India sees robust surge in investments

2023-09-22 18:15:54 India has seen a robust surge in investments — marked by a 127% year-on-year growth in August 2023. The month saw investments worth $5.2 billion across 67 deals. Exits worth $4.3 billion were reported across 37 deals, with open market exits accounting for 57% of all exits by value. ET takes a look … Read more

FinMin confident of 6.5 per cent growth in FY24 despite symmetric risks

2023-09-22 09:39:54 The finance ministry on Friday exuded confidence that the country will achieve 6.5 per cent growth in FY24 on the back of improved corporate profitability, private capital formation and bank credit growth, notwithstanding the risks of rising crude oil prices and monsoon deficit. The ministry’s August edition of Monthly Economic Review said the … Read more

ubs: Supply chain shifts to benefit India, create jobs: UBS report

2023-08-17 18:36:41 India is likely to benefit from the supply chain shift happening owing to the US-China trade war, deglobalisation and pandemic disruptions, according to a UBS report released on Thursday. While the report noted that no single country can replicate China’s success in manufacturing, it said India could benefit from supply chain shifts and … Read more

india q4 gdp: Q4 GDP numbers spring a surprise, lift FY23 growth to 7.2%; India stays fastest-growing major economy

2023-06-01 01:23:09 New Delhi: A stronger-than-expected fourth quarter lifted India’s growth to 7.2% in FY23, exceeding the 7% cited in the second advance estimates released in February, underscoring the country’s economic resilience in the face of multiple challenges. The gross domestic product (GDP) rose 6.1% in the March quarter from a year earlier, accelerating sequentially … Read more