Indian Economy To Grow At 6.3% In FY24: World Bank

Indian Economy To Grow At 6.3% In FY24: World Bank

According to a World Bank report released on Tuesday, India continues to show resilience against the backdrop of a challenging global environment.

PTIUpdated: Tuesday, October 03, 2023, 12:46 PM IST
article-image
Indian Economy To Grow At 6.3% In FY24: World Bank | Image: Wikipedia (Representative)

The Indian economy is projected to grow at 6.3 per cent in the current financial year aided by investment and domestic demand.

According to a World Bank report released on Tuesday, India continues to show resilience against the backdrop of a challenging global environment.

In India, which accounts for the bulk of South Asia region, growth is expected to remain robust at 6.3 per cent in 2023-24, India Development Update of the World Bank said.

On inflation, the report said, it is expected to decrease gradually as food prices normalize and government measures help increase the supply of key commodities. 

RECENT STORIES

Gujarat Chief Minister Lauds Minister Mentor Lee Kuan Yew As A Nation-Builder And Invites Singapore...

Gujarat Chief Minister Lauds Minister Mentor Lee Kuan Yew As A Nation-Builder And Invites Singapore...

From Almost Shutting Down To Top Industry Player: Delhi Boy Gaurav Saini Kept TECO Chemicals Afloat...

From Almost Shutting Down To Top Industry Player: Delhi Boy Gaurav Saini Kept TECO Chemicals Afloat...

Ashok Leyland Posts 3% Dip In Total Sales In November

Ashok Leyland Posts 3% Dip In Total Sales In November

Rupee Rises 7 Paise To Settle At 83.30 Against US Dollar

Rupee Rises 7 Paise To Settle At 83.30 Against US Dollar

Raymond Independent Directors Monitor Situation Post Gautam Singhania's Divorce; Retain Independent...

Raymond Independent Directors Monitor Situation Post Gautam Singhania's Divorce; Retain Independent...