Tag: India economy

Adobe stock sinks as weak outlook stokes fears over AI monetization, growing competition

MarketDecember 12, 2024

Adobe (ADBE) stock sank as much as 13% early Thursday after its weak outlook stoked investor fears that the company's AI tools aren’t paying off quickly enough to stave off growing...

US stocks open flat to lower after hot economic data

StocksDecember 12, 2024

Wall Street's main indexes opened flat to lower on Thursday after the S&P 500 and the Nasdaq ended the previous session on a positive note, while investors parsed through hot economic data ahead of the...

Industrial output expands 3.1% in September on base effect, festivals

EconomyNovember 12, 2024

NEW DELHI: India's industrial output rebounded in September, growing 3.1%, after contracting 0.1% in August - a 22-month low - driven by a...

Festive Vibes: Economists see food inflation and geopolitical conflicts as possible headwinds

EconomyNovember 2, 2024

NEW DELHI: The festive season has brought some cheer to the economy with several data releases on Friday suggesting improved consumer sentiment, but...

GST mopup rises 8.9% to ₹1.87 lakh core in October

EconomyNovember 1, 2024

India collected ₹ 1.87 lakh crore in goods and services tax in October, marking the second-highest gross GST collection in any month to...

Indian economy: RBI’s rosy growth forecast baffles economists

EconomyOctober 28, 2024

The Reserve Bank of India’s upbeat growth estimates for the world’s fastest-growing major economy is causing both confusion and concern among economists.The central...

Advancing India’s goal to double the economy by 2030

EconomyOctober 26, 2024

India’s ambition to double its economy to $7 trillion by 2030 hinges on a broad strategy that includes reforms, infrastructure development, investment in...