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…

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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…

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During 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…

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FICCI-IBA Survey: Credit growth has improved, demonstrating solid demand conditions

FICCI-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…

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Decline of base effects could be the cause of the slowing Indian Economy: World Bank report

Decline 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.…

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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,…

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