Economy

India’s GDP forecast to grow 6.7% in 2024, says Goldman Sachs

Goldman Sachs has increased its GDP growth forecast due to the substantial dividend from the Reserve Bank of India (RBI) and has also delayed its expectations for an interest rate cut by the central bank. 

Economy

UN hikes India’s 2024 growth forecast

The United Nations has upwardly revised its 2024 growth forecasts for India, saying the economy will now grow by almost 7% this year, “mainly driven by strong public investment and resilient private consumption.”

Economy

India set to become world’s 4th largest economy by 2025

India is forecast to overtake Japan as the world’s 4th largest economy by 2025, according to India's G20 Sherpa and former CEO of Niti Aayog, Amitabh Kant.

Economy

India’s GDP forecast to grow 6.7% in 2024, says Goldman Sachs

Goldman Sachs has increased its GDP growth forecast due to the substantial dividend from the Reserve Bank of India (RBI) and has also delayed its expectations for an interest rate cut by the central bank. 

Economy

UN hikes India’s 2024 growth forecast

The United Nations has upwardly revised its 2024 growth forecasts for India, saying the economy will now grow by almost 7% this year, “mainly driven by strong public investment and resilient private consumption.”

Economy

India set to become world’s 4th largest economy by 2025

India is forecast to overtake Japan as the world’s 4th largest economy by 2025, according to India's G20 Sherpa and former CEO of Niti Aayog, Amitabh Kant.

Economy

India predicts FY25 growth over 7%, says chief economic adviser

The Indian government’s chief economic adviser forecasts the country’s economy will grow by over 7% during the current fiscal year.

Economy

India's GDP to grow 6.6% in FY25, says Deloitte

India's GDP growth is forecast at 6.6% in the current fiscal year, according to Deloitte India on Friday, bolstered by consumption expenditure, a rebound in exports and capital flows.

Economy

India needs to cut rates to hit growth target, says MPC

India needs to reduce interest rates in order to help the economy hit its potential growth targets, yet members of the country's monetary policy committee (MPC) are split on the timing of such rate cuts.

Politics

PM Modi's election manifesto lacks structural economic reforms, says Citi

The prime minister of India Narendra Modi's Bharatiya Janata Party (BJP) omitted any mention of structural economic reforms, such as alterations to labour and land laws, in its manifesto leading up to the elections.

Economy

India to be $10 trillion economy by 2030, says minister

India's economy is forecast to hit $10 trillion by the end of the current decade, and towards $15 trillion by 2034.

Markets

RBI holds key repo rate steady

The Reserve Bank of India (RBI) held the key repo rate unchanged for the seventh consecutive policy meeting on Friday as economic growth is forecast to remain strong

Economy

Fitch hikes India’s growth forecast for FY25

Fitch Ratings has increased India’s growth forecast for the upcoming financial year to 7% from a previous estimate of 6.5% on strong domestic demand and ongoing growth in business and consumer confidence.

Economy

India's economy grows 8.4% in Q4, beating forecasts

India's economy grew at its fastest pace in one and a half years in Q4 2023, retaining its title as the fastest-growing major economy in the world.

Economy

India predicts FY25 growth over 7%, says chief economic adviser

The Indian government’s chief economic adviser forecasts the country’s economy will grow by over 7% during the current fiscal year.

Economy

India's GDP to grow 6.6% in FY25, says Deloitte

India's GDP growth is forecast at 6.6% in the current fiscal year, according to Deloitte India on Friday, bolstered by consumption expenditure, a rebound in exports and capital flows.

Economy

India needs to cut rates to hit growth target, says MPC

India needs to reduce interest rates in order to help the economy hit its potential growth targets, yet members of the country's monetary policy committee (MPC) are split on the timing of such rate cuts.

Politics

PM Modi's election manifesto lacks structural economic reforms, says Citi

The prime minister of India Narendra Modi's Bharatiya Janata Party (BJP) omitted any mention of structural economic reforms, such as alterations to labour and land laws, in its manifesto leading up to the elections.

Economy

India to be $10 trillion economy by 2030, says minister

India's economy is forecast to hit $10 trillion by the end of the current decade, and towards $15 trillion by 2034.

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