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Sitharaman Calls GDP Dip a Temporary Blip, Sees Strong Growth Ahead

Finance Minister’s View on GDP Growth: In a recent statement, Finance Minister Nirmala Sitharaman addressed the lower-than-expected growth in India’s GDP for the September quarter, calling it a "temporary blip." She emphasized her confidence that India’s economy will regain strong growth in the upcoming quarters. Despite the slowdown in the second quarter, she highligh

Finance & Economics

17 Dec 2024 10:46 AM 1.12k views

Sitharaman Calls GDP Dip a Temporary Blip, Sees Strong Growth Ahead

Finance Minister’s View on GDP Growth: In a recent statement, Finance Minister Nirmala Sitharaman addressed the lower-than-expected growth in India’s GDP for the September quarter, calling it a "temporary blip." She emphasized her confidence that India’s economy will regain strong growth in the upcoming quarters. Despite the slowdown in the second quarter, she highligh

Finance & Economics

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation

The Reserve Bank of India’s Monetary Policy Committee (MPC) is expected to maintain the status quo on the benchmark repo rate at 6.5% in its upcoming meeting from December 4 to 6. Despite India's GDP growth slowing to 5.4% in the July-September quarter, economists suggest that inflation concerns will likely take precedence, making a rate cut unlikely in December. Retail inflation rose to 6.2% in October, exceeding the RBI’s target range of 2-6%. Though a repo rate cu

Finance & Economics

02 Dec 2024 10:09 AM 1.63k views

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation

The Reserve Bank of India’s Monetary Policy Committee (MPC) is expected to maintain the status quo on the benchmark repo rate at 6.5% in its upcoming meeting from December 4 to 6. Despite India's GDP growth slowing to 5.4% in the July-September quarter, economists suggest that inflation concerns will likely take precedence, making a rate cut unlikely in December. Retail inflation rose to 6.2% in October, exceeding the RBI’s target range of 2-6%. Though a repo rate cu

Finance & Economics

Hero MotoCorp to Launch Electric Motorcycle, Expands EV Portfolio with New Models

Hero MotoCorp, one of the largest two-wheeler manufacturers in India, has announced plans to enter the electric motorcycle market, making it the second legacy brand to do so. The company, known for its popular Splendor model, has already established a presence in the electric two-wheeler space with its Vida electric scooter and is now focusing on expanding its EV portfolio. This announcement comes shortly after Royal Enfield's parent company, Eicher Motors, revealed its new EV brand '

Business

18 Nov 2024 17:16 PM 2.3k views

Hero MotoCorp to Launch Electric Motorcycle, Expands EV Portfolio with New Models

Hero MotoCorp, one of the largest two-wheeler manufacturers in India, has announced plans to enter the electric motorcycle market, making it the second legacy brand to do so. The company, known for its popular Splendor model, has already established a presence in the electric two-wheeler space with its Vida electric scooter and is now focusing on expanding its EV portfolio. This announcement comes shortly after Royal Enfield's parent company, Eicher Motors, revealed its new EV brand '

Business

Rising Construction Costs in India: Labour Surge and Material Price Shifts Impact Real Estate

The cost of real estate construction in India has risen by 11% over the past year, according to a recent report by Colliers India. This increase is largely attributed to a significant rise in labour costs, which have surged by 25% annually. Labour expenses now account for over 25% of total construction costs, placing additional strain on budgets and operational expenditures. A growing demand for skilled workers, along with costs associated with training, safety, and compliance, has further dr

Real Estate

14 Nov 2024 07:09 AM 1.69k views

Rising Construction Costs in India: Labour Surge and Material Price Shifts Impact Real Estate

The cost of real estate construction in India has risen by 11% over the past year, according to a recent report by Colliers India. This increase is largely attributed to a significant rise in labour costs, which have surged by 25% annually. Labour expenses now account for over 25% of total construction costs, placing additional strain on budgets and operational expenditures. A growing demand for skilled workers, along with costs associated with training, safety, and compliance, has further dr

Real Estate

India Can Achieve Economic Growth Comparable to China, Says CII Chairman

Jamshyd Godrej, Chairman of the CII-Sorabji Green Business Centre, has expressed confidence that India can emulate the remarkable economic growth that China experienced in recent decades. Speaking exclusively on Wednesday, Godrej emphasized that achieving such growth rates, similar to China's average GDP growth of 9.91% from 1979 to 2010, is within India's reach. However, he stressed the need for enhanced coordination between Indian industries and the government in policymaking.

Business

16 Oct 2024 07:26 AM 1.24k views

India Can Achieve Economic Growth Comparable to China, Says CII Chairman

Jamshyd Godrej, Chairman of the CII-Sorabji Green Business Centre, has expressed confidence that India can emulate the remarkable economic growth that China experienced in recent decades. Speaking exclusively on Wednesday, Godrej emphasized that achieving such growth rates, similar to China's average GDP growth of 9.91% from 1979 to 2010, is within India's reach. However, he stressed the need for enhanced coordination between Indian industries and the government in policymaking.

Business

Articles

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Government Launches Phase-II Retail Sale of Subsidised Wheat Flour and Rice to Stabilise Prices

Netanyahu pardon process begins amid high-stakes legal tensions

Tensions Escalate as UN Meets Over Iran Strikes, Tehran Pledges Targeted Retaliation

Andhra Pradesh Invites Sam Altman to Boost AI Growth: Aiming to Become India’s AI Tech Hub

Mamata Banerjee Adviser Row Exposes Cracks In Rebel TMC Camp

Gautam Adani Tops Forbes India Rich List as Wealth Surges to $116 Billion

#india-growth

Sitharaman Calls GDP Dip a Temporary Blip, Sees Strong Growth Ahead

Sitharaman Calls GDP Dip a Temporary Blip, Sees Strong Growth Ahead

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation

Hero MotoCorp to Launch Electric Motorcycle, Expands EV Portfolio with New Models

Hero MotoCorp to Launch Electric Motorcycle, Expands EV Portfolio with New Models

Rising Construction Costs in India: Labour Surge and Material Price Shifts Impact Real Estate

Rising Construction Costs in India: Labour Surge and Material Price Shifts Impact Real Estate

India Can Achieve Economic Growth Comparable to China, Says CII Chairman

India Can Achieve Economic Growth Comparable to China, Says CII Chairman

Tornado watch issued as dangerous storms hit northern Illinois April 3

Unsafe Medical Practices in Pakistan Hospital Linked to HIV Outbreak Among Children

Revanth Reddy Warns Modi at Jantar Mantar: Remove BJP Flag from Red Fort if Demands Ignored

Warm trend continues with inland Bay Area hitting highs in the 90s

Government Launches Phase-II Retail Sale of Subsidised Wheat Flour and Rice to Stabilise Prices

Netanyahu pardon process begins amid high-stakes legal tensions

Tensions Escalate as UN Meets Over Iran Strikes, Tehran Pledges Targeted Retaliation

Andhra Pradesh Invites Sam Altman to Boost AI Growth: Aiming to Become India’s AI Tech Hub

Mamata Banerjee Adviser Row Exposes Cracks In Rebel TMC Camp

Gautam Adani Tops Forbes India Rich List as Wealth Surges to $116 Billion

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Tornado watch issued as dangerous storms hit northern Illinois April 3

Unsafe Medical Practices in Pakistan Hospital Linked to HIV Outbreak Among Children

Revanth Reddy Warns Modi at Jantar Mantar: Remove BJP Flag from Red Fort if Demands Ignored

Warm trend continues with inland Bay Area hitting highs in the 90s

Government Launches Phase-II Retail Sale of Subsidised Wheat Flour and Rice to Stabilise Prices

Netanyahu pardon process begins amid high-stakes legal tensions

Tensions Escalate as UN Meets Over Iran Strikes, Tehran Pledges Targeted Retaliation

Andhra Pradesh Invites Sam Altman to Boost AI Growth: Aiming to Become India’s AI Tech Hub

Mamata Banerjee Adviser Row Exposes Cracks In Rebel TMC Camp

Gautam Adani Tops Forbes India Rich List as Wealth Surges to $116 Billion

#india-growth

Sitharaman Calls GDP Dip a Temporary Blip, Sees Strong Growth Ahead

Sitharaman Calls GDP Dip a Temporary Blip, Sees Strong Growth Ahead

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation

Hero MotoCorp to Launch Electric Motorcycle, Expands EV Portfolio with New Models

Hero MotoCorp to Launch Electric Motorcycle, Expands EV Portfolio with New Models

Rising Construction Costs in India: Labour Surge and Material Price Shifts Impact Real Estate

Rising Construction Costs in India: Labour Surge and Material Price Shifts Impact Real Estate

India Can Achieve Economic Growth Comparable to China, Says CII Chairman

India Can Achieve Economic Growth Comparable to China, Says CII Chairman

Tornado watch issued as dangerous storms hit northern Illinois April 3

Unsafe Medical Practices in Pakistan Hospital Linked to HIV Outbreak Among Children

Revanth Reddy Warns Modi at Jantar Mantar: Remove BJP Flag from Red Fort if Demands Ignored

Warm trend continues with inland Bay Area hitting highs in the 90s

Government Launches Phase-II Retail Sale of Subsidised Wheat Flour and Rice to Stabilise Prices

Netanyahu pardon process begins amid high-stakes legal tensions

Tensions Escalate as UN Meets Over Iran Strikes, Tehran Pledges Targeted Retaliation

Andhra Pradesh Invites Sam Altman to Boost AI Growth: Aiming to Become India’s AI Tech Hub

Mamata Banerjee Adviser Row Exposes Cracks In Rebel TMC Camp

Gautam Adani Tops Forbes India Rich List as Wealth Surges to $116 Billion

Popular Cities