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IMF raises India’s GDP growth forecast to 7 pc for 2024-25

by AIP Online Bureau | Jul 16, 2024 | Eco/Invest/Demography, Indian News, Policy

“The forecast for growth in India has also been revised upward, to 7 per cent, this year, with the change reflecting carryover from upward revisions to growth in 2023 and improved prospects for private consumption, particularly in rural areas,” the IMF...
India can become world’s 2nd largest economy by 2031: RBI deputy guv

India can become world’s 2nd largest economy by 2031: RBI deputy guv

by AIP Online Bureau | Jul 12, 2024 | Eco/Invest/Demography, Indian News

Michael D Patra,Deputy Governor,RBI “These gains need to be reflected in per capita income with two milestones – a per capita income level of USD 4516-14,005 to reach middle income country status, and beyond that level to attain the position of a developed...

India’s score on SDG index shoots up as poverty level dips, economy grows

by AIP Online Bureau | Jul 12, 2024 | Eco/Invest/Demography, Health, Indian News

Between 2018 and 2023-24, the fastest moving States are Uttar Pradesh (increase in score by 25), followed by J&K (21), Uttarakhand (19), Sikkim (18), Haryana (17), Assam, Tripura and Punjab (16 each), Madhya Pradesh and Odisha (15 each), the report states New...
India’s population to peak in early 2060s to 1.7 billion before declining: UN

India’s population to peak in early 2060s to 1.7 billion before declining: UN

by AIP Online Bureau | Jul 12, 2024 | Eco/Invest/Demography, Indian News, Policy

“The population of India, which is expected to remain the world’s largest throughout the century, will likely decline by 12 per cent after reaching its peak in the early 2060s at about 1.7 billion,” the UN report published by the United Nations...

India now has over 300 Family Offices from 45 in 2018 with smaller cities in focus: Report

by AIP Online Bureau | Jul 4, 2024 | Data, Eco/Invest/Demography, Policy, Technology, Wealth Management/ Philanthropy

Family Offices have also evolved into holistic service providers, championing ESG and technology for sustainable wealth New Delhi: Driven by robust economic growth in India, the country now has over 300 Family Offices as against 45 in 2018 who are catalysing the...
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