by AIP Online Bureau | Nov 25, 2024 | Eco/Invest/Demography, International News, Policy
“In India we see GDP growth easing to 6.8 per cent this fiscal year as high interest rates and a lower fiscal impulse temper urban demand. While purchasing manager indices (PMIs) remain convincingly in the expansion zone, other high-frequency indicators indicate...
by AIP Online Bureau | Oct 31, 2024 | Eco/Invest/Demography, International News, Policy
Unexpected resilience that led economists to significantly upgrade their 2024 global growth forecasts since the beginning of the year is in large part thanks to the U.S. economy’s performance BENGALURU: Global economic growth will maintain its robust pace next...
by AIP Online Bureau | Jul 16, 2024 | Eco/Invest/Demography, Indian News, Policy
“The forecast for growth in India has also been revised upward, to 7 per cent, this year, with the change reflecting carryover from upward revisions to growth in 2023 and improved prospects for private consumption, particularly in rural areas,” the IMF...
by AIP Online Bureau | Jun 3, 2024 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
The Sensex surged by 1859.88 points, opening at a record 75,821.19. Similarly, the Nifty jumped 603.85 points, starting the day at 23,134.55.The buoyant market sentiment was further bolstered by India’s impressive Q4FY24 GDP growth of 7.8 per cent, surpassing...
by AIP Online Bureau | May 31, 2024 | Eco/Invest/Demography, Indian News, Policy
The growth propelled the Indian economy to USD 3.5 trillion and set the stage for achieving the USD 5-trillion target in the next few years Financial, real estate and professional services grew 7.6 per cent in the March 2023 quarter compared to 9.2 per cent in the...