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October 11, 2023
India is expected to become a USD 30-trillion economy by 2050 due to strong consumption and exports, according to HDFC Bank chairman Atanu Chakraborty. International financial institutions have projected Indias growth to be around 6.3% this year, with a nominal GDP of 10-12%.
October 11, 2023
International financial institutions have projected Indias growth to be around 6.3 per cent this year and inflation at about 6 per cent, so nominal GDP would be around 10-12 per cent, he said.
October 10, 2023
Growth in India is projected to remain strong, at 6.3 per cent in both 2023 and 2024, with an upward revision of 0.2 percentage point for 2023, reflecting stronger-than-expected consumption during April-June: World Economic Outlook
October 10, 2023
This is lower than the RBIs latest estimate of 6.5 per cent
October 10, 2023
IMF in July had estimated India's GDP forecast at 6.1 per cent for 2023-24. However, this is lower than the RBI's latest estimate of 6.5 per cent for the current financial year.
October 10, 2023
While India continues to outperform major economies, the commentary about the state of the global economy is rather sober. | Latest News India
October 6, 2023
The Reserve Bank of Indias Governor, Shaktikanta Das, stated that Indias economy remains resilient despite global trends. He mentioned that domestic economic activity is strong due to robust domestic demand. However, Das also warned of risks to Indias outlook, including geopolitical tensions, global economic slowdown, and uneven monsoon. The panel projected Indias real GDP growth for 2023-24 at 6.5% and emphasized the need to remain vigilant.
October 5, 2023
What percentage of growth is required by India to grow at this point in time? What does the country need to do the most in order to become a developed country? The World Bank report explains.
October 5, 2023
The Indian economy is projected to grow at 6.3 per cent in current financial year aided by investment and domestic demand. According to a World Bank report released on Tuesday, India continues to show resilience against the backdrop of a challenging global environment. In India, which accounts for the bulk of South Asia region, growth is expected to remain robust at 6.3 per cent in 2023-24, India Development Update of the World Bank said.
October 4, 2023
India will remain one of the fastest growing major economies even as its growth is expected to moderate to 6.3% in 2023-24 from 7.2% in 2022-23, the report said | Latest News India