PHD Chamber forecasts India to be $34 trillion economy by 2047
The chamber estimates that the contribution of services to India’s GDP will be 54%, followed by industry (34%) and agriculture (12%) in 2047.
The chamber estimates that the contribution of services to India’s GDP will be 54%, followed by industry (34%) and agriculture (12%) in 2047.
A strong growth trend domestically, driven by capex and productivity, implies that rates could be higher for longer, says Morgan Stanley
While India’s labour force participation rate (LFPR) has continued to increase over the last 5 years, it is important to look at the quality of jobs being created.
India's GDP growth is forecast to slow to 7% in FY25 but improve to 7.2% in FY26.
The investment rate, or the proportion of GFCF in GDP, leaped to 32.4% in the December quarter, up from 31.8% in the same quarter the previous year.
India's output growth is expected to reach 7.5% in FY24, says World Bank
Non-bank micro credit lenders have widened their lead over banks with 39% market share.
The strong evidence of emerging economy central bank rate actions is predicated by advanced economy actions, but India is an exception, says SBI
MSCI methodology makes India underweight in global indices. As a result, investors fail to capitalise on Indian equities.
Morgan Stanley expects growth to be broad-based and the gaps between rural-urban consumption and private-public capex to narrow in FY25.