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      Bilawal Bhutto confessed his crime after Khawaja Asif's statement on terrorism. Pakistan is involved in supporting terrorist groups - Bilawal Bhutto.      A huge fire broke out in Hotel Naaz located in Diggi Bazaar of Ajmer. On receiving the information about the fire, fire brigade vehicles, ambulance and police reached the spot.      The central government has announced to conduct caste census in the upcoming census. The caste census is a process of gathering data on the basis of caste of individuals during the national census.      External Affairs Minister S Jaishankar has spoken to America's Foreign Minister Marco Rubio on the Pahalgam issue. S Jaishankar clearly said to Marco Rubio.      14-year-old cricketer Vaibhav Suryavanshi surprised everyone by scoring a century in 35 balls against Gujarat Titans while playing for Rajasthan Royals in the IPL
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Optimism on Indian economy improving, says Acuité Ratings but geopolitics a global red flag

Acuité Ratings & Research reports increasing optimism in India's domestic economy. With NSO revising FY24 GDP growth to 7.6% and Q3 growth at 8.4%, and RBI forecasting 7.0% growth for FY25, along with declining inflation, the outlook is positive.

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News Affair 24

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a year ago

According to Acuité Ratings & Research, optimism surrounding India's domestic economy is on the rise, with various indicators pointing towards improved prospects. The National Statistical Office (NSO) has revised its GDP growth estimate to 7.6% for FY24, with Q3 growth pegged at 8.4%. The Reserve Bank of India (RBI) forecasts economic growth at 7.0% for FY25, while headline inflation is expected to subside to around 5.0% and core inflation below 4.0%. Despite Gross Value Added (GVA) growth remaining at 6.5% in the previous quarter, GDP growth has surged due to increased tax collections net of subsidies. Acuité Ratings & Research anticipates further economic reforms post-national elections, with the current government likely to remain in power. Private capital expenditure is showing signs of improvement, and states are actively competing to attract large private sector investments. Chief Economist and Head of Research at Acuité Ratings & Research, Suman Chowdhury, forecasts that India's GDP growth will likely average between 6.5-7.0% over the next three years.

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