India’s economic growth forecast for FY2025-26 has been sharply lowered to 6.3% from 6.7%, a 40 basis point cut by the World Bank in its latest economic outlook. The forecast for FY2026-27 has also been trimmed by 20 basis points to 6.5%, signaling growing concerns about the country’s ability to maintain high growth amid mounting…
Mumbai: The Reserve Bank of India is expected to cut interest rates for the third straight monetary policy meeting this week amid easing price pressures, according to economists. They are now keenly awaiting the central bank’s commentary on inflation and growth to get an idea about how long it would continue with the easing cycle…
Global ratings agency Moody’s on Monday said it sees India’s macroeconomic conditions as remaining stable even if tensions with Pakistan rise after the horrific terror attack at Pahalgam in which 26 civilians were shot dead. However, sustained escalation in tensions with India would likely hit Pakistan’s economy and hamper the government’s ongoing fiscal consolidation goals,…