After rapid economic growth of 7.2% in the 2022-23 fiscal year, economic momentum has remained strong in the first half of 2023. The S&P Global India Services PMI Business Activity Index for July signalled continued rapid expansion in output and new orders, while...
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 ...
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...
Local analysts say that India is now facing some pressing problems which could hurt the potential growth of the Indian economy, with the tightening U.S. monetary policy, the gloomy prospects for the world economy and the Russia-Ukraine conflict casting shadow over the Indian economy. ...
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 ...
But India’s economy remains a “relative bright spot” amid the worldwide economic gloom, according to the IMF. It expects India to be the fastest-growingbig economyin the world in 2023, accounting for 15% of global growth. The ruling Bharatiya Janata Party has announced investments in infra...
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...
To attract more local and foreign investment and to find a growth-minded successor, his party will need to curb its chauvinistic politics. If not, Mr Modi’s mission of national renewal will not live up to its promise. 同时为了吸引更多的国内外投资,并找到一个注重经济增长的继任者,他领导的印...
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%.6 Although this marks the slowest growth in five quarters, the Indian economy showed resilience, espe...
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 ...