Is India's economy losing steam as 2025 dawns?
2 weeks, 1 day ago

Is India's economy losing steam as 2025 dawns?

New Indian Express  

As 2024 draws to a close, it's becoming evident that India's economic growth is stuck in a game of two halves. Like the Earth's rotation that lights up only half the planet, leaving the other half in darkness, the country's economy too is rocking on its axis, lighting up some sectors, but leaving others behind. In short, as the economy tries to whip up world-beating growth rates, the country's growth cycles are traversing an uncanny pattern -- now here, now gone, now back again. The first two quarters of FY25 turned in growth with charmless energy, but the government insists that it won't tear a great deal of flesh, as the last two quarters will likely make up for the lost momentum. The last fiscal's 8% plus output didn't yield mass job creation, which indicates growth wasn't entirely organic and much of it was due to state-sponsored spending.

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History of this topic

India to lead South Asia’s Economic Growth in 2025 says UN Report
4 days, 10 hours ago

India to lead South Asia’s Economic Growth in 2025 says UN Report

Deccan Chronicle  

Mumbai: The Indian economy is projected to expand by 6.6 per cent in 2025 and 6.8 per cent in 2026, primarily supported by robust private consumption and investment, export growth in services and certain manufactured goods according to a United Nations World Economic Situation and Prospects Report 2025. According to the report, the near-term outlook for South Asia is expected …

GDP growth in FY25 may hit 4-year low. Is Indian economy losing steam?
Top News
1 week ago

GDP growth in FY25 may hit 4-year low. Is Indian economy losing steam?

India Today  

India’s economic growth is expected to slow sharply to 6.4% in FY25, according to the first advance estimates released by the government. SECTORAL GROWTH MODERATION Dr. Manoranjan Sharma, Chief Economist at Infomerics Ratings, explained, “India’s GDP is expected to grow by 6.4% in FY25 over 7.2% in FY24. These shifts in consumer behaviour underline a broader transition in India’s consumption …

Watch: Indian economy: what to expect in 2025?
1 week, 4 days ago

Watch: Indian economy: what to expect in 2025?

The Hindu  

At the start of 2024, there was a lot of excitement about the Indian economy - the country was one of the fastest growing economies in the world and there was anticipation that India will become a $4 trillion economy in 2024-25 and become the world’s third-largest economy by 2027. However, the latest data from the National Statistics Office showed …

The year in data: how 2024 stacked up for economy, politics, climate and more
Trending News
2 weeks, 1 day ago

The year in data: how 2024 stacked up for economy, politics, climate and more

Live Mint  

India is always beaming with the extraordinary potential of a massive young population, rapidly growing middle class, and geographical richness. Beyond air, India’s growth and development trajectory will also be threatened by climate change and it will have to set aside huge budgets to tackle its impact. The Reserve Bank of India underestimated inflation for the fifth year in 2024-25 …

2024 yearender: A year marred by great economic uncertainties
2 weeks, 1 day ago

2024 yearender: A year marred by great economic uncertainties

Hindustan Times  

Donald Trump will take charge as the US President for the second time on January 20, 2025. In a move that could have far-reaching consequences for the world economy, Trump has promised imposition of large-scale tariffs as a bargaining tool to buttress US’s economic dominance and well-being vis-à-vis other countries. Should Trump enter into an open conflict with the US …

How the Indian economy fared in 2024, in 9 charts
3 weeks, 1 day 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 …

India in 2025: Challenges are resurfacing but so are opportunities
3 weeks, 5 days ago

India in 2025: Challenges are resurfacing but so are opportunities

Live Mint  

Much has been said about India’s growth slowdown to 5.4% in the quarter ending September. We believe that the bulk of the growth exuberance over the past few years has been led by the rise of ‘new India’, a small but fast growing part of the economy, which comprises several high-tech sectors. After several heady years, the base of ‘new …

Govt confident of economic rebound despite global challenges, says Piyush Goyal
1 month ago

Govt confident of economic rebound despite global challenges, says Piyush Goyal

Live Mint  

New Delhi: Despite global uncertainties owing to supply-chain disturbances following the Red Sea crisis, union commerce and industry minister Piyush Goyal has said he was confident that India's economic growth would be back on track by the end of the fiscal year. Speaking at Times Network’s India Economic Conclave on Thursday, Goyal said, "There was an election in the first …

Indian economy set for resilient growth in 2025; urban consumption, infra investment to be key: S&P
1 month ago

Indian economy set for resilient growth in 2025; urban consumption, infra investment to be key: S&P

Firstpost  

In its India outlook for 2025, S&P also retained India’s growth forecast for current fiscal at 6.8 per cent, followed by 6.9 per cent growth in 2025-26 S&P Global Ratings on Tuesday said the Indian economy is set for “resilient growth” in 2025 and projected inflation pressure to recede which will lead to “modest” easing of the monetary policy by …

India's Growth Outlook: A Beacon of Stability Despite Temporary Slowdown
2 months, 3 weeks ago

India's Growth Outlook: A Beacon of Stability Despite Temporary Slowdown

Deccan Chronicle  

India's growth outlook remains steady despite a temporary slowdown in momentum in the second quarter of 2024-25. The country's aggregate demand is expected to shrug off the slowdown due to the pick-up in festival demand and consumer confidence. Domestic manufacturing and services PMI have shown signs of improvement, while rural demand is expected to get a boost from the improved …

How weak consumption growth is holding back the Indian economy's potential
5 months, 2 weeks ago

How weak consumption growth is holding back the Indian economy's potential

Hindustan Times  

Ashlesh —34-year-old former data entry operator at a small firm in Ghaziabad, and originally from the village of Ambar Nagar in Balrampur, in Uttar Pradesh — immediately wanted to make it big in life the day after he had lost his job. ‘As if there is no effect of the high growth here,” Ashlesh said, echoing concerns shared by Amit …

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025
6 months, 3 weeks ago

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025

Times of India  

NEW DELHI: The International Monetary Fund has forecast that India's GDP is likely to grow to moderate from 8.2% in 2023 to 7% in 2024 and 6.5% in 2025. "In India, the outlook is for GDP growth to moderate from 8.2% in 2023 to 7% in 2024 and 6.5% in 2025, because pent-up demand accumulated during the pandemic has been …

India's 2024 economic growth projection revised upwards by U.N. to nearly 7%
7 months, 4 weeks ago

India's 2024 economic growth projection revised upwards by U.N. to nearly 7%

The Hindu  

The United Nations has revised upwards India’s growth projections for 2024, with the country’s economy now forecast to expand by close to 7% this year, mainly driven by strong public investment and resilient private consumption. The World Economic Situation and Prospects as of mid-2024, released Thursday, said, “India’s economy is forecast to expand by 6.9% in 2024 and 6.6% in …

Indian economy projected to grow 6.5% in 2024: UNCTAD
8 months, 4 weeks ago

Indian economy projected to grow 6.5% in 2024: UNCTAD

The Hindu  

India’s economy is projected to grow by 6.5% in 2024, according to a report by the UN which noted that multinationals extending their manufacturing processes into the country to diversify their supply chains will have a positive impact on Indian exports. “The expansion in 2023 was driven by strong public investment outlays as well as the vitality of the services …

India's GDP to grow 6.1% in 2024: Moody's Analytics
9 months ago

India's GDP to grow 6.1% in 2024: Moody's Analytics

The Hindu  

Moody's Analytics on April 12 projected India's economy to expand 6.1% in 2024, lower than 7.7% growth clocked in 2023. We expect India’s GDP to grow 6.1% in 2024 after 7.7% last year," Moody's Analytics said. Moody's Analytics said looking at the GDP relative to its trajectory prior to the pandemic shows that India and Southeast Asia have seen some …

Moody's raises India's 2024 growth forecast to 6.8%
10 months, 1 week ago

Moody's raises India's 2024 growth forecast to 6.8%

The Hindu  

Global rating agency Moody's on March 4 raised India's growth forecast for 2024 calendar year to 6.8%, from 6.1% estimated earlier, on the back of 'stronger-than-expected' economic data of 2023 and fading global economic headwinds. “Capital spending by the government and strong manufacturing activity have meaningfully contributed to the robust growth outcomes in 2023,” Moody’s Investors Service said. India is …

Indian economic prospects may require a more realistic analysis
1 year, 4 months ago

Indian economic prospects may require a more realistic analysis

Live Mint  

The chaos and cacophony of bazaars have a life-affirming quality. Walking through a Delhi bazaar last week, chatting with friendly shopkeepers and roadside merchants and revelling in the warm glow of traditional India, it was impossible not to feel optimistic about the country’s prospects. Recall that, in 2020-21, India’s economy, still recovering from an unwarranted demonetization, contracted by 7% as …

Indian Economy Expected To Grow 6.7% In 2024, Country Remains A Bright Spot: UN
1 year, 7 months ago

Indian Economy Expected To Grow 6.7% In 2024, Country Remains A Bright Spot: UN

News 18  

India’s economy is expected to grow by 6.7 per cent in the calendar year 2024, supported by resilient domestic demand, according to a UN report which said higher interest rates and weaker external demand will continue to weigh on investment and exports this year for the country. The World Economic Situation and Prospects as of mid-2023 released on Tuesday said …

India to remain 5th largest economy in 2023, says RBI bulletin
1 year, 11 months ago

India to remain 5th largest economy in 2023, says RBI bulletin

Live Mint  

A Reserve Bank of India bulletin said on Thursday that India will maintain its position as the fifth-largest economy in 2023. It further said that India will become a USD 3.7 trillion economy in 2023 and will continue to maintain its lead on the United Kingdom, stressing that the macroeconomic stability is getting entrenched. Recent data arrivals indicate that the …

Explained | Is the economy driving with the brakes on?
2 years ago

Explained | Is the economy driving with the brakes on?

The Hindu  

The story so far: At this time last December, India’s economy was on the cusp of a fledgling recovery from the COVID-19 pandemic, though the Omicron variant posed fresh speed bumps for the rebound. As JP Morgan managing director and India chief economist Sajjid Chinoy explained at a CII economic policy summit last week, 2022 was expected to see a …

Indian Economy Resilient But Sensitive To Global Headwinds, On Way To Post 7% Growth In FY23: RBI
2 years, 1 month ago

Indian Economy Resilient But Sensitive To Global Headwinds, On Way To Post 7% Growth In FY23: RBI

News 18  

India’s Q2 GDP Growth Forecast: The Reserve Bank of India on Friday said the Indian economy is resilient but also “sensitive to formidable global headwinds”. The central bank pegs the country’s GDP for the July-September 2022 quarter between 6.1 per cent and 6.3 per cent based on economic prediction models and high-frequency indicators, like IIP, PMI, core sector data and …

The Indian Economy In 2022 And What We Can Look Forward To In 2023 - News18
2 years, 2 months ago

The Indian Economy In 2022 And What We Can Look Forward To In 2023 - News18

News 18  

Opinion | The Indian Economy In 2022 And What We Can Look Forward To In 2023 Curated By : Last Updated: December 31, 2022, 10:30 IST India is simultaneously moving on all fronts. That the Indian economy is not overburdened with debt, particularly external debt, puts it in a good position to realise its ambitions in 2023 and beyond The …

GDP grew 8.7% in 2021-22 against 6.6% in previous fiscal: Govt
2 years, 7 months ago

GDP grew 8.7% in 2021-22 against 6.6% in previous fiscal: Govt

India TV News  

Highlights Indian economy expanded by 8.7 per cent in 2021-22 against a 6.6 per cent contraction in 2020-21. The GDP grew by 4.1 per cent in the fourth quarter of 2021-22, showed govt data. India's economy grew by 4.1 per cent in the fourth quarter of 2021-22, pushing up the annual growth rate to 8.7 per cent, official data showed …

India's GDP Expected To Grow 9% in FY22, May Clock Over 8% Growth in FY23: PHDCCI
2 years, 9 months ago

India's GDP Expected To Grow 9% in FY22, May Clock Over 8% Growth in FY23: PHDCCI

News 18  

India’s gross domestic product is expected to have grown nine per cent in the financial year 2021-22, which is the highest among the leading economies, and the growth is likely to be over eight per cent in the current financial year, according to the PHD Chamber of Commerce and Industry. “At this juncture, the percolation of ease of doing business …

India’s true growth trajectory will be revealed next year
3 years ago

India’s true growth trajectory will be revealed next year

Live Mint  

The covid-19 pandemic dealt a severe blow to the Indian economy. Bright Spots Despite the uncertainties regarding the future course of the pandemic, the International Monetary Fund sees favourable short-term growth prospects for India. In a similar vein, the World Bank, in its Global Economic Prospects report published in June 2021, projected India’s economy to grow at 8.3% and 7.5% …

Is India's economy back on track? Here's what to expect from Q2 GDP numbers
3 years, 1 month ago

Is India's economy back on track? Here's what to expect from Q2 GDP numbers

India Today  

India’s economy witnessed a sharp recovery after the second Covid-19 wave battered growth earlier in the year. In the first quarter of FY22, the country’s GDP growth accelerated to a record 20.1 per cent on the back of improvement in the pandemic situation, aided by rising vaccination and reopening of the economy. Read | India’s GDP grows at over 20% …

BJP’s three-fold economic challenge in the run-up to 2024
3 years, 6 months ago

BJP’s three-fold economic challenge in the run-up to 2024

Hindustan Times  

The cabinet reshuffle on July 7 comes almost at the half-way point of the second term of the Modi government. The reshuffle has come on the back of a series of adverse events for the Bharatiya Janata Party -led government: India’s largest ever economic contraction in 2020-21, a devastating second wave of the Covid-19 pandemic, a shock defeat for the …

India Projected to Grow at 10.1% in 2022 but Outlook for 2021 Highly Fragile: UN
3 years, 8 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 …

Evidence of Normalisation of India’s Economic Activity, Says IMF Chief Economist
3 years, 9 months ago

Evidence of Normalisation of India’s Economic Activity, Says IMF Chief Economist

News 18  

There is evidence of normalization of economic activities in India, IMF Chief Economist Gita Gopinath has said ahead of the annual spring meeting of the International Monetary Fund and the World Bank here. On Tuesday, the IMF projected an impressive 12.5 percent growth rate for India in 2021, stronger than that of China, the only major economy to have a …

India could be back on top as the world’s fastest growing economy this year
3 years, 10 months ago

India could be back on top as the world’s fastest growing economy this year

CNN  

London CNN Business — After plunging into recession for the first time in nearly a quarter of a century, India’s economyshouldcome roaring back to life in 2021. India’s gross domestic product is projected to expand by 12.6% during the country’s fiscal year starting in April, according toa forecast released Tuesday by the Organization for Economic Cooperation and Development. If that …

India's economy expands 0.4% in Oct.-Dec., ending recession
3 years, 10 months ago

India's economy expands 0.4% in Oct.-Dec., ending recession

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy India’s economy expanded by a …

Indian economy to become 5th largest in next 5 years: Reports
4 years ago

Indian economy to become 5th largest in next 5 years: Reports

Op India  

Amidst the economic slump caused due to the outbreak of the Wuhan Coronavirus, India is projected to overtake the United Kingdom to become the fifth-largest economy in the world by 2025. This growth trajectory will see India become the world’s third-largest economy by 2030, overtaking the UK in 2025, Germany in 2027 and Japan in 2030,” the think tank noted. …

Has India’s GDP Decline 'Bottomed Out'?
4 years, 10 months ago

Has India’s GDP Decline 'Bottomed Out'?

ABP News  

US Presidents In India: From Eisenhower To Trump Outside of the formal sector, data has been difficult to collect credibly in India. The manufacturing sector contracted again, which is astonishing given that the primary focus of economic growth by Modi himself was his fancy Make In India scheme. Disclaimer: The opinions, beliefs and views expressed by the various authors and …

Reality check: on govt projecting slower GDP growth
5 years ago

Reality check: on govt projecting slower GDP growth

The Hindu  

The government’s advance estimates for economic output and growth for the fiscal year ending in March may raise eyebrows, but only for the wrong reasons. The National Statistical Office has estimated that Gross Domestic Product will expand by 5% in the 12-month period, in line with the Reserve Bank of India’s sharp downward revision last month in its full-year growth …

Opinion | How Indian economy came back down to earth
5 years ago

Opinion | How Indian economy came back down to earth

Live Mint  

India's economy lost its sheen this year. Just last year, India was the world’s fastest growing major economy. Alarmingly for the Reserve Bank of India, these clogs in the financial pipes mean five interest-rate cuts this year haven't packed much punch. An academic paper by a former aide to Prime Minister Narendra Modi reckons growth over the past few years …

India’s vision 2020 meets the real world
5 years, 1 month ago

India’s vision 2020 meets the real world

Live Mint  

The year 2000 was fascinating. Abdul Kalam, who would go on to become President, the Planning Commission came up with an omnibus document that defined and articulated India’s vision 2020. While Brazil and Russia disappointed Jim O’Neill, the Goldman Sachs economist who coined this term, China and India have indeed done well, possibly better by way of gross domestic product …

India GDP growth plunges to 5%
5 years, 4 months ago

India GDP growth plunges to 5%

CNN  

New Delhi CNN Business — India’s economic slump risks becoming a crisis, with growth plunging to levels not seen since Prime Minister Narendra Modi was elected in 2014 on a promise to turn the country into a global powerhouse. It’s also the weakest growth rate recorded under Modi, who first swept to power five years ago promising to take India’s …

Opinion | Is India headed for its worst growth recession in a decade?
5 years, 4 months ago

Opinion | Is India headed for its worst growth recession in a decade?

Live Mint  

Much of the debate in recent months has been focused on the sharp loss of economic momentum in India. Economic growth fell sequentially in the three quarters from June 2008, or the second quarter of fiscal year 2009. Economic growth peaked in the three months ended March 2011, but slowed for five consecutive quarters after that. The most recent goods …

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