IMF: India Becomes World’s Fastest Growing Economy
WASHINGTON, Oct 23: India continues to hold its position as the fastest-growing economy globally, according to a senior International Monetary Fund (IMF) official. The country’s macroeconomic fundamentals are considered strong.…
Indian economy would decelerate to 6.1% in 2023 from 6.8% in 2022: IMF
“Growth in India is expected to fall from 6.8 percent in 2022 to 6.1 percent in 2023 before rebounding to 6.8 percent in 2024, supported by solid domestic demand despite…
India’s retail inflation quickens to 7% in August; IIP growth eases to 2.4%
India’s retail inflation – as measured by the consumer price index (CPI) – surged to 7% in August, due to higher food prices, compared to 6.71% in July. The number…
भारत ने दिया ब्रिटेन को बड़ा झटका, बना दुनिया की पांचवीं सबसे बड़ी अर्थव्यवस्था
ब्रिटेन को पीछे छोड़ते हुए भारत दुनिया की पांचवीं सबसे बड़ी अर्थव्यवस्था बन गया है। इस घटनाक्रम ने लंदन में सरकार को एक और झटका दिया है क्योंकि यह एक…
Shares climb on financials boost after growth-focused budget
Indian shares hit a two-week high led by financial stocks on Wednesday, after the government stepped up spending to fuel growth in the pandemic-hit economy, although disappointing earnings from Tech…
India’s households wrestle with inflation as incomes dip
India’s households are grappling with rising living costs at a time when jobs and incomes have taken a hit amid the pandemic, but economists are not hopeful the government’s annual…
Inflation in India likely accelerated to a six-month high in Dec
Higher telecommunications charges, along side a relatively low base one year ago, seemingly drove Indian retail inflation to a six-month high in December. A poll found, keeping alive expectations for…
Google Pay added Split Expense feature: Here’s how it works ?
Google Pay has a new split cost feature. This allows users to easily split the invoice and pay quickly. Eliminates the need to manually discuss and calculate amounts. Google first…
Bank deposit insurance cover upped from Rs 1 lakh to Rs 5 lakh
Union Minister of Commerce and Industry Piyush Goyal on Sunday said that the Central government has increased the bank deposit insurance cover, in case of problems occurring such as closure,…
Coal India shares slip ahead of record date for interim dividend
Shares of Coal India slipped in Monday’s opening deals as the stock traded ex-dividend today ahead of its record date. The miner in a regulatory filing last week had said…