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FY24 GDP estimate: Economic growth pegged at 7 3% in FY24; higher than FY23

The Indian economy is expected to grow faster in FY24 at 7.3% compared to 7.2% in the previous year, according to the first official estimate released on Friday. The Reserve Bank of India had pegged growth at 7%, while the ET poll median suggested 6.7% growth. The government estimates highlight the economy may grow 6.9% in the second half, spurred by higher investment and manufacturing.

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Indian economy estimated to grow at 7 3% in FY24 - The Hindu BusinessLine

Indian economy estimated to grow at 7 3% in FY24 - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Aditi nayarSunil kumar sinhaNational statistical officeFiscal yearFirst advance estimateChief economistPrincipal economistParas jasraiSenior analystIndia ratings

Sustained capex improved financials of India Inc seen to have lifted GDP growth estimate to 7 3% for FY24

Experts remain watchful of agri sector, slower capex and geopolitical developments

Madan sabnavisAditi nayarSunil kumar sinhaMillwood kane internationalResearch paras jasraiNational statistical office onIndia ratings researchNational statistical officeReserve bankChief policy advisorComptroller generalGeneral electionsPrincipal economistSenior directorPublic financeIndia ratings

LS Polls Spend: Parties Lok Sabha polls spend may top Rs 1 lakh crore, spur growth in Q4

Political parties spending for the Indian general election could exceed ₹1 lakh crore, potentially increasing consumption and boosting growth by 0.2-0.3 percentage points in the last quarter of FY24. Candidates are expected to accelerate their spending, increasing travel for campaigns and publicity material. The increase in consumption is expected to be more pronounced for rural households and lower-income groups.

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LS Polls Spend: Parties Lok Sabha polls spend may top Rs 1 lakh crore, spur growth in Q4

LS Polls Spend: Parties Lok Sabha polls spend may top Rs 1 lakh crore, spur growth in Q4
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Paras jasraiSakshi guptaRadhika raoMadan sabnavisGroup researchSpur growth