Why Bain & Co. CEO Manny Maceda thinks India is a compelling investment destination

Why Bain & Co. CEO Manny Maceda thinks India is a compelling investment destination

India’s appeal as an investment destination remains strong amid global economic uncertainties, according to Manny Maceda, the Worldwide Managing Partner and CEO of Bain & Co. In an interview with ET he said, “India has always been a great, unique opportunity.”The International Monetary Fund (IMF) recently raised India’s GDP growth forecast for FY24 to 6.3%, … Read more

IMF revises India’s GDP growth forecast to 6.1% for FY24

IMF revises India’s GDP growth forecast to 6.1% for FY24

NEW DELHI: The International Monetary Fund (IMF) on Tuesday slightly upgraded its global growth outlook for this year on Tuesday, attributing it to resilient economic activity in the first quarter. However, the IMF also cautioned about persistent challenges that could dampen the medium-term outlook. The global lender now projects a 3.0% growth in global real … Read more