economic growth: UN upgrades India’s 2024 growth forecast to 6.9% from 6.2%

economic growth: UN upgrades India’s 2024 growth forecast to 6.9% from 6.2%

The United Nations has revised upwards India’s growth projections for 2024, with the country’s economy now forecast to expand by close to seven per cent this year, mainly driven by strong public investment and resilient private consumption. The World Economic Situation and Prospects as of mid-2024, released Thursday, said, “India’s economy is forecast to expand … Read more

Moody’s lifts GDP forecast to 6.8% from 6.1% for 2024

Moody’s lifts GDP forecast to 6.8% from 6.1% for 2024

Representative image (File Photo) NEW DELHI: Global ratings agency Moody’s Investors has raised India’s GDP growth forecast for 2024, citing strong demand momentum and fading global headwinds.“India’s economy has performed well and stronger-than-expected data in 2023 has caused us to raise our 2024 growth estimate to 6.8% from 6.1%. India is likely to remain the … Read more