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Economy expands 7.8% in Q4, lifting FY24 growth to 8.2%
WEB6 days ago · This is the highest annual growth since FY17, excluding the 9.7% post-Covid rebound in gross domestic product (GDP) in FY22 after the 5.8% contraction in FY21. The advance estimate released in February had pegged FY24 growth at 7.6%. Economists and government expect the high growth to continue though tepid private consumption …
India's growth outlook: Economy to get a blockbuster release this ...
WEBMay 29, 2024 · GDP Q4: As the country buzzes with election excitement, India is set to release its GDP growth numbers for the fourth quarter of FY24 this Friday, alongside the full fiscal year figures. Analysts are eagerly awaiting to see if the January to March quarter numbers surpass expectations, fueling hopes of a surprising uptick in growth.
inflation: Rising price of staples fueled India's inflation the most in ...
WEBMay 30, 2024 · The surge in food and beverage prices has emerged as a key factor driving India's inflation in the fiscal year 2024, according to the Reserve Bank of India's (RBI) annual report. The report reveals that the contribution of the food and beverages category to overall inflation increased to 60.3 percent for 2023-24, up from 46 percent the previous …
Politics News: Live Politics News from India, Latest Politics …
WEB1 Jun 2024, 20:06. Exit Polls 2024 Delhi: In a closely contested battle between the BJP and the AAP-Congress alliance for Delhi’s seven Lok Sabha seats, voter turnout on May 25 surpassed 54 percent, despite the scorching summer heat. In the 2019 elections, the voter turnout in Delhi was 60.52 percent, with the BJP sweeping all seats.
UN upgrades India's 2024 growth forecast to 6.9% from 6.2%
WEBMay 17, 2024 · The 6.9 per cent economic growth projections for India in the mid-year update is an upward revision from the 6.2 per cent GDP forecast made by the UN in January this year. The UN World Economic Situation and Prospects (WESP) 2024 report that was launched in January had said that growth in India was projected to reach 6.2 …
Stock Market Highlights: Nifty closes in upper quartile of the …
WEBMay 13, 2024 · Nifty today ended 49 points higher above 22,100-mark to form a hammer candle on the daily charts as modest buying interest from the lows of 21821 bolstered a technical pullback. On the higher side, the band of 22300-22320 could act as a resistance, while the low of 21821, registered today, would remain support for Nifty in the short …
bse market capitalisation: India stock market hits $5 trillion ...
WEBMay 21, 2024 · D-Street joined the exclusive $5 trillion club for the first time ever, braving FII pullout. Investors were found to pile up on stocks in the broader market. In less than 6 months, the jump from Rs 4 trillion to Rs 5 trillion was achieved — a pace never before seen. On the global map, India is the fifth largest stock market behind only Hong Kong, …
India all set to overtake Japan as 4th largest economy by 2025 ...
WEBMay 12, 2024 · India's GDP grew at a massive 8.4 per cent during the October-December quarter of the financial year 2023-24, and the country continued to remain the fastest-growing major economy and is poised to maintain its growth trajectory going ahead. India is set to remain the fastest-growing among major economies in 2024, according to latest …
Rate easing may have to wait, highlights RBI in its latest bulletin
WEBMay 21, 2024 · The Reserve Bank has raised the benchmark policy rates by 250 basis points (one bps is 0.01 percent) since May 2022 as inflation surged way beyond the central bank’s comfort band of 2-6 percent. But the inflation numbers are slowly aligning to the target of 4 per cent. Yet the central bank has its concerns as food inflation continues to …
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