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Indian Economy Growth

Economy expected to sustain strong growth amid global gloom

Economy expected to sustain strong growth amid global gloom

Thu, Nov 30, 2023

India's is seen as the bright spot globally as some Western countries are flirting with the possibility of recession.

India to be world's largest economy by 2060, says UK MP Karan Bilimoria

India to be world's largest economy by 2060, says UK MP Karan Bilimoria

Tue, Jul 25, 2023

British Parliamentarian Lord Karan Bilimoria has predicted that India will become the world's largest economy by 2060. India has overtaken the United Kingdom and it's now the fifth largest economy in the world, he said on the sidelines of the Investiture Ceremony of his alma mater Hyderabad Public School (HPS), Begumpet, recently.

Stock markets performance reaffirms India is "an island of growth": Experts

Stock markets performance reaffirms India is "an island of growth": Experts

Wed, Jun 28, 2023

According to Ravi Singh, Head of Research, Share India, enough forex reserves (which can cover import bills for months) and moderating inflation have driven the domestic stock markets.

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India's internet economy to grow six times to $1 trillion by 2030: Report

India's internet economy to grow six times to $1 trillion by 2030: Report

Tue, Jun 06, 2023

The report estimates B2B e-commerce to grow 13-14 times to $105-120 billion, from around $8-9 billion in 2022.

India's manufacturing sector hits 31-month high growth in May

India's manufacturing sector hits 31-month high growth in May

Thu, Jun 01, 2023

Not only did factory orders increase for the twenty-third month running in May, but also to the greatest extent since January 2021, it said on Thursday.

Govt policies led to transformation; India to be 4th largest economy globally within 2 years: Ashwini Vaishnaw, Minister for Railways

Govt policies led to transformation; India to be 4th largest economy globally within 2 years: Ashwini Vaishnaw, Minister for Railways

Sat, May 27, 2023

Enabling policies and grassroot initiatives of Modi-led government have led to social and economic transformation of the country since 2014, and the nation is all set to become the fourth largest economy in world within two years, Union minister Ashwini Vaishnaw said on Saturday.

India's economic growth will be close to 6.5% in FY23-24: RBI Governor Shaktikanta Das

India's economic growth will be close to 6.5% in FY23-24: RBI Governor Shaktikanta Das

Wed, May 24, 2023

RBI Governor speaks at CII annual session: The governor further said that inflation has moderated but there is no room for complacency.

India needs to be vigilant against several potential risks: FinMin Report

India needs to be vigilant against several potential risks: FinMin Report

Tue, Apr 25, 2023

The report said FY23 has been strong for India's economy despite the tailwind of the pandemic and the headwind of the geopolitical conflict intertwining to escalate global economic uncertainty.

Economy likely to log in a tepid 6% growth next fiscal: Crisil

Economy likely to log in a tepid 6% growth next fiscal: Crisil

Thu, Mar 16, 2023

The agency also sees the economy averaging a growth rate of 6.8 per cent over the next five fiscals.

India's strong macroeconomic trends improve credit quality of finance companies: S&P Global

India's strong macroeconomic trends improve credit quality of finance companies: S&P Global

Mon, Mar 13, 2023

Higher inflation or interest rates than expected remain key risks to S&P Global's forecasts. Rising interest rates are likely to push up borrowing cost for Indian finance companies.

India's economic growth appears to be very fragile, says RBI monetary policy committee member Varma

India's economic growth appears to be very fragile, says RBI monetary policy committee member Varma

Sun, Feb 26, 2023

While noting that high-interest rates make private capital investment more difficult, Varma said the government is in fiscal consolidation mode, thus reducing the support to the economy from this source

Indian economy remains a 'bright spot', says IMF

Indian economy remains a 'bright spot', says IMF

Tue, Jan 31, 2023

The Indian economy is expected to grow by 6.1 per cent in 2023, which is 0.7 percentage points lower than 6.8 per cent in 2022, which was earlier projected by the fund in its October forecast.

Indian economy likely to navigate rough global weather in 2023: Assocham

Indian economy likely to navigate rough global weather in 2023: Assocham

Mon, Jan 02, 2023

While there is an overwhelming consumer response to contact services like travel, hotels and transport, a positive domino effect is visible in transport, housing, power, electronics, discretionary consumer goods and automobiles, he added.

Indian economy poised for further growth in 2023 despite global headwinds

Indian economy poised for further growth in 2023 despite global headwinds

Mon, Jan 02, 2023

The positive trajectory in the growth trend and improved fundamentals will help the nation in neutralising the impact of global headwinds which are expected to have a bearing on the country's exports in the months to come.

India well positioned to continue to be fastest growing major economy in 2023: Tata Sons Chairman N Chandrasekaran

India well positioned to continue to be fastest growing major economy in 2023: Tata Sons Chairman N Chandrasekaran

Mon, Dec 26, 2022

In his New Year message to around 9.35 lakh employees of the Tata Group, he said increasing consumption, consumer confidence and investment will support India's growth story although the global environment has several risk factors, including the energy crisis in Europe, the battle to contain inflation to avoid recession, and ongoing geopolitical conflicts.

Year Ender 2022: Top 8 parameters that shaped the Indian Economy this year

Year Ender 2022: Top 8 parameters that shaped the Indian Economy this year

Thu, Dec 22, 2022

Indian economy faced several ups and downs in 2022 due to issues like inflation, falling value of INR, rising unemployment and many more.

World Bank upgrades India's GDP growth forecast to 6.9% for FY23; expects inflation to be above 7%

World Bank upgrades India's GDP growth forecast to 6.9% for FY23; expects inflation to be above 7%

Tue, Dec 06, 2022

World Bank said that inflation in India is expected to be 7.1 per cent in the current fiscal year.

RBI Governor ZEE BIZ EXCLUSIVE INTERVIEW: What Shaktikanta Das said about Indian economy after 25 years

RBI Governor ZEE BIZ EXCLUSIVE INTERVIEW: What Shaktikanta Das said about Indian economy after 25 years

Fri, Sep 02, 2022

RBI Governor ZEE BIZ EXCLUSIVE INTERVIEW: This is a big opportunity for various authorities, private sectors and stakeholders, RBI Governor said.

Economy likely to grow at 7-7.4% in FY23, says Finance Secretary TV Somanathan

Economy likely to grow at 7-7.4% in FY23, says Finance Secretary TV Somanathan

Thu, Sep 01, 2022

"We remain on course to meet the 7.4 per cent. We expect to achieve. This does not really reflect on what is expected to be annual real GDP growth. So, 7-7.5 per cent in that range. 7.4 per cent is what the IMF has predicted," Finance Secretary TV Somanathan said on Wednesday.

Reforms, young workforce, business investments to help India emerge as Asia's strongest economy next year: Morgan Stanley

Reforms, young workforce, business investments to help India emerge as Asia's strongest economy next year: Morgan Stanley

Thu, Aug 11, 2022

The brokerage expects India`s growth to average 7% for 2022-2023 and contribute 28% and 22% to Asian and global growth, respectively.

Indian Economy Growth: GDP Q2 FY21 - Much better than expected and H2 FY21 looks promising

Indian Economy Growth: GDP Q2 FY21 - Much better than expected and H2 FY21 looks promising

Wed, Dec 02, 2020

India is officially under a technical recession for the first time in the known history of the country. Despite this, the rebound, especially of manufacturing, fixed investment and exports, have been ahead of expectations. Positive net exports on the demand side and resilience of agriculture and V-shaped recovery in manufacturing, on the supply side, led the recovery.

Indian economy recovering, eased lockdown restrictions play big role: Kotak Institutional Equities

Indian economy recovering, eased lockdown restrictions play big role: Kotak Institutional Equities

Tue, Dec 01, 2020

Consistent with the normalization in economic activity with the easing of lockdowns, real GVA (Gross Value Added) in Q2 FY21 contracted at a slower pace of 7% while real GDP growth contracted by 7.5%. Recovery in GVA was supported by a slower pace of contraction in industry GVA, led by growth of 0.6% in manufacturing and 4.4% in electricity, even as construction fell 8.6%. Expectedly, agriculture and allied sector’s growth continued to stay robust at 3.4%, supported by robust sowing on the back of favourable monsoons.

India is 58th most competitive economy in world, says WEF

India is 58th most competitive economy in world, says WEF

Wed, Oct 17, 2018

India has been ranked as the 58th most competitive economy on the World Economic Forum's global competitiveness index for 2018, which was topped by the US. India's rank rose by five places from 2017, the largest gain among G20 economies, the WEF said.

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