India's economic growth resembles 2003-07: Morgan Stanley report
Sunday, 17 March 2024 India's current economic growth, reminiscent of 2003-07, is driven by increased investments shifting towards capital expenditure. Urban consumers lead consumption growth, with rising rural demand. Market share in global exports grows, while managing macroeconomic stability risks effectively. Investment-to-GDP ratio rising, expected to reach 36% by 2027. Public capex drives growth, private capex catching up.
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China Sets Aggressive, Economic Growth , Target for 2024.
Associated Press reports that China has
said it aims to achieve 5% economic growth
in 2024, despite facing many challenges.
Premier Li..
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India has officially eradicated extreme poverty, attributing the achievement to robust redistribution policies fostering inclusive growth, according to a report by Surjit Bhalla and Karan Bhasin...
According to economists at Morgan Stanley, investment has become a major driver of India's rising economy, and the country's current expansion is similar to that... IndiaTimes