The week in charts: GDP estimate, Nadella’s plan, ₹100 crore homes
Live MintThe first advance estimates released on Tuesday forecast India's growth at 6.4%, the slowest in four years. Services dominance India’s services exports surpassed goods exports, reaching $35.7 billion—about $3 billion more than goods--in November 2024, preliminary data showed. India’s share in global services exports has steadily grown, reaching 4.2% by 2023, while its share in goods exports has remained flat since the 2008 global financial crisis. Eye for AI $3 billion: That’s the investment Microsoft is planning to make in India to enhance its AI and cloud capabilities, CEO Satya Nadella announced while on his visit to the country. Luxe deals ₹100 crore: That is the price of some of India’s most exclusive luxury homes, with cities like Delhi-NCR, Mumbai, and Bengaluru seeing record transactions in 2024.