India's economy

US International DFC to Invest $272 Million in India’s Economic Growth and Sustainability

03 Oct 2024

The U.S. International Development Finance Corporation (DFC) has announced investments totaling more than USD 272 million to boost economic growth, financial inclusion, and sustainability in India. These funds will support a wide range of initiatives, including small businesses, women entrepreneurs, climate-focused ventures, and key sectors such as agriculture, healthcare, and...

IMF Forecasts Strong Growth for India, Raises FY24 Outlook to 7.8%

01 May 2024

The International Monetary Fund (IMF) has projected that India's economy will grow by 6.8% in the current fiscal year, driven primarily by public investment. Krishna Srinivasan, Director of the Asia and Pacific Department at the IMF, stated, "In China and India, we expect investment to contribute disproportionately to growth—much of...