Search For "gdp"
India set for first current account surplus in 10 quarters by 4QFY24: Ind-
Updated : 1 year, 9 months ago IST
Despite this positive quarter, the overall CAB for FY24 is expected to remain in deficit at 0.6 per cent of GDP, the lowest since FY17, excluding the pandemic-affected FY21.
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While India's GDP growth strong, private consumption remains muted: S&
Updated : 1 year, 9 months ago IST
S&P Global Market Intelligence asserts that weak private consumption in India remains the largest concern, with rural demand in particular still "straggling to catch up", at a time when the country's overall growth remains strong.
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Pakistan's debt burden and fiscal challenges: Report
Updated : 1 year, 9 months ago IST
The government has been grappling with an unsustainably high fiscal deficit, averaging 7.3 per cent of economic output over the past five years, leading to a staggering national debt of PKR 78.9 trillion.
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Growth momentum to continue in FY25, Agriculture growth likely to be bette
Updated : 1 year, 9 months ago IST
They said that with IMD predicting a good monsoon, the agriculture sector growth is expected to be better in the current financial year. The manufacturing sector is also expected to continue its growth momentum. Before 2020, companies had balance sheet issues and the growth was stagnant. Now
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"Manufacturing sector witnessed growth of 9.9 per cent in 2023-24", says F
Updated : 1 year, 9 months ago IST
In her post, Sitharaman highlighted, "It is worthwhile to note that the Manufacturing sector witnessed a significant growth of 9.9 per cent in 2023-24, highlighting the success of the Modi government's efforts for the sector. Many high-frequency indicators indicate that the Indian economy
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"This is just a trailer of things to come", says PM Modi on 8.2 pc GDP gro
Updated : 1 year, 9 months ago IST
In his post, PM Modi stated, "The Q4 GDP growth data for 2023-24 shows robust momentum in our economy which is poised to further accelerate. Thanks to the hardworking people of our country, 8.2% growth for the year 2023-24 exemplifies that India continues to be the fastest growing major econ
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India's GDP surpasses estimates, grows at 8.2 pc in FY24 and 7.8 pc in Q4
Updated : 1 year, 9 months ago IST
India's gross domestic product (GDP) surpassed all expectations and stood at 7.8 per cent in the January-March quarter. The full-year 2023-24 GDP has been revised upwards to 8.2 per cent from the second advance estimate of 7.6 per cent, according to data released on Friday by the Ministry
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Snapping five-day losses, Indian stocks in green but cautious ahead of pol
Updated : 1 year, 9 months ago IST
Indian stock indices opened on a firm note Friday, following five straight sessions of losses, primarily due to fresh accumulation of stocks by investors following the latest dip.
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RBI projects real GDP growth for 2024-25 at 7.0 per cent
Updated : 1 year, 9 months ago IST
Despite subdued global economic activity and multiple headwinds, the Indian economy expanded impressively, with real GDP growth accelerating to 7.6 per cent from 7.0 per cent in the previous year - the third successive year of 7 per cent or above growth, the RBI highlighted in its annual rep
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Government's thrust on capex, fiscal consolidation paint bright picture fo
Updated : 1 year, 9 months ago IST
he outlook for the Indian economy remains bright, backed by a sustained strengthening of various macroeconomic fundamentals, robust financial and corporate sectors, said Reserve Bank of India in its annual report published on Thursday.
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Growth in India set to get more broad-based, says Morgan Stanley; pegged 6
Updated : 1 year, 9 months ago IST
Growth in India, which already is strong and surging, may become more broad-based across both on the consumer and business spending side, indicated Morgan Stanley.
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S&P upgrades India's outlook to positive citing robust growth, governm
Updated : 1 year, 10 months ago IST
S&P Global Ratings on Wednesday revised its rating outlook on India to positive from stable, and added that it expects continuity in economic reforms and fiscal policies regardless of the Lok Sabha election outcome.
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