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RBI Raises Real GDP Growth Forecast To 6.7 Per Cent For 2025-26
RBI Governor Sanjay Malhotra said that "looking ahead, healthy rabi prospects and an expected recovery in industrial activity should support economic growth in 2025-26".
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Apple Shares Rise After Positive Sales Outlook Signals iPhone Recovery
Apple has forecast relatively strong sales growth as the firm approaches AI more cautiously than many of its peers. Despite the AI rollout stumbles, Apple's overall sales and profits were boosted by stronger-than-expected sales in its fiscal first quarter of iPads and Macs, where new chips helped persuade customers to upgrade.
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Microsoft Shares Slide as Cloud Forecast, AI Spending Disappoint
Despite beating quarterly overall sales estimates, investors want better results from the hundreds of billions of dollars that Wall Street heavyweights have been spending to build AI data centers and infuse their products with the emerging technology.
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India's Economy Projected To Grow 6.6% In 2025: UN
The Indian economy grew by 6.8% in 2024 and is forecast to expand by 6.6% in 2025. The Indian economy is projected to return to 6.8% growth in 2026.
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Apple Approaches $4 Trillion Valuation as Investors Bet on AI Momentum
Apple expects overall revenue to increase "low- to mid-single digits" during its fiscal first quarter - a modest growth forecast for the holiday shopping season - sparking questions about the momentum for the iPhone 16 series.
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Mars Dust Storms May Be Predictable Based on Surface Heating Patterns
A new study suggests warm days on Mars often precede dust storms, with researchers analysing data from NASA's Mars Reconnaissance Orbiter. The findings show 78% of storms correlate with increased solar heating, particularly in northern regions of the planet. Scientists have developed an algorithm predicting certain storm types with 64% confidence, ...
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Indian Economy In "Sweet Spot", Says Moody's, Forecasts 7.2% Growth In 2024
Indian economy is in a sweet spot, with a mix of solid growth and moderating inflation, Moody's Ratings said, forecasting a 7.2 per cent GDP growth in the 2024 calendar year and 6.6 per cent in the next.
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Lenovo Raises PC Shipments Outlook for 2025 After Strong Earnings
Lenovo’s Chief Executive Officer Yang Yuanqing raised his outlook for global shipments in 2025 to double-digit percentage growth, up from a previous forecast of five percent to 10 percent, citing demand for AI PCs and the replacement cycle facilitated by Windows 11.
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Indian Gaming Market To Hit Rs 76,000 Crore, 66% Gamers From Small Towns: Report
The Indian gaming market has expanded from a metro-centric phenomenon in the 1990s to a national sensation, reaching rural areas as well.
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Microsoft Forecasts Slower Cloud Business Growth in Second Quarter
Microsoft has forecast an increase in spending on AI this quarter and warned of slower growth in its cloud business Azure, even as the company beat Wall Street's estimates for first-quarter revenue and profit.. The Redmond company has signalled that big AI investments were not enough to keep pace with capacity constraints at its data centres.
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RBI Keeps Key Lending Rate Unchanged At 6.5% For 10th Consecutive Time
The Reserve Bank of India (RBI) has kept its key interest rate unchanged for the tenth consecutive time, its governor Shaktikanta Das announced today,while retaining India's real GDP growth forecast at 7.2 per cent for the current financial year.
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World Bank Upgrades India's FY25 Growth, Predicts Over 6% For Next 3 Years
The World Bank has upgraded India's growth forecast for FY25 to seven per cent from 6.6 per cent, the global financial body said in an India-focused report released Tuesday.
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Moody's Raises India's GDP Growth Forecast To 7.2% For 2024
New York-based Moody's Ratings on Thursday raised its forecast for India's GDP growth for 2024 to 7.2 per cent from 6.8 per cent as projected earlier on the back of stronger private consumption driving up aggregate demand in the economy.
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Analysis: Can Chandrababu Naidu's "Rich Adopt Poor" Plan Bridge The Gap?
The IMF (The International Monetary Fund) in its report in April 2024 had estimated India's GDP growth to be 6.8%. In July 2024, it revised the forecast by 20 basis points to 7%.
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IMF Raises India's GDP Growth Forecast To 7% For 2024-25
The International Monetary Fund on Tuesday raised India's growth forecast for 2024-25 to 7% from 6.8% on the back of improving private consumption, particularly in rural India.
-
RBI Raises Real GDP Growth Forecast To 6.7 Per Cent For 2025-26
RBI Governor Sanjay Malhotra said that "looking ahead, healthy rabi prospects and an expected recovery in industrial activity should support economic growth in 2025-26".
-
Apple Shares Rise After Positive Sales Outlook Signals iPhone Recovery
Apple has forecast relatively strong sales growth as the firm approaches AI more cautiously than many of its peers. Despite the AI rollout stumbles, Apple's overall sales and profits were boosted by stronger-than-expected sales in its fiscal first quarter of iPads and Macs, where new chips helped persuade customers to upgrade.
-
Microsoft Shares Slide as Cloud Forecast, AI Spending Disappoint
Despite beating quarterly overall sales estimates, investors want better results from the hundreds of billions of dollars that Wall Street heavyweights have been spending to build AI data centers and infuse their products with the emerging technology.
-
India's Economy Projected To Grow 6.6% In 2025: UN
The Indian economy grew by 6.8% in 2024 and is forecast to expand by 6.6% in 2025. The Indian economy is projected to return to 6.8% growth in 2026.
-
Apple Approaches $4 Trillion Valuation as Investors Bet on AI Momentum
Apple expects overall revenue to increase "low- to mid-single digits" during its fiscal first quarter - a modest growth forecast for the holiday shopping season - sparking questions about the momentum for the iPhone 16 series.
-
Mars Dust Storms May Be Predictable Based on Surface Heating Patterns
A new study suggests warm days on Mars often precede dust storms, with researchers analysing data from NASA's Mars Reconnaissance Orbiter. The findings show 78% of storms correlate with increased solar heating, particularly in northern regions of the planet. Scientists have developed an algorithm predicting certain storm types with 64% confidence, ...
-
Indian Economy In "Sweet Spot", Says Moody's, Forecasts 7.2% Growth In 2024
Indian economy is in a sweet spot, with a mix of solid growth and moderating inflation, Moody's Ratings said, forecasting a 7.2 per cent GDP growth in the 2024 calendar year and 6.6 per cent in the next.
-
Lenovo Raises PC Shipments Outlook for 2025 After Strong Earnings
Lenovo’s Chief Executive Officer Yang Yuanqing raised his outlook for global shipments in 2025 to double-digit percentage growth, up from a previous forecast of five percent to 10 percent, citing demand for AI PCs and the replacement cycle facilitated by Windows 11.
-
Indian Gaming Market To Hit Rs 76,000 Crore, 66% Gamers From Small Towns: Report
The Indian gaming market has expanded from a metro-centric phenomenon in the 1990s to a national sensation, reaching rural areas as well.
-
Microsoft Forecasts Slower Cloud Business Growth in Second Quarter
Microsoft has forecast an increase in spending on AI this quarter and warned of slower growth in its cloud business Azure, even as the company beat Wall Street's estimates for first-quarter revenue and profit.. The Redmond company has signalled that big AI investments were not enough to keep pace with capacity constraints at its data centres.
-
RBI Keeps Key Lending Rate Unchanged At 6.5% For 10th Consecutive Time
The Reserve Bank of India (RBI) has kept its key interest rate unchanged for the tenth consecutive time, its governor Shaktikanta Das announced today,while retaining India's real GDP growth forecast at 7.2 per cent for the current financial year.
-
World Bank Upgrades India's FY25 Growth, Predicts Over 6% For Next 3 Years
The World Bank has upgraded India's growth forecast for FY25 to seven per cent from 6.6 per cent, the global financial body said in an India-focused report released Tuesday.
-
Moody's Raises India's GDP Growth Forecast To 7.2% For 2024
New York-based Moody's Ratings on Thursday raised its forecast for India's GDP growth for 2024 to 7.2 per cent from 6.8 per cent as projected earlier on the back of stronger private consumption driving up aggregate demand in the economy.
-
Analysis: Can Chandrababu Naidu's "Rich Adopt Poor" Plan Bridge The Gap?
The IMF (The International Monetary Fund) in its report in April 2024 had estimated India's GDP growth to be 6.8%. In July 2024, it revised the forecast by 20 basis points to 7%.
-
IMF Raises India's GDP Growth Forecast To 7% For 2024-25
The International Monetary Fund on Tuesday raised India's growth forecast for 2024-25 to 7% from 6.8% on the back of improving private consumption, particularly in rural India.
