Economic Growth

Tencent, Chinese gaming and social media giant, reported virtually no growth in first-quarterly revenue, its worst ever such performance. China's economic slowdown and a freeze on new game licences weighed on its business.

S&P Global Ratings on Wednesday cut India's growth projection for the current fiscal to 7.3 per cent from 7.8 per cent earlier on rising inflation and the longer-than-expected Russia-Ukraine conflict.

"Food inflation continues its ascent. There are many reasons why food prices are rising..." noted economists at ING.

Morgan Stanley has lowered its forecasts for India's economic growth in the next two fiscal years, saying a global slowdown, surging oil prices and weak domestic demand would take a toll on Asia's third-largest economy.

A hawkish pivot by the RBI has money managers scurrying to find safer bets while bracing for potentially the steepest rate hikes in Asia

LIC IPO pricing is very attractive and investors can look forward to returns in the years to come, chairman M R Kumar said

India's infrastructure output expanded 4.3 per centyear on year in March

India's economic recovery is still dependent on stimulus measures, but cutting debt is important to ensure sustained growth over medium term, RBI said

Prime Minister Modi credited steps like connecting villages with broadband, investment in developing capabilities in 5G, IoT, and clean energy technologies are paving the way to lead India towards the next technology revolution.

Indian equity benchmarks jumped on Thursday, riding higher on investor optimism driven mainly by a rally on Wall Street tracking robust US company earnings, but global economic growth fears, a slowdown in demand from China's stringent restrictions, and Europe's energy crisis persist.

The global economy will expand more slowly than predicted three months ago, according to Reuters polls of over 500 economists, who said higher commodity prices and an escalation in the Russia-Ukraine war could prompt another downgrade.

Oil prices were down about 5% in volatile trading on Tuesday on demand concerns after the International Monetary Fund (IMF) cut its economic growth forecasts and warned of higher inflation.

Indian equities fell on Wednesday tracking a broader global equities sell-off as investors were rattled by economic growth fears and news that Russia will cutgas supplies to Eastern Europe added to the already grim mood.

Indian benchmark indices fell on Tuesday as global economic growth fears pushed flight-to-safety trades and a rout in US stocks from news of a cut in Russian gas supplies to eastern Europe adding to the sombre mood.

The dollar climbed to around a two-year high against the euro and an 18-month high versus the pound as fears about the economic impact of China's COVID-19 lockdowns and an aggressive pace of U.S. rate hikes sent investors scrambling for safety.

Tencent, Chinese gaming and social media giant, reported virtually no growth in first-quarterly revenue, its worst ever such performance. China's economic slowdown and a freeze on new game licences weighed on its business.

S&P Global Ratings on Wednesday cut India's growth projection for the current fiscal to 7.3 per cent from 7.8 per cent earlier on rising inflation and the longer-than-expected Russia-Ukraine conflict.

"Food inflation continues its ascent. There are many reasons why food prices are rising..." noted economists at ING.

Morgan Stanley has lowered its forecasts for India's economic growth in the next two fiscal years, saying a global slowdown, surging oil prices and weak domestic demand would take a toll on Asia's third-largest economy.

A hawkish pivot by the RBI has money managers scurrying to find safer bets while bracing for potentially the steepest rate hikes in Asia

LIC IPO pricing is very attractive and investors can look forward to returns in the years to come, chairman M R Kumar said

India's infrastructure output expanded 4.3 per centyear on year in March

India's economic recovery is still dependent on stimulus measures, but cutting debt is important to ensure sustained growth over medium term, RBI said

Prime Minister Modi credited steps like connecting villages with broadband, investment in developing capabilities in 5G, IoT, and clean energy technologies are paving the way to lead India towards the next technology revolution.

Indian equity benchmarks jumped on Thursday, riding higher on investor optimism driven mainly by a rally on Wall Street tracking robust US company earnings, but global economic growth fears, a slowdown in demand from China's stringent restrictions, and Europe's energy crisis persist.

The global economy will expand more slowly than predicted three months ago, according to Reuters polls of over 500 economists, who said higher commodity prices and an escalation in the Russia-Ukraine war could prompt another downgrade.

Oil prices were down about 5% in volatile trading on Tuesday on demand concerns after the International Monetary Fund (IMF) cut its economic growth forecasts and warned of higher inflation.

Indian equities fell on Wednesday tracking a broader global equities sell-off as investors were rattled by economic growth fears and news that Russia will cutgas supplies to Eastern Europe added to the already grim mood.

Indian benchmark indices fell on Tuesday as global economic growth fears pushed flight-to-safety trades and a rout in US stocks from news of a cut in Russian gas supplies to eastern Europe adding to the sombre mood.

The dollar climbed to around a two-year high against the euro and an 18-month high versus the pound as fears about the economic impact of China's COVID-19 lockdowns and an aggressive pace of U.S. rate hikes sent investors scrambling for safety.