SUKUMAR MANDAL’s Post

Our latest India Economic Outlook report is here, and it's packed with insights on the dynamic consumer spending landscape, shedding light on the remarkable rise of the middle-income demographic, and shifting demand towards luxury and high-end products and services. But that's not all! We're optimistic about the global economic landscape, foreseeing a synchronous rebound in 2025. As major election uncertainties are resolved and central banks in the West consider rate cuts in 2024, we expect robust growth in the second half of FY 2024-25. India is poised to benefit from improved capital flows, driving private investment, and experiencing a rebound in exports. Stay ahead of the curve with our comprehensive insights! Read the full report now to seize the opportunities unfolding in India's economic and consumer spending landscape. #Indiaeconomy #India #GDP #consumerspending https://lnkd.in/g4vk7S6n

The IMF has maintained India's growth forecasts at 7% for FY25 and 6.5% for FY26. It noted that the pent-up demand from the pandemic is now exhausted, as the economy returns to its potential growth trajectory. #imf #indianeconomy #economicgrowth #india https://mybs.in/2dZlDbM

Driven by Govt.'s promising investment cycle, demographic dividend, changing consumption patterns, reform push by the Govt., India looks all set to emerge as the third largest economy in the world by 2027 (as per the IMF estimates) However, market valuations are not cheap and they continue to climb the ladder. Indian market cap may rank 5th in global market cap list by 2030 With stable macros, India's long term story remains intact. However, rising valuations continue to remain a challenge Attached herewith is Monthly Market Outlook for March 2024 detailing on the above points

An exciting future awaits India! With the Recent Update, IMF has upgraded India’s growth forecast from 6.5% to 6.8% for 2024-25. This boost is thanks to growing demand within the country and our bustling working-age population. Well, India's proudly maintaining its status as the fastest-growing economy among the big players, even leaving China behind. It's a golden chance for foreign investors to tap into the promising opportunities here. With its pro-business policies, flourishing ecosystem, and expanding consumer base, I think India's brimming with potential for investors looking to make their mark. #mercurius #IMF #GPD #India #business #indianeconomy #forecast #foreigninvestment #newsupdate

IMF Raises India's FY25 GDP Growth Forecast By 20 bps to 7% The International Monetary Fund (IMF) on Tuesday upgraded India’s economic growth forecast by 20 basis points (bps) to 7 per cent year-on-year for the current financial year 2024-25. In April, the international organisation had projected India’s economic growth at 6.8 per cent. “The forecast for growth in India has been revised upward, to 7.0 per cent, this year, with the change reflecting carryover from upward revisions to growth in 2023 and improved prospects for private consumption, particularly in rural areas," the IMF said in its latest World Economic Outlook. The Economist The Economic Times CNBC CNBC-TV18 CNBC International CNBC-e #IndiaGDP #EconomicGrowth #IndiaEconomy #GDPGrowth #IndiaGrowthStory #IndianEconomy #GrowthForecast #IndiaInFocus #EconomicDevelopment #MakeInIndia #FiscalPolicy

Positive outlook for the Indian economy, but not quite 9.9% growth! Moody's has upgraded India's GDP growth forecast for FY24 to 6.8%, up from 6.1%, citing strong government spending and domestic consumption. This revision is based on India's robust economic performance in 2023 and diminishing global economic challenges. The high growth number has also meant a revision in the estimate for GDP growth in FY24 by the National Statistical Office, from 7.3% in its first advance forecast to 7.6% in its recent second revised estimate. Reserve Bank of India's economic growth estimate for FY24 is 7%, while the International Monetary Fund's forecast is 6.7%. #India #Economy #Growth Moody's Corporation Moody's Ratings Moody's Analytics CRE Solutions Moody's Moody's Analytics Learning Solutions

FY 2023-2024 has been a really great year for the Indian economy. From beating estimates in every quarter to reducing fiscal deficit to increasing forex reserves (all time high 680B ) to reducing inflation to regaining the title of the fastest growing economy. it was a done deal. The data released yesterday, showed the real GDP growth rate of 8.2%. The highest among all the major developing economies for the same period. This year the export performance was low. Exports barely grew 0.5%. So, the growth is mainly driven by domestic consumption, further lowering the Export to GDP ratio. So, yeah our economy is growing even in times where very few economies are performing well. It seems like all the infrastructure boost and the impact of schemes like PLI, boost to local manufacturing is yielding the results finally. If this level of growth continues, it will take just 2-3 more years to reach the 5 Trillion economy mark which would also be the third largest economy. Of course, many challenges needs to tackled yet but we are in the right direction ⬆️. That's what matters, to me at least. Interesting times ahead ❗ #economy #Policies #GDP #GDPgrowth

The World Bank has revised India's GDP growth forecast for 2024-25 by 20 basis points to 6.6%, indicating it will remain the fastest-growing of the world's largest economies. The revision is attributed to strong public investment, private capex, and rise in private consumption. India's industrial activity and domestic demand growth remain robust. CFBR

IMF Official Predicts India Could Become $55 Trillion Economy by 2047 with 8% Growth India has the potential to become a $55 trillion economy by 2047 if it maintains an average real growth rate of 8 percent annually and keeps inflation around 5 percent, according to Krishnamurthy V. Subramanian, Executive Director at the International Monetary Fund (IMF). Read more: https://cutt.ly/Web8dIv4 #IMFOfficial #KrishnamurthyVSubramanian #InternationalMonetaryFund #IMF #TrillionEconomy #trendingnews #CiowoldIndia #News 

IMF Elevates India's GDP Forecast to an Impressive 7% for 2024-25, Heralding Robust Economic Resilience and Dynamism! Overview: The International Monetary Fund (IMF) has revised its growth projection for India, boosting it from 6.8% to 7% for the 2024-25 financial year. This optimistic update highlights the resilience and potential of the Indian economy, driven by anticipated improvements in private consumption, especially in rural areas. While the global growth outlook remains modest at 3.2%, India and China are expected to lead Asia's economic momentum. #IndiaEconomy #GDPGrowth #IMF #EconomicOutlook #BusinessNews IMF raises India's GDP forecast to 7% for 2024-25 https://lnkd.in/dsu9SJfP