The spike in gold imports after the duty cut is likely to bloat the Q2FY2025 current account deficit (CAD) to 2.0 per cent of gross domestic product (GDP) from 1.1 per cent of GDP in Q1 FY2025, says Icra
Read MoreIndian economy is expected to grow at an even higher rate of 8.2 per cent in FY2024, as per S&P report
Read MoreThe highest FDI continues to flow in the services sector, followed by manufacturing (excluding computer hardware)
Read MoreNiti Aayog's vision for 'Viksit Bharat' aims for a USD 30 Trillion economy by 2047
Read MoreThe government is likely to temper down its borrowing compared to the amount pencilled in the interim budget estimates, depending on the magnitude of reduction in the fiscal deficit number
Read MoreAccording to S&P, India's GDP is projected to grow at a rate of 6.7 per cent in 2024 and 6.3 per cent in 2025.
Read MoreThe report projects a steady increase in India's infrastructure investment
Read MoreWorld Bank said India will remain the fastest-growing of the world's largest economies
Read MoreAccording to the report, the Reserve Bank of India (RBI) interventions are expected to limit any rupee volatility
Read MoreInd-Ra's analysis underscores the significance of this shift, projecting a GDP growth of 7.1 per cent for FY25
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