A little more ambition and resolve could boost India’s economic expansion
2 days ago

A little more ambition and resolve could boost India’s economic expansion

Live Mint  

Planet Earth completed a revolution around the sun and we all celebrated it with gusto, calling it a New Year. There is much discussion around ‘known unknowns’ or ‘unknown unknowns’ of a world awash in debt and beset with rising interest burdens and global trade patterns having taken a geopolitical turn, with portents of trade and currency wars, perhaps even new wars. Looking at the medium term, as per the IMF, India’s contribution to global growth at about 15% during the five-year span of 2024-29 will be greater than that of the US, which is projected to contribute about 11.6%, and also more than twice that of Germany, the UK, France and Japan combined. In fact, Donald Trump’s second presidential term in the US could prove to be a major stress test for decision-makers around the world. Trump’s policies on trade in which the US is less exposed and his fiscal measures could boost the US’s near-term economic performance and the dollar, which could be problematic for many economies.

Global India Growth World Indian Imf Term Economic  expansion  indias  trade  imf  growth  term  economic  ambition  little  india  boost  second  global  world  resolve

History of this topic

2024 yearender: A year marred by great economic uncertainties
1 week, 2 days ago

2024 yearender: A year marred by great economic uncertainties

Hindustan Times  

Donald Trump will take charge as the US President for the second time on January 20, 2025. In a move that could have far-reaching consequences for the world economy, Trump has promised imposition of large-scale tariffs as a bargaining tool to buttress US’s economic dominance and well-being vis-à-vis other countries. Should Trump enter into an open conflict with the US …

Indian economy to grow at 6.5-6.8 pc in FY25 on higher domestic consumption: Deloitte
1 week, 4 days ago

Indian economy to grow at 6.5-6.8 pc in FY25 on higher domestic consumption: Deloitte

Live Mint  

New Delhi, Dec 29 Indian economy is likely to grow at 6.5-6.8 per cent this fiscal and slightly higher between 6.7-7.3 per cent in FY2026, boosted by domestic consumption, Deloitte said on Sunday. Deloitte India Economist Rumki Majumdar said the growth in the first half of the fiscal year 2025 turned out to be slower than estimated as election uncertainties …

India Sees Economic Growth at 6.5% for the Year Through March
1 week, 6 days ago

India Sees Economic Growth at 6.5% for the Year Through March

Live Mint  

-- India expects the economy to grow at around 6.5% in the year through March, against 8.2% a year before, after the economy slowed unexpectedly in the July-September quarter. “We expect the economy to grow at around 6.5% in real terms in financial year 2024-25,” the Department of Economic Affairs said in its monthly economic review for November. “India’s growth …

India’s high-frequency indicators recovering in Q3, to lift GDP in H2: RBI December Bulletin
Trending News
2 weeks, 1 day ago

India’s high-frequency indicators recovering in Q3, to lift GDP in H2: RBI December Bulletin

Live Mint  

Mumbai: Several high-frequency indicators for the third quarter of the current financial year show that the Indian economy is recovering from the slowdown in momentum witnessed in the previous three months ended September, according to a paper in the Reserve Bank of India’s monthly bulletin. The recovery in Q3 of FY25 is being driven by strong festival activity and sustained …

Expert view: India’s growth story remains strong; Trump’s policies may boost China+1 strategy, says Mandal of Marcellus
3 weeks, 2 days ago

Expert view: India’s growth story remains strong; Trump’s policies may boost China+1 strategy, says Mandal of Marcellus

Live Mint  

Expert view: Arindam Mandal, the head of global equities at Marcellus, remains confident about India’s long-term structural growth story. In an interview with Mint, Mandal shares his views on the Indian stock market, the US Fed's rate reduction cycle and explains what key factors Indian investors should consider before investing in developed market equities. While Trump’s trade policies are aimed …

India can be a $9 trillion economy by 2030: Arvind Panagariya
3 weeks, 6 days ago

India can be a $9 trillion economy by 2030: Arvind Panagariya

Live Mint  

India is poised to surpass the position of the world's third-largest economy by 2030, with its gross domestic product expected to expand to $6.5-9 trillion, said Arvind Panagariya, the chairman of the 16th Finance Commission of India, on Thursday. Speaking at the Times Network India Economic Conclave 2024, Panagariya, former vice chairperson of NITI Aayog, said the Indian economy, despite …

Govt confident of economic rebound despite global challenges, says Piyush Goyal
3 weeks, 6 days ago

Govt confident of economic rebound despite global challenges, says Piyush Goyal

Live Mint  

New Delhi: Despite global uncertainties owing to supply-chain disturbances following the Red Sea crisis, union commerce and industry minister Piyush Goyal has said he was confident that India's economic growth would be back on track by the end of the fiscal year. Speaking at Times Network’s India Economic Conclave on Thursday, Goyal said, "There was an election in the first …

Indian economy set for resilient growth in 2025; urban consumption, infra investment to be key: S&P
4 weeks, 1 day ago

Indian economy set for resilient growth in 2025; urban consumption, infra investment to be key: S&P

Firstpost  

In its India outlook for 2025, S&P also retained India’s growth forecast for current fiscal at 6.8 per cent, followed by 6.9 per cent growth in 2025-26 S&P Global Ratings on Tuesday said the Indian economy is set for “resilient growth” in 2025 and projected inflation pressure to recede which will lead to “modest” easing of the monetary policy by …

Morgan Stanley sees Sensex at 93,000 by 2025 end, remains bullish on India’s long-term growth
1 month ago

Morgan Stanley sees Sensex at 93,000 by 2025 end, remains bullish on India’s long-term growth

Live Mint  

As the calendar turns to 2025, India's equity market continues to maintain a positive trajectory, buoyed by strong fundamentals and a degree of insulation from global economic turbulence. Despite a 6 per cent correction in Indian benchmarks the Sensex and Nifty from recent highs, triggered by substantial foreign institutional investor sell-offs in October, Morgan Stanley remains optimistic about the country’s …

India's inclusive growth applauded by International community: IMF Executive Director Subramanian
1 month ago

India's inclusive growth applauded by International community: IMF Executive Director Subramanian

The Hindu  

The world is bullish on India, the country's top economist, currently Executive Director of the International Monetary Fund has said, noting that India’s public digital infrastructure and inclusive growth is not only being talked about but also applauded by the International community. Apart from that, the kind of inclusive growth that India has pursued over the last decade is also …

India’s GDP growth shocker: Bad news can be good too
1 month ago

India’s GDP growth shocker: Bad news can be good too

Live Mint  

India’s growth in gross domestic product of 5.4% in the three months ended 30 September, or the second quarter of 2024-25, was a shocker. It’s the lowest level seen since the third quarter of 2022-23 and a sharp drop from 8.1% growth in the same period last year and also from 6.7% in the first quarter of 2024-25. Given the …

India’s Potential GDP Growth Pegged at 6.5–7 Percent: Chief Economic Advisor
1 month ago

India’s Potential GDP Growth Pegged at 6.5–7 Percent: Chief Economic Advisor

Deccan Chronicle  

New Delhi: In line with the Economic Survey, India's chief economic advisor V Anantha Nageswaran on Monday said that the country's potential GDP growth is in the range of 6.5-7 percent and the country should be able to achieve it on the back of things that have already happened in the last 10 years whether it is in terms of …

India’s GDP growth: The first half faltered, but economy seen rebounding in the second
Trending News
1 month, 1 week ago

India’s GDP growth: The first half faltered, but economy seen rebounding in the second

Live Mint  

Two consecutive quarters of disappointing economic growth have left economists pinning their hopes on a rebound in the second half of the fiscal year. Some economists, however, expect India’s FY25 GDP growth to be lower than the Reserve Bank of India’s 7.2% outlook because of the disappointing economic growth in the first two quarters of the fiscal year. “Government will …

S&P Foresees Steady 6.5-7 Percent Growth for India Until 2027
1 month, 3 weeks ago

S&P Foresees Steady 6.5-7 Percent Growth for India Until 2027

Deccan Chronicle  

New Delhi: S&P Global Ratings on Thursday projected the Indian economy to grow between 6.5-7 per cent annually in the three fiscal years till March 2027 as infrastructure spending and private consumption drive growth momentum. “Good economic growth prospects will continue to support banks' asset quality, while healthy corporate balance sheets, tighter underwriting standards and improved risk management practices will …

Inclusive Growth and Social Empowerment: India's Economic Policies Rooted in Inclusive Growth and Social Empowerment
2 months, 2 weeks ago

Inclusive Growth and Social Empowerment: India's Economic Policies Rooted in Inclusive Growth and Social Empowerment

ABP News  

India's economic policies are rooted in inclusive growth and social empowerment. The government has implemented various initiatives such as the PM Ujjwala Yojana, Swachh Bharat Mission, and the Jan Dhan-Aadhaar-Mobile trinity to improve access to essential services, reduce financial exclusion, and minimize leakage through targeted DBTs.

India's Economic Potential Soars as Global Landscape Shifts
Trending News
2 months, 2 weeks ago

India's Economic Potential Soars as Global Landscape Shifts

The Hindu  

India is well positioned to capitalize on new growth opportunities due to its robust macroeconomic fundamentals and strategic shift towards strategic economic partnerships. The country's focus on domestic capacity building and resilience against external shocks will be key to its success. Ms. Sitharaman emphasized India's potential to become a key partner for many countries seeking to diversify their sources of …

India poised to capitalize on new growth opportunities as global economic landscape shifts
2 months, 2 weeks ago

India poised to capitalize on new growth opportunities as global economic landscape shifts

New Indian Express  

Finance Minister Nirmala Sitharaman highlights India's potential to capitalize on new growth opportunities amidst a challenging global economic environment. She emphasizes the country's focus on boosting domestic capacities and building resilience against external shocks. The shift towards a more fragmented global economy could work to India's advantage, as the country seeks to become a key partner for many countries seeking …

India's Growth Outlook: A Beacon of Stability Despite Temporary Slowdown
2 months, 2 weeks ago

India's Growth Outlook: A Beacon of Stability Despite Temporary Slowdown

Deccan Chronicle  

India's growth outlook remains steady despite a temporary slowdown in momentum in the second quarter of 2024-25. The country's aggregate demand is expected to shrug off the slowdown due to the pick-up in festival demand and consumer confidence. Domestic manufacturing and services PMI have shown signs of improvement, while rural demand is expected to get a boost from the improved …

India to Drive 20% of Global Economic Growth in Next Decade: G20 Sherpa Amitabh Kant
3 months, 3 weeks ago

India to Drive 20% of Global Economic Growth in Next Decade: G20 Sherpa Amitabh Kant

News 18  

India will be driving 20 per cent of the world’s economic growth in the next decade as it continues its march to become the third largest economy globally, according to G20 Sherpa Amitabh Kant. The country will be driving 20 per cent of the world’s economic growth in the next decade, he added. “If India is to grow at 9-10 …

Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das at FIBAC 2024
4 months ago

Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das at FIBAC 2024

The Hindu  

Reserve Bank Governor Shaktikanta Das on Thursday said the fundamental drivers of the Indian economy are gaining momentum and the country is moving on a sustainable growth path. "Our nation's journey towards becoming an advanced economy is drawing strength from a unique blend of factors, and these factors would include a young and a dynamic population, a resilient and diverse …

Review of Krishnamurthy Subramanian’s India@100 — Envisioning Tomorrow’s Economic Powerhouse: Dreams, with a catch
4 months, 1 week ago

Review of Krishnamurthy Subramanian’s India@100 — Envisioning Tomorrow’s Economic Powerhouse: Dreams, with a catch

The Hindu  

Goldman Sachs expects India’s economy to grow to $50 trillion by 2075, that is, in a little over 50 years from now. But former chief economic adviser to the Narendra Modi government, Krishnamurthy Subramanian, in a new book, India@100: Envisioning Tomorrow’s Economic Powerhouse, believes that India has the potential to do far better and that it could possibly become even …

India Economic Momentum Remains Intact, Set to Achieve 6.5-7% Growth: Finance Ministry Report
4 months, 2 weeks ago

India Economic Momentum Remains Intact, Set to Achieve 6.5-7% Growth: Finance Ministry Report

News 18  

India’s economic momentum remains intact despite a somewhat erratic monsoon, and real GDP growth of 6.5-7 per cent projected in the Economic Survey seems appropriate, a finance ministry report said on Thursday. Goods and Services Tax collections in the first four months of FY25 underwent a level shift pushed up by the widening of the tax base and heightened economic …

India to clock GDP growth of 7% in FY25: NITI Aayog member Arvind Virmani
5 months, 4 weeks ago

India to clock GDP growth of 7% in FY25: NITI Aayog member Arvind Virmani

The Hindu  

“The Indian economy will grow around 7% in the current fiscal year and is on track to maintain a similar growth rate for several years,” NITI Aayog member Arvind Virmani said on July 12. Responding to a question on the decline in private consumption expenditures in the last fiscal year, Mr. Virmani said it is actually recovering now. Mr. Virmani …

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025
6 months, 2 weeks ago

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025

Times of India  

NEW DELHI: The International Monetary Fund has forecast that India's GDP is likely to grow to moderate from 8.2% in 2023 to 7% in 2024 and 6.5% in 2025. "In India, the outlook is for GDP growth to moderate from 8.2% in 2023 to 7% in 2024 and 6.5% in 2025, because pent-up demand accumulated during the pandemic has been …

India's economy grows 7.8 per cent in March quarter, annual growth rate hits 8.2 per cent
7 months, 1 week ago

India's economy grows 7.8 per cent in March quarter, annual growth rate hits 8.2 per cent

India TV News  

India's Gross Domestic Product demonstrated robust growth in the January–March 2024 quarter, exceeding analysts' expectations, as per the latest official data released on Friday, May 31. For the full financial year 2023–24, India's GDP growth rate stood at an impressive 8.2 percent, up from 7 percent in FY23, according to an official statement. Analysts had anticipated slower GDP growth for …

Dear new govt, do get real
7 months, 1 week ago

Dear new govt, do get real

Times of India  

Message to incoming GOI: in the fastest growing large economy, over 80% of those out-of-work are young. It’s imperative, therefore, for the incoming govt to leave campaign rhetoric behind and apply itself to the task of accelerating growth, for all. Here’s a summary of the good, the bad and the ugly of the India growth story that should inform the …

Resilient economy, price stability to support India's promising growth story: FinMin report
8 months, 2 weeks ago

Resilient economy, price stability to support India's promising growth story: FinMin report

The Hindu  

Resilient growth, price stability and steady external sector outlook continue to support India's promising economic performance amid uncertain global conditions, a Finance Ministry report said on Thursday. The report said the global economic growth landscape is seeing a gradual resurgence, marked by fading fears of recession and rebounding growth in major economies. Talking about global economic growth recovery, the report …

World Bank projects Indian economy to grow at 7.5% in 2024
9 months ago

World Bank projects Indian economy to grow at 7.5% in 2024

Hindustan Times  

The Indian economy is projected to grow at 7.5 per cent in 2024, the World Bank has said, revising its earlier projections for the same period by 1.2 per cent. Overall, growth in South Asia is expected to be strong at 6.0 per cent in 2024, driven mainly by robust growth in India. Overall, growth in South Asia is expected …

Indian economy to grow at 7.5 per cent in 2024, projects World Bank
9 months ago

Indian economy to grow at 7.5 per cent in 2024, projects World Bank

India TV News  

The Indian economy will grow at 7.5 per cent in 2024, according to latest estimates by the World Bank. It 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. The increase in the projected growth rate for …

On-target growth: 8% plus in 2023-24?
9 months, 1 week ago

On-target growth: 8% plus in 2023-24?

Live Mint  

Finance minister Nirmala Sitharaman has hinted that India’s economy will see gross domestic product expand 8% or more in the three months ended 31 March. “Hopefully, the fourth quarter… will also have 8% or above 8%, resulting in 2023-24 having an average growth in GDP of 8% or over 8%," she said at a Mint summit on Saturday. Further, for …

Moody's raises India's 2024 growth forecast to 6.8%
10 months ago

Moody's raises India's 2024 growth forecast to 6.8%

The Hindu  

Global rating agency Moody's on March 4 raised India's growth forecast for 2024 calendar year to 6.8%, from 6.1% estimated earlier, on the back of 'stronger-than-expected' economic data of 2023 and fading global economic headwinds. “Capital spending by the government and strong manufacturing activity have meaningfully contributed to the robust growth outcomes in 2023,” Moody’s Investors Service said. India is …

In A World Starved Of Growth, India Is An Outlier, Will Become Third-Largest Economy In 5 Years: Amitabh Kant
10 months ago

In A World Starved Of Growth, India Is An Outlier, Will Become Third-Largest Economy In 5 Years: Amitabh Kant

ABP News  

India is set to become the third-largest economy and stock market in the world in the next five years, G20 Sherpa and former NITI Aayog chairman Amitabh Kant said at the India Dialog conference, organised by the Stanford University US-Asia Technology Management Center, in partnership with the Institute for Competitiveness. Sharing his inputs on the country’s growth, Kant stated: “In …

Economic survey: What’s helping Delhi economy revive after the pandemic?
10 months, 1 week ago

Economic survey: What’s helping Delhi economy revive after the pandemic?

Hindustan Times  

The advance estimates of Gross Domestic Product for 2023-24 released with Delhi’s 2023-24 Economic Survey on March 1 show one promising trend. The secondary sector – this comprises manufacturing, electricity, gas, water supply and other utility services, and construction sub-sectors – has contributed ₹ 15.02 lakh crore or 22% to the growth in Delhi’s GVA since 2019-20. The secondary sector …

Vignettes of a Janus-faced economy
10 months, 1 week ago

Vignettes of a Janus-faced economy

The Hindu  

Riddled with contradictions, the Indian economy neither offers conclusive evidence of a stellar performance nor of a collapse. ‘Shining India’ Apart from GDP growth, a number of high frequency indicators are used to buttress the argument of the economy moving to a higher growth trajectory. Passenger car sales, domestic air passenger traffic, increase in demat accounts, UPI transactions and the …

Corporate India Revenues Grow Over 3% In Dec Quarter
10 months, 1 week ago

Corporate India Revenues Grow Over 3% In Dec Quarter

Deccan Chronicle  

Chennai: Indian companies reported 3.7 per cent growth in aggregate revenues along with margin expansion in the December quarter. However, this softening of input costs along with operating leverage benefits helped the companies witness an expansion of operating profit margin by 171 bps to 17.2 per cent. Nevertheless, input costs remain elevated over historic levels, and as a result, India …

Interim Budget: Plans Afoot on Making India Developed Nation by 2047
11 months, 1 week ago

Interim Budget: Plans Afoot on Making India Developed Nation by 2047

Deccan Chronicle  

New Delhi: As India has been witnessing robust economic growth, the interim budget of 2024 has set a vision to make India a developed nation by 2047 with several measures, including containing fiscal deficit to manageable levels, momentum to nari shakti, welfare of farmers, empowering youth and poor, boosting agriculture & food, solar & electric vehicles, resilient performance of Indian …

Vantage | What India must do to be a $7 trillion economy by 2030
11 months, 1 week ago

Vantage | What India must do to be a $7 trillion economy by 2030

Firstpost  

As the Indian government gears up to present the annual budget in what is considered the last one ahead of the general election, the focus is on maintaining stability with an interim budget. In the next three years, India aims to secure its position as the world’s third-largest economy, targeting a GDP of $5 trillion dollars. Projections for India’s growth …

Budget 2024: Can India become a $7 trillion economy by 2030?
11 months, 1 week ago

Budget 2024: Can India become a $7 trillion economy by 2030?

India Today  

A recent review report released by the government has estimated India's potential economic trajectory, aiming to hit the $7 trillion mark by 2030, ahead of the upcoming Interim Budget 2024-25. "India's unwavering commitment to ensuring steady economic growth is generating resources for investment needed for climate change adaptation, building resilience, and mitigating emissions,' the Finance Ministry report said. The report …

Riding high on the growth momentum
11 months, 4 weeks ago

Riding high on the growth momentum

Hindustan Times  

The Indian economy’s growth continues to surprise: The recently released advance estimate of Gross Domestic Product by the National Statistical Office showed that the economy will grow 7.3% in the current fiscal year 2023-24, slightly higher than last year’s 7.2% increase. India’s growth rate has kept a 7% handle for the last two years, but the world’s GDP growth has …

Focus on India's Strengths for Faster Growth: Rajan
1 year ago

Focus on India's Strengths for Faster Growth: Rajan

Deccan Chronicle  

In 2005, Dr Raghuram Rajan, then with the International Monetary Fund, drew disapproving looks from an audience of economists and bankers in Jackson Hole, Wyoming, in the US, when he said the roll-out of complicated instruments, such as credit-default swaps and mortgage-backed securities, made the global financial system a riskier place. Dr Rajan, Katherine Dusak Miller Distinguished Service Professor of …

India makes it to $4 trillion economy club
1 year, 1 month ago

India makes it to $4 trillion economy club

Deccan Chronicle  

New Delhi: Achieving a historic milestone, India's economy on Sunday crossed the $4 trillion mark in its gross domestic product in nominal terms for the first time ever, several media reports said, citing a purported screenshot of a live GDP tracker of all economies based on the IMF data. After the report surfaced in the media circle, BJP leaders, ministers …

India’s share of global growth to rise to 18% in 5 years: IMF official
1 year, 2 months ago

India’s share of global growth to rise to 18% in 5 years: IMF official

The Hindu  

India’s contribution to global economic growth will rise by 2 percentage points in 5 years as the Indian economy is projected to grow faster in the coming years, a senior International Monetary Fund official said on Thursday. “Currently China and India’s contribution to global growth is 50%,” said Krishna Srinivasan, Director, IMF Asia & Pacific Department. Observing that the Asia …

Sprinting when world is limping
1 year, 2 months ago

Sprinting when world is limping

Hindustan Times  

With a 6.3% growth in 2023-24 and 2024-25, India will continue to be the fastest growing major economy in the world, the International Monetary Fund said in its World Economic Outlook on October 10. Unless the situation in West Asia really flares up after Hamas’s attack on Israel and energy prices increase significantly, inflation is unlikely to be a major …

DC Edit | Will festivals, elections lead to India's dream growth run?
1 year, 4 months ago

DC Edit | Will festivals, elections lead to India's dream growth run?

Deccan Chronicle  

Once in every generation – which is roughly 30 or 40 years – the world finds itself on the cusp of a major change – spreading across domains of technology, geopolitics, as well as economics. In the last eight months, foreign investors pumped in $16.5 billion in the Indian stock markets – the largest such investment in Asian equities. In …

'India's Growth Is Good For The World’: PM Modi Exclusive
1 year, 4 months ago

'India's Growth Is Good For The World’: PM Modi Exclusive

News 18  

As India gears up for the G20 Summit, Prime Minister Narendra Modi, in an exclusive interview with moneycontrol.com, lists out the country’s roadmap, discusses the issue with financially irresponsible policies and steps to tackle inflation. This was an India that had a lot to contribute to every relationship and naturally, our global footprint increased across regions and even countries that …

’Indian equities to benefit from macro backdrop, Nifty EPS to grow 18% in FY24’
1 year, 4 months ago

’Indian equities to benefit from macro backdrop, Nifty EPS to grow 18% in FY24’

Live Mint  

India’s financial market assets including equities, private markets, bond yields, are expected to benefit structurally from a favourable macroeconomic backdrop over the next few years. According to a report by Standard Chartered, India’s corporate profit cycle remains the strongest since the 2004-08 cycle as the benchmark Nifty index EPS grew at an average 20 per cent between FY21 and FY23 …

The issue is not about India’s GDP, but its JDP
1 year, 4 months ago

The issue is not about India’s GDP, but its JDP

The Hindu  

Participating in the debate on the motion of no-confidence in Parliament last week, Union Finance Minister Nirmala Sitharaman waxed eloquent about India’s Gross Domestic Product growing in double digits, the Indian economy being the world’s fastest, and also highlighted glowing reports by foreign institutions such as the International Monetary Fund and Morgan Stanley. Economist-politician Subramanian Swamy too has weighed in …

India's macroeconomic management 'stellar'; paves way for sustained recovery: Finance Ministry report
1 year, 6 months ago

India's macroeconomic management 'stellar'; paves way for sustained recovery: Finance Ministry report

The Hindu  

“Stellar macroeconomic management in the midst of unprecedented global challenges has put India on a quicker recovery path than has been the case in other nations,” the Finance Ministry said in a report on July 6. If we are patient, the rising tide will lift all boats as it has begun to.” The report said that despite unprecedented global challenges …

Growth in India is expected to slow to 6.3% in FY2023: World Bank
1 year, 7 months ago

Growth in India is expected to slow to 6.3% in FY2023: World Bank

The Hindu  

Growth in India is expected to slow to 6.3 % in FY 2023/24, a 0.3 percentage point downward revision from January, the World Bank said Tuesday but noted there is an unexpected resilience in private consumption and investment and robust growth in the services. “Growth in India is expected to slow further to 6.3 % in FY 2023/24, a 0.3 …

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