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India's September business growth at nine-month low as demand eases, PMI shows

India's business activity growth slows to a nine-month low in September amid cooling demand and rising costs.

In September, India's business activity growth dipped to a nine-month low amid cooling demand and rising costs. The Composite PMI decreased to 59.3, but employment in the services sector surged, reflecting a positive business outlook despite rising input costs.
Published on Sep 23, 2024 10:56 AM IST
Reuters |

India 10-year bond yield posts steepest weekly fall in 4 months on US rate bets

INDIA-MARKETS/BONDS:INDIA BONDS-India 10-year bond yield posts steepest weekly fall in 4 months on US rate bets

India 10-year bond yield posts steepest weekly fall in 4 months on US rate bets
Published on Sep 13, 2024 05:06 PM IST
Reuters |

When will RBI cut rates? Shaktikanta Das' ‘staying the course’ response

RBI governor Shaktikanta Das emphasizes the need for steady policy amid softening inflation, targeting a rate of 4%.

Reserve Bank of India (RBI) governor Shaktikanta Das stresses the importance of maintaining policy consistency despite slight inflation dips, stating India's growth potential exceeds 7.5%. He warns against premature interest rate cuts due to ongoing inflation risks and advises global monetary prudence.(PTI)
Updated on Sep 13, 2024 08:51 AM IST
By | Edited by

‘RBI 90 Quiz’ offering a golden chance to win 10 lakh, apply here now!

The RBI 90 Quiz will focus on General Knowledge of history, economy, current affairs, etc. Winners will take home ₹10 lakh. Read details below.

In line with the 90th anniversary celebrations, RBI is hosting a 'RBI 90 Quiz' competition wherein the first prize includes <span class='webrupee'>₹</span>10 lakh. (Photo Credit: screenshot/rbi.org.in)
Published on Sep 05, 2024 01:50 PM IST
By | Edited by , New Delhi

Consumption growth rebound is promising

The growth in consumption demand is corroborated by the results of consumer goods companies, which show a revival in rural demand

Despite a contraction in government spending, investment demand, reflected in Gross Fixed Capital Formation, actually grew faster compared to the previous quarter, to 7.5%. (AFP)
Published on Sep 01, 2024 11:57 PM IST
ByHT Editorial
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