More than estimated GDP numbers in India, sustained foreign buying, and the US House of Representatives has passed the US debt ceiling bill indicating that the debt impasse will be resolved and will put less pressure on its economy are some of the major reasons which supported the stocks
India's economy grew 6.1 per cent in the January-March (Q3) 2023, data released by the National Statistical Office (NSO) on Wednesday showed. The GDP growth of the country was 4.4 per cent in the October-December (Q3) 2022.
The road to women's empowerment in India is long and complex and while many challenges continue to persist, the country has also made progress in several areas to uplift and give its women a voice.
"According to the World Bank, the five-year average growth of the Modi government (2019-2024) will be 4.08 per cent Even the sequential annual growth rates after the Corona-affected year show a declining trend The only one boasting about the growth rate is the Government," Chidambaram tweete
The Indian economy grew 4.4 per cent in the October-December 2022 and is expected to grow by 7 per cent in the 2022-23 financial ending in March, data released by the National Statistical Office (NSO) on Tuesday showed.
The GDP projections for Q1, Q2, Q3, and Q4 2023-24 are estimated at 7.8 per cent, 6.2 per cent, 6.0 per cent, and 5.8 per cent, respectively, with risks, evenly balanced.
The World Bank's revision of Indian GDP growth projections from 6.4 per cent to 6.9 per cent in the current fiscal year is one among the many affirmations Indian policies and reforms have received in recent times.
Chidambaram also asked about infrastructure being built by China along the LAC on its side and said if buffer zones along LAC meant that Indian forces cannot patrol to the earlier points.
S&P Global Ratings on Monday cut India's economic growth forecast for the current fiscal year ending March to 7 per cent as against 7.3 per cent projected earlier.
Morgan Stanley expects India's retail inflation to moderate to 5.4 per cent in 2023-24 and to 4.8 per cent in 2024-25 from 6.6 per cent in the current financial year 2022-23.