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IMF raises India’s GDP growth forecast marginally to 6.3 pc for FY24

IMF raises India’s GDP growth forecast marginally to 6.3 pc for FY24

by AIP Online Bureau | Oct 10, 2023 | Eco/Invest/Demography, Indian News, Policy

‘Growth in India is projected to remain strong, at 6.3 per cent in both 2023 and 2024, with an upward revision of 0.2 percentage point for 2023, reflecting stronger-than-expected consumption during April-June,” the ‘World Economic Outlook’...
RBI retains repo rate; GDP growth at 6.5%, inflation at 5.4%

RBI retains repo rate; GDP growth at 6.5%, inflation at 5.4%

by AIP Online Bureau | Oct 6, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation

Shaktikanta Das,Governor,RBI Das said taking into account the economic factors the MPC has predicted GDP growth at 6.5 per cent in FY24 As regards the inflation rate, the MPC forecast was 5.4 per cent for 2023-24 taking into account the various domestic issues...

GDP grows at 7.8 pc in Apr-Jun, India remains fastest growing economy

by AIP Online Bureau | Aug 31, 2023 | Eco/Invest/Demography, Indian News, Policy

The expansion in ‘financial, real estate and professional services’ GVA was 12.2 per cent, up from 8.5 per cent in the year-ago quarter New Delhi: India recorded an economic growth rate of 7.8 per cent in the April-June quarter of 2023-24 and remained the fastest...

India’s GDP crossed $3.5 trillion in 2022:Moody’s

by AIP Online Bureau | May 24, 2023 | Eco/Invest/Demography, Indian News

If implemented effectively, measures undertaken over the last few years – including those introduced during the pandemic to increase the flexibility of labour laws, raise agricultural sector efficiency, expand investment in infrastructure, incentivize manufacturing...

Workers with advanced digital skills contribute Rs 10.9 lakh cr to India’s GDP, says study

by AIP Online Bureau | Feb 22, 2023 | Data, Eco/Invest/Demography, Technology

According to the study, 91 per cent of workers who use advanced digital skills express higher job satisfaction compared to 74 per cent of workers with basic digital skills. The study found that 80 per cent organizations in India that employ workers with advanced...
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