Indian economy may grow by average 6.7% till FY31, says S&P Global:

Indian economy may grow by average 6.7% till FY31, says S&P Global:

Daily Current Affairs   /   Indian economy may grow by average 6.7% till FY31, says S&P Global:

Change Language English Hindi

Category : National Published on: August 07 2023

Share on facebook
  • Expressing confidence in the medium-term growth potential of the Indian economy, S&P Global in its report titled ‘Look Forward: India’s Moment’, projected an average annual growth of 6.7 per cent from the fiscal year 2023-24 (FY24) to FY31, with capital accumulation as the main driver of this growth. This increase would correspond to a per capita GDP of around $4,500.
Recent Post's
  • The Supreme Court condemned the Uttar Pradesh government and Prayagraj Development Authority for "inhuman and illegal" demolitions in Prayagraj, ordering ₹10 lakh compensation to affected homeowners.

    Read More....
  • In Myanmar, a 7.7-magnitude earthquake has left over 2,700 dead, with survivors facing dire shortages of food, water, and shelter amid ongoing civil strife.

    Read More....
  • India's imposition of a 100% tariff on U.S. agricultural products has prompted the White House to call for reciprocal measures before the April 2 deadline.

    Read More....
  • China's Foreign Minister expressed optimism about U.S. and Russian efforts to normalize relations, viewing them as encouraging developments.

    Read More....
  • A massive fire, presumably due to a burst gas pipe, erupted near Kuala Lumpur, Malaysia, injuring over 100 people and damaging at least 49 houses.

    Read More....
  • India's World Boxing Cup campaign began on a disappointing note as Lakshya Chahar lost in the opening bout.

    Read More....
  • Lawyers plan to boycott Justice Sharma's swearing-in ceremony and may abstain from his court sessions, urging the Chief Justice not to assign him judicial work.

    Read More....
  • Seasoned women's hockey forward Vandana Katariya announced her retirement from international play, ending a distinguished career.

    Read More....
  • The WHO classified Myanmar's earthquake as a top-level emergency, seeking $8 million for urgent medical aid and disease prevention.

    Read More....
  • Former President Donald Trump warned Iran of severe consequences, including potential bombing, if it rejects the U.S.-proposed nuclear deal.

    Read More....