Economy on track for 6.5-7% growth in FY25: Finance minister – Times of India

NEW DELHI: Recent developments indicate strong foundation of macroeconomic stability in India with steady growth, investment, employment, and inflation trends, and a strong and stable financial sector, a finance ministry report said on Thursday. However, it cautioned that the challenge is in navigating the continuing uncertainty in global economic prospects.“We will likely encounter a cycle…

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United Nations revises forecasts says India’s economy to grow by 6.9% in 2024 | India News – Times of India

NEW DELHI: United Nations on Thursday revised it’s earlier forecasts and said that India’s economy is expected to grow by 6.9% in 2024 and 6.6% in 2025. According the report the growth will primarily driven by robust public investment and resilient private consumption. “India’s economy is forecast to expand by 6.9 per cent in 2024…

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Pakistan’s economic outlook ‘uncertain’, says ADB as it predicts 1.8% growth for FY2024 – Times of India

ISLAMABAD: The Asian Development Bank has said that Pakistan’s economic outlook remains uncertain, as political instability would remain a key risk to the sustainability of stabilisation and reform efforts, according to a media report. The Manila-based lending agency in its ‘Asian Development Outlook’ said potential supply chain disruptions from the escalation of the conflict in…

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