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Economy News

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'India’s economy becoming one of world's fastest-growing…’, says Chinese daily

The Global Times article, from a key Chinese media outlet, acknowledged India's economic momentum, improved urban governance, and evolving international relations - notably with China....
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India’s Q1 GDP growth reaches 7.8% in FY23-24, remains fastest growing major economy

India’s Gross Domestic Product (GDP) showed a growth rate of 7.8% in the initial quarter of the fiscal year 2023-24, as disclosed by the National Statistical Office (NSO) data on Thursday. This expansion rate marks an improvement over the preceding quarter’s growth...
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Air India announces Sale. Deets inside

Tata Group owned Air India on Thursday has announced a special 96-hour sale across its domestic and international route network. According to the air carrier, the travellers in the offer will get a chance to plan their upcoming trips at attractive fares. The one-way, all-inclu...
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Morgan Stanley upgrades India’s economic rating to ‘overweight’; China faces downgrade

Morgan Stanley, a prominent global brokerage firm and investment bank, has upgraded India’s rating to ‘overweight’ while concurrently downgrading China to an ‘equal-weight’ status. This discernible shift is a reflection of Morgan Stanley’s nuanced evaluation of the...
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Startups in India have cut more than 17,000 jobs as funding slows down: Report

The Indian startup ecosystem is grappling with a funding crisis, leading to a wave of layoffs and job losses. Data from CIEL HR, a recruitment and staffing firm, reveals that startups in India have cut over 17,000 jobs in the first half of 2023, while the slowdown in investor ...

India to be world’s second-largest economy by 2075: Goldman Sachs

In the latest study by Goldman Sachs, India is all set to become the world’s second-largest economy by 2075 as it is expected that the GDP of Ind...

US approves recommendation to recapture unused green cards

More than 2,30,000 unused green cards for family and job categories should be reclaimed, according to the US President’s Advisory Commission....

US Green Card: This move by US can benefit Indian-Americans

A member of the President’s Advisory Commission on Asian Americans, Native Hawaiians, and Pacific Islanders has suggested that all unused gre...

You won’t believe how much Adani (NSE:ADANIENT) shares gained in one month

The month of April managed to end on a bullish note on Friday, April 28, 2023. The Nifty closed 149.95 points or 0.84% higher, at 18,065 points tod...

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