New thinking needed for India’s economy, can’t progress when handful accrue its benefits: Rahul Gandhi

New thinking needed for India’s economy, can’t progress when handful accrue its benefits: Rahul Gandhi

Congress leader Rahul Gandhi expressed concern on Sunday over India’s GDP growth rate declining to its lowest in two years and said the country’s economy cannot progress as long as a handful of billionaires accrue its benefits. He said a new thinking is required for India’s economy and a new deal for businesses should be … Read more

Fitch Ratings Upgrades India’s GDP Growth Forecast To 7% For 2024-25 Fiscal Year

Fitch Ratings Upgrades India’s GDP Growth Forecast To 7% For 2024-25 Fiscal Year

They raised its growth rate estimate for the US to 2.1%. In its latest Global Economic Outlook, the rating agency noted that India’s economic growth is outperforming quarterly estimates, propelled by a surge in domestic demand. Fitch Ratings, an American credit rating agency, has revised its forecast for India’s gross domestic product (GDP) growth rate … Read more

PM talking up transformative GDP but what matters is annual growth rates over longer period: Congress

PM talking up transformative GDP but what matters is annual growth rates over longer period: Congress

NEW DELHI: The Congress on Sunday said Prime Minister Narendra Modi and finance minister Nirmala Sitharaman are “repeatedly talking up” transformative GDP growth based on the recent July-September numbers but what matters more is annual growth rates over a longer period.Annual average GDP growth rate during the UPA government was 8.1 per cent against 5.4 … Read more