The Central Bank also highlighted that the global economy is losing steam and some of the most resilient economies are seeing a slowdown in growth. High frequency indicators suggest further.
CRISIL expects the first interest rate cut in June at the earliest, if not later. While fiscal prudence has smoothened the path for monetary policy, the RBI is wary of.
During February, the country’s services trade surplus came in at $16.8 billion – the highest since April 2011 – as against $16.2 billion in January. The near-13 year high services.
The government wants to build a buffer which can be used for marketing intervention programmes for curbing rise in prices. With mandi prices of tur dal ruling close to 50%.
In its March Outlook report, the ratings agency stated that domestic demand and private investment will drive the estimated 0.5% increase in FY25 GDP growth. On Thursday, Fitch Ratings revised.
In the Budget presented on February 1, the Centre cut the outlay for the capex facility by 19% from the budget estimate of Rs 1.3 trillion for FY24 as some.
February WPI inflation moderated to a four-month low of 0.20 per cent on increase in prices of food articles, crude petroleum & natural gas, electricity, machinery & equipment and motor.
The first unicorn was seen in India in 2011, and after a decade, India has crossed the mark of 100 unicorns. The combined valuation of 113 unicorns is $350 billion.
According to a SEA note, the availability of palm oil for edible oil requirements has come down as the main two producers Malaysia and Indonesia are diverting it for the.
India’s CAD was 1% in Q2FY24 and it was 2% in Q3FY23. India Ratings expects the current account deficit to dip in Q4FY24. With an estimated current account deficit (CAD).
