GDP growth to hit 4-yr-low of 6.4% in FY25: Govt estimate
2 months, 3 weeks ago

GDP growth to hit 4-yr-low of 6.4% in FY25: Govt estimate

Hindustan Times  

New Delhi The Indian economy is expected to grow at 6.4% in 2024-25, a significant loss of momentum when compared to the 8.2% growth in 2023-24. The National Statistical Office released the first advanced estimates of GDP for the fiscal year 2024-25 on Tuesday projecting a GDP growth of 6.4%. While the latest GDP growth estimate is in line with the 6.4% forecast by a Bloomberg poll of economists, it is significantly lower than institutional forecasts at the beginning of the fiscal year. The 2023-24 Economic Survey -- it was presented along with the Union Budget in July 2024 -- for example, projected a GDP growth of 6.5% to 7% for 2024-25. Nominal GDP growth – it serves as the base for revenue collection – in 2024-25 is expected to be 9.7% which is lower than the 10.5% number assumed in the July 2024 Budget.

India Policy Growth Monetary Policy Indian 2024 This Number Rate Rbi Gdp Expected Fiscal Mpc Nso Gdp Growth Estimate Slowdown  slowdown  fiscal  govt  policy  rate  202425  expected  2024  estimate  growth  gdp  4yrlow  hit  fy25  64

History of this topic

India's Economy Likely To Grow At 6.5 Per Cent In FY26, Need To Boost Spending On Health, Education, Says EY
7 hours, 2 minutes ago

India's Economy Likely To Grow At 6.5 Per Cent In FY26, Need To Boost Spending On Health, Education, Says EY

ABP News  

India’s economic growth is anticipated to reach 6.5 per cent in the fiscal year 2025-26, according to the latest EY Economy Watch report. The March edition of EY Economy Watch estimated a real GDP growth of 6.4 per cent for the Indian economy for the 2024-25 fiscal year. Revised data from the National Statistical Office released last month suggested that …

100% growth over past 10 years! IMF says India GDP likely to hit ₹3.6 lakh crore by 2025-end. Top updates
Trending News
4 days, 5 hours ago

100% growth over past 10 years! IMF says India GDP likely to hit ₹3.6 lakh crore by 2025-end. Top updates

Live Mint  

The International Monetary Fund has in its latest report noted that India's GDP growth rate has doubled over the past decade, and the country is likely to reach ₹3.6 lakh crore by 2025-end, ANI reported. IMF data showed that India's GDP was ₹1.8 lakh crore in 2015 and is expected to reach ₹3.6 lakh crore by 2025-end — a 100 …

India's GDP has doubled to $4.2 trn over last ten years
4 days, 8 hours ago

India's GDP has doubled to $4.2 trn over last ten years

Deccan Chronicle  

India's Gross Domestic Product has doubled in size over last ten years, according to the latest data released by the International Monetary Fund.The data highlighted that the country's GDP at current prices was $2.1 trillion in 2015 and is expected to reach $4.27 trillion by the end of 2025, marking a 100 per cent increase in just ten years.The IMF …

India on track to surpass Japan's GDP, could overtake Germany by 2027: IMF
4 days, 9 hours ago

India on track to surpass Japan's GDP, could overtake Germany by 2027: IMF

India Today  

India is on track to surpass Japan and become the world’s fourth-largest economy by the third quarter of the financial year 2024-25, according to data from the International Monetary Fund. If India continues on this growth path, it could also surpass Germany, the world’s third-largest economy with a GDP of $4.9 trillion, by the second quarter of 2027. INDIA’S GROWTH …

India's GDP grows 105% in 10 years, now at $4.3 trillion: IMF
Top News
4 days, 14 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 Expected To Grow 6.5% In FY26, With 75-100 Bps Rate Cut, Says Report
5 days, 5 hours ago

India’s GDP Expected To Grow 6.5% In FY26, With 75-100 Bps Rate Cut, Says Report

ABP News  

India's GDP is expected to grow at 6.5 per cent in the fiscal year ending March 31, 2026, demonstrating the country's resilience in the Asia-Pacific region amid global uncertainties, according to S&P Global Ratings’ report released on Tuesday. This projection assumes a normal monsoon season and soft commodity prices, particularly crude oil, as noted in the global financial institution's latest …

India’s GDP Soars To $4.3 Trillion, Poised To Surpass Japan And Germany By 2027
1 week, 1 day ago

India’s GDP Soars To $4.3 Trillion, Poised To Surpass Japan And Germany By 2027

ABP News  

India’s GDP has surged from $2.1 trillion in 2015 to an estimated $4.3 trillion in 2025, reflecting an impressive 105 per cent increase, according to inflation-adjusted data from the International Monetary Fund. The growth trajectory positions India as a global economic powerhouse, poised to surpass Japan in 2025 and Germany by 2027, according to the report findings which was shared …

India’s GDP doubles to $4.3 trillion in 2025 from $2.1 trillion in 2015
1 week, 1 day 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 …

TN’s growth rate consistent at over 8%: Economic Survey
2 weeks, 2 days 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 …

Declining Inflation Sets The Stage For Stronger GDP Growth; Here's How
2 weeks, 3 days ago

Declining Inflation Sets The Stage For Stronger GDP Growth; Here's How

ABP News  

The decline in retail inflation to a level that is below the RBI’s targeted level of 4 per cent is expected to pave the way for accelerating GDP growth ahead as it provides the central bank with more headroom to cut interest rates and expand liquidity to spur economic activity and create more jobs. Similarly, a Crisil report states that …

Himachal Pradesh’s growth in 2024-25 pegged at 10.2%: State Economic Survey
Trending News
2 weeks, 3 days ago

Himachal Pradesh’s growth in 2024-25 pegged at 10.2%: State Economic Survey

The Hindu  

Himachal Pradesh’s growth in the financial year 2024-25 is seen growing at 10.2%, up from 9.9% in the financial year 2023-24, according to the State’s Economic Survey, 2024-25. The survey, which was tabled during the ongoing Budget session of Himachal Pradesh State Assembly by Chief Minister Sukhvinder Singh Sukhu, showed that according to the Advance Estimates, the Gross State Domestic …

Tamil Nadu’s first Economic Survey indicates State likely to maintain 8%+ growth rate
2 weeks, 3 days 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, …

What the recent GDP data revisions reveal
2 weeks, 3 days ago

What the recent GDP data revisions reveal

The Hindu  

National accounts data released on February 28, 2025 by the National Statistical Office provide two sets of information pertaining to, first, revised annual Gross Domestic Product /Gross Value Added estimates for 2022-23, 2023-24 and 2024-25 and, second, Q3 2024-25 GDP/GVA estimates accompanied by the second advance estimates for 2024-25. Looking at the four quarterly real GDP growth rates of 2024-25 …

India’s GDP growth to surpass 6.5 per cent in FY26, one of the fastest rates among large economies: Moody’s
2 weeks, 4 days 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 …

Gross domestic product: Grossly inadequate as a measure of well-being
3 weeks ago

Gross domestic product: Grossly inadequate as a measure of well-being

Live Mint  

The statistics ministry recently released a bunch of fresh data-sets related to India’s gross domestic product across three years, including a guesstimate of expected economic growth for the current year ending on 31 March. These data-sets managed to generate the usual commentary, controversy and divided opinions about the state of India’s economic well-being, despite a newly elected president halfway across …

Maharashtra’s economy set to grow at 7.3% in 2024-25, outpacing national growth: Economic Survey
3 weeks, 1 day 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 …

India’s industrial production growth likely at 3.7% in Jan, surge from 3.2 % in Dec 24: Union Bank of India
3 weeks, 1 day ago

India’s industrial production growth likely at 3.7% in Jan, surge from 3.2 % in Dec 24: Union Bank of India

Live Mint  

New Delhi, : India's industrial production, measured by the Index of Industrial Production, is likely to surge to 3.7 per cent year-on-year in January 2025, up from 3.2 per cent in December 2024, according to a report by Union Bank of India. However, the report also highlights that despite this monthly increase, the IIP growth in January is likely to …

Sanjeev Ahluwalia | Shoring up India’s flagging growth: Key govt challenge
3 weeks, 2 days ago

Sanjeev Ahluwalia | Shoring up India’s flagging growth: Key govt challenge

Deccan Chronicle  

The main challenge before the Narendra Modi government is how to balance the onerous investment and institutional demands of high growth, without risking a political blowback. GDP growth higher than comparators: GDP growth in real terms during the third quarter of this fiscal, at 6.2 per cent, is higher than the average of the first two quarters. The IMF estimates …

India to grow at 6.5% in fiscal 2026 despite challenges: Crisil
3 weeks, 2 days ago

India to grow at 6.5% in fiscal 2026 despite challenges: Crisil

The Hindu  

India’s real gross domestic product growth will be steady at 6.5% in fiscal 2026 despite uncertainties stemming from geopolitical turns and trade-related issues led by U.S. tariff actions, Crisil said at its India Outlook seminar on Thursday. Over the past few years, we have built a few safe harbours against exogenous shocks — healthy economic growth, low current account deficit …

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

India’s economy grew 66% in last decade: PM Modi at post-Budget webinar
Trending News
3 weeks, 3 days ago

India’s economy grew 66% in last decade: PM Modi at post-Budget webinar

Hindustan Times  

Prime Minister Narendra Modi said on Wednesday that India’s economy grew 66% over the last decade, citing a February report from the International Monetary Fund. Speaking at a post-budget webinar on employment generation, Modi highlighted what he called “remarkable observations” from the IMF regarding India’s economic performance. “Such a participatory model is rare, but I am happy that this annual …

Battle for growth: On India’s economic trajectory
Trending News
3 weeks, 5 days ago

Battle for growth: On India’s economic trajectory

The Hindu  

There was a significant uptick in India’s economic trajectory, in the December quarter of this financial year, registering a 6.2% real GDP growth rate, compared with a low revised estimate of 5.6% in the previous quarter. The 6.2% growth rate also suggests that the government’s full-year growth target of 6.5% is virtually unattainable, given global headwinds of tariffs that could …

GDP growth: India’s latest economic data stirs up a range of emotions
3 weeks, 6 days ago

GDP growth: India’s latest economic data stirs up a range of emotions

Live Mint  

Hard data is supposed to be cold and impersonal but also has the capacity to evoke myriad feelings. Consider the series of national-accounts data released on 28 February: India’s gross domestic product for the quarter from October to December 2024, second advance GDP estimates for 2024-25, first revised estimate for the previous year and the final estimate for 2022-23. Growth …

Securing the growth path
3 weeks, 6 days ago

Securing the growth path

Hindustan Times  

Last Friday’s GDP numbers were best summarised by HSBC chief India economist Pranjul Bhandari in a research note, “a beautiful past, predictable present”. We will know in May whether the March quarter numbers meet the assumed 7.6% target required to take 2024-25 GDP growth to the estimated 6.5%. Now, economic policy must preserve the relative comfort of the country being …

Sharp revision in GDP numbers raises data quality concerns
4 weeks ago

Sharp revision in GDP numbers raises data quality concerns

New Indian Express  

The recently announced GDP estimates for third quarter of 2024-25, second advance estimates of 2024-25, and revised and final GDP estimates of 2023-24 and 2022-24 show drastic revision in some of the estimates made earlier. As Madhavi Arora, economist, Emkay Global Financial Services, quips: “Massive upward revisions to past years and quarters have made the GDP forecast exercise extremely dynamic.” …

Viksit Bharat’2047 a realisable ambition, per capita income needs to grow at 7.3%: Panagariya
4 weeks, 1 day ago

Viksit Bharat’2047 a realisable ambition, per capita income needs to grow at 7.3%: Panagariya

Live Mint  

New Delhi, Mar 1 The 16th Finance Commission Chairman Arvind Panagariya on Saturday said India's aim to become a developed nation by 2047 is a "realisable ambition" for which the country’s per-capita income needs to grow at 7.3 per cent in dollar terms to USD 14,000 over the next 24 years. Speaking at the 49th Civil Accounts Day, Panagariya said …

India’s GDP growth picks up in Q3 at 6.2%
4 weeks, 1 day ago

India’s GDP growth picks up in Q3 at 6.2%

Hindustan Times  

The Indian economy grew at 6.2% in the quarter ending December 2024, according to data released by the National Statistical Office on Friday that also revised upward growth for 2022-23 and 2023-24 to 7.6% and 9.2%, which means the extent of the slowdown in 2024-25 is worse than previously estimated. The latest GDP numbers also mean that the Indian economy …

India to remain fastest growing major economy with 6.5% growth in FY26: IMF
Trending News
4 weeks, 1 day ago

India to remain fastest growing major economy with 6.5% growth in FY26: IMF

India Today  

Multilateral financing agency International Monetary Fund has said that India will retain its position as the fastest-growing major economy by clocking a GDP growth of 6.5 per cent in 2025-26, on the back of robust private investment and macroeconomic stability. "Real GDP is expected to grow at 6.5 per cent in 2024-25 and 2025-26, supported by robust growth in private …

Chief economic advisor calls out the paradox of India’s private sector investing abroad amid global uncertainties
Trending News
1 month ago

Chief economic advisor calls out the paradox of India’s private sector investing abroad amid global uncertainties

Live Mint  

New Delhi: The government’s chief economic advisor V. Anantha Nageswaran called on the private sector that’s been ramping up investments in overseas markets despite global uncertainties to also pour money into a country that’s outperforming several major economies: India. India’s statistics ministry on Friday, presenting its second advance estimates for 2024-25, marginally raised its India GDP growth estimate to 6.5% …

India's GDP Grows 6.2% in Q3 FY25, Recovery Gains Pace
Trending News
1 month ago

India's GDP Grows 6.2% in Q3 FY25, Recovery Gains Pace

Deccan Chronicle  

New Delhi: In line with the economists’ expectations, India’s economy regained the momentum in the December quarter, with its gross domestic product or GDP growing at 6.2 per cent, after slipping to a seven-quarter low of 5.6 per cent in the preceding July-September period. The nominal GDP or GDP at current prices is estimated to attain a level of Rs …

India Needs 7.8% Growth for Next 20 Years to Be HIC: World Bank
1 month ago

India Needs 7.8% Growth for Next 20 Years to Be HIC: World Bank

Deccan Chronicle  

Chennai: India will have to grow by 7.8 per cent on average over the next 22 years, above its historical average of 6.7 per cent to achieve high-income status. However, to reach the High-Income Country status by 2047, India would need to grow above its historical average of 6.7 per cent for the next two decades. India’s overall labour force …

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
1 month 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 …

GDP growth at 7.8% for 22 years: World Bank on how India can become high-income nation by 2047
1 month ago

GDP growth at 7.8% for 22 years: World Bank on how India can become high-income nation by 2047

Firstpost  

India is now less open to trade than it was a decade ago. A World Bank report released Friday highlights that India must log an annual growth rate of 7.8 per cent over the next 22 years to achieve that goal. In a report titled ‘Becoming a High-Income Economy in a Generation,’ the World Bank said the ambitious target is …

India’s economic growth accelerates to 6.2% in October-December
1 month ago

India’s economic growth accelerates to 6.2% in October-December

Live Mint  

Feb 28 - India's economy grew by 6.2% in October-December, marginally below expectations but faster than in the previous quarter on the back of increased government and consumer spending, data released on Friday showed. COMMENTS GAURA SEN GUPTA, INDIA ECONOMIST, IDFC FIRST BANK, MUMBAI The Q3 GDP growth is "marginally better than our expectations". MADHAVI ARORA, CHIEF ECONOMIST, EMKAY GLOBAL …

Real GDP For FY2024-25 Is Projected To Grow By 6.5%: Govt Data
1 month ago

Real GDP For FY2024-25 Is Projected To Grow By 6.5%: Govt Data

ABP News  

Real GDP for FY2024-25 is estimated to grow by 6.5 per cent, while nominal GDP is projected to witness a growth rate of 9.9 per cent. Meanwhile, Nominal GDP, or GDP at Current Prices, is expected to reach Rs 331.03 lakh crore in FY 2024-25, up from Rs 301.23 lakh crore in FY 2023-24, reflecting a growth rate of 9.9 …

GDP grows at 6.2% in Q3 2024-25, up from 5.6% in Q2
1 month ago

GDP grows at 6.2% in Q3 2024-25, up from 5.6% in Q2

India Today  

India’s economy grew by 6.2% in the third quarter of the financial year 2024-25, according to data released by the National Statistics Office, Ministry of Statistics and Programme Implementation. The latest figures suggest a steady expansion of the economy, with the real GDP growth rate for the second quarter of FY 2024-25 being revised upward to 5.6%. Real GDP has …

India Q3 GDP: Indian economy grew 6.2% in December quarter, FY25 growth pegged at 6.5%
1 month ago

India Q3 GDP: Indian economy grew 6.2% in December quarter, FY25 growth pegged at 6.5%

Live Mint  

New Delhi: India’s economic growth engine showed some spark in the December quarter to recover from a low in the September quarter. The third quarter’s growth rate, supported by government spending and consumption amid festive demand, was still far from the 9.5% recorded in the corresponding quarter of the previous fiscal. Economists’ views Some economists expect India’s FY25 GDP growth …

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

Growth accelerates, but remains too slow to achieve mission 2047
1 month ago

Growth accelerates, but remains too slow to achieve mission 2047

New Indian Express  

India’s GDP growth rebounded in the third quarter to 6.2 percent, ending the slowdown streak seen over the previous few quarters. According to Chief Economic Adviser V Anantha Nageswaran, the fourth quarter needs to turn in 7.6 percent growth to achieve the full-year estimate, which saw a modest revision upwards on Friday. Though government expenditure and investments are likely to …

India’s GDP growth likely improved to 6.3% in December quarter: Mint poll
1 month ago

India’s GDP growth likely improved to 6.3% in December quarter: Mint poll

Live Mint  

India’s economic growth likely rose to 6.3% in the December quarter from 5.4% the previous quarter after a rise in government spending and a revival in consumption, especially in rural areas, provided support, according to a median estimate of 23 economists polled by Mint. “India’s economic performance in Q3FY25 benefitted from a sharp ramp-up in aggregate government spending on capital …

Week Ahead: India Q3GDP data, F&O expiry, FII flow, global cues among key triggers for Indian stock market
1 month, 1 week ago

Week Ahead: India Q3GDP data, F&O expiry, FII flow, global cues among key triggers for Indian stock market

Live Mint  

The Indian stock market traded within a tight range to extend its corrective phase while settling at its lowest since early June. India's economic growth, the scheduled expiry of February's derivative contracts, Donald Trump's tariff announcements, the rupee-dollar rate, foreign fund outflow, domestic and global macroeconomic data, and global market cues will dictate the market direction in the next five …

Indian economic growth pegged at 6.2% in December quarter from 5.4% in Q2: Union Bank of India
1 month, 1 week ago

Indian economic growth pegged at 6.2% in December quarter from 5.4% in Q2: Union Bank of India

Live Mint  

India's economic growth is expected to pick up momentum in the third quarter of the financial year 2024-25, with GDP growth estimated at 6.2 per cent, up from 5.4 per cent in the second quarter, according to a report by Union Bank of India. It said “We estimate Q3FY25 GDP growth rate to mark an uptick to 6.2 per cent, …

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 …

India’s GDP to grow at 6.3% in FY25, says SBI Research
1 month, 1 week ago

India’s GDP to grow at 6.3% in FY25, says SBI Research

Deccan Chronicle  

Mumbai: SBI Research, in a report, has estimated India’s GDP growth to be 6.3 percent in 2024-2025, assuming that the National Statistical Office does not make major revisions to the earlier first and second quarter estimates. The report stated that leveraging 36 high-frequency indicators, the estimated GDP growth for the third quarter of the current financial year should be between …

Past capex and robust rural demand will propel India’s economic growth: SBICap
1 month, 1 week ago

Past capex and robust rural demand will propel India’s economic growth: SBICap

Live Mint  

New Delhi: India’s economic growth over the next 15 months may benefit from the lagged impact of past capital expenditure and strong rural demand amid slowing consumer spending, SBI Capital Markets Ltd said in a report on Wednesday. SBICap added that private final consumption expenditure, or consumer spending, in India, which accounts for more than 60% of India’s real GDP, …

Indian economy likely grew by 6.2-6.3% in December quarter of FY25 on capex, demand revival: SBI
1 month, 1 week ago

Indian economy likely grew by 6.2-6.3% in December quarter of FY25 on capex, demand revival: SBI

Live Mint  

India Q3 GDP Growth: The State Bank of India estimates that India's gross domestic product grew 6.2-6.3 per cent in the December quarter of 2024-25. India Q3 GDP Growth Estimates SBI Research's October-December GDP estimates highlighted its in-house developed 'Nowcasting Model', which leverages 36 high-frequency indicators. India's GDP grew by 8.2 per cent during the financial year 2023-24 and continued …

SBI pegs India’s Q3FY25 GDP growth at 6.2%-6.3%
1 month, 1 week ago

SBI pegs India’s Q3FY25 GDP growth at 6.2%-6.3%

The Hindu  

The Economic department of State Bank of India has pegged India’s Gross Domestic Product growth for Q3 FY25 at 6.2% to 6.3%. “Impinging upon our in-house developed ‘Nowcasting Model’ that leverages 36 high frequency indicators, we estimate the GDP growth for Q3 FY25 should come around 6.2%-6.3%,” said SBI in a Special Research Report on Wednesday. “IIP manufacturing growth has …

‘GDP likely to grow at a slower 6.4%-6.6% in Q3FY25 on geopolitical pressures’
1 month, 1 week ago

‘GDP likely to grow at a slower 6.4%-6.6% in Q3FY25 on geopolitical pressures’

The Hindu  

India’s Gross Domestic Product is expected to grow at a slower rate of 6.4% to 6.6% in the third quarter of fiscal 2025 as opposed to 8.6% in the same period last year on account of global uncertainties spilling over to the Indian economy. Bank of Baroda projected a GDP growth rate of 6.6% in the reporting quarter while ICRA …

India’s economic growth pegged at 6.3% in December quarter of FY25 on govt spending: ICRA
1 month, 1 week ago

India’s economic growth pegged at 6.3% in December quarter of FY25 on govt spending: ICRA

Live Mint  

India Q3 GDP Growth: Domestic rating agency ICRA projected India's gross domestic product to grow 6.4 per cent in the December quarter of FY25, driven by enhanced government spending amid uneven consumption. India Q3 GDP Growth Estimates ICRA Chief Economist Aditi Nayar said India's economic performance in Q3 FY2025 benefitted from a sharp ramp-up in aggregate government spending on capital …

Industrial output growth skids to four-month low of 3.2%
1 month, 2 weeks ago

Industrial output growth skids to four-month low of 3.2%

The Hindu  

India’s industrial output growth dropped to a four-month low of 3.2% in December, with manufacturing and mining sectors rising just 3% and 2.6%, respectively, and consumer non-durables’ production slipping 7.6% from a year ago. The National Statistics Office also downgraded the industrial production growth assessment for November 2024 to 5% from 5.2% estimated earlier. Consumer non-durables remained a worry, with …

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