#GDPIndia

World Bank revises India’s GDP growth forecast from 5.4% to 10.1% for the financial year 2024-25

by

The World Bank has recently increased its projections for India’s economic growth by 4.7 percentage points to 10.1 per cent for Financial Year 2024-25, citing a strong rebound in private consumption and investment growth. The latest estimate is significantly higher than the 5.4 per cent growth rate predicted by the World Bank in January this year. However, … Read more

All big rating agencies revise India’s growth projection upwards, predict it will be fastest fastest-growing economy among G-20 nations this year

by

India will be the fastest growing economy among the G-20 nations in 2024. In the previous three quarters, India’s economy expanded at 7.8 per cent in Q1, 7.6 per cent in Q2 and 8.4 per cent in Q3. On Saturday, finance minister Nirmala Sitharaman said in an event at Mumbai that India will grow over … Read more