GDP boost! IMF calls India ‘shinning star’; ICRA ups FY24 forecast
Growth expected to improve further in Q3; India likely to contribute over 16% to global growth
Growth expected to improve further in Q3; India likely to contribute over 16% to global growth
For Q1 FY2023-24, economists are pegging India’s GDP to surpass 8%, pushing India’s GDP growth beyond 6.5%
Growth in India is expected to pick up to 6.8% in 2024, with resilient domestic demand despite external headwinds, says IMF.
India to add $400 bn to economic growth every year and its m-cap will rise from $3.4 tn to $11 trillion by 2032.
IMF’s current GDP projections are now the same as the Modi-led govt's revised target of achieving the $5 trillion economy status by the fiscal year 2025-26 or a year later.