Fitch Ratings stated that if India's Financial sector does not go down by 2021-22 then it will witness a growth of 9.5 percent.
Two days back, The IHS Markit had released its India Manufacturing Purchasing Manager’s Index, which showed an increase in manufacturing activity in the country. The index had risen to 55.3 in January from 52.7 in December.
India’s Prime Minister Mr Narendra Modi has declared his vision of making India a $5 trillion economy by 2024.
India’s GDP grew by 6.8% in the last financial year, quarterly rate fell below 6% in the last quarter
The GDP growth rate for the financial year 2018-19 was 6.8% at constant price, and 11.2% at the current price.
In the eight sectors, only crude oil production declined, all other seven sectors saw positive growth in March 2019.
One underlying reason for India’s growth to accelerate are the fact that the economy is now well transitioned from the tectonic shifts it went through due to successive reforms.
Jaunpur patilaa, Aligarh locks, Bhopal phones: While Rahul Gandhi talks, Make In India is delivering results
Rahul Gandhi wants every city where he holds a rally to be a global mobile phone manufacturing hub
The numbers are a strong refutation of the claims made by the opposition parties that the economy is in tatters.
This is the new ground reality politicians in India have to contend with. False narratives will be called out
In their embarrassment, the media is trying to bury the reporting of the India story
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