ADB lowers India's FY25 growth forecast to 6.5% from 7%

Dec 11, 2024, at 02:45 pm

New Delhi: The Asian Development Bank (ADB) on Wednesday revised its economic growth forecast for India, lowering it to 6.5% for the current financial year, down from the earlier estimate of 7%, media reports said.

Moody's says Indian economy in a favourable state, forecasts 7.2% growth in CY 2024

Nov 15, 2024, at 10:28 pm

New Delhi: The Indian economy is currently in a favourable position, combining strong growth with moderating inflation, according to Moody's Ratings, which forecasts GDP growth of 7.2% for calendar year 2024 and 6.6% for 2025.

IMF keeps India's FY25 growth forecast unchanged at 7%

Oct 23, 2024, at 02:26 am

New Delhi: The International Monetary Fund (IMF) has maintained India's GDP growth forecast for FY25 at 7 percent, according to its latest World Economic Outlook released on October 22.

Moody's upgrades India's GDP forecast to 7.2% for 2024 and 6.6% for 2025

Aug 31, 2024, at 05:34 am

Mumbai: Moody's on Thursday raised India's economic growth forecast to 7.2% for 2024 and 6.6% for 2025, up from its previous estimates of 6.8% and 6.4%, respectively, citing robust and broad-based growth.

Govt projects FY24 GDP growth at 7.3%

Jan 06, 2024, at 07:42 am

New Delhi: India's gross domestic product (GDP) is projected to grow by 7.3 percent in 2023-24, surpassing the 7.2 percent recorded in the previous fiscal year, the Ministry of Statistics and Programme Implementation said Friday.

RBI MPC keeps repo rate unchanged, raises FY24 growth forecast to 7%; Industry reacts

Dec 09, 2023, at 03:37 am

Mumbai: The Reserve Bank of India's Monetary Policy Committee (RBI MPC) kept the repo rate unchanged at 6.5 percent for the fifth time in a row on Friday, thus maintaining the status quo.