economic growth: UN upgrades India’s 2024 growth forecast to 6.9% from 6.2%

economic growth: UN upgrades India’s 2024 growth forecast to 6.9% from 6.2%

The United Nations has revised upwards India’s growth projections for 2024, with the country’s economy now forecast to expand by close to seven per cent this year, mainly driven by strong public investment and resilient private consumption. The World Economic Situation and Prospects as of mid-2024, released Thursday, said, “India’s economy is forecast to expand … Read more

India’s Economic Affairs Secretary tells WB committee

India’s Economic Affairs Secretary tells WB committee

Washington: Despite a challenging global scenario, India’s economy has shown robust growth over the past year backed by sustained consumption and investment demand, a top Indian official told members of a World Bank committee here. The GDP growth estimate for the fiscal, which has been revised upwards from 7.3 per cent to 7.6 per cent … Read more