The Asian Development Bank (ADB) maintained its forecast for India’s gross domestic product (GDP) growth in FY25 at 7 per cent on Wednesday. The decision was based on the strong expansion in the industrial sector and robust demand in construction, mainly driven by housing. “The stronger-than-expected fiscal position of the ...
Read More »2024 Economic Boom: S&P Forecasts a Remarkable 6% Expansion for India – What’s Behind the Surge?
Indian Economy Growth Forecast: S&P Global Ratings Predicts 6% Growth Rate for the Current Fiscal Year The Indian economy has been a subject of great interest and speculation, especially in recent times. As we step into the current financial year, S&P Global Ratings has made a significant prediction regarding India’s ...
Read More »Economic Milestone: How Crude Oil Could Drive India’s GDP to 6.5% in 2024
GDP Growth in FY 2024: NITI Aayog’s Perspective In a recent interview, Arvind Virmani, a member of NITI Aayog, made some noteworthy statements regarding India’s GDP growth in the fiscal year 2023-24. Virmani discussed the impact of high crude oil prices and climate change on the Indian economy. He also ...
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