In the Economic Survey document for 2022-23 released earlier this year, the forecast was that India may grow at ... interest rate — the repo rate (the rate at which the RBI lends to other ...

This is higher than RBI’s estimate of 7.5 per cent growth for the Indian economy in 2023-24. For the ongoing financial year, Chief Economic Adviser V Anantha Nageswaran said, the International ...

In its second advance estimate published in February, NSO projected GDP growth for 2023-24 at 7.6 per cent compared with 7 per cent in 2022-23 ...

Nominal GDP or GDP at Current Prices in the year 2023-24 is estimated at Rs. 293.90 lakh crores (US$ 3.52 trillion), against the First Revised Estimates (FRE) of GDP for the year 2022-23 ... India ...

In 2023, India experienced faster consumption growth compared to China, the US, and Germany. However, consumption growth has trailed behind investment growth since the mid-2022 post ... the RBI had ...

Household savings in physical assets have gone up. But these have not offset the dip in household financial savings ...

Further moderation in GDP ... low GDP growth. Between Apr 2022 till Feb 2023, the spread between the Fed funds rate and the RBI's repo rate of cumulative increases has now declined to 192 bps, which ...

The full reopening of the economy last year, cyclical recovery in consumption, increased private sector capex, and acceleration on government spending will contribute for 6.2 per cent growth in ...