India Projected to Grow at 10.1% in 2022 but Outlook for 2021 Highly Fragile: UN
3 years, 10 months ago

India Projected to Grow at 10.1% in 2022 but Outlook for 2021 Highly Fragile: UN

News 18  

India is forecast to grow at 10.1 per cent in 2022, becoming the fastest growing major economy in the world, the United Nations said on Tuesday, but cautioned that the growth outlook of 2021 was “highly fragile” as the country was the “new hotbed of the pandemic.” The United Nations, in its mid-year update of the World Economic Situation and Prospects which was first released in January 2021, projected that the Indian economy would grow at 10.1 per cent in the calendar year 2022, nearly double the 5.9 per cent growth forecast for the country in the January report. The mid-year update said that India will register a 7.5-per cent growth rate in calendar year 2021, after an estimated contraction of 6.8 per cent in 2020. The January World Economic Situation and Prospects report had estimated that the Indian economy will contract by 9.6 per cent in 2020, and projected a 7.3 per cent growth rate in 2021 and a 5.9 per cent GDP growth in 2022. Indeed, South Asia’s regional economic growth in 2021 will still be insufficient to undo last year’s 6.7 per cent loss in GDP per capita.

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India's Economy Likely To Grow At 6.5 Per Cent In FY26, Need To Boost Spending On Health, Education, Says EY
Trending News
1 day, 21 hours 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 …

India to grow at 6.5% in FY26: EY Report
1 day, 22 hours ago

India to grow at 6.5% in FY26: EY Report

The Hindu  

The Indian economy is likely to grow at 6.5% in the fiscal year starting April 1, EY Economy Watch said, emphasising that a well-calibrated fiscal strategy that supports human capital development while maintaining fiscal prudence could significantly enhance long-term growth prospects. As per the EY India report, over the next two decades, India may need to gradually increase its general …

Indias exports are bound to grow despite global uncertainties: DGFT
5 days, 18 hours ago

Indias exports are bound to grow despite global uncertainties: DGFT

Live Mint  

New Delhi, Mar 26 India's exports are bound to grow in the coming years despite uncertainties over global trade and tariff, a senior government official said on Wednesday. Despite the "uncertainties relating to trade and tariff, our exports are bound to grow in future years," he said at the Sourcex India 2025 show. Sarangi said that in the current year, …

100% growth over past 10 years! IMF says India GDP likely to hit ₹3.6 lakh crore by 2025-end. Top updates
Trending News
5 days, 20 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 on track to surpass Japan's GDP, could overtake Germany by 2027: IMF
6 days 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
6 days, 4 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
6 days, 20 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 trade momentum remains strong despite global challenges: Unctad
1 week, 1 day ago

India’s trade momentum remains strong despite global challenges: Unctad

Live Mint  

New Delhi: India’s trade performance remained strong in 2024, defying global economic uncertainties, with exports growing 6.3% for the calendar year, significantly outpacing global trade growth of 3.7%, according to the latest report by the United Nations Conference on Trade and Development. India’s total exports of goods and services reached a record $817.4 billion in calendar year 2024, up from …

India to contribute 6% of global trade growth in next five years as China and US lead: DHL report
1 week, 1 day ago

India to contribute 6% of global trade growth in next five years as China and US lead: DHL report

Live Mint  

India is expected to drive global trade growth, contributing 6 per cent in the upcoming five years, according to a joint report from New York University Stern School of Business and DHL named “DHL Trade Atlas 2025.” According to the research report, India's contribution to global trade growth is expected to follow China's footsteps at 12 per cent and that …

India’s GDP Soars To $4.3 Trillion, Poised To Surpass Japan And Germany By 2027
1 week, 2 days 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, 2 days 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 …

FMCG, renewables, auto sectors to do well in future, says Rumki Majumdar of Deloitte
1 week, 5 days ago

FMCG, renewables, auto sectors to do well in future, says Rumki Majumdar of Deloitte

Live Mint  

Although first three-quarters' growth was not too promising with 6.2 percent in Dec quarter - it was somewhat expected since it was an election year, explains Dr Rumki Majumdar, economist at Deloitte. Once investors factor in the uncertainties in their decision-making, India will emerge as an attractive destination for its strong domestic demand, large consumer base, and robust manufacturing capabilities …

TN’s growth rate consistent at over 8%: Economic Survey
2 weeks, 4 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 …

Tamil Nadu not just growing, also leading: MK Stalin on Economic Survey 2024-25
2 weeks, 4 days 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, 4 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 …

Tamil Nadu’s first Economic Survey indicates State likely to maintain 8%+ growth rate
2 weeks, 4 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, …

India’s GDP growth to surpass 6.5 per cent in FY26, one of the fastest rates among large economies: Moody’s
2 weeks, 5 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 …

Maharashtra’s economy set to grow at 7.3% in 2024-25, outpacing national growth: Economic Survey
3 weeks, 2 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
3 weeks, 3 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 …

Sanjeev Ahluwalia | Shoring up India’s flagging growth: Key govt challenge
3 weeks, 4 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, 4 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 …

Indian economy to grow 6.5% in FY26 : Crisil
3 weeks, 4 days ago

Indian economy to grow 6.5% in FY26 : Crisil

Live Mint  

New Delhi: India’s economy is set to grow at a steady 6.5% in fiscal 2026, driven by strong domestic demand, despite global headwinds including geopolitical uncertainties and US-led trade actions, Crisil forecast on Thursday. However, Crisil expects India’s current account deficit to rise slightly in FY26, as goods exports face headwinds from the US-led tariff war and weak global demand, …

The state of India’s economy is not as bright as GDP data may suggest
3 weeks, 4 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, 5 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
4 weeks 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 …

Securing the growth path
4 weeks, 1 day 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
4 weeks, 2 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%
1 month 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
1 month 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 needs 7.8% annual growth to become a high-income nation by 2047, says World Bank
1 month 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 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 should focus on accelerated reforms to speed up growth, achieve high-income status by 2047: World Bank
1 month 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
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 …

'India to continue as world's fastest-growing economy', says PM Modi
1 month, 1 week ago

'India to continue as world's fastest-growing economy', says PM Modi

Firstpost  

Speaking at the Global Investors Summit in Madhya Pradesh, the prime minister said, ‘In the history of India, this is the first time that the entire world is so optimistic for the country’ Prime Minister Narendra Modi, on Monday, reiterated that India will continue to be the world’s fastest-growing economy in the near future as well. Speaking at the Global …

'India to continue as world's fastest-growing economy', says PM Modi
1 month, 1 week ago

'India to continue as world's fastest-growing economy', says PM Modi

Firstpost  

Speaking at the Global Investors Summit in Madhya Pradesh, the prime minister said, ‘In the history of India, this is the first time that the entire world is so optimistic for the country’ Prime Minister Narendra Modi addressing the Global Investors Summit in Madhya Pradesh. Image courtesy: Screengrab from X.com/@narendramodi Prime Minister Narendra Modi, on Monday, reiterated that India will …

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, …

Kerala Global Summit 2025: Cannot be left behind as India grows rapidly says Piyush Goyal
1 month, 1 week ago

Kerala Global Summit 2025: Cannot be left behind as India grows rapidly says Piyush Goyal

The Hindu  

Union Minister of Commerce and Industry Piyush Goyal on Friday asked how can Kerala be left behind when India’s economy grows at a breakneck speed targeting a $35 trillion economy by 2047. Kerala has great resilience and it can leap forward with fresh investments in areas such as Railways, maritime, plantation and spices, fisheries sectors etc, he said in his …

UP Budget 2025-26: Keeping borrowings within limits a challenge amid GSDP growth
1 month, 1 week ago

UP Budget 2025-26: Keeping borrowings within limits a challenge amid GSDP growth

Hindustan Times  

Although the Uttar Pradesh government has sounded optimism with the gross state domestic product ’s growth rate projections in its annual budget for 2025-2026, it faces the challenge of keeping the rising borrowings in permissible limits. Minister for finance Suresh Khanna, while presenting the budget in the UP legislative assembly on Thursday, said UP’s GSDP has doubled over the years …

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 …

High-frequency indicators show pick-up in economic momentum during H2-2024-25: RBI bulletin
1 month, 1 week ago

High-frequency indicators show pick-up in economic momentum during H2-2024-25: RBI bulletin

Live Mint  

New Delhi, February 19 : High-frequency indicators point towards a sequential pick-up in the momentum of economic activity during the second half of 2024-25, which is likely to sustain moving forward, RBI said on Wednesday in its monthly bulletin. The monthly bulletin noted that the Union Budget 2025-26 prudently balances fiscal consolidation and growth objectives by continued focus on capex …

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 …

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