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economic growth

Economy gains momentum in May on pent-up demand, indicators show

<!-- -->The recovery was fueled by an expansion in services activity.India's economy gained momentum in May, driven by pent-up demand for services and increased...

No further fuel excise cuts to help government meet budget deficit target: report

<!-- -->Deutsche Bank says India can meet its fiscal deficit targetMumbai: The government can meet the 6.4% budget deficit target for 2022-2023 if there...

India expected to grow 7.5% this year, says Prime Minister Narendra Modi

<!-- -->Prime Minister Narendra Modi said the economy will grow by 7.5% this yearNew Delhi: The government expects the Indian economy to grow by...

Fuel excise cuts pose risk of fiscal deficit: Finance Ministry

<!-- -->Government revenues have been hit due to reduction in excise duty on petrol and diesel pricesNew Delhi: India faces short-term challenges in managing...

Why stock investors are ‘nervous’ that an earnings recession is looming

Investors fear the stock market is facing an earnings slump, potentially leading to bigger losses after the S&P 500 index just suffered its worst...

Improving capacity utilization is a sign of growth, says SBI President

<!-- -->SBI Chairman Dinesh Khara said the growth in capacity utilization shows the economy is healthyState Bank of India (SBI) Chairman Dinesh Khara said...

Hope capital spending boosts growth: chief economic adviser

<!-- -->Chief economic adviser expressed hope that capital spending will boost growthMumbai: The government is committed to ensuring that investment spending will continue to...

Stocks Crash Again as Rising Inflation Sends Market Shockwaves: What Investors Need to Know

From Wall Street to Main Street, fears that the US economy is sliding into 1970s-style “stagflation” have spread.References to the delicate situation have appeared...

Chief economic adviser says India could be $20 trillion economy by 2040

<!-- -->Chief Economic Advisor V Anantha Nageswaran says India will be a $20 trillion economy by 2040New Delhi: The size of India's economy is...

Rupee losses limited by RBI Hike; Recovers a touch from an all-time high

<!-- -->Rupee gains ground after RBI rate hike and hawkish political trajectory signalThe rupiah rallied slightly on Wednesday after its record close of 77.78%...

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