Key Points
NEW DELHI: India's economic momentum remains intact despite a somewhat erratic monsoon, and real..
GDP growth. of 6.5-7% projected in the. finance ministry report. said on Thursday..
According to the monthly economic review for July, the Indian economy has sustained its momentum in the first four months of FY25...
GST collections. in the first four months of FY25 underwent a level shift pushed up by the widening of the tax base and heightened economic activity, the report said...
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Strong private consumption major driving force of India’s eco growth: Fin Min Eco Review
23, Oct, 23The Indian economy is experiencing strong private consumption, which is driving economic growth. Two new drivers of growth have also emerged: a gradual strengthening of investment demand and firming up of industrial activity. However, there are downside risks from global headwinds and uncertainties in weather conditions. The government aims to contain the budgeted fiscal deficit to 5.9% of GDP by FY24.
FY25 outlook bright, need to watch out for CAD: Finmin
23, Mar, 24India's economic outlook for FY25 is positive with strong growth, stable inflation, and robust external account. The government's capital push boosts private investments. Focus needed on increasing domestic savings, monitoring global challenges, and attracting foreign investments for sustainable growth.
India to grow at average 6.7% per year from FY24 to FY31: S&P Global
03, Aug, 23In FY24, agency expects India to continue to be fastest growing large economy with a GDP growth rate of 6%
India’s GDP growth to fall to 6.2% in FY24: Goldman Sachs
21, Nov, 23Says political uncertainty in election year main risk. India is likely to record a GDP growth of 6.2% in the current fiscal (2023-24), which will increase to 6.5% in the next 2024-25 fiscal, said American brokerage Goldman Sachs on Monday. Its expectation for the current fiscal is in line with the projections made by other credit rating agencies and mul
India Can’t Match China’s Past 8-10% Growth, Morgan Stanley Says
18, Mar, 24India is unlikely to achieve the 8%-10% economic growth rates that China pulled off over the long term, Morgan Stanley’s chief Asia economist said, even though the investment bank remains optimistic about the South Asian nation’s prospects.
What explains slowing of manufacturing PMI?
09, Jan, 24Economists note that it remains robust for now, but hints at moderation in activities
India poised to sustain growth momentum, but no time to rest on laurels: Fin Min report
06, Jul, 23The comments from India's finance ministry came in an annual economic report that flagged risks in FY2024 stemming from geopolitical issues and the impact of the El Nino weather phenomenon. India's rural demand is on the path to recovery, the report said. On what is working for Indias economy, the ministry said that it sees strength in the countrys domestic demand.
Fastest-growing large economy in world, India projected to grow at 6.2 per cent in 2024: UN
05, Jan, 24The UN World Economic Situation and Prospects 2024 report launched on Thursday. India is projected to grow at 6.2 per cent in 2024, supported by robust domestic d
Explainer: What is 'Hindu rate of growth' and why Raghuram Rajan's remarks may be 'premature'
29, Oct, 23India Business News: NEW DELHI: India's gross domestic product (GDP) data for the third quarter (October-December 2022) received a word of caution from the former Reserve .
Fitch affirms 'BBB-' rating for India with a stable outlook amid strong growth
16, Jan, 24Fitch emphasized that India's investment landscape is expected to be a key driver of economic growth, citing the continuation of the government's capital expenditure drive and a gradual acceleration of private investment. Despite the positive outlook, Fitch points out that beyond the fiscal year 2024, there is increased uncertainty regarding the fiscal path.