S&P retains India’s GDP forecast at 6.8% for FY25; expects rate cut by Oct
The global ratings agency says India’s growth will moderate in FY25 from a high base in fiscal 2023–24 but remains the fastest economy in the world
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India’s services sector sees fastest expansion since March
India's Service PMI surged to 60.9 in August from 60.3 in July 2024, indicating the strongest expansion rate in the past five months
S&P raises FY25 GDP forecast to 6.8% for India
India, Indonesia, the Philippines, and Vietnam expected to post robust growth in the Asia-Pacific
Business activity in India surges to 8-month high in March: S&P Global
HSBC's fash India Composite Purchasing Managers' Index (PMI), compiled by S&P Global, climbed to 61.3 this month compared to February's final reading of 60.6.
India set to become the third-largest economy by 2030: S&P Global
Titled the 'Global Credit Outlook 2024: New Risks, New Playbook,' the report expects the country to be the fastest-growing major economy in the next three years.
S&P Global hikes India's GDP growth forecast to 6.4% for FY24
S&P Global slashes its outlook for growth in FY25 to 6.4%, from 6.9%
India to be $6.7 trillion economy by 2030: S&P
Capital accumulation led by growth in private capital investment is expected to be the key driver of growth during this period, says the report.
India's service sector growth recovers in October
The seasonally adjusted S&P Global India Services PMI Business Activity Index rose from September's six-month low of 54.3 to 55.1 in October.
S&P retains India's GDP growth at 7.3% for FY23
The ratings agency expects RBI's monetary policy committee to hike the key policy rate by another 50 basis points to 5.9% in FY23.
Manufacturing PMI: Factory output growth slowest in six months
The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) fell to 54.0 in March from 54.9 in February.
