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HDFC BANK : HDFC Bank's CEO Sashidhar Jagdishan told #investors that the bank could see a rise in #loan delinquency as #business momentum and collections have slowed since #COVIDSecondWave engulfed the country, including the previously resilient #rural pockets.(NEGATIVE)

#economy #India
#GlobalNews | US President Joe Biden
embraced a bipartisan Senate deal on a $953 billion #infrastructure plan. The plan includes spending on infrastructure projects, building #roads, bridges and #highways and helping stimulate the #economy.
Get ready to pay 10-15% more for your dream home as #construction materials get expensive

#realestate #economy #India
All eyes on #RBI MPC meet outcome on Feb 10. ET NOW Poll expects MPC may increase reverse repo rate by 15 -40 bps.
#inflation #economy #India
50% of India #GDP comes from the external sector. There is a very strong relationship of domestic #economy & #foreign policy, says Minister P&NG and Housing & Urban Affairs, Hardeep Singh Puri
#Japan #economy grows more than expected after technical #recession
#India remains a bright spot, #economy expected to grow 6.7% in 2024: #UN Report
#India is the fastest growing #economy in the world for past 3 years. We are integrally tied with #domestic consumption, #GDP growth, says Ravi Kapoor of PwC

He adds, participation of #women in the #workforce is extremely important
#India approves Rs 1,760 crore for #city project to support circular #economy
#CoalIndia OFS has done well, we will have Rs 4,000 cr plus proceeds. #Market situation is stable; Indian #economy is doing very well: DIPAM Secretary to CNBC-TV18

#FY24 India growth #forecasts on the upside despite #headwinds, he adds
World Bank (@WorldBank) releases latest Global Economic Prospects #report

Here are the #report highlights👇

◼️Global #economy on precarious footing amid high #interest rates

◼️Global #growth to slow to 2.1% in 2023, with prospects clouded by #financial risks
India’s Chief Economic Advisor says global #economy may not go into a #recession
RBI #MPC decision is on expected lines. #Inflation is on the decline, #economy is doing well
#Economy needs to continue being in good stead, current #composition of loan #portfolio could pose a #challenge, says Sanjeev Krishan of PwC in India
Indian #economy is doing quite well, tailwinds have improved. Expect #market to do well in medium to long term. Some #stocks have overcome the #ESG overhang, says Prashant Jain of 3P Investment
When India #exports to the #US, there's a lot of employment generation as well as #forex, says Taranjit Singh Sandhu, #Ambassador of India to the US

1/3rd of Indian students in the US are in #STEM, they provide huge value addition to its #economy, he added
Vedanta #AGM | India is set to be the third largest #economy by 2027, says Anil Agarwal.

Have lined up #partners for our semi conductor business, he added
RT @CNBCTV18News: #Watch | In his Independence Day address, PM Modi guarantees that India will be among the top 3 economies in the world in the next 5 yrs

#independenceday #economy #pmmodi #independenceday2023 #15August2023 #RedFort https://t.co/sazVtLXKgP
The investment by #QIA is a strong endorsement of a positive outlook towards Indian #economy and Reliance’s retail #business model, strategy and execution capabilities, says Isha Ambani of Reliance Retail

#RelianceRetail #IshaAmbani https://t.co/27a1txnd5v https://t.co/cn99rkp07k
#WorldBank projects the Indian #economy to grow at 7.5% in 2024