Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Magnetic toy sets linked to fatalities, CPSC issues safety alert

    December 9, 2023

    India gains edge in tech manufacturing with Apple’s latest move

    December 8, 2023

    Tech giant Apple’s market value hits $3 trillion milestone

    December 6, 2023
    Times of SaudiaTimes of Saudia
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Times of SaudiaTimes of Saudia
    Home » Indian economic growth is expected to be 7.4 percent this year and next
    Business

    Indian economic growth is expected to be 7.4 percent this year and next

    August 27, 2022
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    Indian Finance Minister Nirmala Sitharaman said the Indian economy will grow at 7.4 percent this fiscal year and next. International Monetary Fund (IMF) and World Bank projections for India’s growth for the next two fiscal years are in line with Reserve Bank of India (RBI) estimates. Speaking at an event in Mumbai, Ms Sitharaman also said that India is attracting more incoming investments. In her view, the global situation remains challenging and it is not the right time to throw caution to the wind just yet.

    Indian economic growth is expected to be 7.4 percent this year and nextDuring the years 2022-23 and 2023-24, India is expected to remain one of the fastest growing major economies in the world. By contrast, China’s growth is expected to slow to 3.3% in 2022 from the 4.4% estimated earlier by the International Monetary Fund. The economic forecasts of other emerging markets and developing economies, such as Russia, South Africa, and Brazil, have also been revised upward due to improved economic outlooks in those markets.

    Related Posts

    India gains edge in tech manufacturing with Apple’s latest move

    December 8, 2023

    Tech giant Apple’s market value hits $3 trillion milestone

    December 6, 2023

    Economic uncertainty spurs unprecedented demand for gold.

    December 5, 2023

    Innovative construction solutions unveiled at Dubai’s Big 5 Global

    December 5, 2023

    Global oil dynamics shift as OPEC+ agrees on 2 million bpd cut

    December 2, 2023

    Dow surges to 2023 peak, propelling November’s stock market rally

    December 1, 2023
    Current News

    Magnetic toy sets linked to fatalities, CPSC issues safety alert

    December 9, 2023

    India gains edge in tech manufacturing with Apple’s latest move

    December 8, 2023

    Tech giant Apple’s market value hits $3 trillion milestone

    December 6, 2023

    Revolutionizing diabetes care with saliva tests replacing finger pricks

    December 5, 2023
    © 2023 Times of Saudia | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.