GDP

India To Surpass Japan and Germany In Economic Growth

India To Surpass Japan and Germany In Economic Growth

The annual meeting of Tamil Magazine ‘Thuglak’ took place in Chennai on January 14, 2025. It was the 51st anniversary of Thuglak, which Cho Ramaswamy founded on January 17, 1970. Many politicians, including Amit Shah, LK Advani, and PM Narendra Modi, attended this annual meeting.  Piyush Goyal, the Union Minister of Commerce and Industry, addressed…

India’s GDP Expected To Grow At 6.4% In The FY25

India’s GDP Expected To Grow At 6.4% In The FY25

On January 7, 2025, the centre released estimates for India’s GDP (Gross Domestic Product) growth rate in the current fiscal year. According to this estimation, the country’s GDP is predicted to grow at 6.4% in the fiscal year 2024-25, marking a four-year low and a sharp decline from 8.2% in FY24. A recent report from…

RBI’s 5th Monetary Policy For The Financial Year 2024-25

RBI’s 5th Monetary Policy For The Financial Year 2024-25

After a two-day meeting of the MPC (Monetary Policy Committee) amid worrying headline inflation and GDP (Gross Domestic Product) figures, the 5th monetary policy of the current financial year 2024-25 will be unveiled today. Shaktikanta Das, the Governor of the RBI (Reserve Bank of India), will unveil the policy. This review will offer a framework…

IMF FY25 Forecast: India Grows At 7% & US At The Helm

IMF FY25 Forecast: India Grows At 7% & US At The Helm

The International Monetary Fund (IMF) released its latest World Economic Outlook (WEO) on Tuesday, sharing a positive outlook on India’s growth trajectory. The multinational lender IMF forecasted that India will grow at 7% in the current fiscal year, which will end on March 31, 2025. IMF expects India to grow at 6.5% in FY25-26. IMF…

Rising External Debt, Falling Debt-to-GDP Ratio

Rising External Debt, Falling Debt-to-GDP Ratio

In its latest report, the Reserve Bank of India has provided key insights into India’s economic indicators. The report highlights that India’s external debt has increased by $39.7 billion, reaching a total of $663.8 billion by the end of March 2024. These figures would have been slightly higher if the valuation effect had not been…

India Expected To Witness GDP Growth By Virtue Of AI

India Expected To Witness GDP Growth By Virtue Of AI

According to a report titled “AI Adoption Index” by The National Association of Software and Services Companies (NASSCOM), the Indian economy may witness an addition of $500 Billion By 2025 to its GDP. This addition to the GDP is a result of the adoption of including artificial intelligence in economic functioning.  “The pandemic has made…

World Bank Cuts India’s GDP Forecast to 6.5%

World Bank Cuts India’s GDP Forecast to 6.5%

The World Bank reduced India’s growth prediction for 2022-23 (April-March) by 100 basis points, forecasting that the Indian economy will grow at 6.5 per cent, down from 7.5 per cent in June. India’s GDP registered a growth of 8.7 per cent in 2021-22. The Bank marked in its latest South Asia Economic Focus, issued ahead…

India Becomes World’s 5th Largest Economy- Beats The UK 

India Becomes World’s 5th Largest Economy- Beats The UK 

India has left behind the United Kingdom to become the world’s 5th largest economy.  As per IMF projections, India is now following only the United States, China, Japan, and Germany in terms of economy.  A decade ago, India was ranked 11th position among the largest economies, while the United Kingdom ranked on fifth place. With…

World Economy Is Battered, India’s Q1 GDP Numbers Are Out

World Economy Is Battered, India’s Q1 GDP Numbers Are Out

Europe’s economy is encountering severe inflation due to the Russian-Ukraine war and endangering energy shortage, and now all eyes are on India, as its Quarter 1 GDP growth is 13.5%.  2022 was expected to be the year of bouncing back after two tough phases of the pandemic, but the economies worldwide are not completely recovered…

11 Top And Fastest-Growing Industry In India

11 Top And Fastest-Growing Industry In India

In this post, we will rank the fastest growing industry in India based on the growth over the last few years and overall contribution to the country’s GDP. The Covid-19 pandemic has significantly changed the face of the market and we have seen several emerging trends which have greatly affected various industries and businesses around…

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