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BUSINESS ECONOMICS - February 01-28, 2025

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India’s gross domestic product growth has slumped to a seven-quarter low of 5.4% in July to September 2024 quarter – much lower than even the most pessimistic projections. The decline in GDP growth is largely attributed to the fall in capital expenditure by the central and the state governments, lower consumption demand and poorer activities in the services sector. This had a huge impact on the infrastructure sector. But the sector after witnessing a decline of 1.5% in overall output index last August has improved its performance significantly to record a 4.3% growth in November. One hopes that with the full impact of capital expenditure in the coming months, the sector would repeat its past performance – the sector grew by more than 7.5% in each of the last three years.

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The IMF World Economic Outlook, January 2025 - An analysis/review

On January 17, 2025, the International Monetary Fund On January 17, 2025, the International Monetary Fund (IMF) released its World Economic Outlook (WEO) update, titled \"Global Growth: Divergent and Uncertain.\"

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Shaky core sector performance putting pressure on GDP figures

India's gross domestic product growth has slumped to a seven-quarter low of 5.4% in July to September 2024 quarter much lower than even the most pessimistic projections.

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India needs to reform both global and domestic policies to boost core sector growth

The core sector, consisting of key industries such as petroleum and refining, electricity generation, steel production, coal mining, crude oil, natural gas, cement, and fertilizers, requires comprehensive policy reforms to enhance its contribution to the overall industrial output.

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Tüm Hikayeleri Oku BUSINESS ECONOMICS

BUSINESS ECONOMICS Description:

Yayımcı: Business-Economics

Kategori: Business

Dil: English

Sıklık: Monthly

Business Economics, following its credo of “exclusive and comprehensive” coverage, has been one of India’s most popular business magazines. What started as a 12-page tabloid in 1995 has become a magazine with global reach and coverage.

Each issue consists of ten main sections: World, Finance, Economy, Industry, Agriculture, Environment, Technology, Health, Culture, and Enlightenment. It covers the entire gamut of economic activities in India and abroad. Thoughtful pieces on socially and politically relevant issues, health, education, culture and enlightenment are also covered to give our readers an all around perspective.

Besides having a team of highly-qualified and experienced editors and a network of correspondents spread across the country, it has a panel of eminent columnists.

Business Economics is committed to objective reporting and is not attached to any political or economic ideology