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PM Modi hailed India as the mother of #democracy & said that the country had become the fastest growing major #economy despite many global challenges.

The Prime Minister was speaking at the #DemocracySummit he was co-hosting with United States President #JoeBiden.

Read here: https://www.livemint.com/news/world/india-fastest-growing-major-economy-despite-global-challenges-says-pm-modi-at-democracy-summit-with-joe-biden-11680085741728.html
The #WorldBank now expects #Pakistan's #economy to grow 0.4% in the current year, from its October forecast of 2% growth. The bleaker forecast assumes an agreement is reached with the #InternationalMonetaryFund for bailout funds, it said.

Read here: https://livemint.com/economy/world-bank-revises-pakistan-s-gdp-forecast-to-0-4-for-fy23-24-on-rising-rates-11680610040075.html
India's #GDP has crossed USD 3.5 trillion in 2022 and will be the fastest-growing G-20 #economy over the next few years, but reform and policy barriers could hamper investment, Moody's said.

Read here: https://www.livemint.com/economy/gdp-crossed-3-5-trillion-in-2022-bureaucracy-to-impact-fdi-attraction-moodys-11684845895116.html
"The Indian #economy remains resilient in the face of a challenging global environment, and we do not anticipate major domestic roadblocks in the year ahead," a statement issued by #CII said quoting its President R Dinesh.



Read here: https://www.livemint.com/economy/indias-economy-to-grow-at-6-5-6-7-in-fy24-industry-body-11685613352766.html
#MintCharts | Despite a worrying slowdown in exports, the Indian #economy is likely to have grown at an impressive rate in the June-ended quarter, data for which will be released on Thursday.

Check out today's Plain Facts for more.
Here's a compilation of interesting numbers that matter!

Read the #NewsInNumbers on Mint app every weekday: https://mintiphone.page.link/Hy8V

#ChuckLorre #China #Economy #TataSons #IPO #Media #Entertainment #India
Here's a compilation of interesting numbers that matter!

Read the #NewsInNumbers on Mint app every weekday: https://mintiphone.page.link/Hy8V

#childcare #BharatHeavyElectricals #oil #Russia #export #GDP #economy
#MintMacroTracker | Launched in October 2018, Mint’s macro tracker provides a monthly comprehensive report on the state of the #economy, based on trends in 16 high-frequency indicators.

As of April 2024, 6 of the 16 indicators were in red, 6 in green, & 4 in amber- a moderation from 6 months ago when 8 indicators were in green and 4 were in red.

For all the latest business/finance/markets news updates, visit: livemint.com