Tag: private consumption
Easing inflation to drive private consumption, fuel growth: RBI
The household consumption is poised to grow faster in the second quarter with easing headline inflation and revival of rural demand, the RBI bulletin stated,…
World Bank ups India growth forecast to 7% amid global turbulence
New Delhi: The World Bank Tuesday raised the growth forecast for the Indian economy for FY25 to 7% from 6.6% projected earlier, led by a…
Moody’s ups India’s 2024, 2025 growth forecast
New Delhi: Moody’s Ratings Thursday revised upwards India’s economic growth projections for 2024 to 7.2% from 6.8% on signs of a revival in rural demand…
Budget news: Modi govt may push big reforms in Budget 2024 to fix a major chink in armour: Economists
NEW DELHI: Despite emerging as the fastest-growing major economy in recent years, experts still seek Finance Minister Nirmala Sitharaman to take measures in the upcoming…
World Bank trims FY24 India growth, sees sharp slowdown in global economy
The World Bank has revised downwards its 2023-24 growth forecast for India due to a drag in private consumption and a sharp global slowdown but…
Private consumption continues to be supported by pent-up demand: Finance Ministry
Private consumption in India is witnessing continued momentum and its estimated to grow at 7.3 per cent in 2022-23, reflecting the rebound demand witnessed in…