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Economy

RBI Governor Highlights Multifaceted Challenges Gripping Global Economy

20 Oct 2023 13:02 PM IST

Discussing the global response, Governor Das outlined the aggressive policy rate hikes by central banks worldwide, with some institutions pausing due to financial stability concerns.

IMF Raises India’s GDP Growth Forecast to 6.3% for 2023-24

11 Oct 2023 11:15 AM IST

The IMF predicts India's economy to grow by 6.3% this fiscal year, a 20 basis point increase from its previous estimate.

RBI Holds Steady on Policy Rate While Expressing Inflation Concerns

06 Oct 2023 13:22 PM IST

Excluding the most recent third consecutive pause, RBI had raised the repo rate by a total of 250 basis points since May 2022 in its efforts to combat inflation.

World Bank Holds India’s Projected GDP Growth for 2023-24 Steady at 6.3%

03 Oct 2023 16:01 PM IST

In its April report, the World Bank had revised down India's growth forecast for 2023-24 from 6.6 percent to 6.3 percent.

Jammat-e-Islami leader to hold strike in Pakistan today to protest inflation, high power bills

02 Sep 2023 09:16 AM IST

Protests against exorbitant electricity prices and inflated bills have spread across the country — from Karachi to Khyber. Some protests have even turned violent, according to reports.

Fiscal Deficit Gains 33.9% Of Whole Year Target at End July: CGA Data

31 Aug 2023 18:23 PM IST

Central government's fiscal deficit reached 33.9 percent of annual target in first four months of 2023-24, reaching Rs 6.06 lakh crore by July, informs CGA

India’s GDP Grows 7.8% in April-June Quarter: NSO

31 Aug 2023 17:56 PM IST

This marks the highest growth rate achieved in the span of four quarters, as indicated by data from the National Statistical Office (NSO) on Thursday.