These two metrics, while similar on the surface, provide different perspectives on economic health and growth trends
Foreign currency assets fell by $9.5 billion, while the value of gold reserves went up by $792 million
India's economic growth is poised to rebound as domestic demand regains strength, though the stickiness in food inflation warrants careful monitoring, the latest RBI Bulletin released on Friday said. An article on the 'State of the Economy' published in the January Bulletin also noted that the economic outlook for 2025 is divergent across countries with some loss of speed in the US; weak-to-modest recoveries in Europe and Japan; more moderate growth profiles in emerging and developing countries alongside a more gradual disinflation relative to advanced economies. "In India, there is a conducive quickening of high-frequency indicators of economic activity in the second half of 2024-25, bearing out the implicit pick-up in real GDP growth for this period in the annual first advance estimates of the NSO," it said. It further said, the headline inflation eased for the second successive month in December, although the stickiness in food inflation warrants careful monitoring of second orde
The deceleration is underpinned by a long-term moderation in credit growth, foreign direct investment, export competitiveness and earnings potential, UBS said
At 6:35 AM, GIFT Nifty futures indicated a weaker start for the markets, trading 56 points lower at 23,321.5
The global economy is projected to expand by 2.7 per cent in both 2025 and 2026, the same pace as in 2024, as inflation and interest rates decline gradually
l The CMIE data also points to a worrying 57.1 per cent year-on-year decline in the value of government projects completed and a 40 per cent decline in that of the private sector
The challenge for macro policy is to respond to the domestic slowdown without appearing to let its guard down against a hostile global environment
On the investment front, the government's focus on capital expenditure is expected to remain a key growth driver in 2025-26
Industry body FICCI on Thursday lowered India's growth projection for the current financial year to 6.4 per cent from 7 per cent estimated earlier. According to FICCI's Economic Outlook Survey, the revised projection is in line with the broad expectations and reflect a notable slowdown vis--vis 8.2 per cent GDP growth recorded in 2023-24. "...FICCI's Economic Outlook Survey projects an annual median GDP growth forecast of 6.4 per cent for 2024-25. The forecast in the current survey marks a moderation from 7.0 per cent estimate (for 2024-25) put out in the previous round conducted during the month of September last year," it said. The survey was conducted in December 2024 and drew responses from leading economists representing industry, banking and financial services sector. The participating economists observed global economy in 2025 to present a reasonable growth trajectory, with an underlying note of caution. Sharing their perspective on the expected impact of US President Donal
A majority of chief economists worldwide expect weaker global economic conditions in 2025 but India is likely to maintain a strong growth despite signs of some momentum being lost, a new report said on Thursday. In its latest Chief Economists Outlook, the World Economic Forum said the global economy is set to face significant challenges in 2025, with 56 per cent of chief economists surveyed expecting conditions to weaken. Only 17 per cent foresee an improvement, pointing to heightened uncertainty in key regions and the need for measured policy responses worldwide, it found. The US economy is expected to deliver robust growth in 2025, and South Asia, particularly India, is also expected to maintain strong growth. The outlook for Europe remains gloomy, with 74 per cent of respondents predicting weak or very weak growth this year. The outlook for China also remains weak, and growth is projected to slow gradually in the years ahead, the WEF said in the report prepared on the basis of
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 Nifty target: Nomura suggests investors stay highly "selective" and bet on stocks and/or sectors with relative valuation comfort
India's dramatic digital transformation has empowered millions through a digital infrastructure [India Stack], democratising data, identity, and payments
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
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 .
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
The concluding part of the series looks at the financials of unlisted firms and examines capex trends
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 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