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Strong investment, private consumption driving India`s growth: UNCTAD Indian economy is expected to record a growth of 6.8 per cent in 2024 and will clock an expansion of 6.3 per cent next year.  This comes on the back of continued strong public and private investment and consumption as well as rising exports of services, according to the latest UNCTAD (UN Trade and Development) report. Despite the increased exports of services and certain goods, such as chemicals and pharmaceuticals, the structural current account deficit in India will persist, owin...
Strong investment, private consumption driving India`s growth: UNCTAD
Strong investment, private consumption driving India`s growth: UNCTAD
Source: IANS
2024-11-03 01:47:54 pm
India's services exports jump 11.4% in 2023: UNCTAD report United Nations Conference on Trade and Development (UNCTAD) in its latest report has said that India's services exports jumped 11.4 per cent to $345 billion in 2023 despite global economic uncertainties, while China's shipments from the sector contracted by 10.1 per cent to $381 billion. Sectors that contribute to India's services export growth include travel, transport, medical and hospitality. It stated with an 8.9 per cent annual rise in current dollar value terms, the world...
India's services exports jump 11.4% in 2023: UNCTAD report
India's services exports jump 11.4% in 2023: UNCTAD report
Source: Accord Fintech
2024-04-26 10:08:06 am
UNCTAD forecasts India`s GDP growth at 6.5 pc in 2024 The latest UN Conference on Trade and Development (UNCTAD) report released on Tuesday forecasts global economic growth at 2.6 per cent in 2024 barely above the 2.5 per cent threshold commonly associated with a recessionary phase. However, amid the gloomy global scenario, it states that India’s economy is buoyed by strong public investment and service sector growth, with a forecasted expansion of 6.5 per cent in 2024. The report states that in Europe, countries like Germany and Ita...
UNCTAD forecasts India`s GDP growth at 6.5 pc in 2024
UNCTAD forecasts India`s GDP growth at 6.5 pc in 2024
Source: IANS
2024-04-17 09:05:30 am