Krishna Bhimavarapu, APAC economist at State Street Global Advisors, says India's weak manufacturing and GDP numbers come as a surprise. He emphasized the need for India's administration to boost FDI activity and projected that the RBI will cut rates to spur economic growth. ...
The forecast of growth in merchandise exports and merchandise imports during 2018-19 have been revised up to 10.6 % and 14.5 %, respectively, The current account deficit (CAD) is expected at 2.7 % and 2.6 % of GDP in 2018-19 and 2019-20, respectively. ...
India's GDP growth in 2008-09 will be less than the earlier forecast of 7.5-8% and could drop further in 2009-10, RBI governor D Subbarao said. "All indications are of a downside revision and we would be doing our own estimates," the governor told reporters after a meeting with Bengal...
It marginally upped its forecast of India's GDP growth in the current fiscal year starting April 1 to 6.5 per cent from 6.4 per cent forecast earlier. This compares with an expected 7 per cent growth in 2022-23 (April 2022 to March 2023) fiscal. The central bank lowered its inflation f...
subsequent months thereby further propelling real estate sales momentum and also providing an opportunity to perspective homebuyers to enter in the market. While portraying a robust forecast for economic growth, the RBI’s all-round efforts will positively impact homebuyers sentiments and ind...
With the Indian economy, Asia's third-largest, growing faster than expected in the previous year, the RBI raised its GDP growth projection for the current fiscal through March 2025 to 7.2 per cent from 7 per cent while maintaining its inflation forecast at 4.5 per ...
4. Moody’s has increased India’s growth forecast for 2023 to 5.5%. It has kept India’s GDP growth forecast for 2024 at 6.5%. Moody’s Investors Service has earlier kept growth forecast at 4.8% in November 2022. Moody’s has changed forecasts in the latest February update to Global ...
Moody's Investor Service raised India's economy GDP forecast to 6.8% from 6.1 %. Moody predicted that inflation will remain above the RBI’s target of 4 per cent. Moody's noted that the 8.4 per cent growth during the third quarter is more than the economists' projections of 6.6 per cent...
It kept the GDP growth projections unchanged at 9.5 percent for the current fiscal and retained the inflation forecast of 5.3 percent for the full year. While the Indian economy has literally hauled itself out of one of the deepest contractions in April-June, it is not yet strong enough to ...
credit disbursal instead of a “rear-view mirror” assessment done traditionally. “Through end-use control, collections control, and live data feed of the small business’ transactions throughout the tenure of the loan repayment, financial institutions can forecast early-warning signals”, he adds...