India to remain the fastest-growing economy among large economies this fiscal year
India, Jan. 7 -- India's stellar economic performance for the financial year 2023-24 as projected by the advance estimates (FAE) of the National Statistical Office (NSO) with the economic sectors firing on all cylinders amidst the despair of conflicts and slowdown is a classic match to Charles Dickens' legendary, "It was the best of times, it was the worst of times, it was the epoch of belief, it was the epoch of incredulity." With growth in real GDP during 2023-24 estimated at 7.3 per cent as compared to 7.2 per cent in 2022-23, India stays firm on the course of the fastest-growing economy globally even as the UN's flagship economic report presents a sombre economic outlook for the near term marked by persistently high interest rates, furt...
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