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GST MACROECONOMIC INDICATOR
India to release first-ever monthly index tracking services sector output from July 14India is launching a new Index of Services Production (ISP) to track the services sector's growth, mirroring the Index of Industrial Produc...
India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
Rs 10.9 lakh crore burden: Iran shock can take a load off India's backRising oil prices triggered by the Iran conflict are pushing India to accelerate its shift away from fossil fuels, with the government fast...
Mature hands for money: India’s next economic reform lies in building financially aware householdsIndia has achieved significant financial inclusion, opening millions of bank accounts and expanding digital payments. However, a new study ...
Markets overlooking macro stress, says Kunal Vora amid oil and currency shockDespite a calm surface, Indian equity markets face mounting macroeconomic pressures from rising crude oil prices and a weakening rupee. Exp...
Despite uncertainty, India to withstand global shocks due to strong macro fundamentals: BoB ReportIndia's economy is poised to overcome global challenges as strong domestic fundamentals will provide resilience, a BoB report said. Industr...
Passenger Vehicle growth to slow to 4-6 % in FY27 on high base, macro risks; UVs to drive demand: ICRAPassenger vehicle industry growth in India is set to slow down in FY2027. This moderation follows strong performance in FY2026. Factors lik...
Strong domestic demand supports India's economy, but Middle East crisis raises stagflation risks: Morgan StanleyIndia's economic outlook is bolstered by robust domestic demand and improving high-frequency indicators, including strong auto sales and GS...
Easing inflation, strong macros to drive FMCG consumption this yearFast-moving consumer goods consumption is set for a 5% growth in early 2026. Strong economic indicators and rising demand are driving this ...
GDP to cross $4 trillion, growth set to top 7% in FY26: CEAIndia's economic forecast shines bright, with expectations to eclipse seven percent growth this fiscal year. The economy is poised to cross...
GST @8: India’s tax landscape has changed but key reforms are still pendingIndia's GST completes eight years, becoming integral to economic activity by digitizing compliance and boosting revenue, which surpassed ₹2...
PMI, GST mopup point to India's resilient economy in Q4NCAER noted that high frequency indicator like Purchasing Managers' Index and Goods and Services Tax collection indicated a resilient econo...
Indian economy remains resilient, says NCAER reportPMI for manufacturing activity accelerated to 56.5 in January from 54.9 in December 2023, reflecting an expansionary momentum while PMI for...
GST collections surge to ₹1.72 lakh crore in January 2024, marking a 10.4% Y-o-Y growthGST Collections: India's Goods and Services Tax (GST) revenue has witnessed a notable upswing, reaching ₹1.72 lakh crore in January 2024, m...
Analysts forecast better Q2 show with a GDP print of 6.4%Their optimism comes from the improving macroeconomic indicators across sectors, especially those affected by the note-ban that had dragged...
Business confidence improves in Q4: Dun & BradstreetOptimism for net profits stands at 56 per cent, an increase of 1 percentage point as compared to the third quarter, but a decrease of 9 per...
Realty to face headwinds in near-term: ICRAICRA says aggregate value of new sales bookings at Rs 20,100 crore in FY15 declined to Rs 18,716 crore in FY16 and to Rs 12,404 crore in FY...
Indian economy in period of dense fog: Credit SuisseAccording to findings by the financial service major, government spending growth is slowing down sharply, while half of the population is s...
RBI policy, macro data, monsoon to guide marketsSector-specific movement can be seen following the GST Council meeting on Saturday.
India bulls take note! IMF just cut growth forecast as India Inc sleepsIMF slashed India’s 2016-17 growth forecast by 10 bps to 7.4 per cent from an earlier forecast of 7.5 per cent, citing slow private investm...