Moody's upgrades India's 2024 GDP forecast to 6.8%

Moody's upgrades India's 2024 GDP forecast to 6.8%

Daily Current Affairs   /   Moody's upgrades India's 2024 GDP forecast to 6.8%

Change Language English Hindi

Category : Business and economics Published on: March 06 2024

Share on facebook
  • Moody's raised India's GDP growth projection for 2024 to 6.8%, citing robust economic performance in 2023 and diminishing global challenges.
  • India's economy surpassed analysts' expectations with a growth rate of 8.4% during the October-December quarter, attributed to government's capital spending and vigorous manufacturing activity.
  • Stable inflation in India further bolsters economic stability and growth potential, contributing to a favorable outlook for sustained growth.
  • The Reserve Bank of India's anticipated policy stability and the government's focus on sustainable economic growth and infrastructure development align with investor confidence, reflecting optimism about India's resilience amid global uncertainties.
Recent Post's

  • Gujarat CM Bhupendra Patel launched 'Sugam Digital Gujarat' initiative on March 24, 2026, digitising 20 high-demand public services across five departments.

    Read More....

  • Gujarat Assembly passed the Uniform Civil Code (UCC) Bill 2026 on March 24, making it the second state after Uttarakhand to enact UCC.

    Read More....

  • Government of India appointed Kompella Venkata Ramana Murty as SEBI Whole-Time Member for three years on March 25, 2026.

    Read More....

  • First National Indoor Athletics Championships 2026 began on March 24 at Kalinga Stadium in Bhubaneswar, Odisha.

    Read More....

  • Karnataka Grameena Bank won the National Award for Outstanding Performance in SHG Bank Linkage for 2024-25.

    Read More....

  • Lok Sabha passed the Transgender Persons (Protection of Rights) Amendment Bill, 2026 on March 24, 2026.

    Read More....

  • OpenAI appointed Kiran Mani as Managing Director for Asia-Pacific on March 25, 2026.

    Read More....

  • Puneet Gupt, COO of Times Internet, was appointed Chairperson of Digital News Publishers Association (DNPA) on March 24, 2026.

    Read More....

  • The United Nations observes International Day of Solidarity with Detained and Missing Staff Members annually on March 25.

    Read More....

  • Qatar Airways ranked as the top full-service airline in 2026, followed by Cathay Pacific and Singapore Airlines.

    Read More....