Aqgromalin Raises Rs 5.5 Crore From Zephyr Peacock
Aqgromalin raised Rs 5.5 crore in funding led by Zephyr Peacock India Growth Fund. As part of the deal, Zephyr Peacock, provider of growth capital...
Tag : GDP
Moody’s Cuts India Growth Forecast For 2021 to 9.6%
Moody’s Investors Service on Wednesday forecasted India’s growth to 9.6 per cent for the 2021 calendar year, from its earlier estimate of 13.9 per cent,...
Credit Suisse Cuts India’s FY22 GDP Forecast to 8.5-9%
Credit Suisse has sharply lowered its real GDP growth forecast for this fiscal year to around 8.5-9 per cent, citing economic disruptions in the country...
Fiscal Deficit to Bring Down to 4.5% of GDP by FY26: Budget 2021
India’s fiscal deficit target for 2021-22 is a little bit higher than expected, a Moody’s analyst said on Monday, after the government presented its federal...
FM to Table Economic Survey 2020-21 in Parliament Today
Finance Minister Nirmala Sitharaman tabled the Economic Survey 2020-21 in the Lok Sabha following which the house was adjourned. Today’s Survey holds significance as the economy...
India March Manufacturing PMI at Four-Month Low of 51.8
India’s manufacturing sector growth slowed to a four-month low in March as a nationwide lockdown, called to contain the COVID-19 outbreak, threw economic activity out...
Stock Markets to Remain Open on Budget Day
As the Narendra Modi government has decided to stick to its tradition of presenting the Union Budget on February 1 despite it being a Saturday...
ADB Trims India's GDP Growth Forecast to 5.1% in FY20
The Asian Development Bank (ADB) has trimmed its forecast for India’s economic growth in 2019-20 to 5.1 per cent saying consumption was affected by slow...
SBI Mutual Fund ‘Slowdown’ Due to Consumer Over-Leverage
According to a leading asset management company, consumers are spending much more than their income and also resorting to loans to fund their lifestyle, resulting...
Slowdown In Government Spending Hurting Growth
The key reason behind the recent slowdown in GDP growth is the slowdown in government spending and burgeoning imports, as per Reserve Bank of India...