India’s GDP set for a 7% growth in FY25 and 7.2% in FY26: ADB
The ADB projects a favourable outlook for the industrial and services sectors, along with private investment and urban consumption in FY2024-25 and FY2025-26
The ADB projects a favourable outlook for the industrial and services sectors, along with private investment and urban consumption in FY2024-25 and FY2025-26
RBI says the Indian economy showed resilience in 2023-24 despite protracted geopolitical tensions and volatile global financial markets
Over 10 years, cumulative topline of The Next 500 club nearly doubles to ₹10.62 lakh crore even as profit quadruples to ₹60,000 crore.
India’s largest private bank is up against some serious headwinds as MD & CEO Sashidhar Jagdishan battles the fallout of the merger with parent HDFC — both internally and externally.
Private final consumption expenditure (PFCE), which accounts for about 60% of the GDP from the demand side, is expected to grow 6.1% year-on-year in FY25.
Private consumption growth is likely to taper off, as the post-pandemic pent-up demand diminishes and persistent high food price inflation is likely to constrain spending, says World Bank.
Faster-than-expected expansion in July-September, driven by double-digit growth in industry to aid growth.
Organic non-fossil capacity addition surpasses fossil capacity addition for the first time.
S&P Global slashes its outlook for growth in FY25 to 6.4%, from 6.9%
GDP will grow primarily due to festive spending in the coming months followed by higher government spending before the upcoming general elections mid-next year