With the government showing optimism on the growth scenario, S&P Global on Tuesday upped India’s growth forecast by 40 basis points to 6.8 per cent during Fiscal Year 2024-25. However, it is still lower than the 7.6 per cent growth forecast for the current fiscal. “For Asian emerging market (EM) economies, we generally project robust … Read more
With better performance in both manufacturing and services, the HSBC Composite Purchasing Managers’ Index (PMI) rose to a seven-month high of 61.5 in February, up from 61.2 in January. However, there is not-so-good news on the job front. “New export orders rose sharply, particularly for goods producers. Input prices rose at the slowest pace in … Read more
With the Indian economy growing at a faster rate than other economies, S&P Global has announced the launch of the ‘India Research Chapter’. It aims to provide India-oriented research and reports. Also read: India set to become 3rd largest economy by 2030, says S&P Global “We are creating a platform for continuous dialogue, insights, and … Read more