogen economy is imperative as safety serves as the linchpin for its promotion.
The RBI has also showcased good numbers for the gross domestic product (GDP) and inflation.
Should the world de-grow to delay hitting the limits of growth? There is a growing outcry that the relentless push for GDP growth is causing social inequity and irredeemable planetary damage.
US economic growth was even stronger in the third quarter than previously estimated, underscoring the economy’s remarkabale resilience in the face of elevated inflation and high borrowing costs earlier this year, a media report said.
The Eurozone is poised to escape a severe contraction, a relief in itself, yet the growth figures projected for the coming year are far from inspiring.
