GDP Ratio

Expect decent consumption growth but investment growth will be stronger: Chetan Ahya, Morgan Stanley

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Expect decent consumption growth but investment growth will be stronger: Chetan Ahya, Morgan Stanley

Chetan Ahya, Chief Asia Economist, Morgan Stanley, says that “during 2003-2007, we had seen the investment to GDP ratio go up from the trough of around 28% to the peak of 39% by CY2007. In this cycle, something similar is happening. Investment to GDP is troughing at 29% in 2020 and 12 months ended March … Read more

Centre’s debt profile safe and prudent; external debt-to-GDP ratio eases: Finance Ministry

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Centre’s debt profile safe and prudent; external debt-to-GDP ratio eases: Finance Ministry

The Central government’s debt profile remains safe and the share of its external debt in the country’s gross domestic product dropped to 2.7% in FY23 from 3.3% in FY14 at the current exchange rate, the finance ministry told the Lok Sabha on Monday. In a written reply, minister of state for finance Pankaj Chaudhary said: … Read more