GDP
World Bank Increases China's GDP Growth Forecast for 2024 and 2025
This year, China's economy suffered due to a property crisis and weak domestic demand with the potential hike of the U.S. tariff mounting pressure on growth.
Crisil Projects India's GDP Growth to Reach 6.5-7% in FY25
Private consumption growth in the country has fared better than last year in the first half of the current fiscal (FY25).
India Records 5.4% GDP Growth in Q2, Retains Status as Fastest Growing Economy
Although the GDP growth has slowed during the second quarter, India still remains the fastest growing major economy in the world as China recorded a 4.6 per cent growth during the July-September quarter.
India Named Fastest-Growing G20 Economy, GDP Growth Projected at 7% for 2024
"India tops the G20 in 2024 with an excellent 7 percent GDP growth rate! This achievement flaunts the robust nature of India's economy and its fast-growing growth amidst world challenges, a MyGov post on X said after the list was released during the on-going G20 summit in Brazil.
RBI Governor: Indian Economy Well-Equipped to Handle Global Shocks
Again, the external sector of the country is also not too weak and the current account deficit has remained within manageable limits as it presently stands at 1.1 percent of GDP.
India’s GDP to grow 6.5-7 pc through FY27 over infra, consumption push: Report
Private consumption and infrastructure spending will support robust economic growth in India, S&P Global Ratings said in its latest global bank outlook report.
Moody’s: India’s Economy Positioned for Strong Growth, Inflation Expected to Ease
The global ratings agency projects India's growth at 7.2 percent for the year 2024, 6.6 percent for 2025, and 6.5 percent for 2026.
India Set to Overtake Japan in GDP Ranking by 2025
The article appeared in the Japan Times, which drew its findings from interviews with a few Japanese economists, among them Marcel Thieliant head of Asia-Pacific for Capital Economics.
Deloitte Projects India's Annual GDP Growth to Range Between 7% and 7.2% in FY25
Dr. Rumki Majumdar, Deloitte India said that after a high-stakes elections period, India's economy is emerging with resilience as the dust settles. "Its gross domestic product grew 6.7 per cent year over year in the April-to-June quarter.".
IMF Projects India's GDP Growth to Slow to 7% in 2024 and 6.5% in 2025
The IMF said that the war against inflation has been won generally, although price pressures remain in place in some countries, with headline inflation rates now forecast to reach 3.5% by the end of 2025, having peaked at 9.4% year over year in the third quarter of 2022. This is below the average level of 3.6% between 2000 and 2019, it said.
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