Macro Economic Events

Macro Economic Events Recent News

India Opts Out of Imposing Anti-Subsidy Tax On Some Chinese Steel Imports
|CVDs are additional taxes imposed on imported goods that are subsidised in their home country, thus potentially damaging the industries in the importing country.
India Ups Lending To Africa In Bid To Keep China Dominance In Check
|Over the past decade, 42 African nations have received around $32 billion (₹2.62 lakh crore) in credit from India, making up 38% of India's total credit extension.
India's Service Sector Powers Through Inflationary Pressure: Report
|The sector, which accounts for approximately 60% of the overall output, indicates that India's economy will continue to outperform many of its major peers in the coming quarters.
Indian Firms Get Thumbs Up From S&P, Expect Better Earnings Growth
|S&P predicts India's economic growth to be the highest in the region, with projected rates of 6.0% in 2023 and 6.9% in 2024.
Pakistan's Leap In IMF Rankings: Set To Become Fourth Largest Debtor
|After receiving additional loans of $3 billion in the next nine months from the International Monetary Fund (IMF), Pakistan will become the fourth largest IMF borrower in the world, The Express Tribune reported.
Ratings Upgrade For India Hinges On Low Inflation, Fiscal Metrics: S&P Analyst
|S&P believes that the RBI will wait until inflation risks have subsided before considering rate cuts.
India Pushes Moody's To Up Rating As Economic Outlook Brightens
|Moody's currently maintains India's sovereign rating at "Baa3" with a "stable" outlook. Baa3 is the lowest rating in the investment grade category.
RBI's ₹2,000 Note Callback: A Win for Banking Liquidity, Says Market Guru Ajay Bagga
|The RBI governor on Thursday said that banks had deposited 85% of these returned ₹2,000 notes into accounts, while they exchanged the remaining 15%.
'The Place To Be' — Zerodha's Nikhil Kamath Highlights India's Strong Economic Outlook For Entrepreneurs
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India Still Fastest Growing Economy In Asia, Says IMF Even As It Lowers GDP Forecast
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World Bank Downgrades India's Economic Growth As It Flags Risks To Short-Term Investment Flows
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India's Job Market Paints Grim Outlook As Unemployment Hits 7.8% In March
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