economy
2024: A Boon Or a Bane For MSMEs
Innovation has become a non-negotiable for MSMEs, especially as they face competition from both domestic giants and global players. India is today the world's fastest growing major economy, and one of the largest drivers of the country's economic progress have been MSMEs, particularly considering their outsized influence on exports and employment generation.
Sitharaman Attributes Reduced Capital Expenditure for Q2 Slowdown, Believes Q3 to Make Up for the Slump
Finance Minister Nirmala Sitharaman addressed concerns about the recent economic slowdown at a recent event saying the slump is only temporary, attributing it to reduced public and capital spend, and added that the third quarter will compensate for the slowdown.
Economic Activity in India Improved to an 8-Month High of 10.1% in October
October 2024 also registered a robust 9.9 per cent month-on-month (MoM) growth, surpassing the 6.5 per cent MoM increase observed in October 2023.
India's Economic Vision: From $3.5 Trillion to $35 Trillion by 2047, Says Commerce Minister Piyush Goyal
Former Minister Suresh Prabhu added that under Modi's leadership, India is now recognized as a low-risk environment for international investment, enhancing its appeal in global markets
OECD Forecasts Higher Growth for India Amid Global Economic Resilience
The report anticipates India's growth to further increase to 6.8 per cent in FY 2025-26, up by 20 basis points from its earlier forecast.
This Is the One Major Concern Small Business Owners Have Ahead of the Presidential Election, According to the Chamber of Commerce
Inflation has topped the list of concerns for small business owners for the second year in a row.
'Stage Is Set:' EY Senior Economist Expects Three Rate Cuts Before the End of the Year
Inflation hit a three-year low last month.
Bangladesh Crisis Presents Indian RMG Sector With $250 Million Monthly Export Opportunity: Report
The socio-political uncertainties prevailing in Bangladesh may result in global RMG (readymade garment) brands and retailers in India to gain around 6-8 per cent of Bangladesh's monthly export orders
High Interest Rates Aren't Going Anywhere — An Economist Explains What This Means for the Cost of Doing Business
Unless the real interest rate drops, companies that borrow to raise capital can expect to keep paying high rates for quite a while. Here's what this is likely to mean for how they do business.
Starting a Business Is Impossible Without One Thing — and It's Not Cash
The importance of social capital, especially for startups, is more than just a cliche.
A Lot of Things Are Getting Cheaper. Here's Why You Probably Haven't Noticed.
With inflation still high on many items, everything still feels expensive — even as prices drop.
'This Is Personal': What Business Leaders Around the World Are Saying About Hamas' Attack on Israel
Business leaders worldwide on what the war could mean for oil prices, inflation, and the world economy.
This U.S. State Was Named Best for Business For the Second Year In a Row
CNBC just released its annual rankings for America's Top States for Business
'Big Short' Investor: SVB Crisis Is Accelerating Economic Slowdown
Danny Moses is pessimistic after Silicon Valley Bank's demise.
Jamie Dimon Says Soft Landing Possible for Economy, but Warns of 'Scary Stuff'
The JPMorgan CEO points out major threats to global stability, from trade wars to the Russia-Ukraine conflict.