Luxury housing sale reports 10% growth during January-March 2024

India's luxury housing market witnessed significant growth in the first quarter of 2024, with a 10% year-on-year increase, led by Mumbai's 1,300+ unit sales, constituting 5% of total sales.

Indian economy likely to grow 7% in FY24 amid benign global outlook: NCAER

India's economy anticipates over 7% growth this fiscal year, per NCAER, supported by robust indicators like PMI hitting a 16-year high and surging UPI transactions.

Strong capital expenditure, domestic demand behind India's growth performance: IMF

The IMF designates India as the globe's fastest-growing major economy, citing sturdy public investment and resilient domestic demand as key drivers.

India global services export to reach US$ 800 billion by 2030: Goldman Sachs

Goldman Sachs predicts India's services exports will skyrocket to US$ 800 billion by 2030, up from US$ 340 billion in 2023, strengthening the external sector and stabilizing rupee fluctuations.

Combined Index of Eight Core Industries (ICI) increases by 5.2% (provisional) in March 2024 as compared to March 2023

The Index of Eight Core Industries (ICI) rose by 5.2% (provisional) in March 2024 compared to March 2023, driven by positive growth in Cement, Coal, Electricity, Natural Gas, Steel, and Crude Oil production.

India's gold demand rises 8% in January-March to 136.6 tonnes despite high rate

India's gold demand increased by 8% annually to 136.6 tonnes in the March quarter, supported by a strong economy despite historically high prices, according to the World Gold Council.