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Searched Tag: india s growth projection
Finance Minister Nirmala Sitharaman has emphasized the robust risk profile of India's government debt, stating that it stands out as safe and prudent despite challenges posed by the Covid-19 pandemic.

India's govt debt profile deemed safe and prudent: FM Sitharaman

May 13, 2024, 11:58 PM - 2 mins read

Sitharaman raised concerns over comparisons made solely on absolute numbers without considering the GDP growth, which forms the basis of debt calculations. "Many times absolute numbers have been compared without considering the GDP growth on which the debt calculations are based," she stated.

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Inside the RBI Bulletin: 6 key factors driving India's rise to third-largest economy

Inside the RBI Bulletin: 6 key factors driving India's rise to third-largest economy

April 23, 2024, 07:25 AM - 4 mins read

In its recent bulletin titled "Tailwinds Propelling India's Economic Take-off," released on Tuesday, the RBI lists six key factors expected to drive the country toward becoming the world's third-largest economy.

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UNCTAD report: Global growth at 2.6%, India's economic surge reaches 6.5%

UNCTAD report: Global growth at 2.6%, India's economic surge reaches 6.5%

April 16, 2024, 09:26 AM - 2 mins read

The UNCTAD forecasts global growth at 2.6%, with India's economy strong at 6.5%. Europe and the Americas face economic challenges, Africa's growth is modest, and global merchandise trade fell 1% due to trade tensions and shipping disruptions.

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IMF upgrades India's growth projection to 6.8% for 2024

IMF upgrades India's growth projection to 6.8% for 2024

April 16, 2024, 09:07 AM - 2 mins read

In its earlier January 2024 update, the IMF had forecasted India's economy to grow at 6.5 percent in both 2024 and 2025.

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