Welcoming the revision of India's outlook in S&P Global Ratings from stable to positive, Union Minister Piyush Goyal said it is a rightful recognition of PM Modi's effective management of the economy.
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
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.
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.
The Asian Development Bank has once again affirmed its the support to India, stating it will continue to focus on "projects and programs that accelerate India's structural transformation."
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.
Pune (Maharashtra) [India], May 27: The third edition of Pune Machine Tool Expo (PMTX) and the first edition of the Factory Equipment Expo (FACTEQ), organized by the Indian Machine Tool Manufacturers' Association (IMTMA) was inaugurated, 25 May 2024.
Union Minister Hardeep Singh Puri lauded the government's efforts to strengthen the Indian economy in the past 10 years under the Prime Ministership of Narendra Modi.
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.
India's engineering exports declined 3.2 per cent to USD 8.67 billion in April 2024, primarily due to lower shipments of metals, especially iron, steel and copper
India spent USD 8 trillion in new investments over the past decade, over half of what the country has done since its independence, according to a report put out by DSP Asset Managers.