The IMF Sees India Shrugging Off the Oil Shock. Markets Aren’t So Sure.

The fund raised its growth forecast for India to 7%, one of the biggest upgrades among major economies. The irony is that it comes in a year when Indian shares have fallen... Read more »

A Weak Rupee Is Finally Doing What Weak Rupees Are Supposed to Do

Merchandise exports rose 23% in September, the kind of growth India hasn’t seen in years. A cheaper currency, strong electronics shipments and lower gold imports helped. But oil still keeps the trade... Read more »
Sensex, Nifty tank 1 % after RBI policy, Gold falls Rs 70 per 10 kms, Rupee settles at 82.96

The RBI Has Bought the Rupee Some Time

 New curbs on currency speculation and direct dollar supply to oil companies gave the rupee its best rally in six months. But record foreign outflows and oil above $100 mean the pressure ... Read more »

India to grow at over 7 per cent in FY23 : Chief Economic Advisor

The Indian Economy will grow at over seven per cent, down from above eight percent growth rate projected in January this year, said Chief Economic Advisor V Anantha Nageswaran on Tuesday at... Read more »

GDP at 5.4 % during 3rd Covid wave in Q3 FY 2022 is inspiring : PHDCCI 

GDP growth rate at 5.4 per cent in India for Q3 FY 2021-22 is inspiring, as there was severe impact of the 3rd wave on the economic activity during Q3 2021-22, according to... Read more »

GDP Growth expected to touch 8 to 8.5 per cent : Survey

The GDP growth for 2022-23 is expected to touch 8 to 8.5 per cent as the economic activity rebounds to pre-pandemic level, say economy experts in a nation-wide survey. After the disastrous... Read more »

Economic activity highest in Dec during 2021 due to auto sales : PHDCCI

Economic activity for the month of December 2021 has been recorded at the highest level during the year as the Economy GPS Index of PHDCCI went up at 127.7, supported by the... Read more »

Technology emerges saviour of businesses across Sectors during Pandemic

Technology was the saviour of businesses across sectors during Pandemic, an all India study conducted by Association of National Exchanges Members of India (ANMI) has revealed. This first-of-its-kind StockTech report was released... Read more »

PM’s decision to withdraw Farm Laws shows commitment to people’s welfare : PHDCCI

New Delhi, Nov 23 : The PHD Chambers of Commerce and Industry has hailed the decision of Prime Minister Narendra Modi to withdraw 3 farm laws as “democratic” saying it indicated the... Read more »

PHD Chamber projects Q2 FY 2021-22 GDP growth at 8-10%

The PHD Chamber of Commerce and Industry has projected Q2 FY 2021-22 GDP growth at 8-10% and a double digit GDP growth trajectory at 10.25% in the full FY 2021-22 on the... Read more »