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India GDP Growth: India's GDP accelerates to four-quarter high of 7.8 per cent in Q1 FY24

India Q1 GDP: Indias GDP grew 7.8 per cent in April to June quarter on an annual basis, data released by the National Statistical Office (NSO) showed on August 31, 2023. The growth can be attributed to central and state governments opening up their wallets for capex, stronger consumption demand and higher activities in the services sector. ....

India Gdp Growth , Gdp Q1 , Finance Ministry , Gdp Data , Fiscal Year , Gdp Q1fy24 ,

Q1 growth at 7.8% as Indian economy braves headwinds

To be sure, almost all projections, including RBI’s, expect the annual growth number for 2023-24 to be lower than the June quarter numbers | Latest News India ....

India General , Rahul Bajoria , El Nino , Pranjul Bhandari , Ceav Anantha Nageswaran , Roshan Kishore , Jawaharlal Nehru University , Monetary Policy Committee , National Statistical Office , China Economics Research , Gross Fixed Capital Formation , Private Final Consumption Expenditure , Gross Value Added , Economics Research , Jawaharlal Nehru , Chief India , Political Economy Editor ,

Now, to sustain the surge in investments

The government s investment cycle is still growing, creating more opportunities for private investment. The recovery of demand through credit is also improving capacity utilization in consumer-facing industries. Despite a decline in household savings, India is poised for an investment revival, especially as interest rates are stabilizing. The Finance Minister s confidence in this revival is reassuring, but efforts will be needed to sustain it. ....

Nirmala Sitharaman , Private Investment , Economictimes Editorial , Indian Economy ,

Maybank posts strong H1 financial performance

Malayan Banking Bhd (Maybank) is strategically directing its focus toward non-rate propositions as part of its efforts to enhance value offerings, particularly targeting its corporate customers. ....

Kuala Lumpur , South East Asia , Datuk Khairussaleh Ramli , Malayan Banking , Corporate News , Smallandmedium Sizedenterprises ,

Road, renewables capex likely to rise by 35% in FY24 & FY25: Crisil

Mumbai, The total capital outlay for roads and renewables in 2023-24 and 2024-25 is likely to jump by 35 per cent to Rs 13 lakh crore compared to that in the ....

Manish Gupta , Gurpreet Chhatwal , Krishnan Sitaraman , Crisil Ratings , Ratings Managing Director Gurpreet Chhatwal , Senior Director Manish Gupta , Chief Rating Officer Krishnan Sitaraman , Road Transport , Road Capex , Renewables Capex ,