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Now Goldman Sachs too sees India's economy growing at a faster clip

Goldman Sachs is the latest to raise its GDP forecast for India, following a pattern of increasing optimism among global investment firms about the country’s growth

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India economic growth: 86% of CEOs believe India's economic growth will improve over the next 12 months: PwC's Annual Global CEO Survey

As per the study, 70% of CEOs in India express high confidence in their company's potential for revenue growth in the coming three years. Furthermore, an overwhelming 86% of these CEOs believe that the Indian economy will witness improvement in the next 12 months.

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Economic growth of India is not unequal: SBI report

The report, released two days after the first advance estimates of India’s 2023-24 GDP gave a higher-than-expected growth of 7.3%. | Latest News India

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India Inc profits: India's economic growth sparks optimism as corporates anticipate profit surge

Fitch Ratings predicts a significant boost in the profitability of Indian corporates in FY25, driven by robust economic growth despite challenges in overseas markets. With a projected GDP growth of 6.5% in FY25, India is poised to be among the fastest-growing sovereigns, fueling demand across sectors. Fitch anticipates a 290 basis points improvement in profitability compared to FY23, providing corporates with rating headroom.

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India's Economic growth: Services could be India's growth driver, help generate 70mn jobs over next decade: HSBC Global Research

India's services sector has the potential to drive growth and job creation in other sectors like manufacturing and agriculture, according to a report by HSBC Global Research. The report suggests that services companies can help smaller manufacturing firms achieve scale by leveraging digital infrastructure and accessing formal credit, cheaper raw materials, and better logistics. HSBC also expressed confidence in India's ability to increase services sector exports, citing its movement up the value chain and the expansion of multinational corporations in the country. However, the report emphasized the need to support labor-intensive sectors to create enough jobs.

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india gdp: Nomura raises India's FY24 GDP growth forecast to 5.9%

Nomura on Friday raised India's economic growth forecast for financial year 2023-24 (FY24) to 5.9 per cent from 5.5 per cent earlier, the agency said in a report. India's Gross domestic product (GDP) recorded a growth of 7.8 per cent on an annual basis for the June quarter, which was in-line with the expectations of analysts.

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'Empower women.' Zerodha founder Nithin Kamath's advice to aid India's economic growth

Nithin Kamath, the entrepreneur who recently became a billionaire, expressed surprise at the low female labour force participation rate in India. He highlighted the need to empower women to join the workforce, as it would boost the country's economic growth.

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India Q1 GDP: Icra estimates India's GDP growth at 8.5 pc in first quarter; maintains FY24 forecast at 6 pc

India's economic growth is expected to accelerate to 8.5% in the April-June period, according to Icra Ratings. This is higher than the RBI's forecast of 8.1% and is attributed to a supportive base and a recovery in the services sector. However, Icra's chief economist warned that the second half of the fiscal year could see headwinds due to factors such as erratic rainfall and a slowdown in government capex. Despite the strong growth in the June quarter, electricity generation dipped to an 11-quarter low of 1.3%.

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Does India want to be only as 'developed' as Libya?

India News: Niti Aayog’s former VC argues using South Korea as yardstick won’t do for our developed country target

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