Tag: India Economic Growth

Morgan Stanley Says PM Gati Shakti Scheme Gives India An Edge Over China

June 29, 2024 admin

A Morgan Stanley report said PM Gati Shakti scheme has scaled up Indias infra, spurred growth New Delhi: Global investment bank and financial company Morgan Stanley has stated that the PM Gati Shakti scheme has succeeded in giving a new fillip to India’s infrastructure development and multi-modal connectivity across highways, railways and ports that has…

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Gautam Adani Lists 3 Key Areas In Building Robust National Infrastructure

June 19, 2024 admin

Gautam Adani today listed three key areas which will further help the national infrastructure grow Mumbai: Gautam Adani, the Chairman of the Adani Group today listed three key areas which will further help the national infrastructure grow in years to come, driving the country to realise its goal of becoming a $30 trillion economy by…

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UN Revises India’s 2024 Economic Growth Projection Upwards From 6.2 To 6.9%

May 17, 2024 admin

“India’s economy is forecast to expand by 6.9 per cent in 2024 and 6.6 per cent in 2025. United Nations: The United Nations has revised upwards India’s growth projections for 2024, with the country’s economy now forecast to expand by close to seven per cent this year, mainly driven by strong public investment and resilient…

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Combined manufacturing, services output rose at the fastest pace in nearly 14 years: Flash PMI data

April 23, 2024 admin

The Manufacturing sector Flash PMI stood at 59.1 in April, unchanged from March’s final reading for the index. File | Photo Credit: Reuters Combined output from India’s manufacturing and services sectors may have grown at the fastest pace in almost 14 years this month, with the services activity rising to a three-month high, as per the…

Business

“India Poised To Become $5 Trillion Economy. Challenge Is…”: G20 Sherpa

October 26, 2023 admin

“India Poised To Become Trillion Economy. Challenge Is…”: G20 Sherpa

“You can’t make technology leapfrog without using AI,” Amitabh Kant said. (File) New Delhi: India is poised to become a USD 5 trillion economy and the challenge for the country will be to grow at 8-9 per cent for the next three decades, India’s G20 Sherpa Amitabh Kant said on Thursday. Addressing an event organised…

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Little more optimistic about India’s economic growth than few months ago, says RBI MPC member Jayanth R. Varma

October 24, 2023 admin

Jayanth R. Varma said while external demand is weak due to the sluggishness in the world economy, the revival in private capital expenditure is still too tentative and muted. RBI MPC member Jayanth R. Varma on October 24 said that he is ‘little more’ optimistic about India’s economic growth than a few months ago, though…

Business

Global Agency Moody’s Raises India’s Growth Forecast To 6.7 Per Cent For 2023

September 1, 2023 admin

Moody’s Investors Service today raised India’s growth projection for 2023 calendar year to 6.7% New Delhi: Moody’s Investors Service today raised India’s growth projection for 2023 calendar year to 6.7 per cent on account of robust economic momentum. “Strong services expansion and capital expenditures propelled India’s 7.8 per cent real GDP growth in the second…

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