Projections indicate equity investments may touch USD 10-11 billion by year-end, with increasing interest in tier-II and tier-III cities.
Delhi-NCR led with a 26 per cent share of total investments, followed by Mumbai and Bengaluru.
Brokerage and financial advisory services firm HDFC Securities expects India's GDP to grow at 6.4 per cent in 2024-25, with downside risks given a slowdown in urban demand and a lack of substantial revival in private capex.
Mumbai (Maharashtra) [India], December 19: Real-time payments boosted India's GDP by $50 billion in 2023, making it the world's largest market in terms of GDP growth, according to the Real-Time Payments: Economic Impact and Financial Inclusion report published by ACI Worldwide (NASDAQ: ACIW)
Congress leader and Lok Sabha Leader of Opposition, Rahul Gandhi, on Wednesday, slammed the government and alleged that prioritising crony businesses over fair play is weakening the economy, as shown in the various indicators.
BJP MP Dinesh Sharma has expressed his support for the 'One Nation, One Election' bill, citing its potential to boost India's GDP and reduce the financial burden of frequent elections on the government treasury.
Replying to the debate in Lok Sabha on the supplementary demands for grants for 2024-25, Sitharaman noted that capital expenditure is critical for sustaining economic growth and that it plays a key role in creating multiplier effects throughout the economy
While the post-pandemic period saw a sharp rebound and significant variations in GDP growth, these irregularities are now settling down, signalling a return to stability
The country is on track to achieve a USD 300-billion electronics industry and a USD 1-trillion digital economy by 2025-26, potentially contributing 18-23 per cent to the national GDP, according to a report by the Observer Research Foundation (ORF).
The fiscal deficit of the central government is projected to be 4.8 per cent of GDP for FY25, slightly below the budgeted estimate of 4.9 per cent, according to a report by Care Edge Ratings. The marginal improvement is attributed to healthy tax collections, despite certain shortfalls.
CareEdge Ratings expects the central government to continue on the path of fiscal consolidation and projects India's GDP growth to moderate but remain healthy at 6.5 per cent in the current financial year.
Market projections suggest gold may experience steady, albeit modest, growth in 2025. Key economic variables like global GDP, bond yields, and inflation indicate a stable environment, though risks remain.
The downward revision from the rating agency came soon after the Reserve Bank in its latest monetary policy cut growth forecast to 6.6 per cent from 7.2 per cent.