Economy News ( English version)


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  • India's GDP growth can average 7.5% till 2030: Nomura April 23, 2024
    The Tokyo-headquartered investment banking firm said India's GDP growth is likely to average 7% from 2024-25 to 2029-30.
  • Why is extreme weather posing a risk to inflation according to RBI Bulletin April 23, 2024
    The Reserve Bank of India's April Bulletin highlights the risk of inflation due to extreme weather conditions and geopolitical tensions. The retail inflation based on the CPI has eased to 4.9% in March. The global growth momentum has been sustained in the first quarter of 2024, and the outlook for world trade is positive. India's economy is poised […]
  • RBI economists cautious as inflation risks linger April 23, 2024
    They are flagging off risks from extreme weather conditions that would pose risks to inflation along with risks from the geopolitical tensions that could flare up crude prices. In their assessment of the economy, the RBI economists in its latest monthly bulletin also say that the economy has to grow 8-10 percent every year to reap the demographic dividend. […]
  • Action plans for banana, mangoes exports among 20 agricultural products in works April 23, 2024
    “We have identified 20 products. At present, India’s share is low in global exports. We are working on a detailed action for all these products,” said Rajesh Agarwal, additional secretary, department of commerce, adding that the action plan will be discussed with all the stakeholders including states for further action.
  • Morgan Stanley forecasts strong Indian GDP growth amid robust domestic demand April 23, 2024
    Morgan Stanley is optimistic about India's economic growth due to strong domestic demand. The firm forecasts GDP growth of 6.8% in 2024-25 and 6.5% in 2025-26. It predicts inflation to be around 5% in the second quarter, easing to 4.1% in the second half of 2024. The current account deficit is expected to remain within 1-1.5% of GDP in 2025-26. The Rese […]

 

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