The agency has forecast a 7.2% growth for India in the calendar year 2024, followed by 6.6% in 2025 and 6.5% in 2026. | Photo Credit: Reuters Amid concerns about some slackening of the growth momentum with weakening urban demand and underwhelming corporate results in the July to September quarter or Q2, Moody’s Ratings on … Read more
Union Finance Minister Nirmala Sitharaman addresses an audience at the Shrimati Indira Gandhi College in Tiruchirappalli on March 16, 2024. | Photo Credit: ANI Union Finance Minister Nirmala Sitharaman on March 16 said India needs economic freedom to achieve developed nation status by 2047 and assured that the country would move to the third spot … Read more
Unfortunately, ‘wise’ , ‘efficient’ and ‘government expenditure’ don’t usually feature in the same sentence. | Getty Images | Photo Credit: Getty Images “The Indian economy is expected to grow at an average rate of 6.7% per annum until the end of the decade,” CRISIL said in its latest report. The economy will grow at this … Read more
Image used for representative purpose only. | Photo Credit: Reuters Fresh investment plans almost halved between October and December 2023 from the previous quarter, with public capital expenditure projects tripping at a faster pace of almost 60%, while proposed private sector outlays fell 35%. This marked the third successive quarter of sequential decline in new … Read more
