India's GDP growth rate is projected to slow to 6.4 per cent in the financial year 2024-25, down from the 8.2 per cent recorded in 2023-24, as per government data. The decline is attributed to global economic uncertainties and domestic challenges.
China is expected to slow further in coming months given slack consumer demand in China and weaker demand for Chinese exports in other economies as their post-pandemic recoveries lose momentum.
Addressing the 41st AGM of CroplifeIndia, an apex body of 15 Crop science companies, Tomar said the Centre has launched a digital agriculture mission and focusing on use of drones in the farm sector.
IT services major Cognizant on Thursday said it is withdrawing its growth forecast for 2020 given the uncertainty in environment amid the coronavirus outbreak.
Maintaining a neutral stance, the Reserve Bank of India today kept the repo rate unchanged at 6 per cent.
This year's growth projection is 0.5 percentage points less than its previous two forecasts in April and July, attributing it to demonetisation and introduction of the GST.
Fitch on Monday lowered India's growth forecast to 6.9 per cent from earlier prediction of 7.4 per cent.
New Delhi, Sep 28: Ratings firm Fitch, on Friday, lowered India's growth projection for the current fiscal to 6 per cent from 6.5 per cent estimated earlier citing challenging economic outlook. “India's economic outlook remains
New Delhi, Aug 19: Investment banking major Morgan Stanley has revised downwards its India's economic growth forecast for 2012 to 7.4 per cent.The global brokerage firm has also reduced its year-end target for the Bombay
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