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2 mins read

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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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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3 mins read

The US economy may be barrelling towards stagflation, an outcome worse than recession

As US growth shows signs of sputtering and inflation keeps rising, a re-run of the tumultuous 1970s…

Filip De Mott   


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1 min read

Morgan Stanley raises India's GDP growth forecast to 6.8% for FY25

According to Morgan Stanley, the outlook for India's GDP growth remains robust, with the expectatio…

ANI   


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2 mins read

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…

ANI   


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2 mins read

China's GDP rose 5.3% in the first quarter, but it doesn't mean the economic pain is over

March retail sales and industrial output fell short of forecasts. First-quarter new home sales slum…

Huileng Tan   


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1 min read

India's GDP grows 7.6% in July-September quarter

T​he Indian economy grew 7.6% during the July-September quarter of the current financial year 2023-…

ANI   


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The US economy is already in a recession, and it's following the same path as China by becoming reliant on debt, veteran forecaster says

Rising layoffs and sluggish job growth are major signs the economy is already in a hard landing, on…

Jennifer Sor   


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Moody's projects 6.8 pc GDP expansion in 2024 on strong growth, post-election policy continuity

High-frequency indicators, including robust goods and services tax collections, rising auto sal…

PTI   


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1 min read

Surging immigration will boost the US labor force and send GDP higher, Goldman says

"Elevated immigration has boosted labor force growth and, by extension, potential GDP growth," Gold…

Matthew Fox   


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2 mins read

Americans' spending patterns are flashing a warning of a possible consumer-led recession

Consumers are pulling back on discretionary purchases, a sign that their stimulus-fueled shopping s…

Jennifer Sor   


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3 mins read

Investors' wealth soars ₹28.65 lakh crore in three days of market recovery after rout

Investors' wealth has soared by ₹28.65 lakh crore in the three-day rally to Friday in the stock m…

PTI   


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3 mins read

Sensex, Nifty hit all-time closing high levels as RBI raises GDP growth projection

IT and interest rate-sensitive bank, realty, and auto stocks ended with sharp gains. The RB…

PTI   


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3 mins read

Modi 3.0 will offer policy continuity, but BJP's loss of outright majority may slow down fiscal reforms: Moody's

This victory indicates continuity in policy, particularly in infrastructure spending and boosting d…

ANI   


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4 mins read

Economic implications of Lok Sabha Election 2024 results: Would lack of a clear majority for BJP impact India’s growth story?

Less than a week ago, India reported a remarkable GDP growth rate of 8.2% for the fiscal year 2023-…

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2 mins read

Sensex-Nifty mark record highs on expectation of Modi 3.0

The Sensex surged by 1859.88 points, opening at a record 75,821.19. Similarly, the Nifty jumped 603…

ANI   


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2 mins read

Recession isn't happening as the US economy is the most dynamic it's been in history, 'The Big Short' investor Steve Eisman says

Economists who have called for a recession have been wrong and the economy is solid, Steve Eisman s…

Jennifer Sor   


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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…

ANI   


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4 mins read

A shortage of young men in the workforce could weigh on housing, Social Security, and growth for years to come

Around 7.2 million men have dropped out of the workforce. That has a host of consequences that coul…

Jennifer Sor   


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2 mins read

IMF raises India's growth forecast again, cites strong consumption

According to IMF's latest World Economic Outlook report, released Tuesday, the growth is expected t…