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.
Four of the top five global destinations for land and development site investments in the first quarter of 2024 were in Asia Pacific, including India, according to a new report from Colliers.
Narendra Modi, elected leader of the National Democratic Alliance will take oath as India's prime minister for a record equalling third term on Sunday evening at 7:15 PM.
Motilal Oswal Financial Services says that the policy agenda of Modi 2.0 will continue in Modi 3.0. The coalition government or weakened majority of BJP is unlikely to slow down major reforms.
Fitch Ratings has maintained its assessment of India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook, despite the coalition government following the recent election results.
Maintaining consistency in attracting foreign investment inflows, India has received a total foreign direct investment (FDI) inflow of USD 70.9 billion in the financial year 2023-24.
The Indian economy closed the just-concluded financial year 2023-24 strongly with its growth surpassing market expectations, despite strong external headwinds, the monthly economic review of the Department of Economic Affairs under the Ministry of Finance said.
The digital revolution in India is another sector where the country has taken the lead, many countries have adopted India's UPI for financial transactions
As India braces for the outcome of the upcoming elections, the focus shifts towards the crucial reforms by the NDA government if it secures a third term.
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.
Krishnamurthy V Subramaniam, the Executive Director of the International Monetary Fund (IMF), said on Tuesday that India will continue to be a driver for global growth in the foreseeable future.