World Bank’s Strong Projection for India

World Bank projects 6.3% GDP growth for FY23-24, hailing India's robust economic performance. 

Service Sector Thrives

India's service sector is set to grow at 7.4%, reflecting its enduring strength in the global landscape.

Investment Momentum

Investment growth remains robust at 8.9%, underlining confidence in India's economic prospects.

Banking on Growth

Bank credit surges to 15.8% in Q1 2023, signalling a dynamic start to the fiscal year.

Charting Fiscal Prudence

India's fiscal deficit is projected to decrease, ensuring stability with a decline from 6.4% to 5.9% of GDP.

Inflation on a Downturn

Inflation is expected to ease as government measures bolster commodity supply and stabilize prices.

FDI Surge Ahead

India is to witness a surge in foreign direct investment (FDI), aligning with the global value chain's rebalancing.