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India's Long-Term Credit Rating Upgraded To 'BBB'. What It Means
India's long-term credit rating has been improved from 'BBB (low)' to 'BBB' by Morningstar DBRS, a global sovereign credit rating agency. The country's credit outlook has been revised to 'Stable' from 'Positive'.
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India's Economic Growth To Exceed 6.5% In FY26: Moody's
Moody's Ratings on Wednesday said India's economic growth will exceed 6.5 per cent in the next fiscal, up from 6.3 per cent this year, on higher government capex and consumption boost from tax cuts and interest rate reduction.
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GDP Growth At 6.3-6.8%, Inflation To Stay Under Control: Economic Survey
Budget 2025: The Indian economy is projected to expand at a rate of 6.3 per cent to 6.8 per cent in the financial year 2025-26 (FY26), according to the Economic Survey 2024-25 presented in Parliament by Finance Minister Nirmala Sitharaman today.
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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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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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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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Government Estimates Centre's Debt To Rise To Rs 185 Lakh Crore In FY25
The government estimates its debt, including external borrowing, valued at current exchange rate and public account and other liabilities will increase to Rs 185 lakh crore, or 56.8 per cent of the GDP, during the current fiscal year.
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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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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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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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GDP Grows 7.8% In March Quarter, Pushes India's Annual Growth Rate To 8.2%
India's economy grew 7.8 per cent in the March quarter, pushing up the annual growth rate to 8.2 per cent, according to official data released today.
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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's Long-Term Credit Rating Upgraded To 'BBB'. What It Means
India's long-term credit rating has been improved from 'BBB (low)' to 'BBB' by Morningstar DBRS, a global sovereign credit rating agency. The country's credit outlook has been revised to 'Stable' from 'Positive'.
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India's Economic Growth To Exceed 6.5% In FY26: Moody's
Moody's Ratings on Wednesday said India's economic growth will exceed 6.5 per cent in the next fiscal, up from 6.3 per cent this year, on higher government capex and consumption boost from tax cuts and interest rate reduction.
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GDP Growth At 6.3-6.8%, Inflation To Stay Under Control: Economic Survey
Budget 2025: The Indian economy is projected to expand at a rate of 6.3 per cent to 6.8 per cent in the financial year 2025-26 (FY26), according to the Economic Survey 2024-25 presented in Parliament by Finance Minister Nirmala Sitharaman today.
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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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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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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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Government Estimates Centre's Debt To Rise To Rs 185 Lakh Crore In FY25
The government estimates its debt, including external borrowing, valued at current exchange rate and public account and other liabilities will increase to Rs 185 lakh crore, or 56.8 per cent of the GDP, during the current fiscal year.
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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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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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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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GDP Grows 7.8% In March Quarter, Pushes India's Annual Growth Rate To 8.2%
India's economy grew 7.8 per cent in the March quarter, pushing up the annual growth rate to 8.2 per cent, according to official data released today.
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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.
