India posts fastest growth in six quarters
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India’s march toward becoming a $5 trillion economy has been a central theme in policy and investor discussions. Now, Vishrut Rana, Asia Pacific Economist at S&P Global Ratings, believes the milestone could be reached as early as 2028—beating the International Monetary Fund’s (IMF) estimates.
The International Monetary Fund issued a most unusual rebuttal this month. Its spokeswoman Julie Kozack told reporters in Washington that executive director Krishnamurthy Subramanian’s growth forecast of 8% for India did not represent the views of the ...
India, the world’s fastest growing major economy, is not firing on all cylinders. That’s a problem for Narendra Modi, who has just won a third consecutive five-year term as prime minister, although without a simple majority. The 73-year-old wants to ...
Despite growing global uncertainties, India’s economy maintained its remarkable resilience in the early months of 2024. But economic projections for the 2024–2025 fiscal year show a slowing growth rate, driven primarily by depressed consumer demand.
Projections indicate that India is poised to surpass Japan and Germany, positioning itself as the world’s third-largest economy by 2027, according to a note published by analysts at the investment banking firm Jefferies yesterday. One decade ago, India ...
Indians have started casting their votes in an election that’s expected to hand Prime Minister Narendra Modi another five years in office to steer the country’s rapid economic expansion. Under his leadership, India is poised to become a 21st-century ...
India’s National Policy on the Blue Economy has been in the making since 2021, when a draft policy was launched. Since then, the government has made periodic claims of nearing the promulgation of a final policy. A host of factors, including bureaucratic ...
At the core of this transformation is Indian Railways, serving as the nation’s largest mobility and freight backbone—moving raw materials, finished goods and millions of citizens every day.