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India GDP: India must grow at 8-10% every year to reap demographic dividend: RBI bulletin

The Reserve Bank of India (RBI) has emphasized that the Indian economy needs to grow at a rate of 8-10 per cent per annum over the next decade to reap the demographic dividend. The RBI believes that India's favourable demographics will help it break the low middle income barrier and harness its young and rising labor force. The working-age population is expected to grow at a rate of 9.7 million in 2021-2031 and 4.2 million in 2031-2041 per year, making a focus on labour quality essential for the growth strategy.

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RBI economists cautious as inflation risks linger

They are flagging off risks from extreme weather conditions that would pose risks to inflation along with risks from the geopolitical tensions that could flare up crude prices. In their assessment of the economy, the RBI economists in its latest monthly bulletin also say that the economy has to grow 8-10 percent every year to reap the demographic dividend.

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RBI Sees India's GDP Growth Trend Surging Past 7% | Economy News

It also points out that the global growth momentum has been sustained in the first quarter of 2024 and the outlook for global trade is turning positive.

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Business News: What next for markets? Omicron puts India's comeback story back in uncertain territory

What next for markets? Omicron puts India's comeback story back in uncertain territory : Rashtra News India has been through two devastating waves of Covid-19. Data suggests the country has lost as many as 4.68 lakh lives to the disease. Multitudes of livelihoods have been affected, the work culture has evolved overnight, record-breaking strides in

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Investment proposals from border nations: 201 denied, 124 approved

As per a 2020 amendment, "an entity of a country, sharing land border with India or where the beneficial owner of an investment into India is situated in or is a citizen of any such country, can invest only under the government route".

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India's GDP to grow 6.1% in 2024: Moody's Analytics | Business News

It said output in India remains 4 per cent lower than it would have been without the COVID pandemic and its various aftershocks -- from supply snags to military conflicts abroad.

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ADB raises India's FY25 GDP growth forecast to 7%

ADB's growth forecast for the current fiscal is in line with the projections made by the Reserve Bank of India

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American Investors embrace a less-democratic India

India’s economic might is on the rise, but it’s undergoing a democratic recession. American businesses seem to prefer this.

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Business News: ADB scales down India growth estimate further to 9.7% in FY22

ADB scales down India growth estimate further to 9.7% in FY22 : Rashtra News The Asian Development Bank for the second time in three months has scaled down India's growth estimate for the fiscal year ending March 2022 due to supply chain issue of industries. The Manila-based multilateral development bank pegged India's growth estimate at

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'God exists and is an Indian': Kotak Mahindra AMC's Nilesh Shah cites cheaper oil price despite global tensions

Kotak Mahindra AMC's MD Nilesh Shah hailed the double-digit oil prices in India and strong GDP growth despite geopolitical tensions.

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