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Indian Economy In "Sweet Spot", Says Moody's, Forecasts 7.2% Growth In 2024
Indian economy is in a sweet spot, with a mix of solid growth and moderating inflation, Moody's Ratings said, forecasting a 7.2 per cent GDP growth in the 2024 calendar year and 6.6 per cent in the next.
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Indian Economy To Touch $7 Trillion Mark By 2031: Report
The Indian economy is expected to clock a medium-term growth of 6.7 per cent on average between fiscal 2025 and 2031, and touch the $7 trillion mark, according to a report by rating agency CRISIL.
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India's Growth Rate Among Shiniest In Global Economy: World Bank Chief
India's growth rate is the shiniest part in the global economy, World Bank president Ajay Banga said on Thursday, noting that a lot of this is driven by the domestic market.
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India's Aviation Sector Needs $170 Billion To Fund Record Growth By 2030: Report
India's aviation sector will need to pump in more than $170 billion through 2030 to finance record aircraft orders and boost airport capacity amid an ongoing traffic boom, S&P Global Ratings said in a report.
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RBI Keeps Key Lending Rate Unchanged At 6.5% For 10th Consecutive Time
The Reserve Bank of India (RBI) has kept its key interest rate unchanged for the tenth consecutive time, its governor Shaktikanta Das announced today,while retaining India's real GDP growth forecast at 7.2 per cent for the current financial year.
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India To Become Third-Largest Economy By 2030: Report
India is on track to become the third-largest economy by fiscal 2030-31, driven by a robust projected annual growth rate of 6.7 per cent, a report by S&P Global projected on Thursday.
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World Bank Upgrades India's FY25 Growth, Predicts Over 6% For Next 3 Years
The World Bank has upgraded India's growth forecast for FY25 to seven per cent from 6.6 per cent, the global financial body said in an India-focused report released Tuesday.
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RBI Governor On Two Factors That Pulled GDP Growth Rate Down
The slowing of India's economic growth to a 15-month low of 6.7 per cent in the April-June quarter was due to "lower" government spending in the wake of the enforcement of the model code of conduct for the Lok Sabha polls, RBI Governor said.
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Factors That Point To Strong GDP Growth In Coming Quarters: 10 Points
India's real gross domestic product growth rate is at a strong 6.7 per cent despite a high base effect of the last few years, according to officials. Manufacturing grew 7 per cent as against 5 per cent last year; construction saw 8.6 per cent growth.
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Why More Americans Find One Job No Longer Enough To Survive
The gig economy, once seen as a side hustle, has become essential for supplementing income as inflation outpaces wage increases.
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Moody's Raises India's GDP Growth Forecast To 7.2% For 2024
New York-based Moody's Ratings on Thursday raised its forecast for India's GDP growth for 2024 to 7.2 per cent from 6.8 per cent as projected earlier on the back of stronger private consumption driving up aggregate demand in the economy.
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India's Student Suicide Rate Surpasses Population Growth Rate
Incidents of student suicides in India have grown at an alarming annual rate, surpassing the population growth rate and overall suicide trends, according to a new report.
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India's $55 Trillion Economy Target Ambitious, But Achievable: IMF Executive Director
India's economy is projected to grow to $55 trillion by 2047 if the country is able to register an average real growth rate of 8 per cent in the coming years which is an ambitious but achievable target, IMF executive director KV Subramanian said.
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Take-Two Looks at GTA 6, Other New Games to Boost Bookings in Next 2 Fiscal Years
Take-Two said it saw a decline in recurrent consumer spending for GTA Online in the first quarter, signaling that after years of consistent growth, player engagement rates for the live-service title might be slowing down. The videogame publisher is gearing up for the launch of its long-awaited Grand Theft Auto VI next year.
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Budget 2024: President Murmu's Customary Dahi-Cheeni For Finance Minister Nirmala Sitharaman
Budget 2024: This year's Budget is the seventh consecutive Budget for Finance Minister Sitharaman and the Modi government's 13th straight Budget since 2014.
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Indian Economy In "Sweet Spot", Says Moody's, Forecasts 7.2% Growth In 2024
Indian economy is in a sweet spot, with a mix of solid growth and moderating inflation, Moody's Ratings said, forecasting a 7.2 per cent GDP growth in the 2024 calendar year and 6.6 per cent in the next.
-
Indian Economy To Touch $7 Trillion Mark By 2031: Report
The Indian economy is expected to clock a medium-term growth of 6.7 per cent on average between fiscal 2025 and 2031, and touch the $7 trillion mark, according to a report by rating agency CRISIL.
-
India's Growth Rate Among Shiniest In Global Economy: World Bank Chief
India's growth rate is the shiniest part in the global economy, World Bank president Ajay Banga said on Thursday, noting that a lot of this is driven by the domestic market.
-
India's Aviation Sector Needs $170 Billion To Fund Record Growth By 2030: Report
India's aviation sector will need to pump in more than $170 billion through 2030 to finance record aircraft orders and boost airport capacity amid an ongoing traffic boom, S&P Global Ratings said in a report.
-
RBI Keeps Key Lending Rate Unchanged At 6.5% For 10th Consecutive Time
The Reserve Bank of India (RBI) has kept its key interest rate unchanged for the tenth consecutive time, its governor Shaktikanta Das announced today,while retaining India's real GDP growth forecast at 7.2 per cent for the current financial year.
-
India To Become Third-Largest Economy By 2030: Report
India is on track to become the third-largest economy by fiscal 2030-31, driven by a robust projected annual growth rate of 6.7 per cent, a report by S&P Global projected on Thursday.
-
World Bank Upgrades India's FY25 Growth, Predicts Over 6% For Next 3 Years
The World Bank has upgraded India's growth forecast for FY25 to seven per cent from 6.6 per cent, the global financial body said in an India-focused report released Tuesday.
-
RBI Governor On Two Factors That Pulled GDP Growth Rate Down
The slowing of India's economic growth to a 15-month low of 6.7 per cent in the April-June quarter was due to "lower" government spending in the wake of the enforcement of the model code of conduct for the Lok Sabha polls, RBI Governor said.
-
Factors That Point To Strong GDP Growth In Coming Quarters: 10 Points
India's real gross domestic product growth rate is at a strong 6.7 per cent despite a high base effect of the last few years, according to officials. Manufacturing grew 7 per cent as against 5 per cent last year; construction saw 8.6 per cent growth.
-
Why More Americans Find One Job No Longer Enough To Survive
The gig economy, once seen as a side hustle, has become essential for supplementing income as inflation outpaces wage increases.
-
Moody's Raises India's GDP Growth Forecast To 7.2% For 2024
New York-based Moody's Ratings on Thursday raised its forecast for India's GDP growth for 2024 to 7.2 per cent from 6.8 per cent as projected earlier on the back of stronger private consumption driving up aggregate demand in the economy.
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India's Student Suicide Rate Surpasses Population Growth Rate
Incidents of student suicides in India have grown at an alarming annual rate, surpassing the population growth rate and overall suicide trends, according to a new report.
-
India's $55 Trillion Economy Target Ambitious, But Achievable: IMF Executive Director
India's economy is projected to grow to $55 trillion by 2047 if the country is able to register an average real growth rate of 8 per cent in the coming years which is an ambitious but achievable target, IMF executive director KV Subramanian said.
-
Take-Two Looks at GTA 6, Other New Games to Boost Bookings in Next 2 Fiscal Years
Take-Two said it saw a decline in recurrent consumer spending for GTA Online in the first quarter, signaling that after years of consistent growth, player engagement rates for the live-service title might be slowing down. The videogame publisher is gearing up for the launch of its long-awaited Grand Theft Auto VI next year.
-
Budget 2024: President Murmu's Customary Dahi-Cheeni For Finance Minister Nirmala Sitharaman
Budget 2024: This year's Budget is the seventh consecutive Budget for Finance Minister Sitharaman and the Modi government's 13th straight Budget since 2014.
