Tag: India's growth forecast

ADB retains India’s growth forecast at 7%; govt spending, agriculture to boost economy

September 25, 2024 admin

Image for representational purposes only. The ADB on Wednesday (September 25, 2024) said that the economy is expected to accelerate in the coming quarters on improved farm output. | Photo Credit: NAGARA GOPAL The Asian Development Bank (ADB) on Wednesday (September 25, 2024) retained India’s growth forecast for the current fiscal at 7% and said…

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S&P ups India growth forecast to 6.8% for FY’25

March 26, 2024 admin

S&P said it forecast rate cuts of up to 75 basis points in India this fiscal. Photo: www.freepik.com S&P Global Ratings on March 26 raised India’s growth forecast for the next financial year to 6.8%, but flagged restrictive interest rates as a dampener for economic growth. The Indian economy is estimated to have clocked a…

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Moody’s raises India’s 2024 growth forecast to 6.8%

March 4, 2024 admin

Global rating agency Moody’s on March 4 raised India’s growth forecast for 2024 calendar year to 6.8%, from 6.1% estimated earlier, on the back of ‘stronger-than-expected’ economic data of 2023 and fading global economic headwinds. India’s real GDP expanded 8.4% year-over-year in the fourth quarter of calendar year 2023, resulting in a 7.7% growth for…

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Fitch Retains India’s Growth Forecast For Current Fiscal At 6.3 Per Cent

September 14, 2023 admin

New Delhi: Fitch Ratings on Thursday retained India’s growth forecast for the current fiscal at 6.3 per cent saying the Indian economy continues to show resilience despite tighter monetary policy and weakness in exports, but upped year-end inflation projection on El Nino threat. The Indian economy grew 7.8 per cent in the April-June quarter of…

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