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Two entities upgraded for every downgrade in FY24, hospitality sector records 23 upgrades: ICRA

The fiscal year of FY24 continued the ‘upgrade momentum’ that was set into motion in FY22, said the…

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India's GDP growth comes in at 6.3% in Q2: manufacturing, mining witness negative growth

India's economy grew by 6.3% in the second quarter of the current fiscal, official data release…

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3 mins read

No end to downgrades in GDP estimates as economists remain divided on severity of slowdown

SBI Ecowrap has pegged India’s GDP growth rate for Q2 FY23 at 5.8%, much lower than the RBI’s e…

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4 mins read

The competition between India and China is about more than raw power

India and China are locked in a battle between two very different political ideologies.

Tom Porter   


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India's GDP growth forecast continues to see cuts

India’s GDP growth will slow down in the next calendar year of 2023, says a note released by …

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ICICI Securities downgrades BSE after shares deliver 3x returns in 12 months

Share prices of Bombay Stock Exchange are up from Rs 611 in October last year to Rs 1804 this year.…

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RBI downgrades FY23 GDP growth projections to 6.8% - lower than World Bank and other global agencies

“A growth of 6.8% is considered very strong in the current context when the world economy is…

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FPIs rush to sell EM equities in August after US downgrade, flows positive for India

FPIs have continued to invest in high beta stocks and sectors in India despite US sovereign rating …

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4 mins read

World Bank downgrades India's economic growth forecast to 6.5% for FY23

The Indian economy grew by 8.7 per cent in the previous year. "The Indian economy has done …

PTI   


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IMF downgrades 2023 global growth forecast to 2.7%

The International Monetary Fund (IMF) has projected the global economy to grow by 3.2 per cent in 2…

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3 mins read

Auto and BFSI seen driving India Inc’s earnings growth this financial year

India’s top listed companies’ March-quarter earnings largely met analyst expectations, driven by st…

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Indian Inc expects Budget FY24 to cushion economy from global risks; optimistic FY23 GDP growth will be above 6.5%: Deloitte survey

The Deloitte pre-Budget survey found that Indian business leaders are confident that the economy wi…

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Credit quality outlook of India Inc positive in first half of FY25: Crisil Ratings

Crisil Ratings on Monday said the credit quality outlook for Indian corporates remains positive for…

PTI   


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Thomas Cook India, SOTC launch Green Carpet to help companies manage carbon emissions of biz travel

Green Carpet helps organizations capture, monitor, analyze and reduce carbon emissions from busines…

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3 mins read

India FMCG sector profits may be weighed by ad spend hikes, price cuts: BNP Paribas

Consumer goods majors have been hit hard by inflation over the last few quarters, with volume…

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Indian CEOs see a difficult year but most say they won’t go for job or salary cuts: PwC survey

The Indian CEOs are the most pessimistic they've ever been in the last 12 years, according to a Pri…

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World Bank upgrades India GDP growth to 6.9% for FY23, says it has higher resilience to global shocks

The World Bank on Tuesday revised upwards its GDP growth forecast for India to 6.9 per cent for 202…

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ADB trims economic growth forecast for developing Asia; retains India FY23 GDP growth at 7%

The Asian Development Bank (ADB) has lowered its economic growth forecasts for the developing Asia …

ANI   


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Rating agencies revise GDP growth estimates yet again, most now peg it below 7%

The GDP growth rate for the April-June quarter which came in at 13.5%, fell short of expectations. …

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India to grow at 6.4% in FY24 says RBI, projects FY23 growth rate at 7%

The Indian economy is projected to grow at 6.4% in 2023-24, said the Reserve Bank of India (RBI) on…