Search For "gdp"
Auto, banks, defence, and aviation sectors to remain positive in NDA 3.0:
Updated : 1 year, 9 months ago IST
India's economy is on a positive trajectory with a focus on infrastructure development driving growth, highlights a report "India Strategy" by Prabhudas Lilladher, a stock broking company.
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CRISIL forecasts India's GDP growth at 6.8 pc in fiscal 2025
Updated : 1 year, 9 months ago IST
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.
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CII expects India's GDP at 8%; says Inflation to remain closer to RBI's 4%
Updated : 1 year, 9 months ago IST
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.
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World Bank raises GDP projection, says India to keep its fastest-growing e
Updated : 1 year, 9 months ago IST
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.
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Repo Rate Unchanged at 6.5 per cent: How Real Estate Developers Reacted
Updated : 1 year, 9 months ago IST
Delhi-NCR [India], June 10: For the eighth consecutive time, the RBI has decided to keep the repo rate unchanged at 6.5%. This decision, combined with optimistic GDP growth projections, massive infrastructural development, an increased pace of project launches, and robust demand, is expected
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Expect repo rate cut only in October RBI policy meeting: SBI Research
Updated : 1 year, 9 months ago IST
The report, authored by Soumya Kanti Ghosh, SBI's Group Chief Economic Adviser, expects first repo rate cut in October meeting. The repo rate is the rate of interest at which the RBI lends to other banks.
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Upward GDP projection and no change in interest rates welcomed by industry
Updated : 1 year, 9 months ago IST
Industry leaders and economists widely accepted RBI's monetary policy stand of no change in interest rates. Besides upward projection of GDP growth for FY25 from 7 per cent to 7.2 per cent is welcomed by the Industry.
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Sensex touches all-time high, Nifty up 2 per cent on announcement of PM Mo
Updated : 1 year, 9 months ago IST
Indian markets continued their upward trend and Sensex touched all-time high after the Reserve Bank of India (RBI) announced on Friday that it would keep policy rates unchanged at 6.5 percent and Narendra Modi will again take oath of Prime Minister of India.
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RBI revises GDP growth for FY25 to 7.2 pc, inflation target remains at 4.5
Updated : 1 year, 9 months ago IST
The RBI has revised the GDP forecast for the current FY 24-25 to 7.2 per cent from 7 per cent earlier, and the CPI inflation is projected at 4.5 per cent.
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RBI enhances contingent reserve buffer to 6.5 pc amid positive economic ou
Updated : 1 year, 9 months ago IST
Governor Das addressed by referencing the provisional estimates released by the National Statistical Office (NSO), which placed India's real gross domestic product (GDP) growth at an impressive 8.2 per cent for the fiscal year 2023-24.
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Rate cut might be contemplated in the second half of FY25: Care Edge
Updated : 1 year, 9 months ago IST
The Ministry of Statistics and Programme Implementation (MOSPI) estimates GDP growth at 8.2 per cent, driven by robust investment demand. Gross Fixed Capital Formation (GFCF) has surged by 9 per cent in FY24, highlighting the investment boom.
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Modi 3.0 will have policy continuity amid fiscal challenges: Moody's
Updated : 1 year, 9 months ago IST
However, the NDA's slim margin of victory and the BJP's loss of an outright majority in parliament may slow down more extensive economic and fiscal reforms, potentially impeding fiscal consolidation efforts.
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