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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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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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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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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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Analysis: Can Chandrababu Naidu's "Rich Adopt Poor" Plan Bridge The Gap?
The IMF (The International Monetary Fund) in its report in April 2024 had estimated India's GDP growth to be 6.8%. In July 2024, it revised the forecast by 20 basis points to 7%.
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IMF Raises India's GDP Growth Forecast To 7% For 2024-25
The International Monetary Fund on Tuesday raised India's growth forecast for 2024-25 to 7% from 6.8% on the back of improving private consumption, particularly in rural India.
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Rating Agency Fitch Raises India's GDP Growth Forecast For 2024-25 To 7.2%
Global rating agency Fitch today raised India's GDP growth forecast for FY25 to 7.2 per cent, from 7 per cent.
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Top Industrial Body Pegs India's GDP Growth At 8% For 2024-25
CII expects the country's economy to grow at 8 per cent in 2024-25 on the back of a better performance of the agriculture sector and higher levels of private investment, according to Sanjiv Puri, the newly elected President of the top industry body.
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Indian Economy Likely Grew At Weakest Pace In January-March: Report
India's economy likely grew at its slowest pace in a year in the January-March quarter due to weak demand, according to a Reuters poll of economists who said the possibility of growth significantly surpassing their forecasts was low.
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India Has Become An Alternative Investment Source For West: UN
Indian economy's growth rate projection for this year has been raised by 0.7 per cent to 6.9 per cent from the forecast made in January by the UN and it retains its position as the world's fastest-growing large economy.
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Why Is China's Growth Story Different From India? Ex-TCS Boss Explains
The International Monetary Fund (IMF) has raised India's growth forecast to 6.8% from its January projection of 6.5%, citing bullish domestic demand and a rising working-age population.
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Asian Development Bank Raises India's Growth Forecast To 7%
The Asian Development Bank (ADB) on Thursday raised India's GDP growth forecast for the current fiscal to 7 per cent, from 6.7 per cent earlier.
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Opinion: GDP Growth-Rising Investment Can Sustain This Momentum
The NSO recently announced that GDP growth for FY24 would reach 7.6%, surpassing its previous forecast of 7.3%. Though consumption, which accounts for approximately 60% of GDP, presents a mixed picture.
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Ashneer Grover's Take On India's GDP Growth Divides Internet
Ashneer Grover said that India's GDP should be measured based on per capita income and labelled it as the "true measure of development"
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IMF Hikes India's 2023 GDP Growth Forecast to 6.3%, Downgrades China
The International Monetary Fund on Tuesday revised India's 2023 growth forecast upwards to 6.3 per cent - in line with its unchanged outlook for 2024 - to reflect "stronger-than-expected consumption" in the April-June quarter.
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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.
-
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.
-
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.
-
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.
-
Analysis: Can Chandrababu Naidu's "Rich Adopt Poor" Plan Bridge The Gap?
The IMF (The International Monetary Fund) in its report in April 2024 had estimated India's GDP growth to be 6.8%. In July 2024, it revised the forecast by 20 basis points to 7%.
-
IMF Raises India's GDP Growth Forecast To 7% For 2024-25
The International Monetary Fund on Tuesday raised India's growth forecast for 2024-25 to 7% from 6.8% on the back of improving private consumption, particularly in rural India.
-
Rating Agency Fitch Raises India's GDP Growth Forecast For 2024-25 To 7.2%
Global rating agency Fitch today raised India's GDP growth forecast for FY25 to 7.2 per cent, from 7 per cent.
-
Top Industrial Body Pegs India's GDP Growth At 8% For 2024-25
CII expects the country's economy to grow at 8 per cent in 2024-25 on the back of a better performance of the agriculture sector and higher levels of private investment, according to Sanjiv Puri, the newly elected President of the top industry body.
-
Indian Economy Likely Grew At Weakest Pace In January-March: Report
India's economy likely grew at its slowest pace in a year in the January-March quarter due to weak demand, according to a Reuters poll of economists who said the possibility of growth significantly surpassing their forecasts was low.
-
India Has Become An Alternative Investment Source For West: UN
Indian economy's growth rate projection for this year has been raised by 0.7 per cent to 6.9 per cent from the forecast made in January by the UN and it retains its position as the world's fastest-growing large economy.
-
Why Is China's Growth Story Different From India? Ex-TCS Boss Explains
The International Monetary Fund (IMF) has raised India's growth forecast to 6.8% from its January projection of 6.5%, citing bullish domestic demand and a rising working-age population.
-
Asian Development Bank Raises India's Growth Forecast To 7%
The Asian Development Bank (ADB) on Thursday raised India's GDP growth forecast for the current fiscal to 7 per cent, from 6.7 per cent earlier.
-
Opinion: GDP Growth-Rising Investment Can Sustain This Momentum
The NSO recently announced that GDP growth for FY24 would reach 7.6%, surpassing its previous forecast of 7.3%. Though consumption, which accounts for approximately 60% of GDP, presents a mixed picture.
-
Ashneer Grover's Take On India's GDP Growth Divides Internet
Ashneer Grover said that India's GDP should be measured based on per capita income and labelled it as the "true measure of development"
-
IMF Hikes India's 2023 GDP Growth Forecast to 6.3%, Downgrades China
The International Monetary Fund on Tuesday revised India's 2023 growth forecast upwards to 6.3 per cent - in line with its unchanged outlook for 2024 - to reflect "stronger-than-expected consumption" in the April-June quarter.
