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India in a stronger position to manage current currency challenges: BOB

India in a stronger position to manage current currency challenges: BOB

Bank of Baroda’s report highlights India’s resilience in handling current rupee challenges, citing strong macroeconomic fundamentals, controlled deficits, and robust foreign exchange reserves.

18 November,2024 08:44 AM IST | New Delhi
Bank of Baroda forecasts India’s Q2 FY25 GDP growth at 6.9%, up from 6.7% in Q1

Bank of Baroda forecasts India’s Q2 FY25 GDP growth at 6.9%, up from 6.7% in Q1

Bank of Baroda projects India’s GDP growth at 6.9 percent for Q2 FY25, citing strong domestic demand and positive economic indicators. The festive season and increased government spending are expected to support sustained growth, though inflationary pressures may affect future policy decisions.

12 November,2024 12:37 PM IST | New Delhi
India to become USD 35 trillion economy in 25 years, says Piyush Goyal

India to become USD 35 trillion economy in 25 years, says Piyush Goyal

Commerce and Industry Minister Piyush Goyal said that India moved from the “fragile five” economy in 2014, when the BJP-led NDA came to power at the Centre

08 November,2024 04:53 PM IST | Panaji, Goa | mid-day online correspondent
India's GDP growth to reach 6.5% in Q2 FY25, with full-year growth nearing 7%

India's GDP growth to reach 6.5% in Q2 FY25, with full-year growth nearing 7%

SBI projects India's GDP growth at 6.5 percent for Q2 FY25, with a positive outlook for the second half, potentially bringing annual growth closer to 7 percent. Rural demand is expected to drive recovery.

06 November,2024 11:12 AM IST | New Delhi
FICCI forecasts 7.0 per cent annual GDP growth for India in 2024-2025

FICCI forecasts 7.0 per cent annual GDP growth for India in 2024-2025

FICCI said that the median growth forecast for agriculture and allied activities will likely be at 3.7 per cent for 2024-25.

18 July,2024 12:40 PM IST | Delhi | ANI
Maharashtra tops GDP contribution, to grow by 7.6 pc

Maharashtra tops GDP contribution, to grow by 7.6 pc

The report said the agriculture and allied activities sector growth was only 1.9 per cent because it was hit by the scarcity situation. 

28 June,2024 06:01 AM IST | Mumbai | A Correspondent
RBI Governor announces monetary policy, repo rate unchanged at 6.5 pc

RBI Governor announces monetary policy, repo rate unchanged at 6.5 pc

Governor Shaktikanta Das announced the second bi-monthly monetary policy for the financial year 2024-25 at 10 am on Friday. The RBI's repo rate, is currently held at 6.50 per cent, unchanged since February 2023.

07 June,2024 11:43 AM IST | Mumbai | mid-day online correspondent
Rupee surged to 83.04 against US dollar after exit poll result

Rupee surged to 83.04 against US dollar after exit poll result

The rupee surged 38 paise to reach its three-month high level of 83.04 against the US dollar. The country's Goods and Services Tax (GST) receipts increased 10 per cent to Rs 1.73 lakh crore in May. On Friday, foreign investors bought shares worth a net of Rs 1,613.24 crore.

03 June,2024 12:16 PM IST | Mumbai | mid-day online correspondent
Indian economy likely to grow 7 pc in 2024-25: RBI chief

Indian economy likely to grow 7 pc in 2024-25: RBI chief

Indian economy is likely to grow at a rate of 7 per cent in the next fiscal and inflation is likely to ease further, RBI Governor Shaktikanta Das said on Wednesday

17 January,2024 06:55 PM IST | Davos | PTI
GDP grows 4.1 per cent in January-March quarter; 8.7 per cent in FY22

GDP grows 4.1 per cent in January-March quarter; 8.7 per cent in FY22

However, growth in the January-March period was slower than the 5.4 per cent expansion in the previous October-December quarter of 2021-22

31 May,2022 05:47 PM IST | New Delhi | PTI

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