On October 22, 2024, the International Monetary Fund (IMF) released their new World Economic Outlook. Growth was projected to hold steady at 3.2 percent in 2024, with emerging markets and developing economies remaining robust...
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 ...
India’s growth trajectory – the International Monetary Fund (IMF) revised India’s GDP forecast for 2024 upwards to 7% and it expects a growth of 6.5% in 2025 – continues to offer trade and investment opportunities. In the longer term for US corporates and investors, India is on track t...
India’s share of global gross domestic product (GDP) rose to 7.93 percent in 2023 when adjusted for purchasing power parity (PPP) and was projected to increase to 9.66 percent by 2029. This reflects the growth of India’s economy, which is helped in this ranking by the low purchasing pow...
GDP $3.55 trillion Population 1,428,627,663 Area 3,287,263 SQ.KM More on India Foreign Leaders at the White House The World’s Largest Cities Thanksgiving Holidays Around the World Located in South Asia, India sits on a peninsula that extends between the Bay of Bengal and the Arabian ...
(7.2%). Services exports surged 21.3%. 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-...
There should be plenty of opportunities in an economy that continues to outperform its rivals.Indian GDP grew 7.8 per cent in 2023, with expansion of 6.8 per cent expected in 2024.Mainland China, by contrast, managed only 5.2 per cent in 2023, and growth will slow to 4.6 per cent this ...
Asia-Pacific markets mostly rose Monday, with investors awaiting a slew of economic data this week including China industrial data and India's third-quarter GDP numbers. On Monday, Singapore released its inflation figures for October. Its headline inflation rate fell to 1.4%, the lowest rate of...
NEW DELHI, Nov. 11 (Xinhua) -- International credit rating agency Moody's on Friday slashed India's gross domestic product (GDP) growth projection for 2022 to 7 percent, on expectation that global slowdown and high domestic interest rates would dampen the overall economic momentum. ...
Udyam Assist Platform, showing significant growth. In the fiscal year 2023-24,2.49 crore MSMEs were registered, and for 2024-25, the number of registered MSMEs is 63.41 lakh. MSMEs are currently taking up30% of India’s GDP, and are expected to increase their contributions to 40% by 2027...