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Fitch raises GDP growth forecast for FY25 to 7%
Fitch estimates that the economic growth rate in the current financial year 2023-24 will be 7.8 percent. This is slightly higher than the government's
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India’s capex push will remain buoyant
Capex upswing currently visible in India is similar to the crest it witnessed during 2003-2007
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India-based cos can offer higher increments this year
Aon says that India-based companies, on average, would offer 9.6% salary hikes, while companies headquartered abroad would settle for 9.3%
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IMF revises India’s GDP forecast upwards on better demand
The multilateral funding agency stated that the country’s economy could grow by 6.7% in FY24 – a good 40 basis points higher than the 6.3% predict
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Reforms continuing, DEA hopeful of 7% growth in FY25
Finance ministry said education, health, energy security and lowering the burden of compliance burden for small businesses will be the focus of future
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For Q2 growth, cheer urban consumer
While economists expected a GDP growth rate of 6.5%, analysts are now hopeful that the curve might move closer to 7%
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Growth prospects attract FIIs to India
With the pause in interest rate hike in the country, the expectation of growth has increased. Due to which foreign investors are finding Indian mar
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Will red tape trip India's growth story?
Moody’s Investor Service warned in a research report that red tape could decelerate investments into India, where slow approval processes and licenc
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ADB scales down India’s GDP growth projections to 9.7% in FY 22
ADB said South Asia is forecast to grow at 8.6% in 2021, compared with the September's forecast of 8.8%
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Growth taking root after plunge in pandemic, says RBI governor
Shaktikanta Das said the economy has the potential to grow at a reasonably high pace, provided private capital investment resumes
