The rating agency, which last November projected India's FY25 GDP growth at 6.4%, expects it to moderate in the coming fiscal year after better-than-expected 7.6% growth in FY24.
2 min read26 Mar 2024India’s GDP recorded a robust expansion of 8.4% during the October - December period, showcasing sustained momentum after achieving growth rates exceeding 8% in the two preceding quarters.
4 min read1 Mar 2024Moody’s said the RBI has been most active in cutting rates in support of growthHowever, lingering financial sector issues may blunt the effectiveness of monetary stimulus, it added
1 min read23 Aug 2019RBI needs to cut its GDP growth projection for the year ending March closer to 7% from 7.4%, according to SBICap, to reflect the likely case of below 7% expansion in the second half
1 min read14 Jan 2019Eonomic outlook subject to headwinds such as tightening of financial conditions, rising oil bill and weak bank balance sheets, says rating agency
1 min read21 Sep 2018The outlook for Indian government bonds remains challenging, but some value may be emerging after the sharp sell-off over the past six months, says DBS report
1 min read20 Mar 2018The Indian economy is expected to witness an average GDP growth of 7.3% over 2020-22, says a Morgan Stanley research report
1 min read14 Jan 2018Industrial production data for November and inflation data based on consumer price index (CPI) for December will be released this week
1 min read9 Jan 2018Indian economy is expected to witness sharp recovery in the January-March quarter and its GDP growth likely to be around 7.5% for 2018, says a Nomura report
1 min read24 Dec 2017DBS Bank lowers India's GDP growth forecast for current fiscal to 6.6% from the previous 6.8%, citing that businesses are still adjusting to the GST regime
2 min read28 Nov 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared