Addressing a press conference here on Saturday, Vaishnaw projected consistent growth at 6-8 per cent in the coming years and credited Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman.
The IMF retained its growth rate projects for India in its latest World Economic Outlook (WEO) and expects India to grow at 7 per centi n the current fiscal year ending March 31, 2025 and 6.5 per cent in the next fiscal year (FY2025-26).
India can become the second largest economy by 2031 and the largest economy in the world by 2060, said Michael Debabrata Patra, Deputy Governor, Reserve Bank of India (RBI) during a program at the Lal Bahadur Shastri National Academy of Administration, Mussoorie.
The Confederation of Indian Industry (CII) anticipates that India's GDP will grow by 8 per cent in 2024 during an event in Delhi on Thursday focused on the country's Economic Growth Outlook.
The salaried class in Pakistan has been struggling to make ends meet as inflation is now the biggest issue faced by the general public, there is no choice but to compromise and sometimes cheat to ensure survival.
The Federal Reserve on Wednesday held the interest rates steady at a 22-year high for the third straight meeting, while the central bankers have predicted three possible rate cuts next year, The Hill reported on Wednesday.
According to the IMF report, this forecast, disclosed in the latest World Economic Outlook, reflects one of the lowest growth rates in decades. The global economy continues to grapple with multiple shocks and the rising cost of living.
Addressing a gathering in Delhi, Governor Das highlighted the complexity of the current economic landscape, stating, "There is a multiplicity of factors. The dollar index has become quite strong. The bond yields in the US have reached an all-time high, but, if you look at the volatility of t
Highlighting the hurdles that have become increasingly prevalent on the global economic horizon, Das said, "The global economy is now facing a tirade of challenges. First, slow moderation in inflation, which is getting interrupted by recurring and overlapping shocks. Second, slowing growt
Massive anti-government protests are being held in Muzaffarabad city of Pakistan-occupied Kashmir (PoK) to raise the issue of high inflation and corruption by the politicians.
Once seemingly "inexhaustible" engine which propelled China is now sputtering, posing alarming risks for Chinese households and economies around the planet. From a profit-enhancing version of globalization, China has devolved into the ultimate wild card in a moment of extraordinary uncertain