In the three-day deliberations of the Monetary Policy Committee of the Reserve Bank of India in early April, Governor Shaktikanta Das said the central bank has projected India's real GDP growth for 2023-24 at 6.5 per cent
What makes India more desirable is not just the size of its population but the size of its young population. Only 7 per cent of the nation is aged 65 or above, compared to China's 14 per cent and 18 per cent in the US. The International Monetary Fund forecasts that India's real GDP growth wi
During his speech on Thursday, the governor said that RBI projected GDP growth in FY24's first quarter (Q1) at 7.8 per cent; the second quarter (Q2) at 6.2 per cent; the third quarter (Q3) at 6.1 per cent; and the fourth quarter (Q4) at 5.9 per cent.
In a virtual briefing on the GDP numbers, CEA said, "We maintain as we have mentioned in the economic survey, the growth forecasts are 6.5 per cent for 2023-24. If you look at where we are, in terms of the advanced estimates, manufacturing on the face of it appears to have slowed down in rea
Mumbai (Maharashtra) [India], April 8 (ANI): While maintaining an accommodative stance, the Reserve Bank of India (RBI) on Friday cut the real Gross Domestic Product (GDP) growth projection for the current Financial Year 2022-23 to 7.2 per cent, against the earlier projection of 7.8 per c
Singapore, Sep 9 (ANI): Fitch Solutions has forecast Nepal's real GDP growth to strengthen to 5 per cent in FY22 (mid-July 2021to mid-July 2022) from the provisional estimate of 4 per cent in FY21.
Mumbai (Maharashtra) [India], September 6 (ANI): Motilal Oswal Financial Services on Monday projected a real gross value added (GVA) growth of 7 to 8 per cent year-on-year in the second quarter of current fiscal year versus 20.1 per cent growth in 1Q FY22.
Singapore, August 20 (ANI): Fitch Solutions on Friday revised up both 2020 estimate and 2021 forecast for Bhutan's real GDP growth to minus 1.8 per cent and 4 per cent from minus 2.4 per cent and 2.9 per cent previously.
Mumbai (Maharashtra) [India], August 6 (ANI): The Reserve Bank of India (RBI) on Friday retained real GDP growth at 9.5 per cent in 2021-22 as domestic economic activity is starting to recover with the ebbing of Covid-19's second wave.
Singapore, June 30 (ANI): Indian banks face systemic risk as the country sorts through the aftermath of Covid the second wave, S&P Global Ratings said on Wednesday.