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The seasonally adjusted HSBC India Services Business Activity Index fell from 61.2 in March to 60.8 in April, highlighting one of the strongest growth rates seen in just under 14 years. ....
India Business News: NEW DELHI: Resilient growth, robust economic activity indicators, price stability, and steady external sector performance continue to support the coun. ....
Moody's slashes 2022 India growth estimate to 9.1% : Rashtra News #Moodys #slashes #India #growth #estimate Moody's on Thursday slashed India's growth estimate for the current year to 9.1 per cent, from 9.5 per cent earlier, saying high fuel and fertilizer import bill could limit the government's capital expenditure. In its Global Macro Outlook 2022-23 ....
The Reserve Bank of India (RBI) has emphasized that the Indian economy needs to grow at a rate of 8-10 per cent per annum over the next decade to reap the demographic dividend. The RBI believes that India s favourable demographics will help it break the low middle income barrier and harness its young and rising labor force. The working-age population is expected to grow at a rate of 9.7 million in 2021-2031 and 4.2 million in 2031-2041 per year, making a focus on labour quality essential for the growth strategy. ....