Indian economy stands tall than its global peers; likely to score a double-digit GDP growth in Q1FY23
2 years, 3 months ago

Indian economy stands tall than its global peers; likely to score a double-digit GDP growth in Q1FY23

Live Mint  

India is one of the few economies that has rebounded strongly despite three significant COVID waves, and it is currently in better shape than its global peers. It anticipates India's GDP growth to average 7 percent in 2022–23 and says the Indian economy is set for its best run in over a decade as pent-up demand is being unleashed. Furthermore, for the April-June quarter of FY23, several domestic and global agencies are expecting that India will score a double-digit GDP growth rate. The SBI's latest research report shows that India's GDP is expected to grow by around 15.7 percent in Q1FY23, with a large possibility of an upward bias. However, India's limited external debt and robust foreign exchange reserves will help the nation to eliminate any external challenges, S&P said.

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History of this topic

How the Indian economy fared in 2024, in 9 charts
18 hours, 47 minutes ago

How the Indian economy fared in 2024, in 9 charts

Live Mint  

The year 2024 kept governments across the world on tenterhooks, with more than 60 countries, including India, holding elections, injecting uncertainty about how the outcomes would shape future fiscal, monetary, and trade policies. The Indian economy faced several challenges in 2024, from slowing growth to stubborn inflation to risks associated with personal loan growth. While the fight against inflation made …

Q2 growth ‘a temporary blip’, no generalised slowdown in factories, Finance Minister asserts
6 days, 10 hours ago

Q2 growth ‘a temporary blip’, no generalised slowdown in factories, Finance Minister asserts

The Hindu  

Finance Minister Nirmala Sitharaman on Tuesday dismissed concerns about a cyclical growth slowdown and a generalised downturn in India’s manufacturing sector, terming the disappointing 5.4% second quarter growth numbers as a ‘temporary blip’ caused by a multitude of factors, including the conduct of the general elections and the alignment of festival calendars this year compared to 2023-24. Responding to the …

Will India's economic growth pick up pace? Nirmala Sitharaman answers
1 week ago

Will India's economic growth pick up pace? Nirmala Sitharaman answers

India Today  

Finance Minister Nirmala Sitharaman on Tuesday said that India’s economy will see healthy growth in the coming quarters despite the lower-than-expected GDP numbers for the second quarter. India’s GDP growth for the July-September quarter fell sharply to 5.4% from 6.7% in the previous quarter, marking an 18-month low, as per data released by the National Statistics Office in November. However, …

India’s fiscal deficit will be 4.8 pc in FY25, below budget estimate of 4.9 pc: CareEdge Ratings
1 week ago

India’s fiscal deficit will be 4.8 pc in FY25, below budget estimate of 4.9 pc: CareEdge Ratings

Live Mint  

New Delhi, December 16 : The fiscal deficit of the central government is projected to be 4.8 per cent of GDP for FY25, slightly below the budgeted estimate of 4.9 per cent, according to a report by CareEdge Ratings. It said "Overall, we project the fiscal deficit at 4.8 per cent of GDP, marginally lower than the budgeted 4.9 per …

India FY25 GDP: Fitch slashes India’s growth forecast to 6.4% from 7% for 2025-26
1 week, 3 days ago

India FY25 GDP: Fitch slashes India’s growth forecast to 6.4% from 7% for 2025-26

Live Mint  

India's growth forecast: US-based credit rating agency, Fitch Ratings on Friday revised India's GDP forecast to 6.4 per cent to 7 per cent for FY25. This cut comes after the Reserve Bank of India, in its recent monetary policy committee, revised India's growth forecast to 6.6 per cent from 7.2 per cent. In the July-September quarter of FY25, the Indian …

India achieves USD 1 trillion in FDI milestone | Top FDI sources and sectors
1 week, 3 days ago

India achieves USD 1 trillion in FDI milestone | Top FDI sources and sectors

India TV News  

India has reached a historic milestone with foreign direct investment inflows surpassing USD 1 trillion since April 2000, according to the Department for Promotion of Industry and Internal Trade. Top FDI sources: Small nations lead the pack Mauritius and Singapore dominate Mauritius emerged as the largest contributor, accounting for 25 per cent of FDI inflows, closely followed by Singapore at …

India can be a $9 trillion economy by 2030: Arvind Panagariya
1 week, 4 days ago

India can be a $9 trillion economy by 2030: Arvind Panagariya

Live Mint  

India is poised to surpass the position of the world's third-largest economy by 2030, with its gross domestic product expected to expand to $6.5-9 trillion, said Arvind Panagariya, the chairman of the 16th Finance Commission of India, on Thursday. Speaking at the Times Network India Economic Conclave 2024, Panagariya, former vice chairperson of NITI Aayog, said the Indian economy, despite …

Corporate profit record high, salaries stagnant: Ficci report says mismatch impeding India’s GDP growth
1 week, 4 days ago

Corporate profit record high, salaries stagnant: Ficci report says mismatch impeding India’s GDP growth

Firstpost  

A recent survey by Ficci and Quess Corp Ltd has reported the private sector profit at a 15-year high but found the growth in salaries has been meagre or negative. The report talks about a record high profit by the private sector, with stagnation in salaries of the workers — one of the reasons for sluggish private consumption, a key …

Corporates in India see 4x profit but keep salaries stagnant: Report
1 week, 5 days ago

Corporates in India see 4x profit but keep salaries stagnant: Report

India Today  

Corporate profits have grown four times in the last four years, but real wages haven't grown, according to a report. This comes even as India's economic growth, measured in terms of GDP, dipped to 5.4% in the September quarter. A report in The Indian Express on Thursday highlighted how wages saw negative growth even as India Inc's profits grew. The …

The great unknown: how a Trump presidency could affect the world, in five charts
1 week, 5 days ago

The great unknown: how a Trump presidency could affect the world, in five charts

Live Mint  

US President Harry S. Truman once famously asked for a “one-handed economist" because he was tired of economists who, instead of giving decisive answers, would say, “On the one hand, this, and on the other hand, that." A plan to impose across-the-board tariffs on Mexico, Canada and China reinforced the view that tariffs would increase prices and keep US interest …

ADB lowers growth projections for India to 6.5% in FY25, 7% in FY26
1 week, 5 days ago

ADB lowers growth projections for India to 6.5% in FY25, 7% in FY26

Deccan Chronicle  

The Asian Development Bank has lowered India’s GDP growth projections for FY25 to 6.5 per cent from 7 per cent estimated in September as well as the projection for FY26 to 7 per cent from 7.2 per cent predicted earlier owing to tighter prudential norms and lower than expected industrial growth in Q2. Inflation estimates for the current fiscal has …

Vivek Kaul: India’s GDP growth slump holds lessons in forecasting
1 week, 6 days ago

Vivek Kaul: India’s GDP growth slump holds lessons in forecasting

Live Mint  

India’s growth in gross domestic product, adjusted for inflation, for the period July to September slowed to a seven-quarter low of 5.4%. Or as Zahaan Bharmal writes in The Art of Physics: Eight Elegant Ideas to Make Sense of Everything: “Blithe predictions… cannot be made in a complex system where the impossibility of accurate prediction is inbuilt." Data from the …

SBI forecasts GDP growth of 6.3%, lower than RBI's 6.6% estimate for FY25
2 weeks, 2 days ago

SBI forecasts GDP growth of 6.3%, lower than RBI's 6.6% estimate for FY25

Hindustan Times  

The State Bank of India has projected India's gross domestic product would grow at 6.3% during the ongoing fiscal year, lower than the Reserve Bank of India's estimate of 6.6%, revised from the earlier 7.2%. India's GDP grew at 5.4% in the July-September quarter of FY25, the lowest in seven quarters The SBI said, “We believe that GDP growth for …

SBI forecasts India's GDP growth at 6.3 per cent, lower than RBI's projection for financial year 2025
2 weeks, 3 days ago

SBI forecasts India's GDP growth at 6.3 per cent, lower than RBI's projection for financial year 2025

India TV News  

The State Bank of India forecasted India's GDP growth at 6.3 pc, lower than the Reserve Bank of India's projection of 6.6 pc for FY25 in its latest report. The report forecast comes after the RBI sharply downgraded its real GDP growth projection for FY25 from 7.2 per cent to 6.6 per cent during its latest Monetary Policy Committee meeting, …

Economists ask Finance Minister to focus on growth rather than fiscal consolidation
2 weeks, 3 days ago

Economists ask Finance Minister to focus on growth rather than fiscal consolidation

New Indian Express  

NEW DELHI: With the second quarter GDP growth falling to a 7-quarter low of 5.4%, economists have asked the government to shift its policy focus to growth rather than fiscal consolidation. In a pre-budget meeting with finance minister Nirmala Sitharaman on Friday, a delegation of economists suggested the government readdress the pace of fiscal consolidation and take measures to boost …

GDP Slowdown in Q2 Not Systemic: Nirmala Sitharaman
2 weeks, 3 days ago

GDP Slowdown in Q2 Not Systemic: Nirmala Sitharaman

Deccan Chronicle  

New Delhi: Union finance minister Nirmala Sitharaman on Friday said that the gross domestic product or GDP slowdown in the September quarter was not ‘systemic’ and the economic activity in the third quarter, with better public expenditure, is likely to compensate for the moderation. The minister’s statement comes after the Reserve Bank of India sharply slashed its growth projection to …

December quarter will make up for poll-induced growth slowdown: Nirmala Sitharaman
2 weeks, 3 days ago

December quarter will make up for poll-induced growth slowdown: Nirmala Sitharaman

Live Mint  

New Delhi: India’s economic growth decelerated in the September quarter because of the general election earlier in the year and not a systemic issue, finance minister Nirmala Sitharaman said on Friday, expressing confidence that growth in the December quarter would make up for the lost momentum. Speaking at the India Japan Forum 2024 in the capital, a closed-door meeting between …

GDP to Grow 6.8 PC in FY25: OECD
2 weeks, 5 days ago

GDP to Grow 6.8 PC in FY25: OECD

Deccan Chronicle  

Chennai: The Organization for Economic Co-operation and Development has raised its forecast for India’s GDP growth to 6.8 per cent in FY25 from 6.6 per cent predicted in May. While strong investment, credit growth and better farm output support the GDP growth, export growth will remain weaker, it said. After clocking GDP growth of 8.2 per cent in the last …

India’s GDP growth shocker: Bad news can be good too
2 weeks, 5 days ago

India’s GDP growth shocker: Bad news can be good too

Live Mint  

India’s growth in gross domestic product of 5.4% in the three months ended 30 September, or the second quarter of 2024-25, was a shocker. It’s the lowest level seen since the third quarter of 2022-23 and a sharp drop from 8.1% growth in the same period last year and also from 6.7% in the first quarter of 2024-25. Given the …

Congress criticises PM with 'voodoo economics' jibe over slowing GDP growth
3 weeks ago

Congress criticises PM with 'voodoo economics' jibe over slowing GDP growth

India Today  

Congress on Tuesday took a dig at the central government over the GDP growth slowing to a near two-year low and said that Prime Minister Narendra Modi's "voodoo economic policies" put India in the middle of a vicious economic cycle of low growth, no jobs, low income and high prices. "Thanks to Narendra Modi and his voodoo economic policies, India …

India’s Potential GDP Growth Pegged at 6.5–7 Percent: Chief Economic Advisor
3 weeks ago

India’s Potential GDP Growth Pegged at 6.5–7 Percent: Chief Economic Advisor

Deccan Chronicle  

New Delhi: In line with the Economic Survey, India's chief economic advisor V Anantha Nageswaran on Monday said that the country's potential GDP growth is in the range of 6.5-7 percent and the country should be able to achieve it on the back of things that have already happened in the last 10 years whether it is in terms of …

India needs to grow at over 7% along with robust fiscal framework to meet Viksit Bharat target: EY India
3 weeks ago

India needs to grow at over 7% along with robust fiscal framework to meet Viksit Bharat target: EY India

Live Mint  

New Delhi, December 2 : A recent report by EY India says enhanced government spending is vital for India's Viksit Bharat vision. It says achieving developed economy status requires 7 per cent plus sustained GDP growth and a robust fiscal framework. This requires a significant increase in the government's total expenditure to 35 per cent of GDP from the current …

Q2 GDP slowdown: What it means for stock market investors
3 weeks, 1 day ago

Q2 GDP slowdown: What it means for stock market investors

India Today  

India’s economy hit a speed bump in Q2 FY25, with GDP growth slowing to 5.4%—the weakest in seven quarters. For stock market investors already navigating weak corporate earnings and persistent foreign outflows, this slowdown adds to the challenges on Dalal Street. Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said, "The Q2 GDP shocker of 5.4% will weigh on …

Mint Primer | Slowdown: Time to recalibrate India’s growth story in FY25?
3 weeks, 1 day ago

Mint Primer | Slowdown: Time to recalibrate India’s growth story in FY25?

Live Mint  

Why did the Q2 GDP growth surprise? The rapid pace of growth the economy posted just last year suddenly looks distant. The outlook remains weak as the world heads into a potential trade war and slowing global economic growth. The nominal GDP growth in the first half of FY25 is just 8.9%. The economy must grow at over 12% in …

GDP numbers a cause for worry
3 weeks, 1 day ago

GDP numbers a cause for worry

Hindustan Times  

That the Indian economy would lose some momentum as the pent-up demand from the pandemic was exhausted was a given. The September quarter headline GDP growth of 5.4% was more than a percentage point lower than what private and the Reserve Bank of India forecasts expected. The Indian economy’s tepid growth performance is a result of weak animal spirits triggering …

At the root of slowdown: It’s politics, stupid
3 weeks, 2 days ago

At the root of slowdown: It’s politics, stupid

New Indian Express  

The murmurs and fears echoing in living rooms, bazaars and C-suites for weeks and months have come home to roost. On Friday, the ministry of statistics informed India that GDP growth in the July-September quarter, at 5.4 percent, has fallen from 8.1 percent in the same period last year—the slowest in nearly two years. The reality of a slowdown has …

India’s chief economic adviser calls for deregulation to spur growth
3 weeks, 3 days ago

India’s chief economic adviser calls for deregulation to spur growth

Live Mint  

New Delhi: India’s chief economic adviser V. Anantha Nageswaran emphasised the need for several measures including deregulation and a focus on key structural reforms after the country’s economic growth slowed for a second consecutive quarter. Nageswaran attributed the slowdown in India’s GDP growth during the second quarter to a combination of global factors, including excess manufacturing capacity in other regions …

India’s GDP growth slows to 5.4% in Q2, below RBI estimate: Govt data
3 weeks, 3 days ago

India’s GDP growth slows to 5.4% in Q2, below RBI estimate: Govt data

Hindustan Times  

NEW DELHI: India’s growth of gross domestic product slowed to a seven-quarter low during July-September quarter of 2024-25, data released by the ministry of statistics and programme implementation showed. India remains the fastest-growing major economy as China’s GDP growth in the July-September quarter this year was 4.6%. The economy expanded 5.4% in the quarter ending September 2024 from a year …

India's Q2 GDP growth slows to 5.4 per cent, hits 18-month low
3 weeks, 3 days ago

India's Q2 GDP growth slows to 5.4 per cent, hits 18-month low

India TV News  

In a significant development, India's economic growth decelerated to 5.4% in the July-September quarter of the current fiscal year, marking its slowest pace in nearly two years. Despite the slowdown, India retained its position as the fastest-growing major economy, surpassing China's 4.6% GDP growth in the same quarter. Key sectoral insights According to data from the National Statistical Office, the …

India's GDP growth slows to 5.4% in Q2 2024-25: Govt data
3 weeks, 3 days ago

India's GDP growth slows to 5.4% in Q2 2024-25: Govt data

Hindustan Times  

India's Gross Domestic Product growth slowed down to 5.4% during the second quarter of the financial year 2024-25 due to the falling growth rate in manufacturing, consumption, and mining. India's GDP growth slows to 5.4% in Q2 2024-25, govt data shows In comparison, the GDP growth rate was 8.1% in the second quarter of 2023-24, according to government data released …

India Q2 GDP: Economy grows 5.4% in July-Sept, a 7-quarter low
3 weeks, 3 days ago

India Q2 GDP: Economy grows 5.4% in July-Sept, a 7-quarter low

Firstpost  

Government data released on Friday showed that India’s economic growth slowed down to 5.4 per cent in July-September 2024 compared to 8.1 per cent in year-ago quarter India's GDP for the second quarter of the fiscal year 2024 slowed down to 5.4 per cent. File image Government data released on Friday showed that India’s economic growth slowed down to 5.4 …

India’s GDP growth: The first half faltered, but economy seen rebounding in the second
Trending News
3 weeks, 3 days ago

India’s GDP growth: The first half faltered, but economy seen rebounding in the second

Live Mint  

Two consecutive quarters of disappointing economic growth have left economists pinning their hopes on a rebound in the second half of the fiscal year. Some economists, however, expect India’s FY25 GDP growth to be lower than the Reserve Bank of India’s 7.2% outlook because of the disappointing economic growth in the first two quarters of the fiscal year. “Government will …

Tiger in retreat? Q2 slowdown dims India's FY25 growth prospects
3 weeks, 4 days ago

Tiger in retreat? Q2 slowdown dims India's FY25 growth prospects

New Indian Express  

The Indian economy's slowdown fears are here and real. While key growth drivers like agriculture and consumption barely managed to avoid the crash cart, the industrial sector's growth remained thin as a toothpick, even as investments lost some of their bulldog spirit. Within this, agriculture, and allied sectors saw 3.5% growth, as against 2% and 1.7% in Q1, FY25 and …

Experts see GDP growth below 6.5% in second quarter
3 weeks, 4 days ago

Experts see GDP growth below 6.5% in second quarter

New Indian Express  

NEW DELHI: Ahead of the release of official GDP numbers for the second quarter of FY25, economic analysts present varied estimates ranging from 6.2% to 6.9%. The outlook reflects contrasting indicators from various sectors of the economy, highlighting both structural challenges and potential growth drivers. ICRA has projected GDP growth to dip to 6.5% in Q2 from 6.7% in Q1FY25. …

India's Q2 GDP slows to 5.4%, hits 18-month low on weak consumption
Trending News
3 weeks, 4 days ago

India's Q2 GDP slows to 5.4%, hits 18-month low on weak consumption

India Today  

India’s GDP growth for the July-September quarter fell sharply to 5.4%, marking an 18-month low, as per data released by the National Statistics Office on Friday. Manufacturing growth decelerated significantly to 2.2%, compared to 14.3% in the same quarter last year and 7% in the previous quarter. The weaker-than-expected GDP growth raises concerns about the sustainability of economic recovery, particularly …

India’s GDP growth likely slowed to a six-quarter low in Q2: Mint poll
3 weeks, 6 days ago

India’s GDP growth likely slowed to a six-quarter low in Q2: Mint poll

Live Mint  

India's economic growth likely slowed to 6.5% in the September quarter, which would be its slowest pace in six quarters, according to the median estimate of 25 economists in a Mint poll. Economists in the poll forecast India's GDP growth would range between 6.20% and 6.85%, with only two of them expecting growth in the September quarter to outpace that …

S&P Global Slashes GDP Growth Forecast For India For FY26 To 6.7 Per Cent
4 weeks ago

S&P Global Slashes GDP Growth Forecast For India For FY26 To 6.7 Per Cent

ABP News  

S&P Global Ratings on Monday cut down the growth estimates for Indian economy in the next two fiscal years. Issuing an update to its economic growth projections for Asia-Pacific economies post US elections, the ratings agency estimated the Indian economy to clock a GDP growth rate of 6.7 per cent in the 2025-26 fiscal year and 6.8 per cent in …

S&P Global cuts India’s GDP growth estimates for FY26 and FY27, forecasts 6.8% growth for this fiscal
Trending News
4 weeks ago

S&P Global cuts India’s GDP growth estimates for FY26 and FY27, forecasts 6.8% growth for this fiscal

Live Mint  

New Delhi, Nov 25 S&P Global Ratings on Monday revised down its estimate for India's economic growth in the next two financial years as high interest rate and lower fiscal impulse temper urban demand. In an update to its economic forecast for Asia-Pacific economies after US election results, the rating agency projected a 6.7 per cent GDP growth rate in …

India Q2 GDP: Economic growth likely moderated; should Indian investors be worried?
1 month ago

India Q2 GDP: Economic growth likely moderated; should Indian investors be worried?

Live Mint  

India's July-September quarter gross domestic product prints are expected to show moderation due to excess rainfall, weak corporate earnings and subdued rural and urban consumption. According to Rahul Bajoria, Head of India and ASEAN Economic Research at BofA Securities India, India's Q2FY25 GDP may grow by 6.3 per cent YoY, a six-quarter low, while gross value added growth is expected …

India’s GDP growth estimated to decelerate to 6.3% in 2025, says Goldman Sachs; sees shallow RBI rate cut from Q1CY25
1 month ago

India’s GDP growth estimated to decelerate to 6.3% in 2025, says Goldman Sachs; sees shallow RBI rate cut from Q1CY25

Live Mint  

India’s economic growth is expected to decelerate in 2025, said Goldman Sachs even as it believes that the economy will likely be insulated from global shocks emanating out of a potential trade war between US and China. Though India’s strong long-term structural growth story remains intact, we forecast GDP growth to decelerate to 6.3% YoY in CY25, on continued fiscal …

India’s GDP growth likely moderated to 6.5% in Q2, says Icra
Trending News
1 month ago

India’s GDP growth likely moderated to 6.5% in Q2, says Icra

Live Mint  

New Delhi: India’s GDP growth is likely to have slowed marginally to 6.5% in the second quarter of FY2025 from 6.7% in the previous quarter, primarily due to heavy rainfall, weak corporate margins, and subdued exports, according to rating agency Icra. While government capital expenditure and healthy kharif sowing provided a lift, their impact was offset by disruptions caused by …

India's GDP growth likely to slip at 6.5 per cent, maintains 7 per cent estimate for FY25: ICRA
1 month ago

India's GDP growth likely to slip at 6.5 per cent, maintains 7 per cent estimate for FY25: ICRA

New Indian Express  

MUMBAI: Domestic rating agency ICRA on Wednesday said India's real GDP growth for the September quarter is likely to decline to 6.5 per cent due to heavy rains and weaker corporate performance. The agency, however, maintained its FY25 growth estimate at 7 per cent on expectations of a pick up in economic activity in the second half of the fiscal. …

India to contribute 20 pc of global workforce growth between 2023-2050, China share to decline: Report
1 month ago

India to contribute 20 pc of global workforce growth between 2023-2050, China share to decline: Report

Live Mint  

New Delhi, : India is set to play a pivotal role in global workforce growth, contributing 20 per cent of it between 2023 and 2050, according to a report by Angel One Wealth. It said "By 2030 high-income households are expected to triple, while middle-income households will nearly double making India the fastest-growing nation in terms of per capita income". …

India to contribute 20 pc of global workforce growth between 2023-50, China share to decline: Report
1 month ago

India to contribute 20 pc of global workforce growth between 2023-50, China share to decline: Report

New Indian Express  

NEW DELHI: India is set to play a pivotal role in global workforce growth, contributing 20 per cent of it between 2023 and 2050, according to a report by Angel One Wealth. It said, "By 2030 high-income households are expected to triple, while middle-income households will nearly double making India the fastest-growing nation in terms of per capita income". The …

‘Indian Rupee could face further depreciation…’: RBI’s new challenge of a strengthening US dollar — expert advice
1 month ago

‘Indian Rupee could face further depreciation…’: RBI’s new challenge of a strengthening US dollar — expert advice

Live Mint  

Q2 results have nearly come to an end. The Nifty50’s PAT was forecasted to grow by 8.4% YoY, but the current actual growth is around 6.6%, with three company results to be released as on 13th Nov. Revenue growth was modest at 2.8% YoY, falling short of the 4.2% forecast and significantly lower than the 7.6% YoY growth observed in …

Indian Economy to Grow 7.2 Percent in 2024, Moody’s Forecasts
1 month, 1 week ago

Indian Economy to Grow 7.2 Percent in 2024, Moody’s Forecasts

Deccan Chronicle  

New Delhi: Global rating agency Moody’s Ratings on Friday said that the Indian economy is in a sweet spot and projected a 7.2 per cent gross domestic product or GDP growth for India in 2024 with the mix of solid growth and moderating inflation. “Although the central bank shifted its monetary policy stance to neutral while keeping the repo rate …

India’s current account deficit to remain manageable in FY25, Rupee to remain in pressure: Bank of Baroda
1 month, 1 week ago

India’s current account deficit to remain manageable in FY25, Rupee to remain in pressure: Bank of Baroda

Live Mint  

New Delhi, November 15 : India's current account deficit will remain within a manageable range for both FY25 and FY26, largely due to muted oil prices that are expected to support the country's external financial position, projected a recent report by Bank of Baroda. Despite global market volatility, the report stated that steady oil prices at current levels are a …

S&P Foresees Steady 6.5-7 Percent Growth for India Until 2027
1 month, 1 week ago

S&P Foresees Steady 6.5-7 Percent Growth for India Until 2027

Deccan Chronicle  

New Delhi: S&P Global Ratings on Thursday projected the Indian economy to grow between 6.5-7 per cent annually in the three fiscal years till March 2027 as infrastructure spending and private consumption drive growth momentum. “Good economic growth prospects will continue to support banks' asset quality, while healthy corporate balance sheets, tighter underwriting standards and improved risk management practices will …

India's Economy Shows Satisfactory Performance in First Half of FY25, But Risks from Geopolitical Conflicts and Global Factors
1 month, 3 weeks ago

India's Economy Shows Satisfactory Performance in First Half of FY25, But Risks from Geopolitical Conflicts and Global Factors

Hindustan Times  

India's economy performed satisfactorily in the first half of the current financial year, according to the finance ministry's monthly economic report released Monday. However, the ministry warned of potential disruptions from geopolitical conflicts, rising geo-economic fragmentation and elevated valuations in financial markets of some advanced economies.

IMF Sees India's Economic Growth and Outlook as Stable
2 months ago

IMF Sees India's Economic Growth and Outlook as Stable

New Indian Express  

India remains the world's fastest-growing economy, with inflation expected to decline to 4.4% in FY24-25. IMF Director Krishna Srinivasan highlights the country's strong macroeconomic fundamentals, including a large and growing population, favourable harvests, and a stable fiscal situation. Srinivasan suggests that the country focus on creating jobs, removing trade restrictions, and investing in infrastructure and education to strengthen its economy …

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