Good news has come from credit ratings and research agency Moody’s for India’s economy. In fact, Moody’s has increased India’s growth rate forecast for 2024 and 2025. Moody’s has increased the real GDP growth forecast from 6.8 percent to 7.2 percent in 2024, while India’s growth rate forecast for 2025 has been increased from 6.4
Goldman Sachs has reduced the growth rate forecast for India’s GDP. According to a Bloomberg report, Goldman Sachs has cut India’s GDP forecast by 20 basis points for this year and next year, citing a reduction in expenditure by the central government. The bank now expects the country’s economy to grow at 6.7 percent in
The growth rate for the April-June quarter will be announced at the end of this month. Before its release, rating agency ICRA has made a big estimate about India’s growth rate. ICRA’s report says that the Indian economy will not be able to perform strongly in the first quarter of 2024-25. The rating agency has
The IMF had raised its forecast for India’s GDP growth to 6.8% from 6.5% in April. (Representational) Bengaluru: The International Monetary Fund on Tuesday raised India’s growth forecast for 2024-25 to 7% from 6.8% on the back of improving private consumption, particularly in rural India. The IMF left unchanged its estimate for a 6.5% growth