India GDP
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.
India Set to Outpace China and US in Economic Growth, USISPF Chairman John Chambers
Speaking at the Annual India Leadership Summit 2024, which USISPF had organized in New Delhi, Chambers complimented the speed at which India is moving forward under Prime Minister Narendra Modi's leadership.
Moody’s Raises India's GDP Growth Projection to 7.2% for 2024
The rating agency said household spending would increase as inflation approaches the target of the Reserve Bank of India. Better farming output because of above-average rainfall in the current monsoon season is driving early signs of pick-up in rural demand. "This projection is supported by solid, all-inclusive growth", said Moody's in a statement, adding that further upward revision to their forecast will be done if private consumption grows further.
IMF's Gita Gopinath Optimistic About India's Economic Growth Prospects
It is projected that by the end of the decade, India will have assumed its place as the fifth-largest economy in the world and be well on its path to taking a place in the top three global economic powers.
RBI Projects 7.2% GDP Growth Driven by Strong Urban and Rural Demand
Against this background, real GDP growth for 2024-25 is projected at 7.2 per cent, with quarterly growth rates of 7.1 per cent in Q1, 7.2 per cent in Q2, 7.3 per cent in Q3, and 7.2 per cent in Q4.
India Projected to Achieve 7.2% GDP Growth in 2024-25, Says Report
A host of steps proposed in the Union Budget for 2024-25 will lead to improved agricultural productivity, creation of job opportunities for the country's youth, and strong manufacturing, according to Deloitte's update on the economic outlook of India made in August. Supply-side demand will rise, inflationary pressures will be reduced at the same time, and consumer spending will be encouraged, especially in rural areas.
CII Projects Strong GDP Growth for India Beyond Economic Survey's FY25 Forecast
He further added that such optimism is due to the fact that it was a result of nimble macro-financial management supported by a slew of policies which focused on capital expenditure and kept a fine rein on inflation."
IMF Boosts India’s 2024-25 GDP Growth Projection to 7%
https://thenewsmen.co.in/business/indias-defense-exports-surge-30fold-in-the-past-decade/130617
India's GDP Growth Projected to Approach 7.5% in 2024-25: NCAER Report
The June monthly economic review highlights that the optimistic outlook is driven by strong economic activity in the first quarter, focused policy measures on investment and growth, macroeconomic stability, and the anticipation of a normal monsoon season.
India's External Debt Ratio Declines to 18.7% by March 2024
On a standalone basis, India's ex-debt was at $663.8 billion as of March 2024, higher by $39.7 billion than in March 2023. Significantly, with India's GDP growth surging in the meantime, it helps reduce India's debt-to-GDP ratio.
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