Mumbai: India's goal of becoming a $7-trillion economy by 2030 is achievable under the "strong" leadership of Prime Minister Narendra Modi, according to Chairman and CEO of JP Morgan Jamie Dimon.
India leads global growth with robust investment and consumption: IMF Report
New Delhi: India continues to lead as the world’s fastest-growing economy, driven by strong investment and private consumption, according to the International Monetary Fund's (IMF) Asia-Pacific Regional Economic Outlook released on Friday.
IMF keeps India's FY25 growth forecast unchanged at 7%
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.
Goldman Sachs cuts India's growth forecast by 20 basis points
Mumbai: Goldman Sachs Group Inc. has slashed India's growth forecast for this year and the next by 20 basis points, citing a reduction in central government spending, Bloomberg reported.
IMF raises India's FY25 GDP growth forecast to 7%
New Delhi: Amid rising private consumption, particularly in rural areas, the International Monetary Fund (IMF) on Tuesday in its economic outlook projected India's growth at 7 percent for 2024-25, up from 6.8 percent.
India's core sector grows 6.2% YoY in April 2024
New Delhi: India's index of eight core sectors grew by 6.2 percent year-on-year in April, following a 6 percent growth in March, according to official data released on Friday.
India's core sector output rises to three-month high of 6.7 pc in Feb
New Delhi: Driven primarily by coal, cement and crude oil production, India's core sector comprising of eight key infrastructure components grew 6.7% year-on-year in February 2024, as per data released by the Ministry of Commerce and Industry on Thursday.
India's FY24 GDP growth rate could near 8%: RBI Governor Shaktikanta Das
New Delhi: The Indian economy's GDP growth for the current fiscal year ending in March might be close to 8%, Reserve Bank of India (RBI) governor Shaktikanta Das said in an interview with ET Now on Wednesday.
India grows by 8.4% in Oct-Dec quarter defying expectations
New Delhi: India's economy surged by 8.4% in the quarter ending in December, surpassing expectations, driven by strong expansion in manufacturing and construction sectors.
Outlook for the Indian economy appears bright, says Finance Ministry report
New Delhi: Prospects of healthy Rabi harvest, sustained manufacturing profitability and underlying service resilience are expected to support economic activity in the financial year 2024-25, said a Finance Ministry report released on Tuesday.
Indian economy off to a good start in Sept qtr: CEA Nageswaran
New Delhi: India’s Q1FY24 GDP growth of 7.8% is a "good number" and the government can comfortably maintain a growth target of 6.5% for FY24, according to India's chief economic advisor V. Anantha Nageswaran.
India's eight core sectors' output grows 8 pc in July
New Delhi: Driven mainly by the coal, cement, and steel sectors, India's core output, comprising eight key infrastructure sectors, grew 8% year-on-year (YoY) in July 2023.
8 core sectors grow at a record 8.2% in June
New Delhi: India's eight core sectors registered a growth of 8.2 percent in June, the Ministry of Commerce and Industry said on Monday.
India's growth rate can push its poverty elevation efforts: World Bank President Ajay Banga
New Delhi: India’s growth rate can be the vantage point in its poverty elevation efforts, according to World Bank President Ajay Banga.
Record diesel and gasoline sales in May indicate strong demand
New Delhi: India's May diesel and gasoline sales reached record levels, providing a rare positive indication for the global oil markets, Bloomberg reported.