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 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
According to Prime Minister Narendra Modi’s goal of having a developed country by 2047, India must expand at an annual rate of 8 to 9…
View More Deloitte: India must grow at a rate of 8–9% annually to become a developed nation by 2047
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 months
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