India got 14.3% of global remittances in 2024, its highest ever
China secured only 5.3% of global remittances in 2024, its lowest share in at least two decades Economy news, Latest Economic News, GDP, World Economy, Indian Economy | The Hindu
Month: December 2024
Trump’s first actions and job data to test market in January
Economy news, Latest Economic News, GDP, World Economy, Indian Economy | The Hindu
Prospects of economy expected to improve in 2025: RBI Governor
Slowdown in growth and moderation in inflation are building case for RBI to slash policy rate in its upcoming Monetary Policy Committee meeting Economy news, Latest Economic News, GDP, World … Read More
Economy exhibiting resilience, GDP to grow at 6.6 pc in FY25: RBI report
The Reserve Bank has released the December 2024 issue of the Financial Stability Report (FSR), which reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council … Read More
2025 may ring in small savings rate cuts
While the case for a rate cutting cycle is in place starting with the upcoming quarter, government may defer its initiation till April for better optics as a reduction amid … Read More
Why inflation will matter more in 2025: Explained
What have the Q2 of 2024-25 GDP numbers revealed? How are soaring food prices impacting the situation? Why couldn’t the RBI effect interest rate cuts? Why is there a worry … Read More
CAD moderates marginally to 1.2% of GDP in Q2: RBI data
Merchandise trade deficit increased to $75.3 billion in the second quarter of 2024-25 from $64.5 billion in the comparable period of 2023-24, as per the RBI’s data on Balance of … Read More
Forex reserves drop by $8.478 billion to $644.391 billion
In the previous reporting week, the reserves had dropped by $1.988 billion to a six-month low of $652.869 billion. Economy news, Latest Economic News, GDP, World Economy, Indian Economy | … Read More
Singh’s contributions as architect of India’s economic reforms have left indelible mark: RBI Governor Sanjay Malhotra
RBI Governor praises Dr. Manmohan Singh’s economic reforms, highlighting his legacy as a visionary economist and former Prime Minister Economy news, Latest Economic News, GDP, World Economy, Indian Economy | … Read More
Manmohan Singh: A forthright Finance Minister
Dr. Singh, with a light and literary touch, unleashed the animal spirits of the Indian economy Economy news, Latest Economic News, GDP, World Economy, Indian Economy | The Hindu