Tuesday, March 5, 2024

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economy growth

Indian GDP grew by 7.6% during the July-September quarter, remains the fastest-growing major economy

Indian GDP grew 7.6 per cent during the July-September quarter of the current financial year 2023-24, remaining the fastest-growing major economy.

India’s GDP grows by 13.5% in the first quarter of the financial year 2022-23, fiscal deficit under control

GDP at constant prices reached ₹ 36.85 lakh crore in the April-July 2022 quarter, showing a growth of 13.5^

IMF, which predicted India cannot become a $5 trillion economy before 2028-2029, changes its forecast: Reports

The contentious claim that Bangladesh has overtaken India in terms of GDP per capita has also been revised by IMF.

India to become 5th largest economy in the world by 2025, projects UK based think tank

As per projections by UK-based think tank Centre for Economics and Business Research (CEBR), Indian economy will overtake UK by 2025

A week after Rajiv Bajaj blamed Modi govt for ‘economic slow-down’, Bajaj Auto records highest-ever monthly sale

Contrary to claims made by Rajiv Bajaj, his company has made record sales in October 2020 amid the Chinese coronavirus pandemic.

IMF projects a contraction of 10.3% this year and a growth rate of 8.8% for the Indian economy in 2021

Noting the severe effects of lockdown on Indian economy, the World Bank said that India needed to continue with critical reforms to reverse the sudden effects of the pandemic.

Ease of lockdown restrictions shows signs of economic recovery, e-commerce sales almost return to pre-lockdown levels

An increase in sales have been reported by various sectors of the economy following the easing of Lockdown restrictions by the govt

Atmanirbhar Bharat Abhiyan: Fourth tranche of economic package focuses on 8 sectors including coal, aviation and defence

FM Sitharaman while announcing the fourth tranche of the Rs 20 lakh crore package said that by building a self-reliant India, the country needs to prepare for global competition.

GST collection crosses Rs 1 lakh crore in December with 16 percent annual growth, second month in a row

According to the press release, Arunachal Pradesh showed the highest rate of growth of gross GST in December at 124%, while GST collection in Lakshadweep fell by 78% and in Jharkhand by 3%.

How realistic is Prime Minister Modi’s target of making India a $5 trillion economy by 2024

India’s Prime Minister Mr Narendra Modi has declared his vision of making India a $5 trillion economy by 2024.

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