Q2 a blip, growth to pick up again: FM
Financial Express Mumbai|December 18, 2024
The economic growth slowdown in the second quarter of the current financial year was a blip due to a slower pace of spending, but the coming quarters will likely see healthy growth, finance minister Nirmala Sitharaman said on Tuesday.
FE BUREAU
Q2 a blip, growth to pick up again: FM

She said a generalised slowdown in manufacturing is not expected, as it is restricted to a few sections.

"The government believes that the trend in Q2FY25 is only a temporary blip, and the economy will see healthy growth in the next quarters," Sitharaman told the Lok Sabha in her reply to a debate on the first supplementary demand for grants.

Diese Geschichte stammt aus der December 18, 2024-Ausgabe von Financial Express Mumbai.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der December 18, 2024-Ausgabe von Financial Express Mumbai.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS FINANCIAL EXPRESS MUMBAIAlle anzeigen
Financial Express Mumbai

Shriram Group arm raises $1.28-bn loan

SHRIRAM FINANCE (SFL), the flagship company of the Shriram Group, raised $1.277 billion in multiple currencies, including dollar, euro and dirham (AED), through an external commercial borrowing (ECB) loan transaction.

time-read
1 min  |
December 19, 2024
Financial Express Mumbai

Rupee moves closer to 85/$

ON A SLIPPERY TRACK

time-read
2 Minuten  |
December 19, 2024
Financial Express Mumbai

Offshore instruments rule adds to compliance burden for FPIs: Experts

Negligible trades with derivatives as underlying assets in last three years

time-read
1 min  |
December 19, 2024
Financial Express Mumbai

Good Capital targets AI-driven funding in 2025

GOOD CAPITAL, an early-stage venture capital (VC) firm, plans to make 6-7 investments in 2025, focusing on startups that integrate artificial intelligence (AI) into existing business models, especially in tier 2 and 3 cities.

time-read
1 min  |
December 19, 2024
Financial Express Mumbai

Chinese auto parts imports see flat growth in H1FY25

IMPORTS OF CHINESE auto components, which used to be quite high till a few years ago, are now seeing their growth rate plateauing.

time-read
2 Minuten  |
December 19, 2024
Financial Express Mumbai

New chapter: LEAD Group eyes premium schools

WESTBRIDGE CAPITAL-BACKED edtech unicorn LEAD Group has unveiled Pinnacle, a digital curriculum solution targeting high-fee schools, marking its shift from affordable institutions.

time-read
1 min  |
December 19, 2024
Financial Express Mumbai

Country Delight starts 10-15 minute delivery

DIRECT-TO-CONSUMER dairy and daily essentials brand Country Delight has become the latest entrant to the 10-15 minute delivery space.

time-read
1 min  |
December 19, 2024
Welspun arm looks to raise ₹4,000 cr
Financial Express Mumbai

Welspun arm looks to raise ₹4,000 cr

WELSPUN ONE, THE logistics and industrial property arm of Welspun group, plans to raise ₹4,000 crore to fund its expansion.

time-read
1 min  |
December 19, 2024
Infosys inaugurates ₹426-cr development centre in Bengal
Financial Express Mumbai

Infosys inaugurates ₹426-cr development centre in Bengal

INFOSYS, THE COUNTRY'S second-largest IT services firm, on Wednesday inaugurated a state-of-the-art development centre in New Town, Kolkata, marking a major milestone in West Bengal's IT growth story.

time-read
1 min  |
December 19, 2024
Financial Express Mumbai

Subsea cables: Big Tech may get govt support

Focus now on establishing repair & maintenance infra

time-read
2 Minuten  |
December 19, 2024