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Finance ministry charts path to $5 trillion by FY29
In its note, the finance ministry said India was a $3.57 trillion economy in FY24 and that at the annual trend growth of around 6.5-7%, the target of $5 trillion would be achieved by 2028-29
Updated on Jan 11, 2025 06:54 AM IST
Saubhadra ChatterjiRajeev Jayaswal, New Delhi
Rekindle the animal spirits
Creating mass demand, leading to a boom in investment, is necessary; encouraging consuming classes to spend will help
Updated on Jan 08, 2025 08:19 PM IST
HT Editorial
Why farm growth held up as key sectors decelerated
India's farm sector is projected to grow 3.8% in 2024-25, driven by good monsoon and higher cereal output, despite overall GDP growth slowing to 6.4%.
Updated on Jan 08, 2025 08:09 PM IST
GDP growth to hit 4-yr-low of 6.4% in FY25: Govt estimate
India's GDP is projected to grow 6.4% in 2024-25, down from 8.2% in 2023-24, due to reduced investment, impacting fiscal and monetary policies ahead.
Updated on Jan 08, 2025 06:22 AM IST
India’s economy projected to grow 6.4% in FY25, the slowest in four years
The slower expansion of Asia’s third largest economy comes in the wake of higher interest rates amid elevated inflation, especially of food commodities.
