Industrial production witnesses growth of 3.7 per cent in June 2023: NSO data
1 year, 7 months ago

Industrial production witnesses growth of 3.7 per cent in June 2023: NSO data

India TV News  

A recent data released by the National Statistical Office revealed that India’s industrial production rose by 3.7 per cent in June. According to the official data, the factory output measured in terms of the Index of Industrial Production grew by 12.6 per cent in June 2022. The data released by the NSO also showed that the manufacturing sector’s output increased by 3.1 per cent in June 2023. Power generation sees a rise Power generation rose 4.2 per cent in June 2023 compared to 16.4 per cent a year ago.

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India's Retail Inflation Drops To 7-Month Low Of 3.61% In February 2025
4 days, 10 hours ago

India's Retail Inflation Drops To 7-Month Low Of 3.61% In February 2025

ABP News  

India’s retail inflation, measured by the Consumer Price Index, fell to a seven-month low of 3.61 per cent in February 2025, down from 4.31 per cent in January, as vegetable prices declined, according to government data released on Wednesday. India’s Industrial Output India's industrial production grew by 5 per cent in January 2025, driven primarily by the strong performance in …

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

The state of India’s economy is not as bright as GDP data may suggest
1 week, 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
1 week, 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 …

PMI data: India’s services growth recovers in February after slowing in January
Trending News
1 week, 4 days ago

PMI data: India’s services growth recovers in February after slowing in January

Live Mint  

New Delhi: India's services sector expanded faster in February after growing at its slowest pace in more than two years during January, a private survey released on Wednesday showed. The seasonally adjusted HSBC India Services Purchasing Managers’ Index, compiled by S&P Global, rose to 59 in February from 56.5 in January, remaining comfortably above the 50-point mark that separates expansion …

Battle for growth: On India’s economic trajectory
Trending News
1 week, 6 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 …

Manufacturing PMI slides to 56.3 in February on 14-month slowdown in sales growth
1 week, 6 days ago

Manufacturing PMI slides to 56.3 in February on 14-month slowdown in sales growth

The Hindu  

India’s private sector manufacturing activity, as measured by the HSBC Manufacturing Purchasing Managers Index, slowed to 56.3 on sales growing the slowest in more than a year in February 2025, according to a statement from HSBC. “Robust global demand continued to boost growth in the Indian manufacturing sector, which increased its purchasing activity and employment. Although output growth slowed to …

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
2 weeks, 2 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 Q3 GDP: Indian economy grew 6.2% in December quarter, FY25 growth pegged at 6.5%
2 weeks, 2 days 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’s GDP growth likely improved to 6.3% in December quarter: Mint poll
2 weeks, 5 days 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 …

India’s GDP growth to hit 6.4% in 2025 weighed by exports amid US tariffs: Moody’s Analytics
Trending News
3 weeks, 3 days 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
3 weeks, 3 days 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 …

Indian economy likely grew by 6.2-6.3% in December quarter of FY25 on capex, demand revival: SBI
3 weeks, 4 days 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 …

India’s economic growth pegged at 6.3% in December quarter of FY25 on govt spending: ICRA
3 weeks, 5 days 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 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 …

RBI MPC meeting 2025: RBI projects 6.7% growth for FY’26 on better Rabi harvest, tax relief by govt
1 month, 1 week ago

RBI MPC meeting 2025: RBI projects 6.7% growth for FY’26 on better Rabi harvest, tax relief by govt

The Hindu  

Reserve Bank on Friday projected the growth rate for the upcoming financial year at 6.7%, up from 6.4% estimated for the current fiscal ending March. Healthy Rabi prospects and an expected recovery in industrial activity should support economic growth in 2025-26, RBI Governor Sanjay Malhotra said while announcing his first bi-monthly monetary policy for the current fiscal. Finance Minister Nirmala …

PMI data: India’s services growth slows to more than two-year low in January
Top News
1 month, 1 week ago

PMI data: India’s services growth slows to more than two-year low in January

Live Mint  

New Delhi: India's service sector expanded at its slowest pace in more than two years during January, owing to lower demand and a softer increase in sales and output, a private survey released on Wednesday said. The seasonally adjusted HSBC India Services Purchasing Managers’ Index, compiled by S&P Global, fell to 56.5 in January, its lowest since November 2022, but …

Manufacturing Output Rises in January, Says PMI
1 month, 1 week ago

Manufacturing Output Rises in January, Says PMI

Deccan Chronicle  

New Delhi: After plunging to a twelve-month low in December, the manufacturing activities in India showed a significant upward movement in January, driven by resilient demand and strong output, especially in sharp rise in export orders. The HSBC India Manufacturing Purchasing Managers' Index or PMI rose to a six-month high of 57.7 in the same month from 56.4 in the …

India’s manufacturing growth hits six-month high in January: HSBC PMI survey
Trending News
1 month, 1 week ago

India’s manufacturing growth hits six-month high in January: HSBC PMI survey

Live Mint  

New Delhi: India’s manufacturing growth, which moderated in December, rose to a six-month high in January on the back of rising new export orders, a private survey released on Monday said. With new orders rising at the quickest pace since last July, fuelled by the steepest upturn in exports in nearly 14 years, there was a stronger expansion in output," …

Takeaways from India’s budget that slashes income tax on the salaried middle class to spur growth
1 month, 2 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, 2 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 …

Core sectors’ output hit a seven-month high in December
1 month, 2 weeks ago

Core sectors’ output hit a seven-month high in December

The Hindu  

Output in India’s eight core infrastructure sectors hit a seven-month high in December, even as year-on-year growth moderated a tad from an upgraded 4.4% in November to 4%. Seven of the eight sectors that account for about 40% of India’s industrial production, recorded an improvement over December 2023 levels, with crude oil breaking a seven-month contraction streak with a minor …

What Economic Survey 2024-25 says on 7 challenges facing the government
1 month, 2 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% …

India lowers growth outlook amid rising economic uncertainty
1 month, 2 weeks ago

India lowers growth outlook amid rising economic uncertainty

India Today  

Finance Minister to give the Budget 2025 speech on Saturday The Centre forecasts a 6.3-6.8 per cent growth for FY26, a slower pace than before GDP projections match IMF, ADB, and World Bank forecasts The economy is expected to grow 6.3-6.8 per cent in the coming fiscal year, a slower pace than before, according to the Economic Survey presented in …

Economic Survey 2024-25: Key takeaways in charts
1 month, 2 weeks ago

Economic Survey 2024-25: Key takeaways in charts

The Hindu  

Union Finance Minister Nirmala Sitharaman on Friday tabled the Economic Survey for the year 2024-25 in Parliament. Here is the key takeaways from the Economic Survey 2024-25: Economic Survey 2024-25 LIVE Real GDP Despite global uncertainty, India has maintained steady economic growth, according to the Economic Survey 2024-25. Inflation The Economic Survey 2024-25 reports that food inflation, measured by the …

‘Getting back into the fast lane’: What Economic Survey says about the health of Indian economy
1 month, 2 weeks ago

‘Getting back into the fast lane’: What Economic Survey says about the health of Indian economy

Firstpost  

Even as India’s economic growth slowed in 2024-25 to a four-year low at 6.4% amid declining manufacturing activity, the Economic Survey said that there were signs that recovery is in the motion and said the overall picture remained encouraging Employees assemble different parts onto car panels at an assembly line inside the manufacturing plant of Renault Nissan Automotive India in …

Economic Survey projects India’s GDP growth at 6.3%-6.8% for FY 2025-26
1 month, 2 weeks ago

Economic Survey projects India’s GDP growth at 6.3%-6.8% for FY 2025-26

Hindustan Times  

New Delhi:The Economic Survey, tabled by union finance minister Nirmala Sitharaman on Friday, projects India’s gross domestic product growth in the range of 6.3% to 6.8% for the financial year 2025-26. Union finance minister Nirmala Sitharamantabled the Economic Survey on Friday The survey, which comprises 13 chapters, focuses on global threats to India’s trade and industries and highlights the potential …

Economic Survey 2025: India to grow at 6.3-6.8% in FY26; deregulation, reforms could unleash domestic-led growth
1 month, 2 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, …

Economic Survey 2024-25: India's GDP Likely To Grow At 6.3-6.8 Per Cent In FY26
Top News
1 month, 2 weeks ago

Economic Survey 2024-25: India's GDP Likely To Grow At 6.3-6.8 Per Cent In FY26

ABP News  

The Economic Survey 2024-25 projected India's GDP to grow at the rate of 6.3 per cent to 6.8 per cent in the 2025-26 fiscal year. In terms of inflation, the survey expects food inflation to ease in the last quarter of the current fiscal year, backed by the seasonal softening of vegetable prices and Kharif harvest arrival. India's GDP Likely …

Economic Survey to be tabled today, likely to project India’s GDP growth at 6.3-6.8% in 2025-26
1 month, 2 weeks ago

Economic Survey to be tabled today, likely to project India’s GDP growth at 6.3-6.8% in 2025-26

Firstpost  

The Economic Survey is expected to say that the Indian economy would grow at the slowest in four years at 6.4 per cent in the current financial year Labourers travel in a tractor trolley past hospital buildings under construction, after finishing their day's work, in Ahmedabad, India, May 27, 2015. The Economic Survey 2024-25 is expected to project economic growth …

India to Grow 6.5 PC in FY25, 6.7 PC in FY26, FY27: WB
1 month, 3 weeks ago

India to Grow 6.5 PC in FY25, 6.7 PC in FY26, FY27: WB

Deccan Chronicle  

Chennai: The World Bank has projected that the Indian economy will soften its growth in FY25 to 6.5 per cent, while it has retained the growth for next fiscal at 6.7 per cent. In India, growth is expected to decelerate to 6.5 per cent in FY25 from 8.2 per cent in FY24, reflecting a slowdown in investment and weak manufacturing …

India to grow at 6.7 per cent for next 2 fiscal years: World Bank
Trending News
1 month, 3 weeks ago

India to grow at 6.7 per cent for next 2 fiscal years: World Bank

Deccan Chronicle  

Washington: India's economic growth is projected to remain steady at 6.7 per cent per annum for the next the two fiscals beginning April 2025, according to the World Bank's latest growth estimates for South Asia. Growth in South Asia is expected to rise to 6.2 per cent in 2025-26, with the projected firm growth in India, the World Bank said …

Will India's growth story gain momentum or slow down in FY26?
Trending News
1 month, 3 weeks ago

Will India's growth story gain momentum or slow down in FY26?

India Today  

India's growth story has been a tale of resilience and steady strides over the past few years, but as the global economy faces increased turbulence, the big question now is—can the momentum hold, or will the pace falter in FY26? According to the latest World Bank report, India’s economic growth is projected to remain steady at 6.7% annually for the …

WEF says India remains fastest-growing major economy but global growth to weaken in 2025
2 months ago

WEF says India remains fastest-growing major economy but global growth to weaken in 2025

Firstpost  

India, the world’s fastest-growing major economy, is projected to maintain robust growth, according to a survey of chief economists carried out by the World Economic Forum The global economy is likely to face significant headwinds in 2025, with most chief economists predicting weaker conditions, according to a new report released Thursday by the World Economic Forum. The Chief Economists Outlook …

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

Low-base effect lifts industrial production to seven-month high
2 months ago

Low-base effect lifts industrial production to seven-month high

New Indian Express  

NEW DELHI: Industrial production increased to a seven-month high of 5.2% year-on-year in November 2024 as compared to 3.7% in October, thanks largely to a low-base effect. Though sequentially, industrial production contracted by 1.2% in November as the effect of festive season waned earlier this year. Despite the November industrial production growth largely attributed to low base effect, experts see …

India’s economy projected to grow 6.6% in 2025, driven by private demand, investment: UN
2 months ago

India’s economy projected to grow 6.6% in 2025, driven by private demand, investment: UN

Live Mint  

The Indian economy is projected to expand by 6.6 per cent in 2025, primarily supported by robust private consumption and investment, according to a United Nations report. It also said that the near-term outlook for South Asia is expected to remain robust, with growth projected at 5.7 per cent in 2025 and 6.0 per cent in 2026, “driven by strong …

India’s Industrial Output Hits 6-Month High at 5.2%
2 months ago

India’s Industrial Output Hits 6-Month High at 5.2%

Deccan Chronicle  

India's industrial output growth accelerated to a six-month high of 5.2 per cent year-on-year in November 2024 against the backdrop festive demand and pick-up in manufacturing sector. As per use-based classification, the data further showed that the capital goods segment growth accelerated to 9 per cent in November 2024 against a contraction of 1.1 per cent in the year-ago period. …

Factory output growth hits 6-month high of 5.2% in November, says Govt data
2 months ago

Factory output growth hits 6-month high of 5.2% in November, says Govt data

The Hindu  

India’s industrial production growth accelerated to a six-month high of 5.2% year-on-year in November 2024, riding on the increased festive demand and pick up in manufacturing sector, according to the official data released on Friday. As per use-based classification, the capital goods segment growth accelerated to 9 per cent in November 2024 against a contraction of 1.1% in the year-ago …

India’s industrial production expands to six-month high of 5.2% in November
2 months ago

India’s industrial production expands to six-month high of 5.2% in November

Live Mint  

India's industrial output surged to a six-month high of 5.2% annually in November, driven by strong gains in the manufacturing sector. Manufacturing output rose 5.8% in November, while electricity generation and mining activity grew by 4.4% and 1.9%, respectively, according to the latest data released by the Ministry of Statistics and Programme Implementation on Friday. Despite the November rebound, industrial …

UN predicts India’s economy to grow at 6.6% with strong private consumption, investment
2 months ago

UN predicts India’s economy to grow at 6.6% with strong private consumption, investment

Firstpost  

As per the UN World Economic Situation and Prospects 2025, the Indian economy is forecast to expand by 6.6 per cent in 2025. The Indian economy is projected to return to the 6.8 per cent growth in 2026 The Indian economy is expected to grow by 6.6 per cent in 2025. The Indian economy is projected to expand by 6.6 …

India’s economy projected to grow 6.6% in 2025, supported by strong private consumption, investment: UN
2 months ago

India’s economy projected to grow 6.6% in 2025, supported by strong private consumption, investment: UN

The Hindu  

The Indian economy is projected to expand by 6.6% in 2025, primarily supported by robust private consumption and investment, according to a United Nations report that said economic growth in South Asia is expected to remain robust this year mainly driven by the "strong performance" in India. The UN World Economic Situation and Prospects 2025, released in United Nations on …

Decoding India’s growth slowdown
Trending News
2 months ago

Decoding India’s growth slowdown

The Hindu  

The first advance estimates of India’s Gross Domestic Product in 2024-25, released by the National Statistics Office this week, shows a decline in the real GDP growth rate to 6.4% from 8.2% registered in 2023-24. The annual growth rates of real gross fixed capital formation in public and private sectors During the 10 years of the United Progressive Alliance rule, …

India is shining but needs to go beyond IT to become global power
2 months, 1 week ago

India is shining but needs to go beyond IT to become global power

Firstpost  

In order to compete and excel China as an economic and military power, India needs to add hard muscle power to its digital power. Recent statistics showing India’s services exports surpassing its merchandise exports are not just numbers but a testament to the country’s growing strategic importance in the global tech services value chain. The presence of these centres underscores …

​Growth chill: On the economy
2 months, 1 week ago

​Growth chill: On the economy

The Hindu  

The National Statistics Office has confirmed emerging fears about the economy’s evidently sluggish trajectory through this year in its first Gross Domestic Product estimates for 2024-25. While the election-focused first quarter hit public capital spending, the second quarter was marred by weak demand and still underwhelming public capex, dragging GDP growth to a seven-quarter low of 5.4%. The NSO’s projection …

India's 2024 power output growth is slowest since pandemic, data shows
2 months, 1 week ago

India's 2024 power output growth is slowest since pandemic, data shows

The Hindu  

India's electricity generation grew at its slowest pace in 2024 since the COVID-19 pandemic, an analysis of federal grid regulator data showed, hit by a slowdown in the world's fastest growing major economy. Power output rose 5.8% annually to 1,824.13 billion kilowatt-hours, an analysis of daily load despatch data from federal grid regulator Grid-India showed. Growth in power generation averaged …

SBI downgrades India’s GDP growth forecast to 6.3% for FY25, citing economic challenges
Trending News
2 months, 1 week ago

SBI downgrades India’s GDP growth forecast to 6.3% for FY25, citing economic challenges

Live Mint  

The State Bank of India SBI's revised forecast for FY25 GDP growth in India is 6.3%, which is a little less than the 6.4% estimate from the National Statistical Office. In its initial advance GDP projections, the National Statistical Office estimated that India's real GDP growth would be 6.4% in FY25. GDP growth likely to slip to 6.4% in FY25: …

India's power output growth in 2024 slowest since pandemic: Report
2 months, 1 week ago

India's power output growth in 2024 slowest since pandemic: Report

India Today  

Electricity generation in 2024 grew at its slowest pace since the Covid-19 pandemic, reflecting a broader economic slowdown, reported news agency Reuters, quoting data from Grid-India. “Electricity demand picked up in December with colder weather boosting heating system usage,” Sooraj Narayan, head of Asia-Pacific power modeling at Wood Mackenzie, told the news agency. “We expect a demand growth rate of …

Downward revision of GDP growth estimates set gloomy backdrop to Union Budget: Congress
2 months, 1 week ago

Downward revision of GDP growth estimates set gloomy backdrop to Union Budget: Congress

New Indian Express  

NEW DELHI: The downward revision of GDP growth estimates for the current fiscal calls for radical action to dispel the cloud of growth slowdown and investment chill in the country, the Congress said on Wednesday. In a statement, Ramesh said the advance estimates released by the Union government for GDP growth in the 2024-25 financial year projected a mere 6.4 …

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