Goldman Sachs forecasts 100 million affluent individuals in India by 2027

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

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 future
Union Minister Anurag Thakur spoke on the challenges that might hinder India from being a $5 trillion economy

Union 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 economy
Between fiscal years 2023 and 2030, per capita income in India will rise from $2,450 to $4,000

Between fiscal years 2023 and 2030, per capita income in India will rise from $2,450 to $4,000: Report

Standard Chartered Bank predicted in a recent research report that India’s per capita income will increase by nearly 70 percent between fiscal 2023 and fiscal…

View More Between fiscal years 2023 and 2030, per capita income in India will rise from $2,450 to $4,000: Report
IMF Prediction on economic growth of India

The 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