World Bank Cuts India’s GDP Forecast to 6.5%
The World Bank reduced India’s growth prediction for 2022-23 (April-March) by 100 basis points, forecasting that the Indian economy will grow at 6.5 per cent, down from 7.5 per cent in June. India’s GDP registered a growth of 8.7 per cent in 2021-22. The Bank marked in its latest South Asia Economic Focus, issued ahead…
Suyashi Shukla
India Becomes World’s 5th Largest Economy- Beats The UK
India has left behind the United Kingdom to become the world’s 5th largest economy. As per IMF projections, India is now following only the United States, China, Japan, and Germany in terms of economy. A decade ago, India was ranked 11th position among the largest economies, while the United Kingdom ranked on fifth place. With…
Shipra Prajapati
World Economy Is Battered, India’s Q1 GDP Numbers Are Out
Europe’s economy is encountering severe inflation due to the Russian-Ukraine war and endangering energy shortage, and now all eyes are on India, as its Quarter 1 GDP growth is 13.5%. 2022 was expected to be the year of bouncing back after two tough phases of the pandemic, but the economies worldwide are not completely recovered…
Rishita Sharma
11 Top And Fastest-Growing Industry In India
In this post, we will rank the fastest growing industry in India based on the growth over the last few years and overall contribution to the country’s GDP. The Covid-19 pandemic has significantly changed the face of the market and we have seen several emerging trends which have greatly affected various industries and businesses around…
nitin
India Reports 8.4% Quarterly GDP Growth- But How Long?
The Indian economy grew by 8.4% in the third quarter, surpassing its pre-pandemic level, as vaccination increased and services activity returned to normal following the devastating second wave of the pandemic in the second quarter. Gross domestic product (GDP) growth averaged 13.7 percent in the first half of the fiscal year, helped by a good…
Dalal Street Week Ahead: Factors That Will Impact Stock Market
The stock market is likely under a lot of pressure next week until the severity of the new COVID-19 variant emerges. Check more details in the following section. People generally get excited when there is a sale around. But, it was a Black Friday sale, traders and investors looked nervous as the Indian equity market…
Global Stock Markets Falls With the Repercussions Of Evergrande ‘collapse’
The global equity market and the prices of Bitcoin plummeted after China’s Evergrande Group’s Collapse, a Chinese real estate giant. The world’s most indebted property development firm, Evergranade, fears bankruptcy, resulting in 1.6 million unfinished homes and angry buyers protecting outside the company’s office. The global sentiments have been rattled by the real estate firm,…
India’s MCap Increases By 2x In 18 Months, Escalates To 3.5 Trillion
The strong bull run revives the stress that investors had in late March when global investors were frightened about the economic setbacks due to the Covid-19 pandemic surging to the market. India’s Market Capitalization jumps over 3.5-trillion—almost double from about 1.3-trillion then in March. Several factors contributed to this record-breaking history in the global market,…