The gross domestic product (GDP) growth forecast for the financial year 25-26 has also been retained at 6.9 per cent for India by S&P Global Ratings
Read MoreThe data highlights that India took 63 years, from 1947 to 2010, to reach a gross domestic product of USD one trillion
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 report mentions that the continued reforms are crucial to improving business transactions and logistics, boosting private sector investment, and reducing reliance on public capital
Read MoreEarlier, Citigroup report reveals that India “will struggle to create sufficient employment opportunities” even with a 7 per cent economic growth rate
Read MoreThis growth follows a period of slowed expansion over the previous nine months, primarily due to elevated airfares and limited capacity additions
Read MoreThe minister also added that the government has taken various steps to improve the ease of doing business in the country, because of the efforts by the government
Read MoreThe RBI said that the receding of inflation pressures has pushed rural spending, driving a catchup with urban consumption volumes
Read MoreIndia's inclusion in the Global MSCI index reflects the rising interest of foreign investors, a positive sign for future investments
Read MoreAccording to official data of the Indian government, the country's GDP grew at an impressive 8.2 per cent during the financial year 2023-24
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