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Tag: private investments

Why have private investments dropped? | Explained

Posted on April 18, 2024 By admin
Why have private investments dropped? | Explained

For representative purposes | Photo Credit: Getty Images The story so far: The failure of private investment, as measured by private Gross Fixed Capital Formation (GFCF) as a percentage of gross domestic product (GDP) at current prices, to pick up pace has been one of the major issues plaguing the Indian economy. Private investment witnessed…

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Business

ADB raises India’s GDP growth forecast for FY25 to 7% on robust investment, consumer demand

Posted on April 11, 2024 By admin
ADB raises India’s GDP growth forecast for FY25 to 7% on robust investment, consumer demand

The ADB’s growth forecast for India for FY25 is in line with the projections made by the Reserve Bank of India. | Photo Credit: REUTERS The Asian Development Bank (ADB) on Thursday raised India’s GDP growth forecast for the current fiscal to 7 per cent from 6.7 per cent earlier, saying the robust growth will…

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