Bharat Express

GDP Growth

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.

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.