• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

India To Remain Asia-Pacific’s Fastest Growing Economy In 2024: Moody’s

OMMCOM NEWS by OMMCOM NEWS
June 14, 2024
in Business
Indian Economy

New Delhi: India will remain the Asia-Pacific region’s fastest-growing economy in 2024, sustaining the domestically-driven momentum of last year, on the back of a continuity in policy that focuses on infrastructure development and encourages private sector investment, according to the latest report of global rating agency Moody’s.

In its report titled ‘Credit Conditions – Asia-Pacific H2 2024 Credit Outlook,’ released on June 13, Moody’s highlighted that Indonesia, the Philippines, and India have led the growth in the first half of 2024.

Moody’s said stronger portfolio inflows are likely in India and ASEAN economies, because of robust corporate credit metrics and appealing valuations.

In May, Moody’s projected the Indian economy to grow 6.8 per cent in the current year, followed by 6.5 per cent in 2025, on the back of strong economic expansion along with policy continuity after the Lok Sabha elections.

India’s real GDP has grown by 8.2 per cent in the financial year 2023-24 which ended on March 31 to keep its tag as the world’s fastest-growing major economy. The RBI has upgraded its forecast for India’s GDP growth to 7.2 per cent with the weather office predicting an above-normal monsoon this year.

(IANS)

Tags: Asia PacificGrowing EconomyLok Sabha ElectionsMoody
ShareTweetSendSharePinShareSend
Previous Post

Havildar Dies As Firecrackers Go Off While Being Defused In Cuttack

Next Post

T20 World Cup: Manipulating Run Rate Would Be Against Spirit Of Cricket, Says Cummins

Related Posts

Randhir Jaiswal
Business

There Should Be No Double Standards On Energy Trade: India On Latest EU Sanctions Package Against Russia

July 18, 2025
Hardeep Puri
Business

India Poised To Account For 25 Pc Of Global Growth In Crude Oil Demand: Hardeep Puri

July 18, 2025
IPOs
Business

US, India Lead Global List As 539 Companies Float IPOs In H1 2025

July 18, 2025
Bureau of Indian Standards
Business

BIS Makes Hallmarking Of 9 Karat Gold Mandatory

July 18, 2025
Indian stock market
Business

Indian Stock Market Ends Lower Amid Selling In Banking, IT Sectors

July 18, 2025
I-T Department
Business

I-T Department Enables Online Filing Via ITR-2 With Some Pre-Filled Data

July 18, 2025
Next Post

T20 World Cup: Manipulating Run Rate Would Be Against Spirit Of Cricket, Says Cummins

Several Houses Set Afire In Manipur's Jiribam In Fresh Outbreak Of Violence

India's Merchandise Exports Register Robust 9 Per Cent Growth In May

khimji
TPCODL
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.