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 2027
The GDP growth estimate for the current fiscal year has been revised by India Ratings and Research (Ind-Ra) to 6.7% from 6.2%. For the upgrade,…
View More India Ratings and Research (Ind-Ra) upgraded GDP Growth estimate to 6.7%
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 future
In a report published on Tuesday, S&P Global predicted that by 2030, India’s GDP would have increased from 6.4% in 2023 to 7% in 2026.…
View More S&P Report shown positive outlook for Indian Economy: Highlights of the report
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 crore
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 conditions
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 report
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 economy
On Wednesday, India Ratings and Research updated its previous forecast for real GDP growth in FY24 upward, increasing it from 5.9 to 6.2 percent. Read…
View More India ratings upgraded forecast for real GDP growth in FY24 upward from 5.9 to 6.2 %
India’s economic growth is expected to be 6 percent, according to global investment bank Goldman Sachs, which is less than the Reserve Bank of India’s…
View More India’s growth was expected to be about 6% by Goldman Sachs, lower than the RBI’s forecast of 6.5%