Moody’s Ratings boosted India’s GDP growth forecast to 7.2% for 2024 and 6.6% for 2025, highlighting solid growth and moderating inflation as key factors. The update also notes improvements in corporate balance sheets, rural demand, and digital infrastructure investments, signaling a robust economic outlook for the country. The ratings agency noted that growth could exceed projections if private consumption gains additional traction.
Related Posts
Stock market today: BSE Sensex reclaims 81,000; Nifty50 above 24,500
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Thursday. While BSE Sensex moved above 81,000, Nifty50 was […]
Rupee may depreciate 8-10% during 2nd Trump presidency, says SBI report
The State Bank of India predicts the Indian Rupee might weaken against the US dollar if Donald Trump returns to power, potentially reaching between Rs […]
‘Mr Modi is fantastic…’: Prem Watsa, known as ‘Canada’s Warren Buffett’, says India can grow at 10% under PM Modi
Prem Watsa, CEO of Fairfax Financial Holdings, has expressed confidence in India’s potential to achieve double-digit economic growth under Prime Minister Narendra Modi. Praising initiatives […]