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
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Indian economy is expected to grow at an even higher rate of 8.2 per cent in FY2024, as per S&P report
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The highest FDI continues to flow in the services sector, followed by manufacturing (excluding computer hardware)
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Niti Aayog's vision for 'Viksit Bharat' aims for a USD 30 Trillion economy by 2047
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The 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
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According 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.
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The report projects a steady increase in India's infrastructure investment
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World Bank said India will remain the fastest-growing of the world's largest economies
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According to the report, the Reserve Bank of India (RBI) interventions are expected to limit any rupee volatility
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Ind-Ra's analysis underscores the significance of this shift, projecting a GDP growth of 7.1 per cent for FY25
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