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India growth News

10 Dec 2024

S&P Global Ratings Projects 6.8% Growth For Indian Economy In FY25

S&P Global Ratings on Tuesday projected 6.8 per cent growth for the Indian economy in FY25, followed by 6.9 per cent growth in FY26, on the back of strong urban consumption, steady service sector growth, and ongoing investment in infrastructure.

India economic activity

21 Nov 2024

India’s Economic Activity Growth Reaches 8-Month High In October: Report

This is the highest sequential growth in any month since March 2023 (+10.5 per cent).

18 Nov 2024

India rated fastest growing G20 economy with GDP growth projected at 7%

Russia has been ranked fourth on the list with a projected GDP growth rate of 3.6 per cent, followed by summit host, Brazil (3 per cent) in the 5th spot.

15 Nov 2024

India’s Total Exports Likely To Surpass $800 Billion In Coming Months

India’s exports accelerated to over $73 billion in October from more than 61 billion in the same month last year, registering above 19 per cent growth.

01 Jul 2024

India's Manufacturing Sector Growth Ticks Higher In June

The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) increased from 57.5 in May to 58.3 in June, indicating a sharper improvement in business conditions.

18 Jun 2024

Fitch Raises India's GDP Growth Forecast For FY25 To 7.2%

The rating agency said in its report that recovery in consumer spending and increasing investment trends are the main factors for this update.

08 May 2024

High Possibility Of 8% GDP Growth For India In 2023-24: CEA Nageswaran

Speaking at an event here, the CEA said that he expected a 7 per cent GDP growth rate for 2024-25 and it was important to maintain it.

Services sector growth

06 May 2024

India's Service Activity Growth In April Among Fastest In 14 Years: PMI

The seasonally adjusted HSBC India Services Business Activity Index fell from 61.2 in March to 60.8 in April, highlighting one of the strongest growth rates seen in just under 14 years.

06 May 2024

Indian Economy And Equity Markets Outperformed China Over Past 3 Years

China’s current equity market capitalisation is double that of India, at a time when it’s GDP is 5 times that of Indian GDP.

International Monetary Fund

18 Apr 2024

IMF Backs Modi Govt's Eco Policies; Expects India To Rev Up Global Growth

The IMF’s World Economic Outlook report, released on Tuesday, has not only raised India's growth forecast by 0.3 percentage points to 6.8 per cent for 2024-25 but also sees the country as a bright spot "supporting global growth over the medium term and spill over to other countries".

11 Apr 2024

ADB Raises India's GDP Growth Forecast For FY25 To 7%

The ADB's growth forecast for FY25 is in line with the projections made by the Reserve Bank of India (RBI).

03 Apr 2024

World Bank Raises India's GDP Growth Forecast To 7.5% For 2023-24

The World Bank has raised India's economic growth forecast by 1.2 per cent to 7.5 per cent for 2023-24, on the back of robust activity in services and industry in its latest update for South Asia.

26 Mar 2024

S&P Global Ups India’s Growth Forecast For 2024-25

In November, last year, S&P Global had projected India's growth to be 6.4 per cent in 2024-25 fiscal on robust domestic momentum.

28 Feb 2024

GDP To Grow 6.7-6.9% In Third Quarter Of FY24: SBI

The SBI report has said that Corporate India has continued its robust performance buoyed by incrementally accelerating consumption patterns across urban-rural landscape.

International Monetary Fund

02 Feb 2024

IMF Says Asia On Track To Again Deliver Two-Thirds To Global Growth In 2024

For 2023, IMF has estimated growth at 4.7 percent, compared to its 4.6 percent projection it had made in October.

23 Jan 2024

India could be $5 trillion economy by 2025: Hardeep Puri

At present, the Indian economy is estimated to be about USD 3.7 trillion.

30 Nov 2023

India's Q2 GDP data To Be Released Today; Economists See Growth Slowing

RBI Governor Shaktikanta Das had also said recently that the July-September growth rate could spring a positive surprise.

08 Jun 2023

RBI Retains FY24 GDP Growth Forecast At 6.5%

In April, the central bank had marginally revised upwards the 2023-24 GDP growth projection to 6.5 per cent, from its earlier forecast of 6.4 per cent.

9 Years Of PM Modi

29 May 2023

Nirmala Sitharaman Posts Impressive Report Card Of BJP's 9-Year Rule

Addressing the media as part of the BJP's all-India outreach to the masses, Sitharaman said that 80 crore people were given free foodgrain during the Covid-19 pandemic while 220 crore were administered Coronavirus vaccine doses nationwide.

26 May 2023

India Set To See Exponential Growth In Coming Years: WEF President

India, which currently holds the G20 presidency, is one of the fastest growing key economies in the world and WEF has had close collaborations with the country for the past many years.

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