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 by the ministry of statistics on Tuesday, compared to a provisional estimate of 8.2% growth in the previous year. “Real GDP has been estimated to grow by 6.4 per cent in FY 2024-25 as compared to the growth rate of 8.2 per cent in Provisional Estimate of GDP for FY 2023-24. Calls for lowering the repo rate grew louder after the growth slowed to a seven-quarter low during July-September of FY25, data released by the statistics and programme implementation ministry showed on November 29.

India Growth Interest Rates Cent Rate Gdp Grow  rate  projected  value  fy  previous  64  economy  compared  interest  cent  bank  grow  fy25  gdp  indias  growth  slowest

History of this topic

RBI likely to maintain rate-cut cycle amid global growth challenges and inflation fall, finds HDFC MF report
1 day, 8 hours ago

RBI likely to maintain rate-cut cycle amid global growth challenges and inflation fall, finds HDFC MF report

Live Mint  

India's central bank is likely to continue its rate cut cycle amid global growth challenges and inflation reaching within target levels, according to an HDFC Mutual Fund report. The Reserve Bank of India's repo rate cuts are expected to continue as risk of headwinds in global growth looms large, especially due to the economic conditions in the United States, it …

100% growth over past 10 years! IMF says India GDP likely to hit ₹3.6 lakh crore by 2025-end. Top updates
Trending News
1 day, 8 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
1 day, 11 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
1 day, 13 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
1 day, 17 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
2 days, 9 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
5 days, 3 hours 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
5 days, 9 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 …

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 …

RBI Could Implement 75 Bps Rate Cut In 2025, With Quarterly Reductions: Report
1 week, 5 days ago

RBI Could Implement 75 Bps Rate Cut In 2025, With Quarterly Reductions: Report

ABP News  

SBI Research's Ecowrap forecasts a 75-basis-point rate cut for this fiscal year. CPI Inflation India's consumer price index inflation fell to a seven-month low of 3.6 per cent in February 2025, primarily due to a significant drop in food prices. Despite the overall inflation slowdown, imported inflation has surged, rising from 1.3 per cent in June 2024 to 31.1 per …

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 …

Declining Inflation Sets The Stage For Stronger GDP Growth; Here's How
2 weeks 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 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 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 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 Retail Inflation Drops To 7-Month Low Of 3.61% In February 2025
2 weeks, 1 day 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 …

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 …

Gross domestic product: Grossly inadequate as a measure of well-being
2 weeks, 4 days 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
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 …

India’s industrial production growth likely at 3.7% in Jan, surge from 3.2 % in Dec 24: Union Bank of India
2 weeks, 5 days 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 …

Omar presents survey report in J&K House, says economy may grow at 7%
2 weeks, 6 days ago

Omar presents survey report in J&K House, says economy may grow at 7%

New Indian Express  

SRINAGAR: The Jammu and Kashmir economy is projected to grow at 7.06 percent and the nominal Gross State Domestic Product may increase by 11.19 percent in 2024-25, according to the Economic Survey Report 2024-2025. “J&K UT is estimated to achieve a compound annual growth rate of 4.89 percent in its real GSDP from 2019-20 to 2024-25 in comparison to 4.81 …

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

RBI highlights moderation in personal loan expansion, now at 14.2% in January
3 weeks, 3 days ago

RBI highlights moderation in personal loan expansion, now at 14.2% in January

Live Mint  

The latest data presented by the Reserve Bank of India show easing of personal loan expansion in India's financial sector. Personal loan expansion year-to-year was 14.2% in the fortnight as of January 24, 2025 as detailed in a press release by RBI on Feb 28, 2025. On a year-on-year basis, non-food bank credit as of the fortnight ended January 24, …

India’s GDP to grow at faster pace in Q4; RBI rate cut and businesses at Mahakumbh could aid recovery: Report
3 weeks, 3 days ago

India’s GDP to grow at faster pace in Q4; RBI rate cut and businesses at Mahakumbh could aid recovery: Report

Live Mint  

New Delhi, March 3 : India's economy is expected to grow at a much better pace in the fourth quarter of FY25, supported by strong government spending, a recovery in the rural economy, and a likely increase in private investment, according to a report by Centrum. The report projects GDP growth for FY25 at 6.5 per cent, with rate cut …

GDP growth: India’s latest economic data stirs up a range of emotions
3 weeks, 3 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, 4 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 …

Viksit Bharat’2047 a realisable ambition, per capita income needs to grow at 7.3%: Panagariya
3 weeks, 5 days 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%
3 weeks, 5 days 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
3 weeks, 5 days 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
3 weeks, 6 days 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
3 weeks, 6 days 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
3 weeks, 6 days 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
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 …

GDP growth at 7.8% for 22 years: World Bank on how India can become high-income nation by 2047
3 weeks, 6 days 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 needs 7.8% annual growth to become a high-income nation by 2047, says World Bank
3 weeks, 6 days ago

India needs 7.8% annual growth to become a high-income nation by 2047, says World Bank

Live Mint  

New Delhi: India must maintain an average annual economic growth of 7.8% to attain high-income/developed nation status by 2047, with a business-as-usual approach delivering welfare gains but falling short, a slowdown in reforms widening the gap, and only an accelerated reform strategy ensuring success, the World Bank said in a report on Friday. To be sure, the latest World Bank …

India’s economic growth accelerates to 6.2% in October-December
3 weeks, 6 days 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
3 weeks, 6 days 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
3 weeks, 6 days 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%
3 weeks, 6 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 should focus on accelerated reforms to speed up growth, achieve high-income status by 2047: World Bank
3 weeks, 6 days ago

India should focus on accelerated reforms to speed up growth, achieve high-income status by 2047: World Bank

The Hindu  

India would need to grow by 7.8% on average over the next 22 years to achieve the country’s aspirations of reaching high-income status by 2047, said the World Bank in a report released on Friday. Achieving this target was possible, however, getting there would require reforms and their implementation to be as ambitious as the target itself, said the report …

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, …

Growth accelerates, but remains too slow to achieve mission 2047
3 weeks, 6 days 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 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 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, …

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