Articles tagged with: economic growth

HSBC downgrades Indian stock market to 'neutral' from 'overweight' for 2025

New Delhi, January 9: As India faces slowing economic growth, HSBC Global Research has downgraded the Indian stock market outlook from "overweight" to "neutral".


MoRTH focuses on corridor-based approach to high-speed highway development

New Delhi, January 9: The Ministry of Road Transport and Highways (MoRTH) is emphasizing a corridor-based approach for highway development, prioritizing consistent standards, user convenience, and logistics efficiency says a report by Axis Securities.


India will have an average growth of above 7 pc in subsequent four quarters: Franklin Templeton

New Delhi, January 9: Despite the recent challenges and lower-than-expected growth of 5.4 per cent in second quarter of 2025 (Q2FY25), the subsequent four quarters growth is expected to remain on an average of over 7 per cent, says the annual outlook of India by Franklin Templeton. India's domestic growth outlook remains resilient despite recent challenges. The outlook for India says high-frequency indicators suggest that the domestic slowdown has bottomed out in Q2FY25 and recovery signs are evident, driven by festive demand and rural activities."in the subsequent four quarters growth is expected to remain on an average above 7.0 per cent, supported by strong domestic demand and prudent government policies." says the annual outlook.


Govt committed to make Andhra Pradesh prosperous, modern: PM Modi

Visakhapatnam, Jan 8: Prime Minister Narendra Modi said on Wednesday that the NDA government is committed to developing Andhra Pradesh into a prosperous and modern state.


Development of Andhra is our vision, serving its people is our resolve: PM Modi at Visakhapatnam

Visakhapatnam, January 8: Prime Minister Narendra Modi on Wednesday praised Andhra Pradesh as a state of "possibilities and opportunities" and reaffirmed the Centre's committment to its development.


Budget should focus on increasing capex, checking fiscal deficit, reducing debt to GDP: EY India

New Delhi, January 8: Emphasis on fiscal consolidation, tax system simplification, and investment-driven growth, in the Budget 2025 will lay a solid foundation for sustained economic development in India, asserted global consulting and professional services firm Ernst & Young India.


Private equity investments in India surge to $15 billion in 2024, a 46.2 pc growth

New Delhi, Jan 8: Driven by sectors such as healthcare and pharmaceuticals, consumer-related industries and technology -- amid stable political scenario and favourable policy environment -- private equity (PE) investments in India surged to $15 billion in 2024, marking a 46.2 per cent increase from the previous year, according to a report on Wednesday.


SBI downgrades India's GDP growth forecast to 6.3% for FY25 after NSO estimate of 6.4%

Mumbai, January 8: The State Bank of India (SBI) has revised its forecast for India's GDP growth in FY25 to 6.3 per cent, slightly lower than the National Statistical Office's (NSO) estimate of 6.4 per cent.


No resource constraint, adequate money available for what we need: Defence Secretary RK Singh

New Delhi, January 7: Amid a debate on finding solutions to Indian fighter aircraft requirements, Defence Secretary Rajesh Kumar Singh on Tuesday made it clear that there was no resource constraint and the country has adequate money available for its needs.


India's metal & mining industry is a bright spot when global market is struggling with stagnant commodity volumes

New Delhi, January 7: Indian metal and mining companies are emerging as a bright spot in a global market that is struggling with stagnant commodity volumes, according to a report by Jefferies.


Odisha CM approves five investment projects expected to generate over 23,000 jobs

Bhubaneswar, January 7: The 38th High-Level Clearance Authority (HLCA) headed by Odisha Chief Minister Mohan Charan Majhi approved five investment projects in the state.


India's services sector growth surges to 4-month high in Dec: Report

New Delhi, Jan 6: India's services sector growth rose to a 4-month high in December as robust demand boosted business activity with strong job creation taking place during the month, according to a survey released on Monday.


India's HSBC service index registers strongest expansion in 4 months, index rose from 58.4 in Nov to 59.3 in Dec

New Delhi, January 6: India's services sector ended 2024 on a strong note, with the HSBC India Services Business Activity Index rising from 58.4 in November to 59.3 in December, according to the HSBC PMI survey.


After robust digital infra, India taking big strides in renewable energy: N Chandrasekaran

New Delhi, Jan 5: After creating a world-class digital public infrastructure (DPI), India is taking giant strides in renewable energy which is another global transition sector, Tata Group Chairperson N. Chandrasekaran has stressed.


Economic growth, rise of AI driving dynamic labour market in UAE

Abu Dhabi, January 4: The UAE's job market has solidified its position as a global destination for professionals seeking opportunities across various sectors. This achievement is attributed to the country's thriving and diversified national economy, supported by an investment-friendly environment that enhances its attractiveness.


Manmohan Singh as PM pulled 138 million people out of 'below poverty line': Montek Singh Ahluwalia

New Delhi, January 3: Economist Montek Singh Ahluwalia praised former Prime Minister Manmohan Singh for his efforts to bring 138 million people out of the 'below poverty line (BPL)'. Ahluwalia, former Deputy Chairman of the Planning Commission of India, said that India grew faster in terms of economic growth during Singh's tenure than it had ever done.


Maharashtra leads in FDI with 95% of annual investment achieved in just 6 months: CM Devendra Fadnavis

Mumbai, January 3: Maharashtra has emerged as the frontrunner in attracting Foreign Direct Investment (FDI), with the state having already received 95 per cent of its annual average FDI inflow in just the first six months of the financial year 2024-25, stated Maharashta Chief Minister Devendra Fadnavis on Friday.


India is well positioned to more than fend for itself, it can enhance its economic potential, by seizing the opportunities: Anand Mahindra

Mumbai, January 01: In a New Year 2025 letter to employees, Anand Mahindra, Chairman of Mahindra Group, shared his optimistic vision for India and reaffirmed the core values that have guided the conglomerate for nearly eight decades.


Articles tagged with: economic growth