US Fed’s Rate Cut Sparks Optimism For Emerging Markets; Analysts Say India Could Benefit
The US Federal Reserve’s second 25-basis-point rate cut to 4.75% boosts optimism in emerging markets, including India.
India’s Economy Poised For 6.8% Growth In 2024, Driven By Strong Investment And Exports: UNCTAD Report
According to the UNCTAD report, India's rising exports, especially in services, chemicals, and pharmaceuticals, contribute significantly to this growth
Indian Economy On Firm Footing With Declining Inflation Trends: Shaktikanta Das
The RBI expressed confidence in the country’s economic stability, with Shaktikanta Das stressing a proactive approach to global challenges.
Indian Economy Set For 7.1% Growth In FY25, Moody’s Projects
Moody's Analytics also revised India's inflation forecast down to 4.7% from 5%. The country's inflation rate stayed below 4% in July and August. For 2025 and 2026, the inflation forecasts remain unchanged at 4.5% and 4.1%, respectively.
Stock Markets Soar As April’s Retail Inflation Eases
In Asian markets, Singapore, Tokyo, South Korea, Thailand, Malaysia, and Taiwan ended higher, while Hong Kong, Shanghai, and Indonesia closed lower
Early Trade Sees Markets Gains As April’s Retail Inflation Eases
In Asian markets, Thailand, Malaysia, Tokyo, and Taiwan were trading higher, while Singapore, South Korea, Hong Kong, and Indonesia were trading lower
Inflation Worries Continue For US Federal Reserve, No Policy Rate Cut For Sixth Time
Raising interest rates is a monetary policy instrument that typically helps suppress demand in the economy, thereby helping the inflation rate decline.
Repo Rate Remains Unchanged For The Seventh Consecutive Time Followed By Monetary Policy Meeting
RBI Governor remarked that the future appears promising for agriculture and rural activities. He emphasized that the strengthening of rural demand and improvements in employment conditions are anticipated to stimulate private consumption.
Pakistan PM Shehbaz Sharif Proposes 5-Year Plan For Country’s Economic Revival
This strategic blueprint will focus on curbing inflation, alleviating poverty and creating jobs, the Dawn newspaper reported.
Indian Rupee Reaches 82.89 Against US Dollar After A Rise Of 6 Paise
While everything was going on, the WPI increased by 0.73 percent year over year in December 2023 compared to 0.26 percent the month before, which was less than the 0.9% prediction.