Page 37 - Indian Economy

A piece of my mind: Budget should target 4% fiscal deficit, trade pacts

In India, after unprecedented 6% drop in real GDP in 2020-21 because of Covid and lockdowns, there was a remarkably strong recovery in the next three years with GDP growth averaging a little over 8%

Nomura sees muted Nifty returns in 2025, sets December target at 23,784

Nomura Nifty target: Nomura suggests investors stay highly "selective" and bet on stocks and/or sectors with relative valuation comfort

Digital transformation fueling India's economic growth and inclusion

India's dramatic digital transformation has empowered millions through a digital infrastructure [India Stack], democratising data, identity, and payments

Economy strong but equities face near-term challenges: ICICI Pru MF

The recent correction in the equity market, according to the asset manager, has eased multiples to an extent but valuations still remain high, especially in the midcap and smallcap space

Singapore sees opportunities in India's growing economy, says minister

India is growing and Singapore sees many opportunities to expand bilateral cooperation with South Asia's fastest growing economy, senior minister Lee Hsien Loong has said. "India is growing, and on the move," Lee, who served as prime minister for 20 years, told the Indian business community on Saturday. "Singapore has a good brand name in India and we have enjoyed very good ties with successive Indian governments," The Straits Times quoted Lee as saying. Singapore sees many opportunities to expand cooperation on fronts such as bilateral trade, skills training and fintech, alongside exploring fields such as health care as well as digital and green economies, he added. He also urged the Indian business community to make the most of these advantages. Lee highlighted the importance of the Comprehensive Economic Cooperation Agreement (CECA), a nearly two-decade-old Singapore-India free trade agreement that has helped foster extensive trade, investment and travel links between the two .

Indian economy likely to remain 'a little weaker' in 2025: IMF MD

The Indian economy is expected to be "a little weaker" in 2025 despite steady global growth, IMF Managing Director Kristalina Georgieva has said. Georgieva also said she expects quite a lot of uncertainty in the world this year mainly around the trade policy of the US. In her annual media roundtable with a group of reporters on Friday, she said global growth is expected to be steady in 2025, but with regional divergence. Georgieva said she expects the Indian economy to be a little weaker in 2025. However, she did not explain it any further. The World Economy Outlook update week will have more details about it. The US is doing quite a bit better than we expected before, the EU is somewhat stalling, (and) India a little weaker," she said. Brazil was facing somewhat higher inflation, she said. In China, the world's second-largest economy, the International Monetary Fund (IMF) was seeing deflationary pressure and ongoing challenges with domestic demand, she said. "Low-income countri

Unlisted companies adding capacity at faster clip than listed peers

The concluding part of the series looks at the financials of unlisted firms and examines capex trends

Markets Today: TCS Q3; FIIs; Quadrant Future IPO allotment; US, UK bonds

Thursday's session had already painted a grim picture, with the Sensex plunging 528.28 points (0.68 per cent) to close at 77,620.21. The Nifty shed 162.45 points (0.69 per cent) to settle at 23,526.50

E-way bills in December at second highest level in two years, shows data

E-way bills are mandatory for the movement of consignments worth more than Rs 50,000 and are, therefore, an early indicator of demand and supply trends in the economy

India's economy likely to grow 6.6% in 2025, 6.7% in 2026: UN report

The report highlighted that capital expenditure on infrastructure development is expected to have strong multiplier effects on growth in the coming years

Unlocking India's economic potential: Key tech policy priorities for 2025

This year should be a watershed year, transforming India into a "Product Nation," with Rs l trillion allocated for Research & Development to the private sector

Local, not global: Indian brands are rare in foreign marketplaces

Haldiram's, in contrast, is one of the handful of Indian-owned and -developed brands that not only grew but held its own against the snack foods flood from multinationals

Unlisted firms outpace listed peers with faster revenue, earnings growth

The findings are based on a sample of 4,231 unlisted companies (excluding financial firms), compared with 3,575 listed non-financial companies

Indian employers plan to outpace global peers in future tech adoption: WEF

The report also identifies increased digital access, geopolitical tensions, and climate-mitigation efforts as key trends expected to shape the future of jobs in India by 2030

Consumer goods sector faces a muted quarter as urban demand stays sluggish

Despite these challenges, revenues for tracked companies are projected to grow 6 per cent year-on-year, primarily driven by price increases, while volume growth will stay in the low single digits

Centre focuses on new strategy to tackle mounting economic challenges

Asia's third-largest economy forecast annual growth of 6.4 per cent in the fiscal year ending in March, the slowest in four years

Markets Today: FY25 GDP; Wall St. slips; Q3 results; Leo Dry Fruits listing

At 6:31 AM, GIFT Nifty futures indicated a subdued start, trading 72 points lower at 23,723, suggesting a negative opening for Indian bourses

FY25 GDP growth of 6.4% underwhelms, but are there silver linings?

Headline growth was quite weak heading into the Covid period but averaged 6.4 per cent and 6.7 per cent in the five years between FY16 and FY20 for GVA and GDP, respectively

Budget for outcomes: Governance and financing reforms hold the key

The challenges to inclusion need to be addressed head on with governance changes and higher untied funding with community accountability and ownership

Railways ministry spends 76% of FY25 capital expenditure by December

The ministry has spent Rs 1.91 trillion from the gross budgetary support, Rs 824 crore from external resources, and Rs 8,733 crore from extra-budgetary resources on infrastructure creation