The report says productivity driven growth will contribute to a favourable outlook for India. With inflation projected at 4.5 per cent in the next fiscal and current account deficit forecasted to remain below 1.5 per cent of GDP during the same period.
Krishnamurthy V Subramaniam, the Executive Director of the International Monetary Fund (IMF), predicted that India will have 8 per cent growth in the fourth quarter and called it "good" growth considering the current global economic situation.
The International Monetary Fund (IMF) in its latest outlook raised India's growth projections for 2024 from 6.5 per cent to 6.8 per cent, with the country maintaining the fastest-growing status in emerging markets and developing economies.
After a Lancet report that asserted that the Indian government spends just 1.2 per cent of GDP on healthcare and noted that it was among the lowest among G20 countries, sources in the government said that spending is at an all-time high and out-of-pocket expenditure as a per cent of the t
This growth trajectory is anticipated to bolster India's economic output, with the real estate sector poised to contribute 10.5 per cent to the nation's GDP by the same year.
Following a series of relatively strong growth numbers in the first three quarters of financial year 2023-24, Moody's has revised India's real GDP growth projection to 8 per cent for the full year.
The Asian Development Bank (ADB) has upgraded India's gross domestic product (GDP) growth forecast for financial year 2024 from 6.7 per cent to 7 per cent and 7.2 per cent in financial year 2025.
Property tycoon, Truong My Lan was sentenced to death by a court in Vietnam on Thursday over her role in a USD 12.5 billion financial fraud case, the country's largest on record.
Angelos Delivorias, an expert from the European Parliament asserted that India increased its diplomatic importance in emerging dynamics of Indo-Pacific, attributing it not only to India's strategic evolution over the past decade but also to broader global dynamics and its amplified role in t
Pointing out the sustained growth of the Indian economy over the past decade, European Parliament think tank expert, Angelos Delivorias said that India's GDP growth exceeding that of China reflects New Delhi's emergence as a formidable economic powerhouse in the global arena.