INDIA WILL REMAIN FASTEST-GROWING MAJOR ECONOMY IN FY'24
The Business Guardian|October 24, 2023
September edition of Monthly Economic Review also flagged that global uncertainties have been compounded by recent developments in the Persian Gulf
INDIA WILL REMAIN FASTEST-GROWING MAJOR ECONOMY IN FY'24

According to a report from the finance ministry on Monday, India is poised to maintain its status as the world’s fastest-growing major economy in the fiscal year 202324. This projection is attributed to the nation’s robust domestic fundamentals and favorable expectations for inflation.

In the September release of the Monthly Economic Review, it was noted that the prevailing global uncertainties have been further complicated by recent events in the Persian Gulf. Depending on the evolution of this situation, there is the possibility that crude oil prices could experience an upward trajectory.

In the midst of ongoing global uncertainties and the relentless supply of US Treasuries coupled with the potential for continued restrictive monetary policy in the United States, India is cautiously navigating the economic landscape for the fiscal year 2023-24. This is according to a report released by the Ministry of Finance, which highlights both the positive domestic fundamentals supporting India’s economic outlook and the potential challenges posed by external factors.

هذه القصة مأخوذة من طبعة October 24, 2023 من The Business Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة October 24, 2023 من The Business Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من THE BUSINESS GUARDIAN مشاهدة الكل
PM MODI DEDICATES THREE PARAM RUDRA SUPERCOMPUTERS TO NATION
The Business Guardian

PM MODI DEDICATES THREE PARAM RUDRA SUPERCOMPUTERS TO NATION

\"The three supercomputers launched today will help in advanced research from physics, earth science, and cosmology.\"

time-read
2 mins  |
September 27, 2024
The Business Guardian

India's pvt investment cycle is strengthening: Govt's report

Manufacturing, financial services, communication services, computer services, and electricity and other energy sectors accounted for more than three- fourths of the gross FDI inflows.

time-read
1 min  |
September 27, 2024
The Business Guardian

India recorded 227 IPOs, total value of $12.2 billion in first 8 months of 2024: Report

TDG NETWORK NEW DELHI India recorded 227 IPO listings, with a total deal value of USD 12.2 billion in the first eight months of 2024.

time-read
1 min  |
September 27, 2024
The Business Guardian

Govt seeks to raise ethanol blending target to 25 pc: Food Minister

The government has also allowed sale of 23 lakh tonne of rice by the Food Corporation of India (FCI) to grain-based ethanol distilleries.

time-read
1 min  |
September 27, 2024
The Business Guardian

Indian stock indices log record highs for fifth consecutive session; Sensex nearing 86,000

Stock indices in India continued to march ahead, touching fresh highs for the fifth straight session on Thursday.

time-read
1 min  |
September 27, 2024
The Business Guardian

India set to achieve 6.5-7 pc GDP growth in FY25: FinMin report

India is set to achieve 6.5-7 per cent GDP growth in the current financial year as indicated by the movements in high-frequency indicators till August, a finance ministry report said on Thursday.

time-read
1 min  |
September 27, 2024
Harris is making a 'capitalist' pitch to boost the economy
The Business Guardian

Harris is making a 'capitalist' pitch to boost the economy

\"As president, I will be grounded in my fundamental values of fairness, dignity and opportunity,\" Harris said. \"And I promise you, I will be pragmatic in my approach.\"

time-read
1 min  |
September 27, 2024
The Business Guardian

Trump's misleading claims on election fraud target overseas voters

Donald Trump this week claimed without evidence that anyone living overseas can get a ballot mailed to them, even : if they are not eligible to vote, falsely accusing Democrats of subverting a 1986 law to win in November.

time-read
1 min  |
September 27, 2024
The Business Guardian

Will expel migrants under key Biden immigration programmes: Trump

Former President Donald Trump, who has made antiimmigration rhetoric a key part of his reelection campaign, warned Wednesday that he would kick out hundreds of thousands of ime migrants who have entered the country under two key Biden administration programs if he's reelected.

time-read
1 min  |
September 27, 2024
The Business Guardian

Saj Hotels limited IPO opens on 27th september, 2024

Our company is engaged in Hospitality industry.

time-read
2 mins  |
September 27, 2024