Credit growth in the Indian banking sector is expected to exceed nominal GDP growth in the current financial year 2024-25, growing at 13-15 per cent, according to SBI Capital Markets.
The institutional investment in the second quarter (Q2) of 2024 increased to USD 2.5 billion inflows compared to the steady start in the first quarter, Colliers India said.
The report highlighted that domestic investors have been the primary drivers of the recent bull run, as foreign investors have scaled back their involvement.
Mumbai (Maharashtra) [India], June 26: India is at the threshold of a major structural shift in its growth trajectory, moving towards 8 percent GDP growth in a sustained manner, said RBI Governor Shaktikanta Das. He was speaking at the 188th AGM of Bombay Chamber of Commerce & Industry.
India is at the threshold of a major structural shift in its growth trajectory, highlighted Shaktikanta Das, Reserve Bank of India Governor, on Tuesday during his address at the 188th AGM (Annual General Meeting) of Bombay Chamber of Commerce & Industry.
The S&P Global Market Intelligence has upwardly revised GDP forecasts for China in its latest report. But even with the revised forecast, China's GDP growth will be substantially lower than that of India.
Data for Q1 2024 indicated that Dubai sustained its role as a top international tourism hub. The emirate's hotel occupancy rates stood at 83 per cent, equal to the previous year's figures, while the average duration of stay per visitor was almost unchanged at 3.9 nights, yet there was a 2 pe
India's real estate sector has the debt financing opportunity of around Rs 14 lack crore in the next three years, highlights a report by real estate company JLL and Propstack.
Newly elected President of the Confederation of Indian Industry (CII) and Managing Director of ITC, Sanjiv Puri, stated that within a few years, India will undoubtedly be among the world's top three economies.
While retaining its position as the fastest-growing large economy, India's real gross domestic product (GDP) growth will moderate to 6.8 per cent in fiscal 2025 from 8.2 per cent in fiscal 2024, CRISIL observed in its recent report, citing high interest rates and lower fiscal impulse.
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 World Bank has upwardly revised India's GDP growth forecast for the current financial year 2024-25 by 20 basis points to 6.6 per cent from its earlier projection of 6.4 per cent made in January.