IMF Backs Modi Government's Economic Policies; Expects India To Rev Up Global Growth As China Falters
The IMF’s World Economic Outlook report, released on Tuesday, has not only raised India's growth forecast by 0.3 percentage points to 6.8 per cent for 2024-25 but also sees the country as a bright spot "supporting global growth over the medium term and spill over to other countries".
Apr 18, 2024, 08:33 AM IST
ADB Raises India's GDP Growth Forecast For FY25 To 7% On Robust Investment, Consumer Demand
The ADB's growth forecast for FY25 is in line with the projections made by the Reserve Bank of India (RBI).
World Bank Raises India's GDP Growth Forecast To 7.5% For 2023-24
The World Bank has raised India's economic growth forecast by 1.2 per cent to 7.5 per cent for 2023-24, on the back of robust activity in services and industry in its latest update for South Asia.
Apr 03, 2024, 10:07 AM IST
S&P Global Ups India’s Growth Forecast For 2024-25
In November, last year, S&P Global had projected India's growth to be 6.4 per cent in 2024-25 fiscal on robust domestic momentum.
Mar 26, 2024, 12:41 PM IST
GDP To Grow 6.7-6.9% In Third Quarter Of FY24: SBI
The SBI report has said that Corporate India has continued its robust performance buoyed by incrementally accelerating consumption patterns across urban-rural landscape.
Feb 28, 2024, 12:11 PM IST
IMF Says Asia On Track To Again Deliver Two-Thirds To Global Growth In 2024
For 2023, IMF has estimated growth at 4.7 percent, compared to its 4.6 percent projection it had made in October.
Feb 02, 2024, 09:23 AM IST
India could be $5 trillion economy by 2025: Hardeep Puri
At present, the Indian economy is estimated to be about USD 3.7 trillion.
Jan 23, 2024, 17:16 PM IST
India's Q2 GDP data To Be Released Today; Economists See Growth Slowing In Second Half Of FY24
RBI Governor Shaktikanta Das had also said recently that the July-September growth rate could spring a positive surprise.
Nov 30, 2023, 09:30 AM IST
RBI Retains FY24 GDP Growth Forecast At 6.5%
In April, the central bank had marginally revised upwards the 2023-24 GDP growth projection to 6.5 per cent, from its earlier forecast of 6.4 per cent.
Jun 08, 2023, 12:43 PM IST
Nirmala Sitharaman Posts Impressive Report Card Of BJP's 9-Year Rule
Addressing the media as part of the BJP's all-India outreach to the masses, Sitharaman said that 80 crore people were given free foodgrain during the Covid-19 pandemic while 220 crore were administered Coronavirus vaccine doses nationwide.
May 29, 2023, 13:52 PM IST
India Witnessing 'Snowball Effect'; Set To See Exponential Growth In Coming Years: WEF President Borge Brende
India, which currently holds the G20 presidency, is one of the fastest growing key economies in the world and WEF has had close collaborations with the country for the past many years.
May 26, 2023, 12:48 PM IST
9 Years Of PM Modi: A Look At Nine Economic Policies
Let us glance through 9 flagship schemes of the Narendra Modi government that has help to accelerate the pace of reform and transform the lives of people in the country.
May 25, 2023, 14:43 PM IST
Fitch Affirms India's Sovereign Rating On Robust Growth Outlook
The agency has kept kept India's credit rating unchanged at 'BBB-' -- the lowest investment grade rating -- since August 2006.
May 09, 2023, 15:56 PM IST
IMF Division Chief Daniel Leigh Reposes Faith In Indian Economy, Says Country Remains A 'Bright Spot'
IMF on Tuesday lowered its growth projection for 2023-24 to 5.9 per cent from 6.1 per cent earlier but despite a significant drop, India continues to be the fastest-growing economy in the world, the World Economic Outlook figures revealed.
Apr 12, 2023, 08:04 AM IST
India registers 6.3% slow GDP growth for Q2: Govt data
The country`s gross domestic product (GDP) for the April-June quarter (Q1) of the ongoing financial year 2022-23 rose 13.5 per cent, as per provisional estimates released by National Statistical Office (NSO) on August 31, 2022.
Nov 30, 2022, 15:07 PM IST
S&P cuts India's growth forecast to 7% for FY23
S&P had in September projected the Indian economy to grow 7.3 per cent in 2022-23 and 6.5 per cent in next fiscal year (2023-24).
Nov 28, 2022, 12:47 PM IST
India's FY22 GDP expected to grow at 10-10.5%: Brickwork Ratings
According to the ratings agency, Q2FY22 GDP is expected to grow at 8.3 per cent year-on-year on the back of a faster-than-expected revival in economic activities as well as a decline in new Covid cases, leading to sustained improvement in growth prospects.
India looks at close to double digit growth this year: FM Nirmala Sitharaman
The minister also emphasised that she expects the economic growth next year to be in the range of 7.5-8.5 per cent, which will be sustained for the next decade.
Oct 13, 2021, 12:30 PM IST
Indian economy picking pace again, says PM Modi at CII meeting
Addressing industry chamber CII's meeting, the PM said that the government stands by industry.
Aug 11, 2021, 17:49 PM IST
ADB lowers India's economic growth forecast for this fiscal to 10%
India's GDP growth recovered to 1.6 per cent in the last quarter of fiscal year ended March 2021, narrowing contraction in the whole fiscal year from 8 per cent estimated in April to a revised 7.3 per cent, the multilateral funding agency said in the Asian Development Outlook (ADO) Supplement.
Jul 20, 2021, 10:38 AM IST
