IMF upgrades Asia’s 2024 growth forecast to 4.5% driven by China and India
The growth rate represents a slowdown from the 5% pace seen last year
The growth rate represents a slowdown from the 5% pace seen last year
IMF’s Asia and Pacific Dept director says investment in China and India could contribute disproportionately to growth — much of it public, especially in India
The IMF says the "robustness" of the Indian economy reflects "continuing strength" in domestic demand and a rising working-age population
The IMF chief says the net effect of artificial intelligence is difficult to foresee, as the technology will ripple through economies in complex ways.
Central bank’s statistical model expects retail inflation to moderate to 4.8% in FY25 from 5.3% in FY24
The RBI strongly disagrees with IMF's assessment that FXI likely exceeded levels necessary to address disorderly market conditions.
In a written response in Lok Sabha, Pankaj Chaudhary says that the strong rupee, stemming from macroeconomic stability, will play a crucial role in surpassing the $5 trillion milestone
Global credit ratings agency cuts medium-term growth estimate for 10 emerging markets to 4%
Even with China's growth slowing, and India's accelerating, the gap between the two economies will continue to rise for the foreseeable future, says HSBC
The country's economic growth surges to four-quarter high in Q1 from 6.1% in previous quarter and 13.1% in year-ago period