Indian Economy Growth Rate
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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 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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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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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 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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"India A Key Player": Centre As IMF Forecasts Growth Rate Of 6.5% In 2024, 2025
The Centre on Wednesday reacted to the International Monetary Fund (IMF) projecting that India will surpass every other major economy and said that the country is a "key player" in the global economic landscape.
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Advance Estimates Peg GDP Growth During 2023-24 At 7.3%
India's economy is expected to grow 7.3 per cent in the current fiscal year ending in March, the highest rate of the major global economies, helped by state spending and a pickup in manufacturing, the National Statistics Office said on Friday.
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Fitch Retains India's Growth Forecast For Current Fiscal At 6.3%
Fitch Ratings on Thursday retained India's growth forecast for the current fiscal at 6.3 per cent saying the Indian economy continues to show resilience despite tighter monetary policy and weakness in exports, but upped year-end inflation projection on El Nino threat.
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India's Growth To Outpace All Other G20 Economies For Next 2 Years: Moody's
Moody's Investors Service on Friday affirmed India's rating at the lowest investment grade of 'Baa3', with a stable outlook, saying high growth will support a gradual increase in income levels.
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India To Grow At 6.7% From 2024, Become 6.7-Trillion Economy By 2030: Rating Agency
Standard & Poor, however, warned that a global slowdown and lagged effect of a policy rate hike by RBI could slow down growth to 6% in the current fiscal.
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India Will Be 3rd Largest Economy By 2027, 2 Years Before Estimate: Report
India is likely to get the 3rd largest economy tag in 2027 (2027-28) if it maintains the current rate of growth, and in the process, will surpass both Japan and Germany, said SBI Research in its 'Ecowrap' report.
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Indian Industry's Topline Growth In Q4FY23 To Halve To 10-12%: Report
India Inc is likely to report a halving of revenue growth in the fourth quarter of FY23, a credit rating agency said on Thursday, as companies start reporting their financials.
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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 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.
-
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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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.
-
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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"India A Key Player": Centre As IMF Forecasts Growth Rate Of 6.5% In 2024, 2025
The Centre on Wednesday reacted to the International Monetary Fund (IMF) projecting that India will surpass every other major economy and said that the country is a "key player" in the global economic landscape.
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Advance Estimates Peg GDP Growth During 2023-24 At 7.3%
India's economy is expected to grow 7.3 per cent in the current fiscal year ending in March, the highest rate of the major global economies, helped by state spending and a pickup in manufacturing, the National Statistics Office said on Friday.
-
Fitch Retains India's Growth Forecast For Current Fiscal At 6.3%
Fitch Ratings on Thursday retained India's growth forecast for the current fiscal at 6.3 per cent saying the Indian economy continues to show resilience despite tighter monetary policy and weakness in exports, but upped year-end inflation projection on El Nino threat.
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India's Growth To Outpace All Other G20 Economies For Next 2 Years: Moody's
Moody's Investors Service on Friday affirmed India's rating at the lowest investment grade of 'Baa3', with a stable outlook, saying high growth will support a gradual increase in income levels.
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India To Grow At 6.7% From 2024, Become 6.7-Trillion Economy By 2030: Rating Agency
Standard & Poor, however, warned that a global slowdown and lagged effect of a policy rate hike by RBI could slow down growth to 6% in the current fiscal.
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India Will Be 3rd Largest Economy By 2027, 2 Years Before Estimate: Report
India is likely to get the 3rd largest economy tag in 2027 (2027-28) if it maintains the current rate of growth, and in the process, will surpass both Japan and Germany, said SBI Research in its 'Ecowrap' report.
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Indian Industry's Topline Growth In Q4FY23 To Halve To 10-12%: Report
India Inc is likely to report a halving of revenue growth in the fourth quarter of FY23, a credit rating agency said on Thursday, as companies start reporting their financials.
