According to the IMF World Economic Outlook (October 2024), India's GDP growth rate in 2024 is projected at 7.021%. India is at 7th position out of 194 economies. With a 8.153% expansion in 2023, India is at the 8th position. It is second fastest growing Asian economy. As per the ...
Gross Domestic Product (GDP) of India grew by 6.1 per cent in Jan-Mar 2023, surpassing the estimated growth rate of quarter 4 (Q4) of 2022-23 at 5.1 per cent by the Reserve Bank of India (RBI) and 5.5 per cent by SBI research. According to the Reuters poll, Indian economy was ...
NEW DELHI, May 31 (Xinhua) -- India's economy recorded a growth of 8.7 percent in 2021-22 as the gross domestic product (GDP) in the fourth quarter grew by 4.1 percent, official data showed Tuesday. "The growth in GDP during 2021-22 is estimated at 8.7 percent as compared to a cont...
India’s GDP grew by 6.7% year over year in the first quarter of fiscal 2024 to 2025 (that is, the quarter from April to June 2024), aligning with our projected range of 6.5% to 6.7%.6Although this marks the slowest growth in five quarters, the Indian economy showed resilience, especi...
How strong is India’s economy? 印度的经济实力有多强? It isn’t the next China, but it could still transform itself and the world 它不是下一个中国,但仍可能改变自己和全世界 In six weeks’ time Narendra Modi is expected to win a third term as India’s prime minister,cementinghis status...
India's economy grew at a rate of 8.2% in fiscal year 2023-2024.2This growth was primarily due to strong demand for the country's goods and services in addition to a high level of industrial activity. The country was once a supplier of British tea and cotton. It now has a diversified ...
However, uncertainties of the world economy and rising inflation driven by price hike of international commodities have become main challenges for India, the third largest economy in Asia. ROBUST GROWTH According to official data released in late February, India's GDP in the 2021-2022 fiscal year...
The acceleration of foreign direct investment inflows into India over the past decade reflects the favourable long-term growth outlook for the Indian economy, helped by a youthful demographic profile and rapidly rising urban household incomes. India's nominal GDP measured in USD terms is...
What was the growth rate of India's GDP in the last quarter of 2022? A) 6.3% B) 4.4% C) 15% D) Not mentioned What are the reasons for the slow growth of India's economy in the last quarter of 2022? A) Low inflation and low interest rates ...
India’s economic growth accelerated to 6.1% in the March quarter from a year earlier as a recovery in private investment and domestic consumption offset the drag from softening global demand. Asia’s third-largest economy expanded faster than the forecast of 5.0% by economists in a Reuters poll...