Inflation Archives - Page 2 of 4

In November, last year, S&P Global had projected India's growth to be 6.4 percent

S&P Global shows rise in India’s growth forecast for 2024-25

PGurus Newsdesk - March 26, 2024 1

S&P ups India growth forecast to 6.8% for FY'25 On Tuesday, S&P Global Ratings, in its Economic Outlook for the Asia Pacific, raised India's growth...

Investment demand appears to be resilient with the government’s infrastructure spending, an uptick in private capex, automation, digitalization, and indigenization providing a boost

Economy

India’s GDP growth expected to accelerate in Q3 of 2023-24: RBI...

PGurus Newsdesk - November 16, 2023 1

GDP growth expected to accelerate in Q3 of 2023-24 The momentum of India's GDP growth is sequentially expected to be higher in Q3:2023-24, "with festival...

Economy

US economy perched on dangerous edge as workers & employers in...

PGurus Newsdesk - October 14, 2023 0

Economists predict path forward for the US economy seems more uncertain than it has in some time The US economy seems perched on a "dangerous...

Staples like cereals and pulses are unlikely to offer relief in the near term amid hardening international prices and subdued sowing domestically

Economy

Wider range of food items drive 7%-plus inflation

PGurus Newsdesk - August 27, 2023 0

Not tomatoes, but these food items will pose a greater inflation risk in the coming months Staples like cereals and pulses are unlikely to offer...

Hopes of a demand recovery from India may also contribute to the trend. However, it is unlikely for major rallies due to uncertainties over US rate hikes and the performance of US assets, he said

Investing

Geopolitical & economic uncertainty offers support to gold prices

PGurus Newsdesk - August 25, 2023 0

Investors can cautiously increase their exposure to gold as prices corrected about 5% from their all-time highs: Geojit Financial Services The ongoing geopolitical and economic...

Core inflation witnessed a moderation, and headline inflation is expected to average well above 6% in the second quarter of the current fiscal

Economy

Economy gathering momentum in Q2: RBI

PGurus Newsdesk - August 18, 2023 0

Fixed investment in India responds positively to higher GDP growth, real non-food credit growth, and economic policy certainty In a monthly bulletin for August 2023,...

Despite upwardly revising inflation forecasts, the RBI stayed away from outright tightening of the monetary policy in August

Banking

Symbolic RBI rate hike to have adverse implications for equity markets

PGurus Newsdesk - August 17, 2023 0

RBI views inflation primarily as a monetary phenomenon and monetary policy action is needed to control inflation, regardless of supply or demand The extent of...

Fitch is either mortally afraid of stating the real reasons or they are really clueless – the readers can come to their own conclusions

Economy

Why the Fitch downgrade doesn’t make sense

Shanmuganathan Nagasundaram - August 14, 2023 0

Fitch cuts US credit rating from AAA to AA+ Rating agency Fitch recently downgraded the US government’s Foreign Currency Issuer Default Rating from AAA to...

As many as 90 percent of advanced economies would experience a decline in their growth rate this year

Economy

Global growth to remain 3% over next five yrs; heading for...

PGurus Newsdesk - April 7, 2023 1

IMF warns five-year global growth outlook is weakest since 1990 The global economy is heading for the weakest period of growth since 1990 as higher...