Chief economic advisor calls out the paradox of India’s private sector investing abroad amid global uncertainties
Trending News
3 weeks, 2 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% from the 6.4% pace projected in its first advance estimates in January. India’s presents “a very good economic case” for the private sector to ramp up investments in the country given its strong growth prospects, Nageswaran said at a briefing after the statistics ministry reported its second advance estimates. “So I think there is a case, a very good economic case, for the private sector in India to ramp up its capital formation so that the rate of capital formation to GDP rises from 30% towards the mid-30s.” ‘7.6% growth in March quarter not unrealistic’ The statistics ministry also raised its provisional growth estimate for 2023-24 to 9.2% from 8.3% projected in the first revised estimates. Almost 75% have been expended as of end of January, which is the same as the number or slightly lower than the amount spent in the last financial year.” The Maha Kumbh Mela effect Nageswaran said that after the initial slow start to India’s economic growth in FY25 because of the national election held between April and June last year, the Union government’s capital expenditure had picked up steam.

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History of this topic

How India can seize the foreign investment opportunity
Trending News
4 days, 2 hours ago

How India can seize the foreign investment opportunity

Hindustan Times  

India finds itself in an intensifying global competition for foreign investment to create good jobs, upskill workers, infuse technology, and ultimately fuel its economic growth. Last December, India’s commerce ministry reported that total foreign direct investment flows climbed to $1 trillion since April 2000. In weighing investments in India versus Southeast Asian countries, Mexico, Poland, or, yes, China, businesses are …

What the recent GDP data revisions reveal
1 week, 3 days ago

What the recent GDP data revisions reveal

The Hindu  

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

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

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

Live Mint  

Higher government capex and a boost in consumption will fuel India's economic growth in FY26, exceeding 6.5 per cent in the next fiscal, Moody's ratings said on Wednesday. “Government capital expenditure, tax cuts for middle-class income groups to boost consumption and monetary easing will help India's real GDP growth exceed 6.5% for fiscal 2025-26 from 6.3% in fiscal 2024-25,” Moody's …

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

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

Live Mint  

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

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

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

The Hindu  

Maharashtra’s economy is projected to grow at 7.3% in the financial year 2024-25, surpassing the national growth estimate of 6.5%, according to the state’s pre-Budget Economic Survey tabled in the assembly on Friday. Maharashtra’s nominal Gross State Domestic Product for 2024-25 is estimated at ₹45.31 lakh crore, up from ₹40.55 lakh crore in 2023-24. During the rabi season, sowing covered …

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

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

Deccan Chronicle  

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

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

Congress says IMF report underscores ‘tepid’ private investment in India; urges Modi government to boost mass consumption, rationalise trade policy
2 weeks, 3 days ago

Congress says IMF report underscores ‘tepid’ private investment in India; urges Modi government to boost mass consumption, rationalise trade policy

The Hindu  

The Congress on Thursday said that a report by the International Monetary Fund had flagged the issue of “tepid” private investment growth in India. In a statement, Congress general secretary Jairam Ramesh said the IMF had devoted an entire section to ‘Reigniting Private Investment in India’ in its just-released annual ‘India Article IV Consultation Report’. “Notably, the situation is only …

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

The state of India’s economy is not as bright as GDP data may suggest

Live Mint  

Estimates of gross value added and gross domestic product for 2024-25 were released last month along with revised estimates for 2023-24 and final data for 2022-23. The numbers for 2024-25 were broadly in line with estimates released earlier, with GDP growth placed at 6.5%, marginally higher than the 6.4% reported as part of India’s first advance estimates. GDP growth rate …

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

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

Hindustan Times  

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

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

Battle for growth: On India’s economic trajectory

The Hindu  

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

Securing the growth path
3 weeks 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 …

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

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

India Today  

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

India's GDP Grows 6.2% in Q3 FY25, Recovery Gains Pace
Trending News
3 weeks, 2 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’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, 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’s economic growth accelerates to 6.2% in October-December
3 weeks, 2 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, 2 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 …

India Q3 GDP: Indian economy grew 6.2% in December quarter, FY25 growth pegged at 6.5%
3 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 should focus on accelerated reforms to speed up growth, achieve high-income status by 2047: World Bank
3 weeks, 2 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, 2 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, 2 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 …

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, …

Govt extends tenure of chief economic advisor V Anantha Nageswaran to March 2027
1 month ago

Govt extends tenure of chief economic advisor V Anantha Nageswaran to March 2027

Live Mint  

New Delhi: The Indian government has extended chief economic adviser V Anantha Nageswaran’s tenure by two years, keeping him in the role until March 2027, the ministry of finance said on Thursday. The extension, approved by the appointments committee of the union cabinet led by prime minister Narendra Modi, comes weeks after the Economic Survey 2024-25 projected GDP growth of …

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

FII outflows show India offering higher returns to investors: FM
1 month ago

FII outflows show India offering higher returns to investors: FM

The Hindu  

Foreign Institutional Investment outflows from India’s equity markets show that investors are booking profits, indicating investments in India are yielding good returns, Finance Minister Nirmala Sitharman said at a post-Budget media briefing in Mumbai on Monday. That’s also happening,” Ms. Sitharaman said, dismissing concerns that the Indian stock market had become less attractive for retail and foreign investors alike. Underlining …

India's GDP witnessing speedy rebound, set to remain world's fastest growing economy: Sitharaman in Lok Sabha
1 month, 1 week ago

India's GDP witnessing speedy rebound, set to remain world's fastest growing economy: Sitharaman in Lok Sabha

India TV News  

Parliament Session: Finance Minister Nirmala Sitharaman on Tuesday said that the Indian economy is experiencing a "speedy rebound" from the 5.4 per cent growth recorded in the second quarter of the current fiscal. Sitharaman said the effective capital expenditure in FY'26 is Rs 15.48 lakh crore, which is 4.3 per cent of GDP. She said the effective capital expenditure in …

Is private investment expected to rise? | Explained
1 month, 2 weeks ago

Is private investment expected to rise? | Explained

The Hindu  

The story so far: With the government providing a tax stimulus through income tax breaks to boost consumer spending and the RBI cutting interest rates for the first time in nearly five years, Finance Minister Nirmala Sitharaman on Saturday said she was quite optimistic of the tide turning on private investments in the months to come. So, there is a …

India's growth paradox: 5th largest economy but low per capita GDP
1 month, 2 weeks ago

India's growth paradox: 5th largest economy but low per capita GDP

India Today  

The Indian economy, expanding at a breakneck pace, now ranks among the top five largest economies globally. Even in terms of GDP per capita based on purchasing power parity — a country's gross domestic product per person in international dollars — India ranks below at least 140 countries. GROWTH STEADY Even as India’s per capita GDP based on PPP ranks …

Takeaways from India’s budget that slashes income tax on the salaried middle class to spur growth
1 month, 3 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 …

Union Budget 2025: Big income tax relief, push to Make in India and other highlights
1 month, 3 weeks ago

Union Budget 2025: Big income tax relief, push to Make in India and other highlights

Firstpost  

Finance Minister Nirmala Sitharaman presented the Union Budget 2025 in Parliament on Saturday. In the budget address, the Finance Minister emphasised that India’s economic resilience remains strong, with an estimated real GDP growth of 6.4 per cent in FY25 and robust private consumption contributing to economic momentum. Thailand 3.0% Jul-Sep 2024 Source: Trading Economics High-frequency indicators indicate that the domestic …

External factors responsible for slowdown in growth: CEA Anantha Nageswaran
1 month, 3 weeks ago

External factors responsible for slowdown in growth: CEA Anantha Nageswaran

New Indian Express  

NEW DELHI: The golden era of globalisation probably disappearing amid geopolitical and policy uncertainties, resulting in the economic growth slowdown, Chief Economic Adviser V Anantha Nageswaran said on Friday. India's economy is likely to expand by 6.3 to 6.8 per cent in the coming fiscal, much lower than what is needed to become a developed country, and requires deregulation and …

India Needs To Grow At 8 Per Cent For Two Decades To Become Developed Nation By 2047: Economic Survey 2025
1 month, 3 weeks ago

India Needs To Grow At 8 Per Cent For Two Decades To Become Developed Nation By 2047: Economic Survey 2025

ABP News  

Chief Economic Adviser, V Anantha Nageswaran, on Friday said that India needs to grow at a faster pace to become a developed country by 2047. The Economic Survey 2025, released on Friday in the Parliament, noted that India needs to maintain a growth rate of 8 per cent for up to two decades to achieve the target of becoming a …

Is India getting FDI right? Economic Survey records 18% growth in first 8 months of 2024-25
1 month, 3 weeks ago

Is India getting FDI right? Economic Survey records 18% growth in first 8 months of 2024-25

Firstpost  

Over the long term, FDI inflows into India have exceeded $1 trillion from April 2000 to September 2024, reinforcing the country’s status as a significant global investment hub, according to the Economic Survey 2024-25 India recorded a revival in foreign direct investment for the fiscal year 2025, with gross inflows rising from $47.2 billion in the first eight months of …

India lowers growth outlook amid rising economic uncertainty
1 month, 3 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 projects India’s GDP growth at 6.3%-6.8% for FY 2025-26
1 month, 3 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, 3 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 2025: Growth stable, inflation cooling despite global uncertainty– 10 key highlights
1 month, 3 weeks ago

Economic Survey 2025: Growth stable, inflation cooling despite global uncertainty– 10 key highlights

Live Mint  

Economic Survey 2025: Union Finance Minister Nirmala Sitharaman tabled the Economic Survey in Parliament on Friday. Indian economy to remain stable The survey said despite global uncertainty, India's real GDP growth of 6.4% in FY25 remains close to the decadal average. Economic Survey 2025: Key highlights The government’s proactive policy interventions, including strengthening buffer stocks for essential food items, periodic …

Economic Survey to be tabled today, likely to project India’s GDP growth at 6.3-6.8% in 2025-26
1 month, 3 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 …

Finance Minister Nirmala Sitharaman tables Economic Survey 2024-25; FY26 growth pegged at 6.3-6.8%
Top News
1 month, 3 weeks ago

Finance Minister Nirmala Sitharaman tables Economic Survey 2024-25; FY26 growth pegged at 6.3-6.8%

New Indian Express  

Union Finance Minister Nirmala Sitharaman tabled the Economic Survey for 2024-25 in both Houses of the Parliament on Friday, with the survey projecting the GDP growth for FY 2025-26 between 6.3% and 6.8%. The Survey said navigating global headwinds will require strategic and prudent policy management and reinforcing the domestic fundamentals. The survey, an annual report prepared by the Ministry …

Finance Minister Nirmala Sitharaman tables Economic Survey 2024-25; FY26 growth pegged at 6.3-6.8%
Top News
1 month, 3 weeks ago

Finance Minister Nirmala Sitharaman tables Economic Survey 2024-25; FY26 growth pegged at 6.3-6.8%

New Indian Express  

Union Finance Minister Nirmala Sitharaman tabled the Economic Survey for 2024-25 in both Houses of the Parliament on Friday, with the survey projecting the GDP growth for FY 2025-26 between 6.3% and 6.8%. The Survey said navigating global headwinds will require strategic and prudent policy management and reinforcing the domestic fundamentals. The survey, an annual report prepared by the Ministry …

India lags in R&D, needs private sector contribution: Economic Survey
1 month, 3 weeks ago

India lags in R&D, needs private sector contribution: Economic Survey

New Indian Express  

NEW DELHI: India is facing a significant gap in research and development across key sectors, with a strong need for greater private sector involvement, according to the Economic Survey 2025, released on Friday. The survey highlights that while R&D spending in India has shown growth, it still lags behind global standards. In contrast, developed and emerging economies like China, Japan, …

Budget 2025: India’s fiscal consolidation is well on track despite hurdles
1 month, 3 weeks ago

Budget 2025: India’s fiscal consolidation is well on track despite hurdles

Live Mint  

As is usually the case, India’s Union budget for 2025-26, to be announced on 1 February, is expected to attract a lot of attention from different stakeholders in the economy, particularly with its growth momentum having sprung a significant downside surprise in 2024-25. Indeed, both the interim budget in February and the post-election budget in July exceeded expectations on the …

India’s real growth rate and the forecast
2 months ago

India’s real growth rate and the forecast

The Hindu  

The First Advance Estimates of National Accounts for 2024-25 show a real GDP growth of 6.4% and a nominal GDP growth of 9.7%. These numbers have fallen short of the Reserve Bank of India’s revised growth estimate of 6.6% for real GDP, as in its December 2024 monetary policy statement and 10.5% for nominal GDP growth as in the 2024-25 …

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

IMF keeps India’s GDP growth forecast unchanged at 6.5% for FY25 and FY26
2 months ago

IMF keeps India’s GDP growth forecast unchanged at 6.5% for FY25 and FY26

Live Mint  

New Delhi: The International Monetary Fund has maintained its Indian growth forecast unchanged at 6.5% for FY25 and FY26 in an update to its World Economic Outlook released on Friday. "Growth in India also slowed more than expected, led by a sharper-than-expected deceleration in industrial activity," the IMF said in its latest update. The advance estimate is also lower than …

India to grow at 6.7 per cent for next 2 fiscal years: World Bank
Trending News
2 months 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
2 months 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, 1 week 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, 1 week 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 …

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