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Economy / Bloomberg Quint

Power Minister Urges Innovation In Industry To Make Sector Growth Engine For Economy

India's ambitious target of 500 GW of renewable energy target by 2030 provides various opportunities, the minister said.

22 Feb 2025 3:46 pm
Maha Kumbh To Boost Uttar Pradeshs Economy By Over Rs 3 Lakh Crore, Says CM Yogi Adityanath

India is moving ahead as the world's fastest-growing large economy and 140 crore Indians should feel proud of this, he said.

21 Feb 2025 2:49 pm
India Economy And Strategy Is RBI Navigating The Storm With An Outmoded Compass? Read Systematix' Analysis

Amid the fiscal logjam, characterized by govt spending cutbacks and the RBI's acquiescence in initiating rate easing are seen as the necessary steroids, adds the brokerage.

20 Feb 2025 8:58 am
RBI Launches App Offering Indian Economy Data In User-Friendly, Visually Engaging Format

The app offers macroeconomic and financial statistics relating to the Indian economy in a user-friendly and visually engaging format, RBI said.

19 Feb 2025 12:00 am
Economy Expected To Grow 6.4% In Q3, Says ICRA

The National Statistical Office will release the OctoberDecember growth estimates on Feb. 28.

18 Feb 2025 9:27 pm
In This Economy...: Trump's Tariff Tanturms Loom Over India

Analysts are finding it very challenging to ascertain how non-tariff barriers will impact the game.

18 Feb 2025 10:24 am
Charting the Global Economy: US Inflation Picks Up Ahead Of Tariffs

After the CPI report, Trump ordered his administration to consider imposing reciprocal tariffs on numerous trading partners.

16 Feb 2025 6:23 pm
QIP Fundraising Hits Record High In 2024, Real Estate Leads With Rs 22,320 Crore

The real estate sector emerged as a dominant contributor, with eight developers and one Real Estate Investment Trust (REIT) collectively raising Rs 22,320 crore.

13 Feb 2025 1:47 pm
India To Become World's Third-Largest Economy By 2027: Scindia

The unemployment rate had reached 10% during the Congress rule, which has been limited to 3% under the leadership of PM Modi, the Union Minister of Communications told reporters in Bhopal.

12 Feb 2025 11:07 pm
India's Economy On Recovery Path, To Remain Fastest-Growing: Nirmala Sitharaman

Speaking about GDP growth, Sitharaman said in the three years prior to 2024-25, the country's GDP growth rate averaged about 8%.

11 Feb 2025 7:58 pm
India's Economy To Grow At 6.4% Amid Global Uncertainties: Sitharaman

The effective capital expenditure in Budget 2025 is projected at Rs 15.48 lakh crore, with the fiscal deficit expected at 4.4%.

11 Feb 2025 6:04 pm
Maharashtra To Contribute Significantly In Making India Third Largest Economy By 2030: Nitin Gadkari

Development will be seen in agriculture, rural, as well as in industrials, and manufacturing, Nitin Gadkari said.

10 Feb 2025 9:52 am
Godrej Group Firm Anamudi Real Estates Buys Rs 81 Crore Land Parcel In Mumbai: Square Yards

Godrej Group firm Anamudi Real Estates has bought 670 square yard land, along with some built-up area, in Mumbai for Rs 81 crore, according to property consultant Square Yards

8 Feb 2025 10:59 pm
Charting The Global Economy: US Job Growth Cools, Bank Of England Cuts Rates

US employment growth moderated at the start of the year, partly a reflection of winter weather and Los Angeles-area wildfires, after two months of solid hiring.

8 Feb 2025 6:34 pm
Nirmala Sitharaman Says Monetary, Fiscal Policy Collab Will Aid Economy, Private Capex

The RBI and the government will work in coordinated fashion keeping growth in mind, Finance Miniser Nirmala Sitharaman says after a customary post-budget meeting with the central bank's board.

8 Feb 2025 2:45 pm
RBI Monetary Policy: Economy To See Rate Cut Impact In Two Quarters

The transmission of the rate cut would depend on the average tenure of existing deposits, RBI Governor Sanjay Malhotra said.

7 Feb 2025 1:45 pm
Economy Check: High Frequency Indicators Remain Mixed, Risks To Downside Persist

Even with higher fiscal spending and ongoing strength in industrial indicators, the growth backdrop in India remains mixed, Barclays said.

7 Feb 2025 12:45 pm
USAID Closure May Offset India's Economy, Countries Like Ukraine, Uganda, Sudan To Suffer: Experts

An expert warned that India's growing economy may be able to offset some of the immediate fallout, other nations dependent on USAID's support such as Sudan, Ukraine, and Uganda will suffer.

4 Feb 2025 6:06 pm
Charting The Global Economy: US Fed Holds While ECB Lowers Rates

Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy, markets and geopolitics.

2 Feb 2025 4:41 pm
Digital India's Triumph: Economic Survey 2024-25 Projects $1 Tn Milestone For Digital Economy

$1 trillion and counting: India's digital economy is on fire! It is not only expected to create a huge number of jobs, it will likely transform the labor market, says the Economic Survey 2024-25.

31 Jan 2025 6:45 pm
ECB Cuts Rates For Fifth Time As Euro-Zone Economy Flatlines

Investors maintained bets for further easing, pricing an additional 70 basis points of cuts during the rest of 2025.

30 Jan 2025 8:09 pm
US Economy Ends 2024 With 2.3% GDP Growth, Boosted By Consumer

Inflation-adjusted gross domestic product increased an annualised 2.3% in the fourth quarter after rising 3.1% in the prior three-month period, according to the governments initial estimate.

30 Jan 2025 8:07 pm
Budget 1991 Rewind: How Manmohan Singh Revived The Indian Economy

Manmohan Singh's 1991 budget was a turning point, one that propelled India into the global economic mainstream and marked the beginning of a new era of prosperity.

30 Jan 2025 3:51 pm
Modi Applauds Coldplay, Calls For Focus On Concert Economy

Coldplay's show became the largest-ever concert in India, surpassing previous attendance records set by superstars like Ed Sheeran, Justin Bieber and even Michael Jackson.

28 Jan 2025 7:36 pm
Steep Selloff In Real Estate Stocks Peaks Interest Of Selective Buyers

The NSE Nifty Realty Index is down 20% so far in January, on course for its worst monthly underperformance versus the broader benchmark in 14 years.

28 Jan 2025 10:44 am
Stocks To Watch Today: LTIMindtree, KEC International, HCLTech, Aditya Birla Real Estate

Ceigall India, ASK Automotives, One Mobikwik Systems among others are some other stocks to watch.

27 Jan 2025 7:00 am
Budget 2025: Use Budget To Understand Economy And Build Long-Term Portfolio, Says Saurabh Mukherjea

Saurabh Mukherjea highlights the risks of event-based investing and urges investors to analyse Budget 2025 for macroeconomic trends and government priorities before making financial decisions.

27 Jan 2025 6:57 am
Maha Kumbh 2025 To Give Huge Boost To India's Economy, Says Yogi Adityanath

Yogi highlighted that the Maha Kumbh, through aspects of infrastructure development and the free flow of pilgrims, will give a huge boost to the nations and the states economies.

26 Jan 2025 7:27 pm
Charting The Global Economy: Bank Of Japan Raises Interest Rates

In its outlook report, the BOJ raised most of its inflation projections, with all six of them currently at 2% or more for the first time since it started publishing them.

25 Jan 2025 9:30 pm
Ramesh Damani Stays Positive On Indian Economy, Markets Despite Trump 2.0 Jitters

India will perhaps manage to escape because of the domestic economy and China Plus One strategy, Damani said.

25 Jan 2025 1:26 pm
Government Forecasts India's Digital Economy At About 12% Of GDP

The government expects India's digital economy to expand as new digital industries and traditional sectors contribute to growth, targeting 20% of GDP by 2030.

22 Jan 2025 10:06 pm
Aditya Birla Real Estate Shares Drop After Lackluster Q3 Earnings

The company reported net loss of Rs 42.4 crore, a sharp contrast to the Rs 79.9 crore profit posted in the same quarter last year.

21 Jan 2025 2:43 pm
Davos 2025: India Needs Bigger Reforms To Become $10 Trillion Economy, Says Gita Gopinath

Recent moderation in growth trajectory is due to a slowdown in public investments post-elections, Gopinath said.

21 Jan 2025 2:34 pm
Trump 2.0: UBS' Base Case For US Economy Stands At 'Growth Despite Tariffs'

On the bond side, UBS anticipates a decline in the 10-year US Treasury yield, forecasting it will fall to 4% in 2025.

21 Jan 2025 12:10 pm
Charting The Global Economy: Inflation Cools In US And UK

In the US, the core consumer price index stepped down for the first time in six months, whereas the UK's inflation cooled for the first time in three months.

18 Jan 2025 7:54 pm
GDP Expected To Grow 6.5% In FY25, India To Remain Fastest-Growing Major Economy: World Bank

The GDP growth is expected to decelerate to 6.5% in FY25 from 8.2% in FY24, reflecting a slowdown in investment and weak manufacturing growth, the report says.

17 Jan 2025 11:08 am
Indias GDP To Grow 6.8% This Year, Fourth Largest Economy By 2026: PHD Chamber

With the Indian economy growing resiliently over the past three years, it is expected to become the fourth largest economy in the world by 2026, surpassing Japan, said Hemant Jain, President, PHD Chamber of Commerce and Industry.

15 Jan 2025 8:04 pm
Indias Energy Security Will Fuel Bid To Become $4 Trillion Economy Much Earlier: Hardeep Puri

According to Puri, there is no shortage of fossil fuel in the world.

11 Jan 2025 10:50 pm
Charting The Global Economy: Bond Yields Soar To Kick Off 2025

A selloff in the $28 trillion US Treasury market worsened after a strong employment report fueled bets that the Federal Reserve will delay further interest rate cuts.

11 Jan 2025 5:43 pm
Indian Real Estate Sees 54% Growth In Equity Investments, Reaching $11.4 Billion

Domestic investments remained the primary driver, with around 70% share in total equity investments in 2024 calendar year.

10 Jan 2025 10:19 pm
Indian Economy Projected To Grow 6.6% In 2025, Boosted By Private Consumption And Investment: UN

The Indian economy grew by 6.8% in 2024 and is forecast to expand by 6.6% in 2025. The Indian economy is projected to return to the 6.8% growth in 2026.

10 Jan 2025 10:06 pm
Strata Receives SEBI Approval To Launch Small And Medium Real Estate Investment Trust

Strata was previously a tech-enabled real estate investment platform that allowed investors to own and sell fractions of pre-leased, Grade-A commercial properties.

9 Jan 2025 8:24 pm
Aditya Birla Real Estate Share Price Slides After Supreme Court Overturns 6.31-Acre Land Ruling

The land in question is a 6.31-acre leasehold property located in Lower Parel, Mumbai which Aditya Birla Real Estate (then Century Textiles) claims the rights to.

8 Jan 2025 3:29 pm
Maha Kumbh 2025 To Have Major Impact On Local Economy, Says Neelkanth Mishra Here's How

Maha Kumbh 2025 can significantly boost the income of the residents of Prayagraj, a city with a population of 17 lakh, Neelkanth Mishra said.

7 Jan 2025 8:03 pm
ASK Property Fund, India Sothebys Launch Rs 1,000-Crore Luxury Real Estate Fund

ASK Property Fund and India Sothebys International Realty have teamed up to create a Rs 1,000-crore fund aimed at investing in high-end residential properties.

7 Jan 2025 6:28 pm
DLF, Oberoi Realty Are Morgan Stanley's Real Estate Stock Picks On Outperformance Hopes

For the quarter ending December 2024, Morgan Stanley forecasts a notable 20-35% sequential growth in the last twelve months sales for DLF and Oberoi.

6 Jan 2025 12:57 pm
Signatureglobal Eyes Rs 10,000-Crore Sales In FY25 As Gurugram's Real Estate Booms

Gurugram is very uniquely positioned and demand in the region is much larger than what is being supplied right now in terms of housing units, CEO Rajat Kathuria says.

2 Jan 2025 11:12 am
Power, Real Estate, Renewables Among Sectors To Watch Out For In 2025, Says JPMorgan's Sanjay Mookim

The JPMorgan India analyst is bullish on real estate, as he expects an uptick in pre-launches in key markets in Mumbai.

31 Dec 2024 7:21 am
India Economy Check Falling Migration Reflects Diminishing Urbanisation, Not Rural Abundance: Systematix

In the latest research titled 400 Million Dreams!, Economic Advisory Council to the Prime Minister revealed that Indias domestic migration in 2023 declined from the 2011 levels (Census 2011).

30 Dec 2024 10:31 am
India's Economy Likely To Grow By 6.5% In FY25 And FY26, Says EY Report

With global conditions remaining uncertain and global trade likely to be fragmented, India may have to continue to rely largely on domestic demand and services exports, the EY report said.

25 Dec 2024 3:32 pm