Search For "gdp"
PM Gati Shakti scheme is transforming India's infrastructure: Morgan Stanl
Updated : 1 year, 9 months ago IST
The report said, "We expect India's infrastructure investment to steadily increase from 5.3 per cent of GDP in F24 to 6.5 per cent of GDP by F29. Indeed, this implies that infrastructure investments are expected to register a strong 15.3 per cent CAGR, resulting in cumulative spending of USD
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"India is at the threshold of a major structural shift in its growth traje
Updated : 1 year, 9 months ago IST
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.
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India's current account turns surplus in Q4 2024, from deficit in Q3 2024:
Updated : 1 year, 9 months ago IST
This is a significant shift from the USD 8.7 billion deficit (1.0 per cent of GDP) reported in the third quarter, and a notable improvement compared to the USD 1.3 billion deficit (0.2 per cent of GDP) in the fourth quarter of the previous fiscal year.
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India moving towards 8 pc GDP growth, RBI confident of 7.2 pc growth in FY
Updated : 1 year, 9 months ago IST
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.
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From deficit to surplus, India's current account registers a surplus of US
Updated : 1 year, 9 months ago IST
India's current account balance registered a surplus of USD 5.7 billion, equivalent to 0.6 per cent of GDP, in the fourth quarter of the financial year 2023-24, highlighted data from RBI.
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S&P Global Market raised growth forecast of China, still significantly
Updated : 1 year, 9 months ago IST
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.
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India compares favourably to China in infrastructure scale relative to GDP
Updated : 1 year, 9 months ago IST
The report pointed out that historically, India's infrastructure competitiveness has been hindered by poor infrastructure. However, recent enhancements and government initiatives, such as 'Gati Shakti', show great promise for further progress.
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CBUAE projects UAE's real GDP growth to reach 6.2 per cent in 2025
Updated : 1 year, 9 months ago IST
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
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Mumbai, NCR and Bangalore account for 80 pc of debt financing for real est
Updated : 1 year, 9 months ago IST
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.
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Karnataka to become USD 1 trillion economy by 2032: Siddaramaiah aims to a
Updated : 1 year, 9 months ago IST
Karnataka Chief Minister Siddaramaiah announced on Wednesday that the Karnataka government aims to achieve an industrial growth rate of 15-16 per cent annually to reach a USD 1 trillion GDP by 2032.
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Global growth to moderate in 2025; US, China to decelerate to 1.5% and 4.5
Updated : 1 year, 9 months ago IST
Fitch projects a moderation in global growth for 2025 to 2.4 per cent as US economic expansion decelerates to a below-trend rate of 1.5 per cent, and China's growth slows further to 4.5 per cent due to declining exports and reduced government spending. Meanwhile, the eurozone is forecasted t
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India to become 3rd largest economy within next few years: CII President S
Updated : 1 year, 9 months ago IST
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.
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