World Bank cuts India's FY24 GDP growth forecast to 6.3%
Rising borrowing costs and slower income growth will weigh on private consumption growth, says World Bank.
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India’s GDP growth to decelerate to 6% in FY24 amid external slowdown: ICRA
In its latest economic outlook report, the ratings agency says the weak monsoon poses downside risk of up to 50 basis points (50 bps).
Digitally skilled workers add ₹10.9 lakh cr to India’s GDP: Study
As per the study, as many as 91% of workers in India who have advanced digital skills have higher job satisfaction than those who have basic digital skills.
India's GDP to grow 6.9% in FY23, says World Bank
The current estimate is 0.4 percentage points higher than the previous forecast done by the World Bank in October.
S&P Global cuts India’s GDP forecast by 30 bps to 7% for FY23
Earlier the rating agency had projected the country’s economic growth to be at 7.3% for the current fiscal year.
Drones to boost India’s GDP by $100bn, create 5 lakh jobs: WEF
The latest report outlines the potential for drone-based transformation of Indian agriculture and provides a framework for the development of scalable pilots.
Fitch slashes India's FY23 GDP forecast to 7%
Fitch Ratings expects the RBI to continue raising repo rate to 5.9% before year-end.
There is no chance of 8-8.5% GDP growth: Bibek Debroy
Bibek Debroy believes Budget 2023 is extremely important to articulate the central government's medium-term plan to push economic growth amid global uncertainties.
GDP growth to slow down for 3rd straight quarter, show estimates
India’s GDP growth lost momentum in Q4 of FY22, primarily due to geopolitical tensions, including the Russia-Ukraine war, higher commodity prices and Omicron-induced curbs.
