Macroeconomic Growth
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India Can Sustain 8% Growth, Even Higher, Says RBI Bulletin
India can sustain 8 per cent annual GDP growth and the conducive macroeconomic configuration may become a launching pad for a step-up in the country's growth trajectory, said an article on the 'State of Economy' in the central bank's March Bulletin.
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India Is Priority Market for Facebook, WhatsApp and Instagram: Meta India Chief
Meta sees India as a "priority market" with "limitless" possibilities buoyed by macroeconomic growth, digital infrastructure and the popularity of its apps like Facebook, WhatsApp and Instagram, the social media giant's India head Sandhya Devanathan said.
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Qualcomm Predicts Q4 Sales Below Market Estimates Due to Macroeconomic Headwinds, Weaker Global Handset Units
Qualcomm has predicted that its fourth-quarter sales would fall below market estimates, as the California-based chipmaker deals with slowing global economic growth and consumer spending on smartphones remained weak. The firm also said that its forecast for the remainder of 2023 assumes no "material revenue" from Chinese smartphone maker Huawei.
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MediaTek Shifts Focus to Cars, AI Amid Supply Glut in Smartphone Market
Taiwan's top chip design company MediaTek is focusing more resources on chips for cars and AI computing as its smartphone clients face a supply glut and inflation and macroeconomic uncertainty dent demand for consumer electronics. "We are definitely moving our resources very, very rapidly towards the automotive and computing areas, because those ar...
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Infosys March Quarter Net Profit Rises 7.8% To Rs 6,128 Crore
Infosys today posted a 7.8 per cent year-on-year rise in consolidated net profit at Rs 6,128 crore in March quarter of FY23, and gave 4-7 per cent revenue growth forecast for FY24 amid macroeconomic uncertainties.
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Budget 2023 To Support Growth, Shun Populism, Says Economist
Prime Minister Narendra Modi is expected to prioritize macroeconomic stability by sticking to fiscal consolidation path in his final full-year budget before national polls in 2024.
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Swiggy Lays Off 380 Employees, Cites Slowdown In Growth
Swiggy on Friday said it will lay off 380 employees,citing challenging macroeconomic conditions.
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Note In Circulation Grew 7.9% Annually To Rs 32 Lakh Crore: Minister
The demand for currency depends upon several macroeconomic factors, including economic growth and level of interest rates, Nirmala Sitharaman said in a reply to the Lok Sabha.
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Byju's CEO Says Job Cuts Necessitated to Avoid Role Duplication, Redundancies
Byju's founder and chief executive Byju Raveendran has apologised to the firm's employees for the clumsy layoffs in India's largest education technology company, saying 2,500 job cuts were necessitated to avoid role duplication and reduce redundancies. In a message to employees, Raveendran said Byju's has been compelled to focus on sustainability a...
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India's Economic Prospects Firm Despite Risks From Global Headwinds: RBI
India's domestic macroeconomic conditions have improved further despite the downside risks posed to global growth from commodity-driven inflation, the Reserve Bank of India(RBI) said on Thursday.
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India's Economy Has Seen The Worst, Barring Another Covid Wave: RBI
Barring another wave of COVID-19 infections, the worst is over for India's economy and policymakers may soon have more room to support a recovery, the Reserve Bank of India (RBI) said in its January bulletin released today.
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Early Green Shoots Of Economic Revival In May, June, Says Government Amid COVID-19 Crisis
India's gross domestic product (GDP) has been predicted to contract 4.5 per cent in 2020, the finance ministry said on Monday quoting International Monetary Fund (IMF) data. However, early green shoots of economic revival emerged in May and June, and the government's commitment towards structural reforms and supportive social welfare measures will ...
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India GDP Growth Likely To Slow Down To 4% In 2020-21 On Covid-19: Asian Development Bank
India will stage a strong recovery in the next financial year on the back of its sound macroeconomic fundamentals, Asian Development Bank added.
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Budget 2020 LIVE Updates: Budget Will Bring New Vigor In Financial System, Credit Flow, Says PM Modi
Finance Minister Nirmala Sitharaman started her Budget 2020 speech with tributes to her former counterpart Arun Jaitley. "I pay homage to the visionary leader late Shri Arun Jaitley," she said as she presented her second Union Budget today, amid a slowdown in the economy. "The fundamentals of the economy are strong, and that has ensured macroeconom...
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GDP Growth Neither Overestimated Nor Underestimated: Economic Survey
India's gross domestic product (GDP) growth is neither overestimated nor underestimated and the concerns on data are "unfounded", the Economic Survey 2019-20 said on Friday as it tried to settle the debate over veracity of the macroeconomic data following change in estimation methodology.
-
India Can Sustain 8% Growth, Even Higher, Says RBI Bulletin
India can sustain 8 per cent annual GDP growth and the conducive macroeconomic configuration may become a launching pad for a step-up in the country's growth trajectory, said an article on the 'State of Economy' in the central bank's March Bulletin.
-
India Is Priority Market for Facebook, WhatsApp and Instagram: Meta India Chief
Meta sees India as a "priority market" with "limitless" possibilities buoyed by macroeconomic growth, digital infrastructure and the popularity of its apps like Facebook, WhatsApp and Instagram, the social media giant's India head Sandhya Devanathan said.
-
Qualcomm Predicts Q4 Sales Below Market Estimates Due to Macroeconomic Headwinds, Weaker Global Handset Units
Qualcomm has predicted that its fourth-quarter sales would fall below market estimates, as the California-based chipmaker deals with slowing global economic growth and consumer spending on smartphones remained weak. The firm also said that its forecast for the remainder of 2023 assumes no "material revenue" from Chinese smartphone maker Huawei.
-
MediaTek Shifts Focus to Cars, AI Amid Supply Glut in Smartphone Market
Taiwan's top chip design company MediaTek is focusing more resources on chips for cars and AI computing as its smartphone clients face a supply glut and inflation and macroeconomic uncertainty dent demand for consumer electronics. "We are definitely moving our resources very, very rapidly towards the automotive and computing areas, because those ar...
-
Infosys March Quarter Net Profit Rises 7.8% To Rs 6,128 Crore
Infosys today posted a 7.8 per cent year-on-year rise in consolidated net profit at Rs 6,128 crore in March quarter of FY23, and gave 4-7 per cent revenue growth forecast for FY24 amid macroeconomic uncertainties.
-
Budget 2023 To Support Growth, Shun Populism, Says Economist
Prime Minister Narendra Modi is expected to prioritize macroeconomic stability by sticking to fiscal consolidation path in his final full-year budget before national polls in 2024.
-
Swiggy Lays Off 380 Employees, Cites Slowdown In Growth
Swiggy on Friday said it will lay off 380 employees,citing challenging macroeconomic conditions.
-
Note In Circulation Grew 7.9% Annually To Rs 32 Lakh Crore: Minister
The demand for currency depends upon several macroeconomic factors, including economic growth and level of interest rates, Nirmala Sitharaman said in a reply to the Lok Sabha.
-
Byju's CEO Says Job Cuts Necessitated to Avoid Role Duplication, Redundancies
Byju's founder and chief executive Byju Raveendran has apologised to the firm's employees for the clumsy layoffs in India's largest education technology company, saying 2,500 job cuts were necessitated to avoid role duplication and reduce redundancies. In a message to employees, Raveendran said Byju's has been compelled to focus on sustainability a...
-
India's Economic Prospects Firm Despite Risks From Global Headwinds: RBI
India's domestic macroeconomic conditions have improved further despite the downside risks posed to global growth from commodity-driven inflation, the Reserve Bank of India(RBI) said on Thursday.
-
India's Economy Has Seen The Worst, Barring Another Covid Wave: RBI
Barring another wave of COVID-19 infections, the worst is over for India's economy and policymakers may soon have more room to support a recovery, the Reserve Bank of India (RBI) said in its January bulletin released today.
-
Early Green Shoots Of Economic Revival In May, June, Says Government Amid COVID-19 Crisis
India's gross domestic product (GDP) has been predicted to contract 4.5 per cent in 2020, the finance ministry said on Monday quoting International Monetary Fund (IMF) data. However, early green shoots of economic revival emerged in May and June, and the government's commitment towards structural reforms and supportive social welfare measures will ...
-
India GDP Growth Likely To Slow Down To 4% In 2020-21 On Covid-19: Asian Development Bank
India will stage a strong recovery in the next financial year on the back of its sound macroeconomic fundamentals, Asian Development Bank added.
-
Budget 2020 LIVE Updates: Budget Will Bring New Vigor In Financial System, Credit Flow, Says PM Modi
Finance Minister Nirmala Sitharaman started her Budget 2020 speech with tributes to her former counterpart Arun Jaitley. "I pay homage to the visionary leader late Shri Arun Jaitley," she said as she presented her second Union Budget today, amid a slowdown in the economy. "The fundamentals of the economy are strong, and that has ensured macroeconom...
-
GDP Growth Neither Overestimated Nor Underestimated: Economic Survey
India's gross domestic product (GDP) growth is neither overestimated nor underestimated and the concerns on data are "unfounded", the Economic Survey 2019-20 said on Friday as it tried to settle the debate over veracity of the macroeconomic data following change in estimation methodology.
