India Maintains Position As Fastest-Growing Economy; IMF Reports Strong Outlook
The latest report by the IMF confirms India as the world's fastest-growing economy, driven by strong investment and private consumption.
RBI Keeps Repo Rate Steady At 6.5%; Maintains GDP Growth Forecast
On Wednesday, the RBI's MPC decided to maintain the repo rate at 6.5% and upheld its GDP growth forecast for India at 7.2% for FY25.
RBI Projects Robust GDP Growth For FY25 Over Strong Economic Fundamentals
The Reserve Bank of India (RBI) is optimistic about India's economic prospects, forecasting a real GDP growth of 7.2% for FY25.
India’s Per Capita Income Projected To Increase By $2,000 In Next Five Years
Nirmala Sitharaman announced on Friday that India will likely see its per capita income rise by at least $2,000 over the next five years.
S&P Global Ratings Maintains India’s GDP Growth Forecast At 6.8% For FY25, Cuts China’s Projection
S&P Global Ratings has affirmed India's GDP growth forecast at 6.8% for the fiscal year 2024-25, while simultaneously reducing China's economic growth outlook by 0.2 percentage points to 4.6% for the calendar year 2024.
GST Collections Rise 10% Year-on-Year In August To Rs 1.75 Lakh Crore
Domestic transactions contributed significantly, with gross GST revenues from these transactions growing by 9.2% to about Rs 1.25 lakh crore. Revenues from imports also saw a rise of 12.1%, reaching Rs 49,976 crore
NITI Aayog Proposes $300 Billion Roadmap For Mumbai Metropolitan Region By 2030
The NITI Aayog presented a strategic roadmap to the Maharashtra government on Thursday, outlining a plan to boost the Mumbai Metropolitan Region.
India’s Economy On Strong Footing, GDP Growth Projected At 6.5-7% For 2024-25: Economic Survey
Nirmala Sitharaman tabled the Economic Survey, projecting India's GDP growth rate at a robust 6.5-7% for the financial year 2024-25.
India Soon To Emerge As Global Economic Superpower
The PLI schemes for 14 sectors are set to attract investments worth Rs 3 lakh crore to Rs 4 lakh crore in the coming years.
Fitch Upgrades India’s GDP Growth Forecast To 7.2% For FY25
Global rating agency Fitch Ratings has raised India's GDP growth forecast for FY 2024-25 to 7.2%, up from its previous projection of 7%.
