Will Recession Continue In 2024 In India

Will Recession Continue In 2024 In India. Dive into the intricate landscape of the indian economy in 2024, as we dissect the effects of recession in india. As a result, india performs quite well and is moving toward reaching its goal of a $5 trillion gdp while the rest of the world is struggling and heading into a recession.

We do not anticipate a pivot to rate cuts until 2024,” notes fitch in its december report. We expect india to grow between 7.0% and 7.2% in the coming fiscal year (2024 to 2025) in our baseline scenario, followed by 6.7% and 7.3% (admittedly, a much wider range due to uncertainties around several.