Chennai: The International Monetary Fund on Tuesday retained the growth of the Indian economy for the current fiscal at 7 per cent and for next year at 6.5 per cent. As projected in July, the IMF retained the growth forecast for FY25 at 7 per cent and FY26 at 6.5 per cent. Deloitte India too on Tuesday projected 7 -7.2 …
New Delhi: American credit rating agency S&P Global Ratings said on Tuesday that India will become the world’s third largest economy by 2030 as it forecast the country’s gross domestic product or GDP growth reaching 7 per cent in the 2026-27 fiscal year. “India is set to become the third-largest economy by 2030, and we expect it will be the …
International Monetary Fund chief Kristalina Georgieva on Wednesday lauded India's high growth rate, as projected in the latest World Economic Outlook, saying that it is positive news for the world. Even with the small downgrade, growth is projected for this year to be 8.2 per cent," said Georgieva, adding, "healthy for India, but also positive in a world where growth …
Highlights Assembly polls in 5 states UP, Punjab, Uttarakhand, Goa and Manipur will commence from Feb 10 Congress may emerge as single largest party in Punjab Neck-and-neck fight between BJP and Congress in Uttarakhand and Goa The Congress may emerge as the single largest party in Punjab but may stop short of majority in this key border state, while in …
Indian economy is recovering fast and will soon be back on rails as all the parameters have started showing improvement, Finance Secretary Tarun Bajaj said on Tuesday. Last month, the International Monetary Fund said the Indian economy, severely hit by the coronavirus pandemic, is projected to contract by a massive 10.3 per cent this year. The power consumption in the …
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