The Indian government's decision to ease the tax burden for middle-class consumers may not have a large impact on growth, ...
Indian Prime Minister Narendra Modi may seek to arrest slowing economic growth in the world's fifth-largest economy and prepare for an uncertain year of global trade when his government presents the ...
The country’s chief economic advisor, in a report released on Friday, forecast India’s economy would grow 6.3% to 6.8% in the next fiscal year. Here are some takeaways from the budget: ...
NEW DELHI (Reuters) -India's economy is likely to continue its sluggish pace of growth next fiscal year weighed down by global risks, according to a finance ministry report that has called on ...
Industrial growth, the stock market and the rupee are sinking, and most consumers earn too little to buoy them, stymieing India’s drive to become a developed economy. By Alex Travelli Reporting ...
NEW DELHI -- India will cut personal income tax rates to spur middle-class spending and accelerate growth in the world's fifth-biggest economy, Finance Minister Nirmala Sitharaman said Saturday as ...
For China, the IMF revised the growth forecast upward to 4.5% in 2024, up by 0.4 percentage points from the earlier projection. (Image/Reuters) India’s economic growth has slowed more than ...
After registering 8.2 percent growth in 2023-24, the Indian economy grew by 5.4 percent in the second quarter of the current fiscal year (July-September 2024). This was the slowest growth in six ...
India's economic growth is poised to rebound as domestic demand regains strength, though the stickiness in food inflation warrants careful monitoring, the latest RBI Bulletin released on Friday said.
IMF Managing Director Kristalina Georgieva, as quoted on Business Standard, estimates the Indian economy to be slightly weaker in 2025, despite steady global growth. In its report, as quoted on by ...
India’s economic growth is projected to grow at a rate of 6.7% over the next two financial years, a World Bank report said on Thursday. The report titled “Global Economic Prospects” said ...