Moody’s Ratings raises India’s GDP growth forecast to 7.2 percent for fiscal year 2024

Daily Current Affairs / Moody’s Ratings raises India’s GDP growth forecast to 7.2 percent for fiscal year 2024

Change Language English Hindi

Category : Miscellaneous Published on: September 02 2024

Share on facebook

Moody’s Ratings has raised its real GDP growth projections for India, forecasting a robust 7.2 percent growth for the fiscal year 2024, up from a previous estimate of 6.8 percent.
The New York-based global rating agency has also raised its growth projections to 6.6 percent for 2025, up from 6.4 percent.

India's household debt rises to 23.9% of GDP in FY25, signaling post-pandemic financial stress.
Read More....
PM Modi distributes over 51,000 appointment letters at 15th Rozgar Mela across 47 locations.
Read More....
India and Bhutan hold the 6th Joint Group of Customs Meeting in Thimphu on April 24–25, 2025.
Read More....
Cheetah Nirva gives birth to five cubs at Kuno, raising India’s cheetah count to 31.
Read More....
Indian companies send goods worth ₹85,000 crore annually to Pakistan via Dubai, Singapore, bypassing restrictions.
Read More....
India signs agreement with France for 26 Rafale-Marine aircraft for Navy.
Read More....
Delhi launches ₹10 lakh free health cover under Ayushman Vay Vandana for citizens aged 70+.
Read More....
Karnataka-based humanitarian Madhusudan Sai receives Fiji’s highest civilian award.
Read More....
President Droupadi Murmu confers Padma Awards to 71 achievers, including Shekhar Kapur and R. Ashwin.
Read More....
Start-up ‘Sarvam’ to build India’s first AI large language model under ₹10,370 crore IndiaAI Mission.
Read More....

Moody’s Ratings raises India’s GDP growth forecast to 7.2 percent for fiscal year 2024