The Asian Development Bank (ADB) on Wednesday maintained India's GDP growth forecast at 7 per cent for the current financial year, citing that a rebound in agriculture is expected given above-normal monsoon projections.
The ADB forecast comes a day after the International Monetary Fund revised upward its GDP growth projections for India to 7 per cent compared to 6.8 per cent projected in April.
Last month, the Reserve Bank of India (RBI) revised upward its growth forecast to 7.2 per cent, from 7 per cent estimated earlier.
This story is from the July 18, 2024 edition of The Free Press Journal.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the July 18, 2024 edition of The Free Press Journal.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Enough is Enough missile from Prez
Declaring that \"enough is enough\", President Droupadi Murmu on Wednesday said it is time for India to wake up to the \"perversion\" of crimes against women and counter the mindset that sees women as \"less powerful, less capable, less intelligent\".
12 new 'smart' industrial city projects in 10 states
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved 12 projects worth Rs28,602 crore, covering 10 states, under the National Industrial Corridor Development Programme (NICDP) to \"boost economic growth and global competitiveness\".
Modi's fuzzy peace path from Moscow to Kyiv
It is not often that Viswagurus get lectured by stand-up comedians. But that's precisely what seems to have happened in Kyiv six days ago, on August 23, when Prime Minister Narendra Modi landed there, with his two closest and wisest foreign policy wonks, Dr S Jaishankar and Dr (D Litt, conferred, Central University of Punjab) Ajith Doval, as if they were twin characters in a French Comic strip.
Big UP rewards for influencers
But action will be taken under legal provisions for 'anti-national', 'obscene' and 'objectionable' content
Bail comes with HC's 'clean chit'
HC grants bail to Pune builder; comments on merits of the PMLA case, says there are grounds to believe he is not guilty
Fire sermon from fiery Didi
Blames Modi for creating 'unrest'; says if Bengal burns, then so will Assam, Bihar...We will rattle the Delhi chair
Mahayuti calculations collapse
The Chhatrapati Shivaji statue collapse incident is set to change the political narrative in poll-bound Maharashtra.
THACKERAY-RANE MALVANI MASALA
STATUE ROW - Face-off between supporters of both sides
Wolves strike Terai children, raise hackles
In the Mahsi Tehsil area of Bahraich district, Uttar Pradesh, the nights have turned into scenes reminiscent of a horror thriller.
'Dighi smart city to help achieve $1 tr economy'
The Maharashtra government's ongoing infrastructure development plan received a major boost after the Union Cabinet's approval for the development of the Dighi Port Industrial Area in the coastal Raigad district as the industrial smart city.
