The Goldman paper claims that a robust economy, steady monetary policy, and rapid credit expansion have all contributed to the rise in the purchasing power…
View More Goldman Sachs forecasts 100 million affluent individuals in India by 2027future of indian economy
IMF Predicted general government debt is projected to exceed 100% of India’s GDP in the near future
The International Monetary Fund (IMF) has expressed concern over India’s long-term debt sustainability. According to Business Standard, it warned that general government debt is projected…
View More IMF Predicted general government debt is projected to exceed 100% of India’s GDP in the near futureDuring this festive season, retail markets in India have witnessed a record trade of Rs 3.75 lakh crore
According to the traders’ association CAIT, retail markets in India have already seen record trade of Rs 3.75 lakh crore in this festive season. According…
View More During this festive season, retail markets in India have witnessed a record trade of Rs 3.75 lakh croreFICCI-IBA Survey: Credit growth has improved, demonstrating solid demand conditions
In the fiscal year that ended in March 2023 and the first quarter of the current fiscal year, respectively, India’s economy grew by 7.2% and…
View More FICCI-IBA Survey: Credit growth has improved, demonstrating solid demand conditionsDecline of base effects could be the cause of the slowing Indian Economy: World Bank report
Even though it will be slower than the 7.2 percent recorded in the previous fiscal year, growth is predicted to remain high at 6.3 percent.…
View More Decline of base effects could be the cause of the slowing Indian Economy: World Bank reportUnion Minister Anurag Thakur spoke on the challenges that might hinder India from being a $5 trillion economy
Anurag Thakur, a Union Minister, discussed the difficulties that could prevent India from developing into a $5 trillion economy. The minister cited terrorism, organised crime,…
View More Union Minister Anurag Thakur spoke on the challenges that might hinder India from being a $5 trillion economyS&P Global Market Intelligence boosted India’s growth forecast for FY24 to 6.6%
According to a report by The Economic Times, S&P Global Market Intelligence boosted India’s growth forecast for FY24 to 6.6% on the basis of the…
View More S&P Global Market Intelligence boosted India’s growth forecast for FY24 to 6.6%India’s manufacturing growth surged at the quickest pace in three months
A private survey, which also revealed that job creation was at a four-month low, indicated that India’s manufacturing growth surged at the quickest pace in…
View More India’s manufacturing growth surged at the quickest pace in three monthsThe IMF raised its FY24 India economic growth forecast by 20 basis points to 6.1 percent on Tuesday
Due to the country’s stronger-than-expected growth momentum in the March quarter of FY23, the International Monetary Fund (IMF) on Tuesday increased its economic growth prediction…
View More The IMF raised its FY24 India economic growth forecast by 20 basis points to 6.1 percent on Tuesday