Manufacturing pushes Q3 growth to 8.4%; FY24 GDP pegged at 7.6%

India's economic growth accelerated to 8.4 per cent in the October-December quarter of this fiscal, mainly due to double-digit growth in manufacturing and good showing by mining & quarrying and......

IT Sector Slump To Impact Consumer Demand

'A cutback in hiring and compensation growth by IT companies will have a significant impact on consumer demand, especially in the urban sector of the economy.' Illustration: Dominic......

Low nominal Q1 growth results in fiscal pressures

Going forward, India would require a substantial increase in tax buoyancy for the annual fiscal deficit target to be met even as the government maintains its support to growth through increases in......

Investment growth comes up short despite govt's capex push

Investment growth moderated slightly in the economy during the first quarter (Q1) of the current financial year (2023-24, or FY24), notwithstanding the front-loading of capital expenditure (capex)......