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• Morgan Stanley Research expects India’s GDP growth for FY25 to moderate to 6.5 per cent from 6.9 per cent projected for FY24. • ICRA, meanwhile, has projected the year-on-year (Y-o-Y) GDP growth to moderate sequentially to 6 per cent in Q3 FY24 from 7.6 per cent, led by agriculture and industry sectors. • MS Research’s report maintained a constructive outlook on the Indian economy, while highlighting that risks emanate from global factors and elections in May 2024. • For the quarter ending December 2023, ICRA has projected the lowest growth print for agriculture, forestry, and fishing sector since the fourth quarter of 2019, at 0.5 per cent, down from 1.2 per cent in the previous quarter. • The growth in gross value added (GVA) in the services sector, on the other hand, according to ICRA projections, is expected to rise to 6.5 per cent in Q3 FY24 from 5.8 per cent in Q2. • It will be led by trade, hotels, transport, communication and services related to broadcasting.
Banks are mandated not to accept collateral security for MSE sector loans up to what amount?
As per which accounting concept an asset should be valued at ‘Lower of net realizable value’ or ‘Fair value’ ?
Vibha is a part of the product quality control team in an organization. It is one of the most cordial team in the organization famous for arriving at a ...
What is the provisioning requirement for a standard asset for fund based facilities of Farm Credit to agricultural activities, individual housing loans ...
In a securitization, the issuer of asset-backed securities is best describes as the:
All the following items are classified as fundamental accounting assumptions except?
Which of the following types of credit risks is most relevant when an MSME has difficulty recovering dues from corporate clients, particularly when the ...
What is Gross Value Added (GVA)?
According to the RBI guidelines, what should be clearly spelt out at the time of financial closure of a project financed by an NBFC?
What role does ethics play in social cohesion?