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
World Bank Cuts India's Growth Forecast To 6.3% In Fy24
Growth is likely to be constrained by slower consumption growth and challenging external conditions, the World Bank said in its India Development Update.
Apr 04, 2023, 16:15 PM IST
Moody's Ups India's Growth Projection For 2023 To 5.5% On Higher Capex Budget
In its February update to Global Macro Outlook 2023-24, Moody's raised the baseline 2023 real growth projections "meaningfully" for several G20 economies, including the US, Canada, the Euro area, India, Russia, Mexico, and Turkiye, accounting for a stronger end to 2022.
Mar 01, 2023, 14:08 PM IST
Economic Survey 2023: ‘India is Set to Emerge as a Global Superpower’ says Amit Shah
As per Economic Survey 2023, India is to witness Gross Domestic Product (GDP) growth of 6.0 percent to 6.8 percent in 2023-24.
Jan 31, 2023, 22:58 PM 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
We want to see India become an economy of over 30 trillion dollars by 2047: Piyush Goyal
Piyush Goyal was inaugurating stalls of the Union government schemes as part of the public outreach at the Madipakkam bus stand in Chennai.
Oct 17, 2022, 07:44 AM IST
Indian economy's growth momentum will be sustained in next budget: FM Nirmala Sitharaman
The IMF`s latest projection, released on Tuesday, India`s GDP growth is projected lower than the 7 per cent growth pegged by the Reserve Bank of India (RBI) for the financial year 2022-23. However, despite the slowdown, India would remain the fastest-growing major economy.
Oct 12, 2022, 08:15 AM IST
India set to become 3rd largest economy by 2029: SBI Report
Interestingly, India surpassed the UK as the 5th largest economy in December 2021. The path taken by India since 2014 reveals India is likely to get the tag of 3rd largest economy in 2029, a movement of 7 places upwards since 2014 when India was ranked 10th.
Sep 03, 2022, 19:34 PM IST
India to witness double digit growth in June quarter, Q1 GDP growth expected at 15.7%
Soumya Kanti Ghosh, the group chief economic adviser at State Bank of India, on Tuesday said he expects the GDP to clip past 15.7 per cent in the first quarter with more chances of the final numbers printing in higher, while Aditi Nayar, the chief economist at the rating agency Icra, said the economy will grow much lower at 13 per cent in the June quarter.
Aug 24, 2022, 08:33 AM IST
WPI inflation spikes to record 15.88% in May on costlier food items, crude oil
The WPI inflation has remained in double digit for the 14th consecutive month since April last year and has been in the upper trajectory for three straight months.
Jun 14, 2022, 13:19 PM IST
India's GDP grows 4.1% in January-March quarter; 8.7% in FY22
However, growth in the January-March period was slower than the 5.4 per cent expansion in the previous October-December quarter of 2021-22.
May 31, 2022, 17:52 PM IST
India Ratings cuts GDP growth forecast to 7 per cent for 2022-23
Ind-Ra said the 7.6 per cent growth projection announced in January 2022, is unlikely to hold due to the global geo-political situation arising out of the Russia-Ukraine conflict.
Mar 30, 2022, 16:24 PM IST
India at 8% growth can double economy in 7-8 years, says NITI VC
Niti Aayog Vice-Chairman Rajiv Kumar said the target of becoming a USD 5-trillion economy is not rhetoric.
Mar 26, 2022, 21:52 PM IST
Moody's cuts 2022 India growth estimate to 9.1% on lower capex
Moody's slashed India's growth estimate for the current year to 9.1 per cent, from 9.5 per cent earlier.
Mar 17, 2022, 18:25 PM IST
Indian economy likely to grow 9% next fiscal: Credit Suisse
Credit Suisse predicts the Indian economy to continue to show positive surprises and record up to 9 per cent growth in the next fiscal.
Dec 09, 2021, 19:23 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.
Real GDP expected to grow at 8-9% YoY in Q2FY22: Report
According to a report by Motilal Oswal Financial Services, India`s real GDP is expected to grow at 8-9 per cent year-on-year (YoY) in Q2FY22.
Nov 06, 2021, 18:20 PM IST
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
