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GDP growth in FY25 may surpass Economic Survey's prediction: India Inc

Business Standard LogoBusiness Standard4h ago

GDP growth in FY25 may surpass Economic Survey's prediction: India Inc - Business Standard

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But, it is in the interest of the companies to step up hiring and worker compensation," it said.

Second, private capital formation after good growth in the last three years may turn slightly more cautious because of fears of cheaper imports from countries that have excess capacity.

Third, the need to explore whether India’s inflation targeting framework should target the inflation rate excluding food."FICCI concurs with all the aforementioned points and would continue to engage with the government on the same.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-22 @ 20:34:58 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 606 words

Reading Time: 4 minutes read

Sentences: 16 lines

Sentence Length: 38 words per sentence (average)

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

Copyright Owner: © Business Standard

News ID: 21730296

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 306 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #49

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