India’s GDP to grow at faster pace in Q4; RBI rate cut and businesses at Mahakumbh could aid recovery: Report
3 weeks 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 by the Reserve Bank of India expected to aid economic recovery in the coming quarter. It said "GDP growth for FY25 is projected at 6.5 per cent as the economy is expected to grow at a much better pace in Q4. Strong capital spending by the government, recovery in the rural economy, likely pick-up in private investment and further rate cuts by RBI could aid recovery in the coming quarters".

India Economy Report Cent Rate Rbi Gdp Growth Consumption Demand  report  grow  spending  consumption  q4  rate  demand  cent  rural  mahakumbh  indias  gdp  growth  pace  rbi  recovery  economy

History of this topic

RBI Could Implement 75 Bps Rate Cut In 2025, With Quarterly Reductions: Report
1 week, 2 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 …

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

Govt seeks House nod for extra spending of ₹51,400 crore in FY25, mainly for subsidies
1 week, 6 days ago

Govt seeks House nod for extra spending of ₹51,400 crore in FY25, mainly for subsidies

Live Mint  

New Delhi: Finance minister Nirmala Sitharaman on Monday sought Parliament’s approval for a net additional spending of ₹51,463 crore in FY25 to meet funding requirements of mainly fertilizer, food and cooking gas subsidy and defence pension. The government also sought House approval for an extra ₹6.27 trillion spending, mainly for repayment of debt, which does not involve additional cash outgo …

The state of India’s economy is not as bright as GDP data may suggest
2 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 …

Battle for growth: On India’s economic trajectory
Trending News
2 weeks, 6 days ago

Battle for growth: On India’s economic trajectory

The Hindu  

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

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 …

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 emerging from valley of gloom, but economic nirvana will have to wait
3 weeks, 3 days ago

India emerging from valley of gloom, but economic nirvana will have to wait

New Indian Express  

Coming to the sub-components of national output, it seems as though the troubles of the economy are moving from one shoulder merely to land upon the other. As for Q3, manufacturing sector seems like a broken branch, with a dismal growth of 3.5%, as against a healthy double-digit growth of 14% in Q3, FY24. Similarly, electricity, and other utility services …

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

Indian economy to pick momentum in H2FY25 amid tax relief, interest rate cuts: RBI Bulletin
1 month ago

Indian economy to pick momentum in H2FY25 amid tax relief, interest rate cuts: RBI Bulletin

Live Mint  

The Indian economy will likely get a boost from the pick-up in rural demand and the income tax relief announced in the Union Budget 2025, which is expected to support urban consumption amid interest rate cuts. The Reserve Bank of India highlighted in its monthly economic bulletin on Wednesday, February 19, that India's urban consumption is “poised for a recovery.” …

Past capex and robust rural demand will propel India’s economic growth: SBICap
1 month 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 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 …

SBI pegs India’s Q3FY25 GDP growth at 6.2%-6.3%
1 month ago

SBI pegs India’s Q3FY25 GDP growth at 6.2%-6.3%

The Hindu  

The Economic department of State Bank of India has pegged India’s Gross Domestic Product growth for Q3 FY25 at 6.2% to 6.3%. “Impinging upon our in-house developed ‘Nowcasting Model’ that leverages 36 high frequency indicators, we estimate the GDP growth for Q3 FY25 should come around 6.2%-6.3%,” said SBI in a Special Research Report on Wednesday. “IIP manufacturing growth has …

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 …

India to remain fastest growing economy as strong fundamentals push speedy rebound: FM
1 month, 1 week ago

India to remain fastest growing economy as strong fundamentals push speedy rebound: FM

Live Mint  

New Delhi: India is on course to making a speedy rebound and to retaining the tag of the fastest growing economy on account of its strong fundamentals and measures taken by the government, finance minister Nirmala Sitharaman told Parliament on Tuesday. I want to inform members, on account of strong economic foundation, a speedy rebound is happening and we shall …

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 …

Fiscal and monetary measures to boost consumption, private investment says FM
1 month, 2 weeks ago

Fiscal and monetary measures to boost consumption, private investment says FM

The Hindu  

Finance Minister Nirmala Sitharaman on Saturday said, “Fiscal and monetary measures announced recently will help boost consumption and promote private investment.” The Budget presented by the Finance Minister on February 1 proposed a slew of measures including significant income tax cuts for the middle class. On the monetary side, the Reserve Bank of India on Friday slashed the policy rate …

RBI MPC meeting 2025: RBI projects 6.7% growth for FY’26 on better Rabi harvest, tax relief by govt
1 month, 2 weeks ago

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

The Hindu  

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

India’s CAD to widen to 1.3% of GDP in FY26 on export headwinds from Trump’s trade policies: Crisil
1 month, 2 weeks ago

India’s CAD to widen to 1.3% of GDP in FY26 on export headwinds from Trump’s trade policies: Crisil

Live Mint  

India's economy is expected to grow at 6.5 per cent in the next financial year 2025-26, slightly higher than the 6.4 per cent growth estimated for the ongoing fiscal year. “Lower inflation and the RBI's rate cuts are expected to lift growth next fiscal, assuming a normal monsoon and lower crude oil prices,” said Crisil. If India's inflation moves closer …

Will the Finance Minister's headline-grabbing tax cuts revive the growth genie?
1 month, 3 weeks ago

Will the Finance Minister's headline-grabbing tax cuts revive the growth genie?

New Indian Express  

Will the personal income tax cuts bring home the consumption bacon? Preliminary estimates indicate that the Rs 1 lakh crore worth tax revenue foregone due to personal income tax cuts will likely add Rs 14.8 lakh crore worth national output, or add roughly Rs 10 lakh crore to private consumption in FY26. According to KV Subramanian, Executive Director, IMF India, …

Beyond tax cuts, a closer read of the Union Budget
Trending News
1 month, 3 weeks ago

Beyond tax cuts, a closer read of the Union Budget

The Hindu  

The Union Finance Minister, Nirmala Sitharaman’s presentation of the Union Budget on Saturday, February 1, was against the backdrop of pressing macroeconomic challenges — persistently high taxes and unemployment squeezing the middle-income class, subdued private investment, mounting external vulnerabilities that threaten to derail the growth story, and a looming fiscal overhang. While the Finance Minister laid out an ambitious road …

This budget is remarkable for its fiscal restraint—apart from other aspects
Trending News
1 month, 3 weeks ago

This budget is remarkable for its fiscal restraint—apart from other aspects

Live Mint  

The Union budget for 2025-26 is being hailed as a “thanksgiving’’ for the middle-class, while its personal income tax relief is being called “historic’’ and has hogged most of the limelight. Importantly, in absolute terms, the fiscal deficit is likely to remain flat at ₹15.7 trillion in 2025-26, as compared to 2024-25, and lower than its level of ₹16.5 trillion …

Budget 2025 is a pragmatic balance of consumption and fiscal discipline: Radhika Gupta
Trending News
1 month, 3 weeks ago

Budget 2025 is a pragmatic balance of consumption and fiscal discipline: Radhika Gupta

Live Mint  

Budget 2025 has moved in a path that at once caters to the immediate requirements of the economy, while continuing on the path to investing for future growth, even while ensuring a tight leash on the fiscal deficit. Tax slab rationalisation to boost consumption, ease of taxation via higher thresholds for tax deductions, tax clarity on ULIP investments, and tax-free …

Chandrajit Banerjee | FM lays down a transformative blueprint for India’s growth
1 month, 3 weeks ago

Chandrajit Banerjee | FM lays down a transformative blueprint for India’s growth

Deccan Chronicle  

The Union Budget 2025-26, unveiled by finance minister Nirmala Sitharaman, adeptly navigates the imperative of addressing immediate economic priorities while charting a path towards India’s long-term aspiration of becoming a developed nation by 2047. Other major infrastructure initiatives include the extension of the Jal Jeevan Mission, the creation of an Urban Challenge Fund, the launch of a Nuclear Energy Mission, …

Centre balances fiscal discipline with robust capital spending, support to states
1 month, 3 weeks ago

Centre balances fiscal discipline with robust capital spending, support to states

Live Mint  

New Delhi: The Union budget for FY26 presented by finance minister Nirmala Sitharaman on Saturday sought to signal prime minister Narendra Modi administration’s commitment to fiscal consolidation, infrastructure creation and support to states for building roads, highways and utilities. A robust 20% growth in personal income tax achieved in FY25 helped Sitharaman to offer income tax relief to individuals under …

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 …

Budget 2025: Set to Drive Economic Growth, Support Middle Class, and Boost Agriculture | ABP NEWS
1 month, 3 weeks ago

Budget 2025: Set to Drive Economic Growth, Support Middle Class, and Boost Agriculture | ABP NEWS

ABP News  

The focus of this year's budget is to boost India's overall economic growth, targeting a growth rate of over 6% and keeping inflation below 5%. The government aims to maintain liquidity in the market while encouraging consumption to support economic growth. A major area of focus will be the middle class, with Prime Minister Modi's recent statement signaling relief for …

Key numbers to watch out for ahead of Union Budget 2025
1 month, 3 weeks ago

Key numbers to watch out for ahead of Union Budget 2025

Deccan Chronicle  

New Delhi: Finance Minister Nirmala Sitharaman will present her record 8th straight Budget and all eyes will be on the much-expected tax relief for the middle class. Here are the key numbers to watch out for in the Union Budget for 2025-26: Fiscal Deficit: The budgeted fiscal deficit, which is the difference between the government expenditure and income, for the …

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 …

Eco Survey pitches for policy shift to cut cereal output, boost pulses, edible oils
1 month, 3 weeks ago

Eco Survey pitches for policy shift to cut cereal output, boost pulses, edible oils

Live Mint  

New Delhi, Jan 31 The pre-budget document for the 2024-25 fiscal has suggested policy reforms to discourage overproduction of cereals while boosting output of pulses and edible oils, which the country currently imports to meet domestic shortages. The Economic Survey 2024-25, tabled in Parliament on Friday, stressed that India's agriculture sector has "significant untapped growth potential" despite various growth initiatives. …

Key takeaways for the Indian Stock Market In the economic Survey: Banking and 5 other beneficiary sectors as per experts
1 month, 3 weeks ago

Key takeaways for the Indian Stock Market In the economic Survey: Banking and 5 other beneficiary sectors as per experts

Live Mint  

Budget 2025: Here are Key takeaways for the Indian Stock Market In the economic Survey 1.GDP Growth- According to the survey, India's FY26 GDP growth is expected in the range of 6.3-6.8 per cent. At the end of December 2024, BSE’s market capitalisation increased by 14.2 per cent since March 2024 to reach ₹445.2 lakh crore. Expert Views Banking and …

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, …

India's GDP growth projected at 6.3-6.8% for fiscal 2025-26: Economic Survey
Top News
1 month, 3 weeks ago

India's GDP growth projected at 6.3-6.8% for fiscal 2025-26: Economic Survey

India Today  

India's GDP growth for the financial year 2025-26 is expected to be between 6.3% and 6.8%, as per the Economic Survey 2024-25. On balance of these considerations, we expect that the growth in FY26 would be between 6.3 and 6.8 per cent," the Economic Survey, presented in parliament by Finance Minister Nirmala Sitharaman, said. Strong Domestic Economy to Support Growth …

India's GDP growth projected at 6.3-6.8% for fiscal 2025-26: Economic Survey
Top News
1 month, 3 weeks ago

India's GDP growth projected at 6.3-6.8% for fiscal 2025-26: Economic Survey

India Today  

India's GDP growth for the financial year 2025-26 is expected to be between 6.3% and 6.8%, as per the Economic Survey 2024-25. On balance of these considerations, we expect that the growth in FY26 would be between 6.3 and 6.8 per cent," the Economic Survey, presented in parliament by Finance Minister Nirmala Sitharaman, said. Strong Domestic Economy to Support Growth …

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 …

'Getting out of way' can help businesses: Economic Survey bats for deregulation
1 month, 3 weeks ago

'Getting out of way' can help businesses: Economic Survey bats for deregulation

India Today  

The Economic Survey 2024-25 tabled by Finance Minister Nirmala Sitharaman cautioned the country to take proactive measures and strengthen its global supply chains to tackle uncertainties while boosting its economy. The survey projected that the Indian economy would grow between 6.3% to 6.8% in FY26, slightly down from the 6.4% growth rate in the current fiscal. In order to increase …

What brokerages expect from India’s union budget on Feb. 1
1 month, 3 weeks ago

What brokerages expect from India’s union budget on Feb. 1

Live Mint  

By Bharath Rajeswaran Jan 27 - India's federal government is expected to use next month's budget to stimulate economic growth through measures such as income tax cuts, although a significant increase in capital expenditure appears unlikely, multiple brokerages said. MEANINGFUL INCOME TAX CUT Citi and Jefferies said that any meaningful cut in income tax for individuals with annual salaries of …

Budget 2025: Can tax reliefs be the game-changer for GDP?
1 month, 3 weeks ago

Budget 2025: Can tax reliefs be the game-changer for GDP?

India Today  

India's economy is showing signs of slowing down, with the GDP growth rate projected to fall to 6.4% in FY25 from 8.2% in FY24, according to the National Statistics Office. TAX RELIEFS AND THEIR IMPORTANCE Experts believe that providing tax relief could play a key role in reviving demand and boosting GDP. Subho Moulik, Founder and CEO of Appreciate, highlighted …

Capital markets to watch budget balance between fiscal deficit and spending
Trending News
2 months ago

Capital markets to watch budget balance between fiscal deficit and spending

Live Mint  

India’s market participants will watch the upcoming Union Budget for 2025-26 for proposals to boost consumption while continuing on the patch of fiscal consolidation as the economy grapples with a slowdown. The expectations from finance minister Nirmala Sitharaman’s eight budget are centered around potential reforms and fiscal measures that could boost various sectors and maintain India's growth momentum, said Dhiraj …

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 …

Will India's growth story gain momentum or slow down in FY26?
Trending News
2 months, 1 week 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 …

How can India’s consumption growth be revived?
2 months, 1 week ago

How can India’s consumption growth be revived?

Live Mint  

Weakness in private consumption is at the forefront of India’s growth slowdown. Personal income taxes, combined with net indirect taxes, now exceed 20% of private consumption spending, the highest level on record. A personal income tax cut would benefit only a small fraction of the population, as the vast majority do not pay income tax. Aggregate direct tax collections have …

India’s fiscal deficit for FY26 expected at 4.4%-4.6% of GDP: Goldman Sachs
2 months, 1 week ago

India’s fiscal deficit for FY26 expected at 4.4%-4.6% of GDP: Goldman Sachs

Live Mint  

New Delhi: India's fiscal deficit could come in at 4.4% to 4.6% of GDP in FY26, Goldman Sachs Economics Research said in a report on Monday. The central government's “fiscal impulse will remain a drag on growth in the next fiscal year”, said the report titled ‘Asia in Focus—Union Budget Preview: Policy Choices in a Cyclical Growth Slowdown’. "We continue …

India’s Growth Slowdown Meets Global Headwinds
2 months, 1 week ago

India’s Growth Slowdown Meets Global Headwinds

The Hindu  

Published : Jan 10, 2025 18:40 IST - 5 MINS READ Reams of news space were occupied this week by the analysis of the growth snafu that India has hit. The first set of advance estimates for FY25 has pegged India’s real GDP growth at 6.4 per cent. It is also lower than the Reserve Bank of India’s current projection …

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