India’s GDP growth is forecasted to decline to 6.8% in 2024-2025 due to rising interest rates and limited fiscal stimulus, according to Crisil. While Q2 growth was only 5.4%, positive indicators suggest a potential rebound in Q3. Agricultural growth is promising, driven by a strong monsoon, which may help reduce food prices and boost rural consumption.
Related Posts
Levi’s bets big on India as it chases $10 billion target
Levi Strauss & Co aimed to expand its business from $6.2 billion to $10 billion globally, with a significant focus on India. CEO Michelle Gass […]
Stock market investors take note! 3 changes in transaction charges, STT, buyback taxation from October 1, 2024 you should know
From October 1, 2024, Indian stock market investors will encounter revised transaction fees from BSE and NSE, increased securities transaction tax on futures and options […]
Bitcoin rises to record after longest weekly winning run since 2021
Bitcoin soared to a new all-time high, fueled by President-elect Trump’s pro-crypto stance and plans for US dominance in the sector. The surge, exceeding $106,000, […]