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  Mapping the Way Forward in Strengthening India's Robust Infrastructure

  

  India's GDP grows 7.8 per cent in Q4, FY24 growth pegged at 8.2 per cent

  India Q4 GDP: The analysts were anticipating a better-than-expected growth for the January to March quarter this time around. ​The Reserve Bank of India (RBI) estimated Q4FY24 real GDP growth to be 7 per cent while ET Poll suggested the growth rate of 6.8 per cent. As per a Reuters poll, the Indian economy was expected to grow at 6.7 per cent in the January-March quarter on a year-on-year basis, owing to weak demand.

  

  Moody's projects 6.8 per cent GDP expansion in 2024 on strong growth, post-election policy continuity

  Moody's Ratings projected India's growth at 6.8% in 2024, followed by 6.5% in 2025. The prediction was driven by economic expansion and post-election policy continuity. The real GDP grew by 7.7% in 2023, with strong government spending and manufacturing activity. High-frequency indicators suggest sustained momentum in the economy. Moody's expects 6-7% annual GDP growth with policy continuity and increased capital expenditure. Private investment outlook is positive, despite inflation volatility.

  

  India’s forex reserves down $2 bn to come off all-time record high

  India's forex reserves fell by $2 billion to $646.67 billion as of May 24, according to the Reserve Bank of India (RBI). This decline follows a previous increase of $4.54 billion, reaching an all-time high of $648.7 billion on May 17. The reduction includes a $1.51 billion decrease in foreign currency assets, a $482 million drop in gold reserves, a $33 million dip in SDRs, and a $1 million decline in IMF reserves.

  

  Best Milk Chocolates in India: Relish the Perfect Creaminess (2024)

  Are you looking for some of the best chocolates in the market? If so, then worry no more and continue reading this article to learn about the best milk chocolates in India. All of the mentioned options are from the most renowned chocolates brands across the world. You can get yours within a few clicks using the buying links shared in the article below.

  

  Best Samsung TVs in India to Spend the Hot Summer in Your Living Room- June 2024

  Are you looking for a television for your living room? If so, then continue reading this article to learn about the best Samsung TVs in India which would be perfect for your home. All of these options are equipped with the latest technology and are readily available on Amazon. Go through the list and place your order using the buying link shared in the article below.

  

  US payments firm Stripe goes 'invite only' in India, cites regulatory changes

  Stripe has shifted to an 'invite only' mode in India for merchants, citing strict KYC requirements. The move may indicate a shift towards cross-border payments, with support for more Indian merchants expected by the second half of 2025.

  

  Cement industry in India consolidating, market shares of top companies growing: ICRA

  Large cement companies are expanding capacity through organic growth and acquisitions, driven by strong demand. Market share of the top five firms rose to 54% in 2023 and is expected to reach 55% by 2025. Consolidation, especially in eastern and western regions, enhances cost efficiency. ICRA's outlook for the sector remains stable.

  

  Water level at India's main reservoirs drops to 23%: CWC report

  The water level in the country's 150 main reservoirs has dropped to 23%, significantly lower than last year. The live storage capacity is 77% less than the previous year, as per the Central Water Commission data.

  

  Why a sub-300 seat Modi in 2024 suits the West

  India’s refusal to toe the Western line on Russia and Iran has irked the US and its allies who believe a more modest winning margin for Narendra Modi in 2024 would best serve the West’s interests