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 ...
As highlighted in theflowarticle, ‘India’s new growth frontiers’, India is one of the fastest-growing economies in the world. On 9 December 2023, the Reserve Bank of India (RBI) revised its forecast for India’s GDP, projecting a growth rate of 7% for FY24, with Q3 and Q4 expected...
Year-to-March 2025 GDP growth forecast cut to 6.6% from 7.2% High food prices to keep consumer inflation elevated in Oct-Dec 2024 In its monetary policy decision, the Reserve Bank of India (RBI) retained its monetary policy stance at “neutral”. I...
MUMBAI, March 1 (Xinhua) -- India's gross domestic product (GDP) grew by 6.6 percent in October-December quarter, the slowest in the past five quarters, increasing chances of another interest rate cut by Reserve Bank of India to boost growth. The Central Statistics Office (CSO) also revise...
Post Covid-19, GDP data indicates a strengthening of private investment, with Q3 estimates showing a year-on-year growth rate of 7.8%. The surge in government and private capital expenditure has boosted domestic demand, insulating the Indian economy from external shocks and global economic challeng...
Indian Inflation Falls to Over 5-Year Low India Trade Deficit Widens in March India Wholesale Inflation at 4-Month Low India Industrial Output Growth Slows in February India Cuts Repo Rate, Slightly Lowers GDP Forecast India Prioritizes Dialogue Over Retaliation in U.S. Tariff Row ...
CompareInterest Rate by Country News Stream India Cuts Repo Rate, Slightly Lowers GDP Forecast The Reserve Bank of India (RBI) slashed its key repo rate by 25bps to 6% at its April meeting, marking back-to-back cuts of equal amount and aligning with market expectations. The latest rate adj...
MUMBAI, March 29 (Xinhua) -- India's current account deficit widened to 2.5 percent of Gross Domestic Product (GDP) in October-December, or the third quarter of the current fiscal year, from 2.1 percent in the corresponding quarter a year ago, said a release by the country's Central Bank...
Gujarat, often referred to as the “growth engine of India,” has consistently outperformed the national growth rate. Despite comprising only 5% of the country’s population, Gujarat contributes over 8.3% to the national GDP. In the previous year, the state accounted for...CM Bhupendra...
The main drivers are the GDP and the level of digitization. Additional notes: The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. Technology ...