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Indias Q2 FY25 Services Surplus to Rise by 10.6%

India's Q2 FY25 Services Surplus to Rise by 10.6%

India's services trade surplus could grow by 10.6% in Q2 FY25 amid strong global demand, while current account deficit...

4 Sep 2024 11:56 AM GMT

The Economic Survey 2015-16 has said that a favourable policy regime and sound business environment have facilitated increase in FDI flows into the country.

Southern Corridor Secures 30% of India's FDI Inflows

Southern industrial corridor attracts 30.3% of India's FDI from 2019 to 2024, highlighting strong growth potential and...

29 Aug 2024 12:06 PM GMT

India Retains Fastest Growing Economy Status

India Retains Fastest Growing Economy Status

India sustains robust growth as services drive economy, with PMI indicating strong output for 37th month despite...

22 Aug 2024 12:48 PM GMT

India to Be Third Largest Economy in The World in Next 5 Years: PM Modi

India to Be Third Largest Economy in The World in Next 5 Years: PM...

PM Modi asserts India will become the world's third-largest economy, urging industries to seize the golden chance for...

30 July 2024 12:39 PM GMT

NITI Aayog Envisions India as $30 Trillion Economy by 2047

NITI Aayog Envisions India as $30 Trillion Economy by 2047

NITI Aayog outlines vision for India to become a $30 trillion economy with $18,000 per capita income by 2047, needing...

28 July 2024 1:45 PM GMT

India’s Growth to Steady at 6.7% Till 2026: World Bank

India’s Growth to Steady at 6.7% Till 2026: World Bank

India to remain the fastest-growing major economy with 6.7% annual growth till FY26, per World Bank. Strong investment...

12 Jun 2024 12:03 PM GMT

Indias merchandise exports contracted 15.8 per cent to $261 billion in the 2015/16 fiscal year ending March, down from $310 billion in the previous year.

India Registers $6 Billion Current Account Surplus in Q4FY24

India's current account surplus hits $6 billion in Q4FY24, marking a positive shift after 10 quarters. Exports set to...

6 Jun 2024 1:03 PM GMT

The US economy may be basking in the warm glow of solid growth, but economists are nervously eyeing a trend in the bond market that could spell stormy weather ahead.

India's FDI Equity Inflows Drop 3.49% in 2023-24

India's FDI equity inflows fell to $44.42 billion in 2023-24, down 3.49%, with declines in services, telecom, and pharma...

30 May 2024 12:38 PM GMT

Moodys, in February, took negative rating action for a number of corporates, banks and sovereigns whose revenues, loan portfolio performance and tax receipts are heavily dependent on the production of oil and other commodities.

India's Corporates Face High Capital Needs: Moody's

Moody's predicts Indian corporates will need $70-100 billion annually for expansion and growth amid rising consumption...

30 May 2024 12:14 PM GMT

Cheaper Chinese steel pulls down Indian exports

Cheaper Chinese steel pulls down Indian exports

India's engineering exports fell 3.2% in April due to lower shipments of iron, steel, and copper amid rising Chinese...

23 May 2024 1:21 PM GMT

India’s Business Activity Hits 14-Year High in May

India’s Business Activity Hits 14-Year High in May

India's services sector drives robust business growth in May, with PMI at 61.7. Exports and job additions also see...

23 May 2024 1:10 PM GMT

With members of the All India Association having met Union minister of state for road transport on Tuesday, issues under the Central government were discussed.

India's Domestic Sectors Boost Fleet Utilization for Road Transport

Fleet operators' revenue to grow 9-11% this fiscal due to domestic demand despite weak exports, improving utilization...

23 May 2024 12:46 PM GMT