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SAUGATA BHATTACHARYA CHIEF INDIA ECONOMIST
Economists raise concerns as India's growth increasingly becomes credit expansion-ledIndia's economic growth has accelerated recently, supported by a significant rise in bank credit. Economists express concerns about the sus...
Eurozone business activity near 3.5-year high in SeptemberAccording the Eurozone purchasing managers' index (PMI) published by S&P Global, the region's business activity grew the fastest in Septemb...
India scores high on latest WEF standings: Growth outlook strongest, but some ground lost with MNCsIndia's economy shows strong growth prospects for the next twelve months, a WEF survey found. Household incomes are also expected to rise, ...
India outpaces China, Europe to emerge with strongest growth outlook globally: WEF surveyIndia has emerged as the strongest growth story in the latest WEF survey, with 74% of chief economists expecting strong or very strong grow...
Calcutta HC dismisses 'sand mafioso' Tulu Mondal's revisional petition against arrest warrantThe Calcutta High Court dismissed Tulu Mondal's plea against his arrest warrant. Police seized nearly fifty crore rupees in cash and gold f...
Special swaps rake in $143.5 billion in forex inflows: FCNR(B) scheme leads with $133 billionBanks mobilised $132.9 billion through FCNR(B) deposits under the RBI’s special forex swap window, taking total inflows, including ECBs and...
August core sector growth hits 3-month low as energy sectors lose steamIndia's core sector output growth slowed to 4.8 percent in August. This easing was due to contractions in energy sectors and an unfavorable...
High Court lets team Mamata Banerjee operate three bank accountsThe Calcutta High Court permitted the Mamata Banerjee faction to operate three frozen bank accounts. The state police had frozen these acco...
Nandigram bypoll: Congress candidate Milan Pradhan moves Calcutta HC seeking protection in six casesCongress candidate Milan Pradhan seeks court protection from six registered cases. He was arrested Friday in connection with five pending n...
Calcutta HC extends interim order on AITC's three HDFC Bank accounts till January 29In a significant ruling, the Calcutta High Court has extended the interim order on three AITC bank accounts, which will stay in effect unti...
Calcutta HC to hear Cong's Nandigram bypoll candidate's protection plea on September 22The Calcutta High Court will hear Congress candidate Milan Pradhan's plea for protection. He seeks relief from coercive action in five addi...
Aditya Birla Group chairman Kumar Mangalam Birla to meet West Bengal CM Adhikari soonAditya Birla Group chairman Kumar Mangalam Birla will soon meet Chief Minister Suvendu Adhikari. They will discuss industrial development a...
Need more structural growth that stays high without policy support: Pranjul Bhandari, Chief India Economist/Strategist, Asean Economist, HSBC"India is also at a point where goods exports may do better than they have in the past. One reason is that the currency has depreciated, ma...
Govt support, benign inflation helped in Q1: Sonal Varma, Chief Economist, India & Asia (excl. Japan), Nomura"We expect GDP growth to moderate from around 7.3% in H1FY27 to 6.7% in H2, still delivering a solid 7% for FY27 overall."
Indian companies moving from AI pilots towards deployment: SalesforceSalesforce anticipates India's enterprise AI adoption will expand beyond initial experiments. The company plans significant investments in ...
US manufacturing output falls in August after rising for seven straight monthsUS factory production declined unexpectedly in August after seven months of increases. Higher oil prices and rising interest rates are expe...
RBI rate hike imminent? Fed's move pressures India to tighten monetary policy amid rising inflationGlobal central banks are tightening monetary policy, prompting calls for India to follow suit. The US Federal Reserve recently increased it...
Who is Michael Kremer, the Nobel laureate set to become World Bank’s next chief economist?Nobel laureate Michael Kremer will become the World Bank's next chief economist. He is recognized for his experimental approach to alleviat...
World Bank names Nobel laureate Michael Kremer as next chief economistMichael Kremer, the distinguished Nobel laureate, is set to assume the role of chief economist at the World Bank. With a robust background ...
Rebel TMC MP's claim of 17 NCPI MPs joining BJP sparks furoreA Trinamool MP's claim about MPs joining the BJP has caused significant controversy in West Bengal. The BJP has distanced itself from these...