Economy may grow 6.5%-7% as momentum is strong: CEA

Quick Summary:

Chief economic adviser V Anantha Nageswaran reports steady growth despite a slowdown, with positive trends in rural demand and private investment.

India's economic growth is projected at 6.5-7% for this year, supported by a good monsoon, robust farm growth, and increased private investment.

Potential risks include geopolitical conflicts and market corrections.

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Article Details

Author / Journalist: TNN

Category: EconomyBusiness

Markets: IndiaBrazilCanadaMyanmar

Topics: Economy Indian economy Business news Private investment CEA Growth

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-31 @ 07:56:29 (1 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 735 words

Reading Time: 5 minutes read

Sentences: 22 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 22318544

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About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 8 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 3 hours ago

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Publication Timezone: GMT +5:00

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Publisher ID: #28

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