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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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India's Growth Rate Among Shiniest In Global Economy: World Bank Chief
India's growth rate is the shiniest part in the global economy, World Bank president Ajay Banga said on Thursday, noting that a lot of this is driven by the domestic market.
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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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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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"6.5-7% Growth In FY25": Nirmala Sitharaman Presents Economic Survey
Economic Survey 2024: Finance Minister Nirmala Sitharaman tabled the Economic Survey 2023/24 in Parliament Monday, a day before she will present a record seventh union budget.
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India's Electricity Demand May Surge By 8% This Year: Report
With demand for electricity in India expected to surge by a massive 8% this year, the world's demand is rising at its fastest rate in years, driven by robust economic growth, intense heat waves and uptake of technologies that run on electricity.
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RBI Keeps Key Lending Rate Unchanged At 6.5% For 8th Consecutive Time
The Reserve Bank of India kept key lending rate unchanged for the eighth consecutive time as robust economic growth continues to provide space to focus on bringing down inflation.
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S&P Global Upgrades India's Outlook From Stable To Positive Amid Robust Growth
Global rating agency S&P Global today revised India's outlook from stable to positive on Wednesday, as the country continues to excel in long-term economic growth amid political stability.
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India's 'Goldilocks' Economy To Prompt RBI To Keep Key Rates Unchanged
Strong economic growth and moderating inflation means India's central bank will have room to keep interest rates on hold at its review this week and likely until July, economists say.
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From Unchanged Key Rate To GDP Growth: RBI Governor's 10 Big Announcements
Reserve Bank of India (RBI) Governor Shaktikanta Das today provided a comprehensive overview of the domestic and global economic landscape, highlighting key aspects of India's financial health and outlining the central bank's policies and priorities.
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RBI Keeps Key Lending Rate Unchanged At 6.5% For 6th Straight Time
The Reserve Bank of India kept key lending rate unchanged on Thursday for a sixth straight meeting, in line with expectations, as inflation stayed above the 4% medium-term target while economic growth remained resilient.
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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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India To Spend Rs 143 Lakh Crore On Infrastructure Till 2030: Report
India will spend nearly Rs 143 lakh crore on infrastructure between fiscals 2024 and 2030, more than twice the Rs 67 lakh crore spent in the past seven financial years starting 2017, rating agency Crisil said today.
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IMF Hikes India's 2023 GDP Growth Forecast to 6.3%, Downgrades China
The International Monetary Fund on Tuesday revised India's 2023 growth forecast upwards to 6.3 per cent - in line with its unchanged outlook for 2024 - to reflect "stronger-than-expected consumption" in the April-June quarter.
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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.
-
India's Growth Rate Among Shiniest In Global Economy: World Bank Chief
India's growth rate is the shiniest part in the global economy, World Bank president Ajay Banga said on Thursday, noting that a lot of this is driven by the domestic market.
-
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.
-
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.
-
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%.
-
"6.5-7% Growth In FY25": Nirmala Sitharaman Presents Economic Survey
Economic Survey 2024: Finance Minister Nirmala Sitharaman tabled the Economic Survey 2023/24 in Parliament Monday, a day before she will present a record seventh union budget.
-
India's Electricity Demand May Surge By 8% This Year: Report
With demand for electricity in India expected to surge by a massive 8% this year, the world's demand is rising at its fastest rate in years, driven by robust economic growth, intense heat waves and uptake of technologies that run on electricity.
-
RBI Keeps Key Lending Rate Unchanged At 6.5% For 8th Consecutive Time
The Reserve Bank of India kept key lending rate unchanged for the eighth consecutive time as robust economic growth continues to provide space to focus on bringing down inflation.
-
S&P Global Upgrades India's Outlook From Stable To Positive Amid Robust Growth
Global rating agency S&P Global today revised India's outlook from stable to positive on Wednesday, as the country continues to excel in long-term economic growth amid political stability.
-
India's 'Goldilocks' Economy To Prompt RBI To Keep Key Rates Unchanged
Strong economic growth and moderating inflation means India's central bank will have room to keep interest rates on hold at its review this week and likely until July, economists say.
-
From Unchanged Key Rate To GDP Growth: RBI Governor's 10 Big Announcements
Reserve Bank of India (RBI) Governor Shaktikanta Das today provided a comprehensive overview of the domestic and global economic landscape, highlighting key aspects of India's financial health and outlining the central bank's policies and priorities.
-
RBI Keeps Key Lending Rate Unchanged At 6.5% For 6th Straight Time
The Reserve Bank of India kept key lending rate unchanged on Thursday for a sixth straight meeting, in line with expectations, as inflation stayed above the 4% medium-term target while economic growth remained resilient.
-
"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.
-
India To Spend Rs 143 Lakh Crore On Infrastructure Till 2030: Report
India will spend nearly Rs 143 lakh crore on infrastructure between fiscals 2024 and 2030, more than twice the Rs 67 lakh crore spent in the past seven financial years starting 2017, rating agency Crisil said today.
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IMF Hikes India's 2023 GDP Growth Forecast to 6.3%, Downgrades China
The International Monetary Fund on Tuesday revised India's 2023 growth forecast upwards to 6.3 per cent - in line with its unchanged outlook for 2024 - to reflect "stronger-than-expected consumption" in the April-June quarter.
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