Economy
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India's Venture Capital Funding Soars 43% to $13.7 Billion in 2024
The report highlighted a significant rise in deal activity, with 1,270 transactions recorded—reflecting a 45% growth in deal volumes.
Indian Markets on Recovery Path, GDP Growth Set to Rebound: Goldman Sachs
India's economy saw a 6.4% year-over-year GDP growth during the fourth quarter of 2024, boosted by a pickup in private consumption. Goldman Sachs economists say the contraction in the country's GDP has probably hit bottom, with a slow turnaround expected in subsequent quarters.
India’s Digital Economy Expands 10x, Nears $1 Trillion Milestone
In the last year, India accounted for 31% of global IPO volume and raised $3 billion in total. The nation is projected to reach a $13 trillion market capitalization by 2030, driven by high investor confidence, as pointed out in the Redseer Strategy Consultants' report.
Resilient India to see 6.5 pc growth in fiscal 2026 despite challenges, Stated by Crisil
The projection is done on the basis of two assumptions: normal monsoon conditions and firm, moderate commodity prices.
India's High Net-Worth Population Set to Reach 93,753 by 2027: Report
In 2024, Indian HNWIs increased by 6% year-on-year from 80,686 in 2023 to 85,698. India now represents 3.7% of the global wealthy population and is fourth in the world after the United States (905,413 HNWIs), China (471,634 HNWIs), and Japan (122,119 HNWIs).
India's services sector recorded robust growth in Feb: HSBC
This growth momentum also led to a significant increase in employment, with the creation of jobs at one of the highest levels since December 2005 when data collection commenced.
India’s Strong Growth Opens Door for Reforms to Attain Advanced Economy Status by 2047: IMF
A report issued following the IMF's annual consultations with India applauded the government's macroeconomic policies and reforms, which have helped the nation's resilience and its status as the fastest-growing major economy.
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