India’s household savings continued their downward trajectory for the third straight year, slipping to 18.1 per cent of GDP in financial year 2024 (FY24), as per CareEdge Ratings. The report added that Gross domestic savings declined to 30.7 per cent of GDP in FY24 from 32.2 per cent in FY15. On the other hand, household…
Indian economy is expected to grow at 6.9 per cent in the January-March quarter 2025, the official data for which is scheduled to be released on May 30 by the National Statistics Office, according to rating agency ICRA. ICRA has projected the year-on-year expansion of the GDP to rise to 6.9 per cent in Q4…
The Indian economy is expected to grow at 6.8-7 per cent in the fourth quarter of the financial year 2024-25, driven by the agriculture sector, according to a Bank of Baroda report released on Friday.For the full financial year, the estimate has been pegged at 6.2-6.4 per cent with the report stating that India’s economy…