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India's economy slows more sharply than expected
India's economy slows sharply, adding pressure on central bank to cut rates
India's economic growth slowed much more than expected in the third quarter, hampered by weaker expansions in manufacturing and consumption, likely adding pressure on the central bank for interest rate cuts.
India’s Economy Slows More Than Expected, Potentially Clearing Path for Rate Cuts
The world’s fifth-largest economy grew 5.4% from a year earlier in the third quarter, the slowest pace of growth since the fourth quarter of 2022.
India's economy expands by just 5.4% in the last quarter, well below expectations
India's economy expanded by 5.4% in its second fiscal quarter ending September. Economists had forecast GDP growth of 6.5% for the period, according to a Reuters poll. The Reserve Bank of India had forecast an expansion of 7% for the quarter.
The Straits Times
1h
India factory growth softened in November on high inflationary pressures, PMI shows
BENGALURU -
India
’s factory growth cooled in November yet maintained a strong pace, leading to significantly improved ...
4h
India’s slowdown flashes an early-warning signal
India’s world-beating economic growth is getting a reality check. Output rose 5.4% during the three months to the end of ...
ThePrint
3h
India needs to grow at over 7% along with robust fiscal framework to meet Viksit Bharat target: EY India
A recent report by EY India says enhanced government spending is vital for India’s Viksit Bharat vision. EY India’s economy ...
4h
India’s factory activity slips to 56.5 in November
The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index has stays above the 55-mark for 11 consecutive ...
2d
on MSN
India economy grows 5.4% in July-Sept, well below expectations
India's economy slowed much more than expected in July-September, expanding by only 5.4% year-on-year, data showed on Friday, ...
Opinion
2h
Opinion
India needs to shake up its new political-economy consensus
From cash handouts and PSU retention to a rollback of pension reforms, the new economic policy consensus among political ...
2d
India's quarterly growth slumps to a near two-year low, well below expectations
Alicia Garcia Herrero, chief Asia-Pacific economist at Natixis, said India's economy will slow but not "collapse" in 2025.
1h
India's weak Q2 growth widens divide between government, cenbank priorities
India's central bank is under increasing political pressure to cut interest rates as soon as this week, after data showed ...
India Today on MSN
2h
$234bn siphoned off during Hasina rule, some to India: Bangladesh white paper
A white paper on Bangladesh's economy, presented to Chief Adviser Muhammad Yunus, claimed $234 billion was illegally siphoned ...
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