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THIRD QUARTER GDP ESTIMATE
Finance ministry sees Q2 FY27 GDP growth at 7.3%, flags trade, crude and AI risksThe finance ministry expects India’s real GDP to grow 7.3% in Q2 FY27, above the RBI’s 6.4% forecast, but warned that global uncertainties ...- Global memory deficit set to prolong Korean chip supercycle through 2028The projection gained ground after US-based Micron Technology reported that over 75 per cent of its planned production for fiscal 2027 stoo...
- IT companies forecast to post muted second quarterSector leader Tata Consultancy Services and its nearest rival, Infosys, are projected to report weak numbers for the three months ending Se...
- US economy second quarter growth: GDP grows 2.2 percent as consumer spending and business investment riseThe US economy grew 2.2 percent in the second quarter from April to June, the Commerce Department announced recently. Consumer spending and...
- CEA warns of looming oil and rate pressures in India’s H2, sees Q2 growth at 7.3%Chief Economic Adviser V Anantha Nageswaran noted that the second half of the fiscal year would be challenging. Rising oil prices and incre...
- US economy picks up pace, grows 2.2% as consumer spending, AI investment surgeThe US economy grew at a 2.2% annual pace in the second quarter, up from the government’s earlier 1.5% estimate, as consumer spending and b...
- Why are investors turning cautious on Tesla stock?Tesla shares fell amid market weakness and regulatory scrutiny of its driverless Cybercab. US safety regulators are seeking details on its ...
- Your Thanksgiving and Christmas flight could still stay expensive long after jet fuel prices come downJet fuel prices have moved dramatically since the Iran war began. The Argus U.S. Jet Fuel Index climbed to $4.88 a gallon in early April. B...
- HSBC expects RBI to raise repo rate by 50 bps in FY27 amid strong growth, inflation pressuresIndia's GDP growth in the second quarter of FY26 surpassed the Reserve Bank of India's forecast of 7 percent. The growth prompted forecasts...
- US hiring appetite is healthy as economy powers aheadThe labor market in the US is poised for notable growth as nonfarm payrolls are anticipated to climb in September. Economists foresee the u...
- Which states could be hit hardest by Social Security cuts in 2032? These 10 face the biggest potential economic impactIf you live in one of these 10 states, a Social Security cut by 2032 could hit your local economy harder than elsewhere. The biggest potent...
- US current account deficit widens 15.7% to $246 billion in Q2 on import surgeIn the second quarter, the US current account deficit increased by $33.4 billion, reaching $246.0 billion. The rise in imports of goods was...
- BlackBerry lifts annual revenue forecast on strength in automotive software businessRevenue at BlackBerry's QNX division, which develops software for safety-critical systems in vehicles, robotics, medical devices and indust...
- Fitch raises India FY27 GDP growth forecast to 6.9% from 6.4%, sees 25 bps RBI rate hike in OctoberFitch Ratings has raised India’s FY27 growth forecast to 6.9% from 6.4% after the economy expanded 7.8% in the June quarter, demonstrating ...
- Budget 2027-28 process begins October 12 with month-long pre-budget meetingsPre-budget meetings for the Union Budget 2027-28 will commence on October 12 and continue until November 13. These discussions aim to final...
- Where's the GDP debate? The world is raising a toast to IndiaIndia’s 7.8% growth has the world taking notice. Fitch, S&P and Moody’s have all raised their forecasts, even as questions over the GDP num...
- Estimating is not fudging: Decoding the needless jump from 'GDP is estimated' to 'GDP can't be trusted'India poses an exceptionally difficult statistical challenge because hundreds of millions work on farms, tiny shops, construction sites and...
- 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...
- India's new GDP series: GST, corporate data drive new methodologyIndia's revamped GDP calculation incorporates extensive corporate filings and GST data, as revealed by the statistics ministry. This update...
- Decoding GDP growth: The good, the bad & the dataET drew up a longlist of more than five dozen indicators across all key themes of the economy— from the external sector and markets to farm...
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