GDP growth: Headwinds in financial assets, tax filings hurt average Indian
Household financial assets are at 47-year low pointing to headwinds against growth
Household financial assets are at 47-year low pointing to headwinds against growth
The reforms undertaken by the Modi government in the last nine years have put India on the path to sustainable growth, says FM at the B20 summit in New Delhi.
Though lower than expectations of analysts, Q1 FY23 growth hit a one-year high, a sharp uptrend from 4.1% growth in previous quarter but lower than 20.1% in Q1 FY22
SBI Research says India’s GDP could grow at 15.7% in the June quarter, while ICRA thinks the economic growth is projected to spike to a four-quarter high of 13%