India’s GDP Slows to Seven-Quarter Low of 5.4% in Q2 2024-25: NSO Report In a recent report by the National Statistical Office (NSO), India’s Gross Domestic Product (GDP) has recorded a growth rate of 5.4% for the second quarter of the financial year 2024-25. This marks the lowest growth rate in the past seven quarters,…
NIPFP Lowers India’s FY25 GDP Growth Estimate to 6.9-7.1% The National Institute of Public Finance and Policy (NIPFP) has recently revised its growth forecast for India’s Gross Domestic Product (GDP) for the fiscal year 2024-25 (FY25). The new estimate stands at a range of 6.9% to 7.1%, a downward adjustment from previous forecasts. This revision…
Key Highlights from the Economic Survey 2023-24 Introduction to the Economic Survey 2023-24 The Economic Survey 2023-24, presented by the Ministry of Finance, offers a comprehensive review of the Indian economy’s performance over the past fiscal year. This document serves as a crucial indicator of the country’s economic health and provides insights into key economic…
India’s Core Sector Growth Rises to 6.2% in April India’s core sector growth witnessed a substantial rise, reaching 6.2% in April. This surge marks a significant recovery from the previous month’s growth rate of 6.1%. The core sectors, comprising coal, crude oil, natural gas, refinery products, fertilizers, steel, cement, and electricity, play a crucial role…
Indian Economy Grew 7.4% in Q4 FY24, 8% in FY24: SBI Research Report The Indian economy has displayed remarkable resilience in the face of challenges, growing at a robust pace despite global uncertainties. According to a recent SBI research report, the economy surged ahead, recording a growth rate of 7.4% in the fourth quarter of…
India’s GDP to Grow by 6.8% in FY25: S&P Global India’s Gross Domestic Product (GDP) is anticipated to expand by 6.8% in the fiscal year 2024-25, according to a recent report by S&P Global. This forecast comes amidst efforts to bolster economic growth in the country. The anticipated growth rate reflects both domestic initiatives and…
India’s FY24 GDP Growth Projection at 7.3% as Per NSO Data The National Statistical Office (NSO) recently unveiled its projection for India’s Gross Domestic Product (GDP) growth rate for the fiscal year 2024. According to the NSO data, India’s GDP is anticipated to grow at a rate of 7.3%, showcasing a promising trajectory for the…
IMF Raises India’s FY24 GDP Growth Forecast to 6.3% In a significant development for the Indian economy, the International Monetary Fund (IMF) has raised its GDP growth forecast for India in the fiscal year 2024 to 6.3%. This positive revision comes as a boost to the aspirations of millions of students preparing for various government…
India’s GDP Growth Accelerates to 7.8% in April-June Quarter The Indian economy has been a topic of significant interest for aspirants preparing for government exams, including those aiming for positions as teachers, police officers, banking professionals, railway personnel, and civil service positions like PSCS to IAS. One crucial aspect of the economy that candidates need…
GDP Expected to Grow 6-6.5% in FY24: BOB ECO Research The Indian economy is showing signs of recovery as the GDP growth rate for the fiscal year 2024 is projected to be between 6% and 6.5%. According to the latest report by BOB ECO Research, a leading economic research institute, the country is expected to…
