India is expected to be the fastest growing nation in 2023 among the G-20 grouping of the world's largest nations that attended the G-20 Leaders' Summit hosted by India in New Delhi on 9th -10th September. After rapid economic growth of 7.2% in the 2022-23 fiscal year, ec...
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 ...
DECENT GDP GROWTH EXPECTED The average estimate of India's Gross Domestic Product (GDP) growth in 2022-2023 by various organisations and agencies is around eight percent, though almost all of them have cut down on their previous estimates. In its "World Economic Report" released on Tuesday, th...
According to the Reuters poll, Indian economy was expected to grow by 5 per cent in Q4 of FY23. Overall real GDP growth rate of FY23 is estimated at 7.2% which is much lower than that of 9.1% in FY22. Growth rates of Indian economy were 13.1 per cent in Q1, 6.2 per cent in ...
Between April and October 2024, total services exports stood at US$216 billion, compared to US$192 billion in 2023. This growth is crucial given the sector’s significant contribution to India’s GDP and employment, specifically for the urban middle-income population. High-value manufacturing ...
The Reserve Bank of India, which announces its latest rate decision on Friday, is also expected to keep interest rates steady. What lies ahead? Divining the outlook for the rest of the financial year is tricky. To Alicia Garcia Herrero, India's economy is "certainly" heading ...
infrastructure, and offering tax incentives and rebates. Its efforts appear to be working: Gross foreign direct investment reached a record 84.8 billion in 2022, and all investment as a proportion of gross domestic product (GDP) reached a 10-year high of 34% in 2023, according to S&P Global...
However, the population growth rate in the last three years has been the lowest during the recorded period. As per UN estimates, population growth is expected to slow down to 2.26 percent in 2030. Population growth rate of Delhi in India from 1960 to 2024, with estimates for 2030 ...
Current Account to GDP -1.20 -2.00 percent of GDP Dec 2023 Exports 38.01 32.11 USD Billion Dec 2024 Exports by Category Exports by Country External Debt 711800.00 682300.00 USD Million Sep 2024 Foreign Direct Investment 6536.00 5984.00 USD Million Oct 2024 Gold Reserves 853.63 840.75 Tonnes Sep...
India’s GDP growth for 2025-26 is projected at 7 percent, with the economy expected to reach a valuation of approximately US$5.3 trillion by 2027. Despite global challenges such as ongoing conflicts, India has maintained its economic stability. The 2024 general elections resulted in the National...