Bharat Express

GDP Growth

India is set to become the most resilient economy among the top 10 over the next three years, says the PHDCCI.

Fitch projects that RBI will cut interest rates in 2025. This expectation follows the RBI's recent liquidity measures, including a 50-basis-point reduction in the cash reserve ratio.

Declining food inflation and stable non-food inflation are expected to create conditions for a rate cut by the Reserve Bank of India (RBI) in the coming months.

Despite a slowdown in 2024, India’s long-term growth outlook stays strong. The report suggests that the 2024 slowdown is temporary.

Nominal GDP growth averaged 8.85% in the first two quarters, slightly below the Union Budget's forecast of 10.5% for the year, according to the statistics ministry's latest data.

The RBI has opted to keep the repo rate steady at 6.5% for the 11th straight time, reinforcing its neutral monetary policy stance.

Moody’s has forecasted a strong 7.2% GDP growth for India in 2024, driven by favorable economic conditions and solid growth prospects.

The latest report by the IMF confirms India as the world's fastest-growing economy, driven by strong investment and private consumption.

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.

The Reserve Bank of India (RBI) is optimistic about India's economic prospects, forecasting a real GDP growth of 7.2% for FY25.