GDP growth

India’s economic growth outlook: Ind-Ra forecasts 6.5% in FY25 amidst government push and corporate optimism

India’s GDP growth prediction reduced by 20 basis points to 5.9% by IMF’s latest forecast

On Tuesday, the International Monetary Fund (IMF) lowered India's FY24 growth prediction by 20 basis points to 5.9 percent in its biannual Global Economic Outlook.

World Bank raises its forecast for India’s GDP growth in FY23

World Bank predicts that India's inflation will be 7.1% in FY23.

Hiring in service sector at a 14-year high as activity rebounds

“Indian services activity rose strongly midway through the second fiscal quarter, with the pace of expansion recovering some of the ground lost in July.

Economists predict RBI may increase the repo rate to 6% by December

The rate hike expectations come despite economists predicting a moderated inflation due to a drop in global commodities and the alleviation of supply chain bottlenecks.

RBI trims GDP growth forecast to 7.2% amid geopolitical crisis

The Reserve Bank of India (RBI) has now projected India's gross domestic product (GDP) surge at 7.2% for the financial year 2022-23.

Economic growth in the US ramps up in Q4, GDP increased at 6.9%

According to the Commerce Department's third estimate for the fourth quarter, GDP increased at a 6.9 percent annualised rate.

Fitch Ratings forecasts India’s FY23 GDP growth to 8.5%

However, with the Omicron virus diminishing phase-wise, and precautionary measures are in place the ground is set for India to show positive signs of growth from June this fiscal year as per Fitch’s predictions.