The long-term outlook for the Indian economy is supported by a number of key growth drivers. An important positive factor for India is its large and fast-growing middle class, which is helping to drive consumer spending. The rapidly growing Indian domestic consume...
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...
The present paper is an attempt to evaluate the growth of Indian economy. India is an emerging economy which has witnessed unprecedented levels of economic expansions alongside China, Russia, Maxico and Brazil. Further it points out that the global crisis did not dent India's growth prospectus ...
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 ...
In the context, growth forecast of the Indian economy has been lowered. The RBI slashed its forecast for economic growth this fiscal year to 7.2 percent from 7.8 percent. The International Monetary Fund (IMF), in its latest World Economic Outlook report, has cut its 2022 growth forecast for ...
The Indian economy grew by a lower-than-expected 7.3 percent in the second quarter. That's adding pressure to cut rates amid warnings that a cash shortage will slow the world's fastest economic growth.India's chief economic adviser, Arvind Subramanian, said, "Investment is down substantially ...
India’s economy: Why the time for growth is now September 27, 2016 | Podcast The driving forces of the country’s growth—including urbanization, a rising middle class, and increasing consumer spending—are ripe for companies to seize upon. India stands to become one of the largest growth ...
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...
The government's projections are similar to the International Monetary Fund's estimations that the Indian economy would grow at 7.4 percent in 2018, thus making it the fastest growing country among emerging economies. "With world growth likely to witness moderate improvement in 2018, expectation of...
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 ...