Are We Currently In A Recession 2024 India

Are We Currently In A Recession 2024 India. Find out what factors contributed it and how it will impact india's economy. Global growth is projected to be in line with the april 2024 world economic outlook (weo) forecast, at 3.2 percent in 2024 and 3.3 percent in 2025.

India’s gdp grew 8.15% yoy over fiscal 2023 to 2024, with a sharp growth of 7.8% in the fourth quarter of 2023, beating the government’s second advanced estimate of 7.6% and reserve bank of india’s (rbi) estimate of 7.3%. Now, with the imf forecasting two quarters of negative growth (or contraction) in several countries, the threat is real.