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India to grow at 6.8 pc in FY’25, to become upper middle-income country by 2031

by AIP Online Bureau | Mar 6, 2024 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

“A projected average expansion of 6.7 per cent in this period will make India the third-largest economy in the world and lift per capita income to the upper-middle income category by 2031,” Crisil said.India, with a GDP size of USD 3.6 trillion, is...

Outlook for Indian economy appears bright, 7 pc GDP growth expected in FY’25: FinMin report

by AIP Online Bureau | Feb 21, 2024 | Eco/Invest/Demography, Indian News, Policy

Talking about tailwinds for the next financial year, the report said prospects of healthy Rabi harvesting, sustained manufacturing profitability and underlying service resilience are expected to support economic activity in FY25 New Delhi:The outlook for the Indian...

Japan unexpectedly slips into recession, Germany now world’s third-biggest economy

by AIP Online Bureau | Feb 15, 2024 | Eco/Invest/Demography, International News, Policy

“What’s particularly striking is the sluggishness in consumption and capital expenditure that are key pillars of domestic demand,” said Yoshiki Shinke, senior executive economist at Dai-ichi Life Research Institute Tokyo: Japan unexpectedly slips...
IMF forecasts ‘soft landing’ for global economy, upgrades India

IMF forecasts ‘soft landing’ for global economy, upgrades India

by AIP Online Bureau | Jan 31, 2024 | Eco/Invest/Demography, International News, Policy

“Growth in India is projected to remain strong at 6.5 per cent in both 2024 and 2025, with an upgrade from October of 0.2 percentage point for both years, reflecting resilience in domestic demand.” Washington: The International Monetary Fund (IMF) on...

Red Sea, China risks to US economy seem contained, White House says

by AIP Online Bureau | Jan 28, 2024 | Eco/Invest/Demography, International News, Risk Management

Americans have faith in their personal finances while consumer goods are already seeing a slowdown in price increases Washington DC: The Untied States risks some exposure to China’s economic slowdown and shipping disruptions in the Red Sea, but they appear...
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