The road to a $1 trillion economy
Trending News
1 week ago

The road to a $1 trillion economy

The Hindu  

These days, Tamil Nadu has been at the centre of national attention over a host of issues such as delimitation and the implementation of the National Education Policy and the use of the Tamil letter ‘Roo’ instead of the Indian currency symbol ‘₹’ in the promotional logo for the latest State Budget. Amid the brouhaha, the State government has brought out its maiden Economic Survey, a “report card” on the state of the Tamil Nadu economy. The document has been published at a time when Tamil Nadu has set itself a more ambitious target of becoming a $1 trillion economy by 2030 than its southern neighbours — Karnataka by 2032; Andhra Pradesh by 2047; Telangana by 2034-35 and Kerala by 2047. The State government’s official document, while discussing the target, acknowledges that Tamil Nadu “will need to sustain an annual growth rate of over 12%, driven by industrial expansion, infrastructure development and digital transformation.” Even though the document, published by the Tamil Nadu State Planning Commission, does not outwardly share the optimism of the State government with regard to the target of $1 trillion, it talks of the strengths and capabilities of Tamil Nadu, all of which can be productively used to position the State “strongly for sustained economic leadership” in the country. Even though the Survey has not discussed software exports much, it is well known that Tamil Nadu is way behind two of its “flashy” neighbours — Karnataka and Telangana.

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History of this topic

India's GDP grows 105% in 10 years, now at $4.3 trillion: IMF
Top News
1 day, 20 hours ago

India's GDP grows 105% in 10 years, now at $4.3 trillion: IMF

India Today  

India’s Gross Domestic Product has grown by 105% in the last ten years, doubling from $2.1 trillion in 2015 to $4.3 trillion in 2025. With Japan’s GDP currently at $4.4 trillion and showing no growth over the last decade, India is projected to overtake it within the next year. India’s rise to economic power has been marked by key milestones: …

India’s GDP doubles to $4.3 trillion in 2025 from $2.1 trillion in 2015
5 days, 12 hours ago

India’s GDP doubles to $4.3 trillion in 2025 from $2.1 trillion in 2015

Op India  

India has reached a remarkable economic milestone, doubling its GDP from USD 2.1 trillion in 2015 to an impressive USD 4.3 trillion in 2025, marking an extraordinary 105 per cent growth that stands unmatched by any other major global economy, said BJP leader Amit Malviya. In the post he added, “India has achieved a remarkable economic milestone, doubling its GDP …

FICCI-TNIE Budget Analysis 2025: Tamil Nadu business leaders laud state industry proposals
5 days, 20 hours ago

FICCI-TNIE Budget Analysis 2025: Tamil Nadu business leaders laud state industry proposals

New Indian Express  

Business leaders and industry stakeholders who analysed the 2025-26 state budget, presented by the Tamil Nadu government on March 14, at a special conclave organised by the Federation of Indian Chambers of Commerce and Industries South India Chamber of Commerce and Industry in collaboration with The New Indian Express group, termed some of the state’s proposals as pathbreaking. Delivering the …

Telangana Budget 2025-26: Key takeaways | In charts
Top News
1 week ago

Telangana Budget 2025-26: Key takeaways | In charts

The Hindu  

The Telangana State budget with an outlay of ₹3.05 lakh crores was presented by the Deputy Chief Minister Mallu Bhatti Vikramarka in the Assembly today. Receipts and Expenditure Revenue receipts stand at ₹2.3 lakh crores for 2025-26 budget estimates, up from ₹2.02 lakh crores last year. Revenue expenditure for social services increased from ₹81.1 thousand crores in 2024-25 to ₹1.1 …

The road to Tamil Nadu becoming a $1 trillion economy
1 week ago

The road to Tamil Nadu becoming a $1 trillion economy

The Hindu  

These days, Tamil Nadu has been at the centre of national attention over a host of issues such as delimitation and the implementation of the National Education Policy and the use of the Tamil letter ‘Roo’ instead of the Indian currency symbol ‘₹’ in the promotional logo for the latest State Budget. Amid the brouhaha, the State government has brought …

TG posts better eco growth than nation’s
1 week, 1 day ago

TG posts better eco growth than nation’s

Deccan Chronicle  

Hyderabad: Telangana’s economy has performed better than India by registering faster growth in GSDP and per capita income in 2024-25, revealed deputy chief minister Mallu Bhatti Vikramarka during his Budget speech in the Legislative Assembly on Wednesday. Telangana's Gross State Domestic Product at current prices stands at Rs.16,12,579 crore, registering a growth rate of 10.1 per cent in 2024-25, compared …

Telangana presents ₹3.04-lakh-crore budget for 2025-26
Top News
1 week, 1 day ago

Telangana presents ₹3.04-lakh-crore budget for 2025-26

The Hindu  

The Telangana Government has presented a massive ₹3.04 lakh crore budget for the financial year 2025-26. The budget however reflects the State’s continued dependence on borrowings estimated at close to ₹70,000 crore including open market borrowings of ₹64,539 crore during the next fiscal. On the revenue receipts front, the State estimated the revenue to be at ₹2.29 lakh crore of …

Identities and symbols: On Tamil Nadu and the ரூ
1 week, 6 days ago

Identities and symbols: On Tamil Nadu and the ரூ

The Hindu  

Even as the ruling DMK government in Tamil Nadu engages in a political discourse with the BJP-led regime at the Centre over the delimitation of parliamentary and Assembly constituencies and the implementation of the National Education Policy, its use of the Tamil letter ‘Roo’ instead of the Indian currency symbol ‘₹’ in the promotional logo for the State Budget has …

Watch: Highlights of the Tamil Nadu Budget 2025
1 week, 6 days ago

Watch: Highlights of the Tamil Nadu Budget 2025

The Hindu  

Tamil Nadu’s Finance Minister Thangam Thennarasu presented the last full-fledged Budget of the DMK government before the Assembly elections, which will be held in 2026, in the Assembly Hall at Fort St. George in Chennai on March 14, 2025. The Budget pegs the State’s nominal GSDP at 14.5% in 2024-25, with real growth projected at 9% and an average inflation …

Outstanding borrowing will be ₹9,29,959 crore, says Finance Minister
1 week, 6 days ago

Outstanding borrowing will be ₹9,29,959 crore, says Finance Minister

The Hindu  

Tamil Nadu Finance Minister Thangam Thennarasu on Friday presented the Medium Term Fiscal Plan, which stated the State government has planned to borrow ₹1,62,096.76 crore during 2025-26 and make repayment of ₹55,844.53 crore. Mr. Thennarasu said Tamil Nadu remains a key growth engine, driven by a robust manufacturing base, rapid expansion in the services sector, and sustained public and private …

Tamil Nadu Budget 2025-26 to be presented in assembly at 9.30 AM today. Here is what to expect
1 week, 6 days ago

Tamil Nadu Budget 2025-26 to be presented in assembly at 9.30 AM today. Here is what to expect

Live Mint  

Tamil Nadu Finance Minister Thangam Thennarasu will present the state budget for 2025-26 on Friday amid the ruling DMK's war of words with the BJP-ruled centre. Later in the day, the Tamil Nadu assembly's Business Advisory Committee would meet and decide on the duration of the Budget session likely to begin on March 17. Amid a fierce language tussle with …

TN Budget 2025: State debt to rise to ₹9.29 lakh crore by March 2026
1 week, 6 days ago

TN Budget 2025: State debt to rise to ₹9.29 lakh crore by March 2026

New Indian Express  

CHENNAI: The debt burden of the Tamil Nadu government will burgeon to ₹9,29,959.30 crore by March 31, 2026, according to the budget documents for the year 2025-26. In view of the revenue augmentation measures, including improvement in tax administration and collection efficiency, the revenue deficit is expected to reduce to ₹31,282.23 crore in 2026-27 and subsequently reduce further to ₹18,026.48 …

Economic Survey does not make exact growth projections due to uncertainties: J. Jeyaranjan
2 weeks ago

Economic Survey does not make exact growth projections due to uncertainties: J. Jeyaranjan

The Hindu  

J. Jeyaranjan, Executive Vice Chairman, State Planning Commission, on Thursday said that the first-ever economic survey of Tamil Nadu — Economic Survey of Tamil Nadu 2024-25 — did not make exact growth projections for the coming years owing to various uncertainties. Technological disruptions could displace traditional jobs in industrial and services sectors, necessitating urgent reskilling, the survey said. Technological disruptions, …

TN’s growth rate consistent at over 8%: Economic Survey
2 weeks ago

TN’s growth rate consistent at over 8%: Economic Survey

Deccan Chronicle  

As a highly industrialized and urbanized economy, the State aimed to achieve a US $1 trillion economy by 2030 through strategic planning to address challenges like climate change, demographic shifts, technological disruptions, and changing employment landscapes, according to the survey released in Chennai on Thursday, on the eve of the State’s Budget presentation in the Assembly. With just 4% of …

Tamil Nadu not just growing, also leading: MK Stalin on Economic Survey 2024-25
2 weeks ago

Tamil Nadu not just growing, also leading: MK Stalin on Economic Survey 2024-25

India Today  

Tamil Nadu on Thursday released its first-ever Economic Survey for 2024-25, showcasing the state's economic progress and its roadmap to becoming a 1 trillion dollar economy by 2030. The report, presented by the Tamil Nadu State Planning Commission, highlighted the state's strong growth trajectory, with the Gross State Domestic Product reaching Rs 27.22 lakh crore in 2023-24. Tamil Nadu contributed …

Tamil Nadu’s first Economic Survey indicates State likely to maintain 8%+ growth rate
2 weeks ago

Tamil Nadu’s first Economic Survey indicates State likely to maintain 8%+ growth rate

The Hindu  

Tamil Nadu’s first Economic Survey 2024-25 has indicated that the State is expected to maintain a growth rate of above 8% in 2024-25. Building on a strong foundation of inclusive policies, Tamil Nadu has demonstrated remarkable economic resilience, consistently achieving growth rates of 8% or more since 2021-22,” the report said. The survey highlighted that Tamil Nadu’s progressive social policies, …

India’s GDP growth to surpass 6.5 per cent in FY26, one of the fastest rates among large economies: Moody’s
2 weeks, 1 day ago

India’s GDP growth to surpass 6.5 per cent in FY26, one of the fastest rates among large economies: Moody’s

Live Mint  

Higher government capex and a boost in consumption will fuel India's economic growth in FY26, exceeding 6.5 per cent in the next fiscal, Moody's ratings said on Wednesday. “Government capital expenditure, tax cuts for middle-class income groups to boost consumption and monetary easing will help India's real GDP growth exceed 6.5% for fiscal 2025-26 from 6.3% in fiscal 2024-25,” Moody's …

Maharashtra’s economy set to grow at 7.3% in 2024-25, outpacing national growth: Economic Survey
2 weeks, 5 days ago

Maharashtra’s economy set to grow at 7.3% in 2024-25, outpacing national growth: Economic Survey

The Hindu  

Maharashtra’s economy is projected to grow at 7.3% in the financial year 2024-25, surpassing the national growth estimate of 6.5%, according to the state’s pre-Budget Economic Survey tabled in the assembly on Friday. Maharashtra’s nominal Gross State Domestic Product for 2024-25 is estimated at ₹45.31 lakh crore, up from ₹40.55 lakh crore in 2023-24. During the rabi season, sowing covered …

Maharashtra retains top spot in FDI: State Economic Survey
2 weeks, 5 days ago

Maharashtra retains top spot in FDI: State Economic Survey

Hindustan Times  

MUMBAI: Maharashtra has maintained its top position in receiving foreign direct investment. In 2024-25, the state received FDI worth ₹1.13 lakh crore, the highest among all states in India, according to the Economic Survey of Maharashtra 2024-25, tabled in the state legislature on Friday. Maharashtra retains top spot in FDI: State Economic Survey The state received ₹6.46 lakh crore as …

Karnataka CM presents Rs 19,000 crore revenue deficit budget with Rs 4.09 lakh crore outlay
2 weeks, 6 days ago

Karnataka CM presents Rs 19,000 crore revenue deficit budget with Rs 4.09 lakh crore outlay

New Indian Express  

BENGALURU: Chief Minister Siddaramaiah, who also holds the Finance portfolio, presented a Rs 19,262 crore revenue-deficit Karnataka Budget for 2025-26 here on Friday, March 7, with a total outlay pegged at Rs 4,09,549 crore as against the revised estimate of Rs 3,65,865 crore for 2024-25. Though it showed commitment to implement the five guarantees, the allocation saw a stagnation as …

The state of India’s economy is not as bright as GDP data may suggest
3 weeks ago

The state of India’s economy is not as bright as GDP data may suggest

Live Mint  

Estimates of gross value added and gross domestic product for 2024-25 were released last month along with revised estimates for 2023-24 and final data for 2022-23. The numbers for 2024-25 were broadly in line with estimates released earlier, with GDP growth placed at 6.5%, marginally higher than the 6.4% reported as part of India’s first advance estimates. GDP growth rate …

State cannot achieve $1 trillion economy by 2030: PMK’s shadow economic survey
3 weeks, 2 days ago

State cannot achieve $1 trillion economy by 2030: PMK’s shadow economic survey

The Hindu  

Pattali Makkal Katchi published its first shadow economic survey report on Tuesday in which it said Tamil Nadu will not be able to attain $1 trillion economy as the maximum achievable target is estimated at ₹56 lakh crore, given the State’s economic growth. The report further said the tax revenues had also increased and the State government would meet the …

Andhra under severe financial stress, report informs House
3 weeks, 2 days ago

Andhra under severe financial stress, report informs House

Hindustan Times  

Andhra Pradesh has been facing tremendous financial stress due to shrinking of revenue base, bludgeoning expenses, increase in establishment costs, interest payments, welfare commitments and loss of capital city as a major commercial hub, according to the report of AP Socio-Economic Survey for 2024-25 that was tabled in the state legislative assembly on Monday. During 2023-24, the state’s own tax …

T.N. government to present its first Economic Survey on March 14
3 weeks, 5 days ago

T.N. government to present its first Economic Survey on March 14

The Hindu  

The Tamil Nadu government may launch its edition of the Economic Survey on March 14, the day the government will table the State Budget on the floor of the Assembly. Last year, the Centre for Public Finance at the Madras School of Economics brought out a working paper, “Economic Overview of Tamil Nadu,” with inputs from the State government, especially …

India’s GDP growth forecast: Indian economy grew at 6.2% in Q3 GDP data of 2024-25, down from 9.5% in the previous year
3 weeks, 6 days ago

India’s GDP growth forecast: Indian economy grew at 6.2% in Q3 GDP data of 2024-25, down from 9.5% in the previous year

The Hindu  

India’s real Gross Domestic Product grew 6.2% in the October to December 2024 period, the third quarter of the fiscal year, picking up pace from the 5.6% growth recorded in the previous quarter, according to data released by the National Statistics Office on Friday. “On the demand side, recovery in consumption growth, government expenditure and export growth look encouraging.” Exports …

India needs 7.8% average annual growth to become a high-income country by 2047: World Bank
3 weeks, 6 days ago

India needs 7.8% average annual growth to become a high-income country by 2047: World Bank

Live Mint  

India will need its economy to grow at an average annual rate of 7.8 per cent to become a high-income country by 2047. The World Bank said in its India Country Memorandum titled ‘Becoming a High-Income Economy in a Generation’ that India's growth averaged 6.3 per cent between 2000 and 2024. For India to become a high-income economy by 2047, …

Kerala set to become a trillion-dollar economy by 2047, say experts at IKGS
1 month ago

Kerala set to become a trillion-dollar economy by 2047, say experts at IKGS

The Hindu  

Strategic investments, sustainable development, and a thriving business ecosystem can help Kerala become a 1 trillion dollar economy by 2047, according to experts who participated in the Invest Kerala Global Summit held in Kochi. During discussions on the first day of the event held on Friday under the theme ‘Kerala Towards $1 Trillion Economy,’ participants said that the State could …

Uttarakhand’s economy grows 21 times in 23 years, outpacing Jharkhand, Chhattisgarh
1 month ago

Uttarakhand’s economy grows 21 times in 23 years, outpacing Jharkhand, Chhattisgarh

New Indian Express  

DEHRADUN: Uttarakhand’s economy has expanded 21 times in the past 23 years, surpassing the growth of Jharkhand and Chhattisgarh—both formed on 9 November 2000. This key finding is detailed in the Economic Survey Report for 2024-25, presented by Parliamentary Affairs Minister Prem Chand Agarwal in the assembly. During his presentation, Agarwal stated, "The report clearly indicates Uttarakhand's significant progress, highlighting …

India’s GDP growth to hit 6.4% in 2025 weighed by exports amid US tariffs: Moody’s Analytics
Trending News
1 month, 1 week ago

India’s GDP growth to hit 6.4% in 2025 weighed by exports amid US tariffs: Moody’s Analytics

Live Mint  

India’s Gross Domestic Product growth rate is expected to slow down further in 2025, Moody’s Analytics has said. In a report on Thursday, Moody’s said that India’s GDP growth rate will slow down to 6.4 per cent in 2025, from 6.6 per cent that was recorded in 2024. India’s growth to shrink further, China’s GDP to slow down too Moody’s …

In 10 years, Telangana’s GDP increased by 196.9 per cent
1 month, 1 week ago

In 10 years, Telangana’s GDP increased by 196.9 per cent

New Indian Express  

HYDERABAD: The GSDP of Telangana increased from Rs 5.05 lakh crore in 2014-15 to Rs 15.01 lakh crore in 2023-24, an increase of 196.9 per cent. According to the “Telangana State Statistical Abstract - 2024”, released by Deputy Chief Minister Mallu Bhatti Vikramarka on Monday, the state’s economy was at Rs 15.01 lakh crore in 2023-24 with major contributions coming …

TG’s GDP Hits Rs 15 Lakh Crore Mark, Outperforms All South Indian States
1 month, 1 week ago

TG’s GDP Hits Rs 15 Lakh Crore Mark, Outperforms All South Indian States

Deccan Chronicle  

Hyderabad: The size of the Telangana economy has almost tripled from Rs 5,05,849 crore in 2014-15 to Rs 15,01,981 crore in 2023-24, registering a growth of 196.9 per cent. Comparatively, India's GDP grew by only 136.89 per cent, according to the Telangana State Statistical Abstract prepared by the planning department and released by Deputy Chief Minister Mallu Bhatti Vikramarka at …

Odisha’s growth down to 7.2 per cent: Economic Survey
1 month, 1 week ago

Odisha’s growth down to 7.2 per cent: Economic Survey

New Indian Express  

BHUBANESWAR: Even as Odisha’s economic growth is estimated to contract to 7.2 per cent in 2024-25 compared to the previous fiscal’s estimation of 8.5 per cent, the size of the economy is expected to be Rs 9.5 lakh crore, up by 10 per cent from Rs 8.6 lakh crore in 2023-24, revealed the Economic Survey Report tabled in the state …

Southern States should benchmark themselves against the world: CEA V. Anantha Nageswaran
1 month, 2 weeks ago

Southern States should benchmark themselves against the world: CEA V. Anantha Nageswaran

The Hindu  

Chief Economic Adviser V. Anantha Nageswaran on Monday said it is about time that the Southern States benchmark themselves against the world and not just India, as the region is leading in many of the parameters when compared with the rest of the country. Southern States contribute over 30% of India’s GDP, with Tamil Nadu and Karnataka emerging as standout …

‘Seamless credit access, strong fiscal industry crucial for T.N. to achieve $10 trillion economy’
1 month, 2 weeks ago

‘Seamless credit access, strong fiscal industry crucial for T.N. to achieve $10 trillion economy’

The Hindu  

R. Mukundan, vice-president, Confederation of Indian Industry, and MD and CEO of Tata Chemicals, on Monday said seamless credit access and strong fiscal policies were crucial for South India to achieve its $10 trillion economy goal. Strengthening EV infrastructure and fostering industry-policy collaborations will be key to accelerating South India’s global competitiveness in sustainable technologies,” he said at the inaugural …

Takeaways from India’s budget that slashes income tax on the salaried middle class to spur growth
1 month, 3 weeks ago

Takeaways from India’s budget that slashes income tax on the salaried middle class to spur growth

Associated Press  

NEW DELHI — Indian Prime Minister Narendra Modi’s government presented an annual budget to Parliament on Saturday that focused on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and manufacturing. In her budget speech, Finance Minister Nirmala Sitharaman said the government is focused on boosting private investment to strengthen growth, increasing funding in …

Economic Survey 2024-25: India’s Growth Roadmap, Key Insights, and Future Projections
1 month, 3 weeks ago

Economic Survey 2024-25: India’s Growth Roadmap, Key Insights, and Future Projections

Op India  

The Union Finance Ministry on 30 January released the Economic Survey for the financial year 2024-25, ahead of presenting the budget for the next financial year. The Economic Survey 2024-25 provides a detailed assessment of India’s economic performance over the past year and outlines future growth prospects. The survey also notes the growth in insurance industry and expansion of India’s …

What Economic Survey 2024-25 says on 7 challenges facing the government
1 month, 3 weeks ago

What Economic Survey 2024-25 says on 7 challenges facing the government

Live Mint  

Every year, a day before the Union Budget, the government of the day comes out with the Economic Survey, which is both a report card of the Indian economy and a document of thoughts and ideas for the future. For India to achieve developed nation status by 2047, the Survey says: “This would entail sustained growth to close to 8% …

Economic Survey 2025: India to grow at 6.3-6.8% in FY26; deregulation, reforms could unleash domestic-led growth
1 month, 3 weeks ago

Economic Survey 2025: India to grow at 6.3-6.8% in FY26; deregulation, reforms could unleash domestic-led growth

Live Mint  

Economic Survey 2025: India’s economy is expected to grow between 6.3% and 6.8% in FY26 as fundamentals of the economy remain strong, but needs sustained growth of close to 8% a year for at least for a decade to become a developed nation by 2047, said the Economic Survey 2024-25 tabled in Parliament on Friday. On balance of these considerations, …

Digital economy to constitute fifth of Indian GDP by 2030: ICRIER report
2 months ago

Digital economy to constitute fifth of Indian GDP by 2030: ICRIER report

The Hindu  

India’s digital economy will grow twice as fast as the rest of the economy, and constitute 13.42% of national income by the end of 2024–25, as against 11.74% in 2022–23, according to a report prepared by the Indian Council for Research on International Economic Relations based on a study by the Ministry of Electronics and Information Technology. To quantify the …

Budget 2025 preview—Part 3: Skilling and jobs, exports, and middle-class woes
2 months, 1 week ago

Budget 2025 preview—Part 3: Skilling and jobs, exports, and middle-class woes

Live Mint  

Skilling: From degrees to employability India is in the middle of a demographic dividend—where we have more hands to work than to support—and it's going to last till 2040. That’s one reason India will find it hard to replicate China’s growth story, which revolved around drawing foreign investments in local manufacturing with the aim to export. India is also facing …

Budget 2025 preview—Part 3: Skilling and jobs, exports, and middle-class woes
2 months, 1 week ago

Budget 2025 preview—Part 3: Skilling and jobs, exports, and middle-class woes

Live Mint  

Skilling: From degrees to employability India is in the middle of a demographic dividend—where we have more hands to work than to support—and it's going to last till 2040. That’s one reason India will find it hard to replicate China’s growth story, which revolved around drawing foreign investments in local manufacturing with the aim to export. India is also facing …

The week in charts: GDP estimate, Nadella’s plan, ₹100 crore homes
2 months, 2 weeks ago

The week in charts: GDP estimate, Nadella’s plan, ₹100 crore homes

Live Mint  

The first advance estimates released on Tuesday forecast India's growth at 6.4%, the slowest in four years. Services dominance India’s services exports surpassed goods exports, reaching $35.7 billion—about $3 billion more than goods--in November 2024, preliminary data showed. India’s share in global services exports has steadily grown, reaching 4.2% by 2023, while its share in goods exports has remained flat …

TG GDP crosses India's average, IT exports hit $30B: Sridhar Babu
2 months, 2 weeks ago

TG GDP crosses India's average, IT exports hit $30B: Sridhar Babu

Deccan Chronicle  

Hyderabad: The GDP of Telangana has surpassed the national average with the state's annual IT exports reaching an impressive $30 billion, said IT and industries minister D. Sridhar Babu while inaugurating the global innovation centre set up by the Netherlands-based ARIQT at Raidurgam on Friday. The state is home to over 6,000 start-ups and 1,500 small and medium-sized software enterprises; …

India’s economy projected to grow 6.4% in FY25, the slowest in four years
2 months, 2 weeks ago

India’s economy projected to grow 6.4% in FY25, the slowest in four years

Hindustan Times  

The Indian economy is projected to grow at its slowest pace in four years in the 2024-25 financial year on the back of weaker consumption and muted exports, with pressure building on the Reserve Bank of India to cut interest rates. Real or inflation-adjusted gross domestic product rose 6.4% in the 2025 fiscal, according to the first advance estimates released …

Watch: Indian economy: what to expect in 2025?
2 months, 3 weeks ago

Watch: Indian economy: what to expect in 2025?

The Hindu  

At the start of 2024, there was a lot of excitement about the Indian economy - the country was one of the fastest growing economies in the world and there was anticipation that India will become a $4 trillion economy in 2024-25 and become the world’s third-largest economy by 2027. However, the latest data from the National Statistics Office showed …

State’s spending shoots up, revenue collection remains below par
3 months ago

State’s spending shoots up, revenue collection remains below par

Deccan Chronicle  

Hyderabad:The Comptroller and Auditor General of India on Friday released its detailed report on Telangana's state finances for April-November 2024, revealing significant increases in expenditure on debt servicing, salaries, pensions, and subsidies over the same period in 2023. The tax revenues reached `93,553.51 crore, representing 56.91 per cent of the `1,64,397.64 crore BE, marginally lower than 57.10 per cent last …

Ajit Ranade: India needs more sectors to be reliable dollar earners
3 months ago

Ajit Ranade: India needs more sectors to be reliable dollar earners

Live Mint  

India presently has more than a quarter trillion dollars of essential imports. Domestic production capacity for all these is unlikely to become ‘ atma nirbhar ’ in the near future, even as demand will grow as India chugs at a 7% or 8% growth rate. In a report, Ajay Srivastava, founder of Global Trade Research Initiative, analysed the structural changes …

At 3.16 per cent in five years, Kerala's economic growth 4th lowest in country
3 months ago

At 3.16 per cent in five years, Kerala's economic growth 4th lowest in country

New Indian Express  

THIRUVANANTHAPURAM: Despite topping the national charts on various human-development indices, Kerala’s economy has been limping for some time now. Kerala’s average annual growth rate in gross state domestic product between 2018-19 and 2022-23 stood at 3.16%, with only Delhi, Uttarakhand and Goa performing worse. The quick estimate for 2023-24 showed that Kerala’s GSDP improved to rs 6.35 lakh crore, posting …

Indian economy to grow 6.6% in FY26: Ind-Ra
3 months, 1 week ago

Indian economy to grow 6.6% in FY26: Ind-Ra

The Hindu  

India Ratings and Research on Wednesday projected the Indian economy to grow at 6.6% in 2025-26, up from 6.4% in the current fiscal year. Ind-Ra believes investments will be a key growth driver for the Indian economy in FY26, like in FY22 and FY24. While the June quarter GDP growth of FY25 was impacted by the combination of a strong …

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