Economists lowered their India growth forecast after data released Friday showed a sharp deceleration of the country's economic expansion. The economy slumped to a seven-quarter low of 5.4% in the July-Sept period, much lower than consensus estimates and below the RBI's 7% projection. The softer expansion has prompted economists from Goldman Sachs Group to Barclays to lower their full-year growth estimates. Goldman's economists Santanu Sengupta and Arjun Varma have revised their projection to 6% for the year through March 2025, down from 6.4%. Other analysts also lowered their forecasts aggressively for the year.
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HMPV: Centre asks states to step up surveillance of respiratory illnesses
Two suspected cases of the virus were reported from Nagpur, taking the total number to seven
Nvidia Unveils New Tech for Gamers
â Also announces first desktop PC
Samsung CEO touts AI fridges & washers
SAMSUNG ELECTRONICS IS ramping up investment in AI for consumer electronics, betting on its ubiquitous presence in gadgets from smartphones to TVs to help it stake out a spot in the AI arena.
Only 1 in 5 Sees Household Income Rising in '25: Study
ONLY 24% OR 1 out of every 5 Indians expects their household income to rise in 2025, a survey released on Tuesday showed.
A boost to Act East policy
STRATEGIC ALLIANCES WITH GLOBAL BHARATIYAS
Growth engine runs out of steam
THAT REPRESENTS A loss of 6.4% growth over the period, against an average annual growth of 6%.
Orbit, Sanabil Launch Startups' Accelerator
ORBIT STARTUPS (ORBIT) and Sanabil Investments have launched an accelerator programme to cultivate early-stage startups from the Saudi Arabia and the Middle East and North Africa (MENA) region as well as global startups seeking to expand into the region.
Merges chaos of mela with efficiency of online market
Why the campaign rocks:
The cost of consent
The proposed DPDP Rules challenge marketers to rethink strategy
Revolutionising legal services
THE SECTOR IN INDIA SHOULD EMBRACE TECH TRENDS AND COMPETITION IN AN ERA OF DISRUPTION
