Tag: economic outlook
RBI cuts repo rate by 0.25 pc, first time in nearly five yrs
Key TakeawaysThe RBI cut the repo rate by 0.25% to 6.25% for the first time in nearly five years.The move is expected to ease...
India services PMI rises to 60.9 in Aug from 60.3 in July
Key TakeawaysThe HSBC India services PMI rose to 60.9 in August, driven by stronger expansions in business activity and new work.The increase in new...
Middle East conflict has caused only limited impact on trade so far, says Crisil
Key TakeawaysThe Middle East conflict has caused only limited disruption to India's overall trade so far.Exports of diamonds and imports of fertilisers may see...
World Bank pegs India’s FY24 GDP growth at 6.3 pc
Key TakeawaysThe World Bank projects India’s FY24 GDP growth at 6.3%, despite global headwinds.India remains one of the fastest‑growing major economies, ranking second among...
