Economy News ( English version)

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  • Odisha tops inflation rates, Delhi lowest; check inflation rates for different states April 19, 2024
    Delhi registered the lowest retail inflation rate at 2.3%, followed by Uttarakhand at 3.6%, West Bengal and Maharashtra at 3.7%, and Himachal Pradesh at 4.1%. Notably, Odisha also witnessed the highest inflation rates in both rural and urban areas, with 7.3% and 6.5%, respectively, followed by Haryana.
  • IMF applauds India for maintaining fiscal discipline in election year April 19, 2024
    India has successfully navigated multiple shocks over the last several years, said Krishna Srinivasan, Director, Asia and Pacific Department, at the IMF. It's emerging to be one of the fastest major economies in the world. "In fact, for this year, for 2024-25, we project growth at 6.8 per cent led by private consumption and public investment. Infla […]
  • ANZ Bank in talks with Australia Pensions on India investments April 19, 2024
    ANZ Group Holdings Ltd. is exploring investment opportunities in India's infrastructure assets and debt market with Australian pension funds, aiming to establish a comprehensive business relationship. With India's infrastructure sector requiring substantial funding and Indian government bonds becoming attractive, ANZ aims to facilitate investments, […]
  • India a standout performer amidst sluggish global growth trends: Economic Affairs Secretary to World Bank April 19, 2024
    India's Economic Affairs Secretary, Ajay Seth, highlighted the impressive growth of India's economy during a meeting with a World Bank committee in Washington. He noted that despite global challenges, India's GDP growth estimate for the fiscal year has been revised upwards to 7.6%, showcasing the country's resilience and strength. Seth em […]
  • West Asia crisis on radar; India needs to be ready: Nirmala Sitharaman April 19, 2024
    The Finance minister recognised the tests facing the Indian economy, which is expected to grow 6.8% in FY25, according to the International Monetary Fund (IMF) forecast released earlier this week, maintaining its status as the fastest-expanding one.

 

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