ADB raises India’s GDP growth forecast for FY25 to 7% on robust investment, consumer demand

[ad_1] The Asian Development Bank (ADB) on Thursday raised India's GDP growth forecast for the current fiscal to 7 per cent from 6.7 per cent earlier, saying the robust growth will be driven by public and private sector investment demand...

India’s latest GDP growth numbers are ‘mystifying’, says former chief economic advisor

[ad_1] The Centre’s latest figures on growth in the country’s gross domestic product don’t add up and are “mystifying”, former Chief Economic Advisor Arvind Subramanian said on Friday.The government said on February 29 that the Indian economy grew by 8.4%...