Indian Economy Growth
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India's GDP Growth Slowed To 5.4% In July-September, Lowest In 2 Years
India's economic growth slowed to near two-year low of 5.4 % in the July-September quarter of this fiscal due to poor performance of manufacturing and mining sectors, but the country continued to remain the fastest-growing large economy.
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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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Biggest Challenge Before Indian Economy Is Employability: Nirmala Sitharaman
In a fireside chat on India's decadal economic reforms and continued economic growth in New York, Union Finance Minister Nirmala Sitharaman on Monday (local time) said that the biggest challenge before India is employability.
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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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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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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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Economic Survey Identifies Areas For Further Growth: PM Modi
Finance Minister Nirmala Sitharaman on Monday presented the Economic Survey 2023-24, along with the statistical appendix in the Lok Sabha.
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Employment Growth Rate In India Was 6% Last Year, Says RBI
The Reserve Bank Of India said on Monday that India added 46.7 million jobs in the fiscal year ended March, far exceeding numbers in private surveys that point to high unemployment rates.
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India On Brink Of Greatest Growth Phase: Gautam Adani
Adani Group Chairman, Gautam Adani, today said that the world is witnessing the rise of India amid the geopolitical tensions and uncertainties straining global relationships.
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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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India Fastest Growing Economy, To Clock 6.7% Growth In 3 Years: World Bank
India will remain the fastest-growing major economy recording a steady growth of 6.7 per cent in the next three years including the current financial year, said a world bank report released on Tuesday.
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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's GDP Growth Slowed To 5.4% In July-September, Lowest In 2 Years
India's economic growth slowed to near two-year low of 5.4 % in the July-September quarter of this fiscal due to poor performance of manufacturing and mining sectors, but the country continued to remain the fastest-growing large economy.
-
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.
-
Biggest Challenge Before Indian Economy Is Employability: Nirmala Sitharaman
In a fireside chat on India's decadal economic reforms and continued economic growth in New York, Union Finance Minister Nirmala Sitharaman on Monday (local time) said that the biggest challenge before India is employability.
-
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.
-
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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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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Economic Survey Identifies Areas For Further Growth: PM Modi
Finance Minister Nirmala Sitharaman on Monday presented the Economic Survey 2023-24, along with the statistical appendix in the Lok Sabha.
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Employment Growth Rate In India Was 6% Last Year, Says RBI
The Reserve Bank Of India said on Monday that India added 46.7 million jobs in the fiscal year ended March, far exceeding numbers in private surveys that point to high unemployment rates.
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India On Brink Of Greatest Growth Phase: Gautam Adani
Adani Group Chairman, Gautam Adani, today said that the world is witnessing the rise of India amid the geopolitical tensions and uncertainties straining global relationships.
-
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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India Fastest Growing Economy, To Clock 6.7% Growth In 3 Years: World Bank
India will remain the fastest-growing major economy recording a steady growth of 6.7 per cent in the next three years including the current financial year, said a world bank report released on Tuesday.
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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.
