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Global manufacturing production rapidly moving toward emerging markets like India, says IMF

The International Monetary Fund (IMF), in its latest World Economic Outlook report, has highlighted…

ANI   


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Global economy to grow 2.7% in 2024 as major economies avoid severe downturn: UN report

The growth rate of the world economy is expected to remain around 2.7 per cent in 2024, and 2.8 per…

ANI   


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RBI sees price of India's crude oil imports at $85 a barrel in FY25

The RBI expects the price of the Indian basket of crude oil imports to be around $85 per barrel goi…

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Growth in India set to get more broad-based, says Morgan Stanley; pegged 6.8% for 2024

Growth in India, which already is strong and surging, may become more broad-based across both on th…

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Nifty Sensex breaks five-session losing trend, experts predict positive outlook this week

On Monday, the Indian stock market got off to a great start, following the positive trend in market…

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6 mins read

India could emerge as an economic superpower amid dull global economic landscape

IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…

ANI   


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Deloitte projects India's FY25 GDP growth at 6.6%

Deloitte India on Friday said it estimates India's GDP growth at 6.6 per cent in the current fiscal…

PTI   


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India’s economic growth expectedly slows to 6.7% in Q1 — lowest in the last five quarters

India's GDP growth slowed to a 15-month low of 6.7% in the first quarter of FY 2024-25 due to weake…

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World Bank raises GDP projection, says India to keep its fastest-growing economy tag

The World Bank has upwardly revised India's GDP growth forecast for the current financial year 2024…

ANI   


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Fitch raises global growth forecast on improved near-term prospects

Fitch Ratings has raised its 2024 global GDP growth forecast by 0.3 percentage points to 2.4 per ce…

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India to clock 7% growth in FY25 despite headwinds: Deloitte

According to Deloitte projections, growth is likely to be 6.7% in the next fiscal year (2025-26). T…

PTI   


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Economic Survey 2024 – industries grow by 9.5%, fueling economic growth to 8.2%

Finance Minister Nirmala Sitharaman on Monday tabled the Economic Survey 2023-2024 in the Lok Sabha…

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4 mins read

A top mind at JPMorgan Asset Management sounds the alarm about an obvious economic red flag after Trump's resounding win, even as US stocks soar

US stocks got fire after Donald Trump's win, but David Kelly of JPMorgan Asset Management believes …

James Faris   


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How gold became one of the world's hottest investments

Central banks purchased a record 483 tons of gold in the first half of the year, according to the W…

Matthew Fox   


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Weekend wrap: Nvidia’s AI-driven surge, Indian banks’ steady growth and more

Nvidia has become the world's largest company amidst an AI boom, surpassing Apple. Meanwhile, the U…

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3 mins read

Economic Survey 2024: GDP grew by 8.2%, to sustain 7%+ growth momentum, fiscal deficit down to 6.4% of GDP

Gross Fixed Capital Formation, or investments in long-term, value-generating fixed assets increased…

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4 mins read

India's gold demand up 8% in Jan-Mar to 136.6 tonne despite high rate

India's gold demand in value terms rose 20 per cent on an annual basis to Rs 75,470 crore durin…

PTI   


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US stocks fall amid more strong economic data and Powell's comments on rate outlook

ISM manufacturing new orders rose more than five points and jumped above 50 for the first time sinc…

Matthew Fox   


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China stocks tumble as Moody's outlook downgrade deepens investors' economic fears

The CSI 300 Index hit fresh four-year lows on Tuesday after Moody's slashed the country's credit ra…

Phil Rosen   


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India to remain fastest growing major economy in 2024-25, says CEA Nageswaran

India is poised to remain the fastest-growing major economy in 2024-25, Chief Economic Adviser V An…

ANI