economy

The Indian economy has undergone a large structural shift in the last eight years and is currently the 5th largest economy in the world after overtaking the United Kingdom. Going ahead, India is expected to pip Germany in 2027 and Japan…

MUMBAI: Goldman Sachs has revised lower its growth projections for India after the April-June quarterly gross domestic product readings missed market estimates. The lower-than-expected growth during April-June created downside risk of…

NEW DELHI: India's economy probably achieved its fastest annual expansion in a year in the April-June quarter, economists said, expecting the pace to sharply slow this quarter and in the next two as higher interest rates hit economic…

India's economy probably achieved its fastest annual expansion in a year in the April-June quarter, economists said, expecting the pace to sharply slow this quarter and in the next two as higher interest rates hit economic activity.…

India’s economy probably grew at the fastest rate in a year last quarter driven by healthy consumption, but the pace of expansion is seen slowing as policymakers prioritize rising prices over growth. Gross domestic product is estimated…

The US economy contracted for the second consecutive quarter amid aggressive monetary policy tightening by the nation’s central bank, which has been trying hard to bring down the decades-high inflation. As the GDP figures became public,…

India’s labour force is getting older and less educated with more than half the workforce comprising middle-aged people when the pandemic struck India, the Centre for Monitoring Indian Economy said. As per CMIE estimates, 42% of India’s…

A government source on Thursday said that India is likely to be the fastest growing economy in the world this year, according to news agency PTI. The PTI source also revealed that the government is taking constant measures and is…

Wall Street closed mostly flat on Monday after blockbuster jobs data last week reinforced expectations the Federal Reserve will crack down on inflation, while a revenue warning from chipmaker Nvidia reminded investors of a slowing U.S.…

An interest rate in the market is the value given to the money flow in the economy at a point in time. It acts as the key mediator between lenders and borrowers. Basically, the interest rate is determined by the demand and supply of…