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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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Time Ripe To Join India's Growth Story: PM Modi To German Business Delegation
Prime Minister Narendra Modi today said this is the right time to join India's growth story, as German Chancellor Olaf Scholz met the Prime Minister in the national capital with a business delegation.
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World Excited About India's Growth, Investment: PM Modi At NDTV World Summit
PM Modi today spoke about why the 21st Century is 'The India Century' and how the country is growing rapidly and how investors from around the world are excited about India being the fastest growing major economy.
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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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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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GDP Grows By 6.7% In April-June vs 7.8% In Jan-March, Lowest In 5 Quarters
India's gross domestic product slowed to a quarter low of 6.7 per centin April-June this fiscal against 8.2 per cent in the year-ago period, mainly due to poor showing by the farm sector, shows government data.
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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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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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"Budget 2024 Based On PM Modi's Mantra Sabka Saath Sabka Vikas": Pankaj Chaudhary
Budget 2024: This budget, marking Sitharaman's seventh consecutive presentation and surpassing Morarji Desai's record, will include proposed changes in income tax and measures to enhance business ease.
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Opinion | Economic Survey 2024 Signals Resilient Growth, Despite All Odds
The Economic Survey 2023-24 highlights the resilience of India's economy. The real GDP growth rate reached 8.2% in FY24, sustaining over 7% growth for three consecutive years. Further, the survey has projected FY25 real GDP growth at 6.5% 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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India Recorded 8.3% Average Growth In Last 3 Years: RBI Chief
India is at the threshold of a major structural shift in its growth trajectory, highlighted Shaktikanta Das, Reserve Bank of India Governor, on Tuesday during his address at the 188th AGM of Bombay Chamber of Commerce & Industry.
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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.
-
Time Ripe To Join India's Growth Story: PM Modi To German Business Delegation
Prime Minister Narendra Modi today said this is the right time to join India's growth story, as German Chancellor Olaf Scholz met the Prime Minister in the national capital with a business delegation.
-
World Excited About India's Growth, Investment: PM Modi At NDTV World Summit
PM Modi today spoke about why the 21st Century is 'The India Century' and how the country is growing rapidly and how investors from around the world are excited about India being the fastest growing major economy.
-
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.
-
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.
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GDP Grows By 6.7% In April-June vs 7.8% In Jan-March, Lowest In 5 Quarters
India's gross domestic product slowed to a quarter low of 6.7 per centin April-June this fiscal against 8.2 per cent in the year-ago period, mainly due to poor showing by the farm sector, shows government data.
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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%.
-
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.
-
"Budget 2024 Based On PM Modi's Mantra Sabka Saath Sabka Vikas": Pankaj Chaudhary
Budget 2024: This budget, marking Sitharaman's seventh consecutive presentation and surpassing Morarji Desai's record, will include proposed changes in income tax and measures to enhance business ease.
-
Opinion | Economic Survey 2024 Signals Resilient Growth, Despite All Odds
The Economic Survey 2023-24 highlights the resilience of India's economy. The real GDP growth rate reached 8.2% in FY24, sustaining over 7% growth for three consecutive years. Further, the survey has projected FY25 real GDP growth at 6.5% 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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India Recorded 8.3% Average Growth In Last 3 Years: RBI Chief
India is at the threshold of a major structural shift in its growth trajectory, highlighted Shaktikanta Das, Reserve Bank of India Governor, on Tuesday during his address at the 188th AGM of Bombay Chamber of Commerce & Industry.
