India’s GDP expected to grow 7.3% in 2023-24, National Statistical Office estimates

[ New Delhi: The Indian economy is expected to grow 7.3 per cent in the current financial year 2023-24, remaining the fastest-growing major economy, the National Statistics Office said on Friday. However, these are early projections for 2023-24. Improved data coverage, actual tax collections, expenditures incurred on subsidies, and data revisions made by source agencies … Read more

Industrial production grows to 16-month high of 11.7 per cent in October

[ NEW DELHI: India’s industrial production growth increased to a 16-month high of 11.7 per cent in October, mainly due to good show by manufacturing, mining and electricity sectors, according to the official data released on Tuesday. “India’s IIP growth rate rises to a 16-month high of 11.7 per cent in October 2023,” an official … Read more