Gdp
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S&P Global Ratings projects India's GDP growth 7 per cent by 2026 compared to 4.6 per cent for China
Business | Nov 28, 2023, 09:50 PM ISTAmerican Rating agency S&P in its report titled- 'China slows, India grows' pegged India's GDP growth at 7 per cent by by 2026, while China's GDP growth is projected at 4.6 per cent.
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Smallcap stock secures $50 million order as gems and jewellery industry see rise in demand
Business | Nov 07, 2023, 08:25 PM ISTThe gems and jewellery industry, a significant contributor to India's economy, faces challenges with a predicted 30-35% revenue drop in the diamond polishing sector for the financial year 2023-24 due to poor demand from the US, EU, and China.
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Amid buoyancy in financial sector, multibagger NBFC stock finalises allotment of rights issue
Business | Oct 12, 2023, 07:11 AM ISTAccording to a BSE filing, the Rights Issue Committee has approved the allotment of over 20 crore fully paid-up Rights Equity shares at a price of Rs 2.40 per Rights Equity share, including a premium of Rs 1.40 per share.
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Manufacturing propelling growth: Multibagger small cap industrial stock rallies amid fundraising buz
Business | Aug 30, 2023, 08:02 AM ISTPropelled by the government initiates, the manufacturing sector has produced several multibaggers on the Dalal Street over the last few years and still has potential to create several multibaggers going forward.
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India's GDP growth in Q1 FY24 to exceed RBI's estimate of 8%, say economists
Business | Aug 23, 2023, 10:30 AM ISTThe RBI had forecast a growth of 8% in the April-June quarter in its monetary policy statement in June. However, economists believe that the actual growth could be higher, at around 8.3% to 8.5%.
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Central debt increased by 174% between 2013-14 and 2022-23, external debt by 100%: Finance Ministry
Business | Aug 14, 2023, 08:29 AM ISTThe government's external debt, which was 374,484 crore in 2013–14, will increase by 100% to 7,48,895 crore in 2022–23.
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Up over 50% in 2 years, small cap stock Vikas Ecotech cuts debt; secures fresh orders
Business | Aug 12, 2023, 06:37 AM ISTThe development assumes significance as it comes in the backdrop of the government's efforts to support small and medium enterprises that contribute more than 30 per cent to the country's GDP.
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Multibagger logistics stock posts robust earnings in first quarter amid strong demand
Business | Aug 09, 2023, 08:23 AM ISTThe logistics sector's role in driving the economy is significant, contributing an estimated 13-14 per cent to India's GDP.
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Gross market borrowing hits Rs 5.77 lakh cr until July this fiscal: Nirmala Sitharaman
Business | Aug 01, 2023, 07:44 PM ISTThe central government has wanted to raise net debt assets of Rs 17.99 lakh crore from different sources in 2023-24, basically, to fund its financial deficit, Sitharaman said in a composed answer to the Rajya Sabha.
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Eight key infrastructure sectors growth healthy but slower from last year
Business | Aug 01, 2023, 12:34 AM ISTThe output growth of the eight sectors slowed down to 5.8 per cent in April-June 2023-24 against 13.9 per cent in the year-ago period.
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Indian economy to grow at 6.1 per cent in 2023, projects IMF
Business | Jul 25, 2023, 08:43 PM ISTThe IMF projected a growth rate of 6.1 per cent for India in 2023, which is a 0.2 percentage point upward revision compared with the April projection.
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What is rights issue in share market? Logistics major NECC to raise additional funds
Business | Jul 20, 2023, 08:12 AM ISTRecently, transport and logistics firm North Eastern Carrying Corporation has announced rights issue of equity shares.
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China's economy experiences lower growth than expected at 6.3 pc due to weaker consumer demand
World | Jul 17, 2023, 11:01 AM ISTChina is expected to slow further in coming months given slack consumer demand in China and weaker demand for Chinese exports in other economies as their post-pandemic recoveries lose momentum.
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India's current account deficit dips to 0.2% of GDP in Q4 FY23: RBI data
Business | Jun 27, 2023, 07:25 PM ISTThe trade deficit decreased to USD 52.6 billion from USD 71.3 billion in the previous quarter, which was primarily responsible for the sequential decline in CAD in the fourth quarter of the previous fiscal year. Additionally, robust service exports contributed to the decrease in CAD.
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Two-thirds of Rs 2,000 notes returned within a month of withdrawal: RBI Guv Shaktikanta Das
Business | Jun 25, 2023, 03:55 PM ISTShaktikanta Das had said around Rs 1.8 lakh crore worth of the Rs 2,000 notes in circulation had been returned, with the remaining balance being exchanged for deposits and deposits of 8 lakh crore.
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Rs 2,000 note withdrawal can boost GDP growth: Report
Business | Jun 19, 2023, 07:14 PM ISTThe real GDP growth for the first quarter of FY24 will come at 8.1 per cent with an upward bias and the Reserve Bank of India's 6.5 per cent estimate can also be exceeded, economists at the country's largest lender SBI said.
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India will be among fastest growing economies in the world in 2023: RBI Governor
Business | Jun 13, 2023, 07:49 PM ISTThe governor of the RBI stated that the Indian economy had experienced rapid growth and had gradually integrated into the global economy over time.
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Moody's flags fiscal slippage risks, projects India's GDP growth at 6-6.3 per cent in June quarter
Business | Jun 11, 2023, 07:11 PM ISTGene Fang, Associate Managing Director of Moody's Investors Service, stated in an interview with PTI that India's general government debt will be approximately 81.8% of GDP in 2022 and 23 and that the country will have low debt affordability.
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CEA expresses optimism about Indian economy says, 'FY23 GDP growth likely to be over 7.2 pc
Business | Jun 11, 2023, 04:28 PM ISTNageswaran said that the "heartening achievement for the government and economy" of 7.2% GDP growth when he spoke at this event hosted by the Bharat Chamber of Commerce.
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Pakistan’s economy to grow by two per cent in the next fiscal year, says World Bank
World | Jun 07, 2023, 03:43 PM ISTPakistan economic growth: The report forecasts the growth in the region to slow marginally in 2023, to 5.9 per cent, and more significantly in 2024, to 5.1 per cent.