In its semiannual economic review for FY24, the ministry said while there’s widespread optimism about India’s growth prospect among domestic and foreign investors, the risks to growth and stability will primarily emanate from external factors.
Interestingly, Reserve Bank of India (RBI) recently revised India’s growth outlook from its earlier estimate of 6.5% to 7%, after it surpassed expectations, clocking impressive growth of 7.6% in Q2, to retain its crown as the fastest growing major economy in the world. India clocked 7.8% gross domestic product growth in Q1 FY24.
Denne historien er fra December 30, 2023-utgaven av Mint Mumbai.
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Denne historien er fra December 30, 2023-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Will routine investors in Indian stocks keep calm and carry on?
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Zydus Life reports strong Q2 growth
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Mondelez FY24 net profit up 72%
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DBS's next India CEO is Rajat Verma
DBS's India unit has nominated its head of institutional banking, Rajat Verma, to be the bank's new chief executive officer, two people familiar with the matter said.
Air India Express to reconfigure planes
Air India Express plans to start reconfiguration of planes having business class seats from April 2025, as the airline focuses on operating narrow-body planes with only economy class seats, according to a senior official.
