Merchandise exports are increasingly facing headwinds from the slowdown in goods demand globally, not only in advanced economies such as the US and euro area but also from emerging markets, most importantly the Asia-Pacific, said Crisil Ratings in a report. Crisil’s report stated that exports are facing a double whammy from a fall in prices […]
Retail inflation in India which rose in June after falling in the preceding four months is projected to rise further in July due to rising food prices, said Crisil in a report on Wednesday. July retail inflation data is due next week. According to the rating agency’s report, food inflation in India, which accounts for […]
Rating agency CRISIL on Thursday said it expected India’s gross domestic product (GDP) growth to touch 6 per cent in fiscal 2024, compared with 7 per cent estimated by the National Statistical Organisation (NSO) for fiscal 2023. The agency also sees average GDP growth over the next five fiscals at 6.8 per cent. It added […]
