Search For "gdp"
Fitch raises India growth outlook for 2023-24 to 6.3 pc on firm macro indi
Updated : 2 years, 9 months ago IST
Fitch Ratings has raised India's growth forecast for 2023-24 to 6.3 per cent from its earlier estimate of 6.0 per cent in March -- making the country one of the fastest-growing major economies in the world.
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"Groundwork being laid under PM Modi's leadership for India to become deve
Updated : 2 years, 9 months ago IST
Union Defence Minister Rajnath Singh on Tuesday said that India is witnessing economic, social, cultural and political empowerment under Prime Minister Narendra Modi's leadership, with groundwork being laid for the country to become a developed nation by 2047.
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Indian stock indices continue to remain firm; near all-time high
Updated : 2 years, 9 months ago IST
Indian stock indices traded marginally higher Monday morning as various positive fundamentals including a firm GDP outlook, moderate inflation and strong purchases by foreign investors, prompted investors to place bets in the markets.
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US is courting India for its growing economic clout: Report
Updated : 2 years, 9 months ago IST
According to the publication, India's foreign policy has become more assertive and more hostile to China. The US is also seeing that the Indian diaspora is the world's biggest, and remarkably influential which would be helpful for them. But what is the more alluring asset that India have
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SBI Capital Markets pegs India's 2023 real GDP growth at 6 pc
Updated : 2 years, 9 months ago IST
SBI Capital Markets expects India's real GDP growth for the current financial year 2023-24 to be 6 per cent, and noted that risks are evenly balanced.
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Indian GDP growth reaches 7.2 per cent, indicates impact of banking clean-
Updated : 2 years, 9 months ago IST
New Delhi [India], June 14: The stability of economies across the world saw wide-ranging volatility throughout the previous decade of the 2010s. Branching off from the above turbulent times, the banking sector in India had found itself in precarious times since the mid-2010s which sparked an
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Pakistan's foreign direct investment declines to USD 17 billion in current
Updated : 2 years, 9 months ago IST
Meanwhile, the ratio of investment to GDP was 13:6. The percentage remained the lowest among the regional countries.
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India launches ONDC initiative to empower small and medium businesses
Updated : 2 years, 9 months ago IST
New Delhi [India], June 13: The true marker of a nation on the right trajectory used to be only a combination of trade statistics, agricultural output, job creation, etc., While these criteria points are still relevant today, the emergence of the digital revolution has taken a higher prio
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RBI's decision to maintain repo rate welcomed, Impact on affordable housin
Updated : 2 years, 9 months ago IST
Delhi NCR [India], June 10: The recent decision by the Reserve Bank of India (RBI) not to hike the repo rate unchanged has been met with appreciation. While the current rate of 6.5 per cent is at its highest in four years and impacts affordable housing, the momentum gained by the realty sect
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India's FY23 GDP growth likely to be over 7.2 pc when final numbers come i
Updated : 2 years, 9 months ago IST
Chief Economic Advisor Dr V Anantha Nageswaran on Saturday lauded the estimated 7.2 per cent real GDP growth in 2022-23 and expressed confidence that when the final numbers for the fiscal are frozen in early 2026, the growth will be higher
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China's actions exacerbating Pakistan's debt issue
Updated : 2 years, 9 months ago IST
By December 2022, Pakistan's external debt had reached USD 126 billion; accounting for 35 per cent of its GDP. The problem is an outcome of legacy issues plaguing the Pak economy including dwindling foreign exchange reserves, high inflation, a lack of foreign investments and balance of payme
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CEA Anantha Nageswaran sees India's GDP growing at 6.5-7 pc in 2023-24
Updated : 2 years, 9 months ago IST
The Indian economy is expected to grow in a range of 6.5-7 per cent in the current financial year 2023-24 per cent, said Chief Economic Advisor Anantha Nageswaran.
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