India’s Private Consumption Surges To $2.1 Tn In 2024: Report
The report states that as disposable incomes rise, rural food expenditure has dropped from 60 per cent to 47 per cent
Consumer
consumer
Economy
Economy
National
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India’s GDP Growth Expected To Climb To 7.8% In FY25: Bank of Baroda
- by BW Retail World Bureau
- March 5, 2024
India’s gross domestic product (GDP) is likely to grow at 7.8 per cent in the financial year (FY) 2025 which is marginally higher than the estimated increase of 7.6 per cent in FY24 on a year-on-year (YoY) basis, the Bank of Baroda (BoB) said in a report. The report added that private consumption is likely […]
Economy
Feature
News
India’s Q3FY24 Growth Surprises At 8.4%, But Experts Urge Caution
- by Sheikh Rishad
- March 2, 2024
Economists predict that the divergence between India’s industrial and service sectors will normalise in the next few quarters The Indian economy grew at an impressive rate of 8.4 per cent in Q3FY24, surpassing economists’ expectations of 6.6 per cent growth. However, it is important to interpret the headline growth figure with caution as there are […]
Government
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India’s Economy Projected To Grow By 6.5% In FY24: Finance Ministry
- by BW Retail World Bureau
- December 1, 2023
Hours after the Union Finance Ministry stated that the Indian economy grew 7.6 per cent during the July-September quarter of the current financial year 2023-24, it said that India’s GDP is expected to grow by 6.5 per cent in financial year 2024. Growth projections for Financial Year 2024 indicate that India will grow by 6.5 […]