Tag Archives: India economic growth

India will continue its robust economic growth trajectory and outpace major industrialised G7 countries, supported by strong domestic demand, sound macroeconomic fundamentals and a favourable demographic profile, the PHD Chamber of Commerce and Industry (PHDCCI) said in a report. The report, titled Population, Productivity, Partnership: Rethinking G7-India Collaboration, highlights that with an average real GDP growth of over 8% from …

This is an AI-generated image, used for representational purposes only. India has surged ahead in global GDP rankings over the past decade, but its per capita income remains among the lowest in the top 10 economies. In this context, a new report by Llama Research has underlined the need for India’s next growth phase to focus on improving individual prosperity, …

The Reserve Bank of India might go for steeper interest rate reductions in a move to support slower growth and controlled growth, Morgan Stanley said in its latest report.The global financial firm said that the central bank’s policy approach is likely to remain countercyclical, taking action to support the economy as momentum weakens.“We expect the RBI to respond with a …

Foreign investors have poured in Rs 17,425 crore into India’s equity markets in the week of April 21 to April 25, bolstered by a combination of favourable global factors and strong domestic economic fundamentals. This follows a net investment of Rs 8,500 crore in the previous holiday-shortened week ending April 18, news agency PTI reported. Globally, steady performances in major …

NEW DELHI : The World Bank has estimated that India will need to grow 7.8% on an average over the next 22 years to become a high-income economy by 2047 and underlined the need for a series of reforms to achieve the goal.The latest India Country Economic Memorandum, released on Friday, said India’s growth at an average 6.3% between 2000 …

NEW DELHI: Economic growth is estimated to have rebound in Oct-Dec quarter (Q3) of the current financial year, led by a revival in govt spending and improvement in some key indicators.Economists estimate growth in Q3 to be in 6.2-6.4% range, higher than the seven-quarter low of 5.4% in July-Sept. Growth in July-Sept was slower than 6.7% in April-June period and …

India is poised to achieve a remarkable milestone in its economic journey, with exports of goods and services projected to surpass $800 billion in the current fiscal year, said commerce minister Piyush Goyal on Friday. This anticipated figure not only marks a significant increase from the previous year’s total of $778 billion but also reflects the resilience of India’s export …