"gdp-growth"

India is formulating an action plan to counter a 50% US tariff hike impacting key exports, Economic Affairs Secretary Anuradha Thakur said. Despite fiscal deficit concerns, the government remains confident in achieving targets amid strong economic fundamentals and domestic demand growth

RBI pause reflects a wait-and-watch approach amid global uncertainties and the impact of the previous rate cuts

The Reserve Bank of India is expected to maintain the status quo on repo rates in the August 6 MPC meet, as per HSBC Global Investment Research. The report projects 7 per cent GDP growth in upcoming quarters despite inflation and corporate margin pressures

The FY26 growth projections are compared with the 6.5 per cent economic growth recorded in the 2024-25 fiscal year. The Reserve Bank of India (RBI) has projected economic growth at 6.5 per cent for the June quarter and 6.7 per cent for the September quarter

The size of the Indian economy rose to Rs 330.68 lakh crore or about USD 3.9 trillion, according to government data

However, summer heat poses high upside risks to food prices in addition to elevated geopolitical risks and tariff war

It may be noted that the growth projection for the current year has been marked down by 20 basis points relative to our earlier assessment of 6.7 per cent in the February policy": RBI Governor

The mild revision of 10 basis points (bps) in the second advanced estimate to 6.5 per cent takes the expected real GDP growth this fiscal closer to the average of 6.6 per cent seen in the decade pre-pandemic

Government capital expenditure surged to Rs 2.7 lakh crore, marking about a 30 per cent increase compared to the average of the first two quarters which was a bit muted due to general elections

Rural development must measure not just what people earn but also how they live

Govt must focus on labour-intensive industries like MSMEs to bridge the income gap

8% of the Indians are the consuming class while 1 billion Indians are the ghosts in the consumer market

Instead of relying on a one-size-fits-all national strategy, we need a vision for each State and sector

Food inflation could ease if the monsoon turns favourable this year, as IMD weather forecasts suggests. Weather risks and the uptick in crude oil prices will be key to growth.

"The conditions are shaping up for an extension of a trend upshift in India's real GDP growth, backed by strong investment demand and upbeat business and consumer sentiments," the report states.

ADB's flagship Asian Development Outlook (ADO) report, released on Wednesday, said India's economy grew 13.5 per cent year-on-year in the first quarter of 2022-23, reflecting strong growth in services.

New Delhi: India’s economic growth is expected to remain in the range of 8 to 8.5 per cent in 2022-23 as against a projected growth of 9.2 per cent in the current financial year and a sharp contraction witnessed in 2020-21, according to the Economic Survey 2021-22 tabled in the parliament on Monday. “With the […]

IMF scaling down India’s growth forecast is yet another grim reminder of the ongoing crisis and the tough recovery road ahead

The sovereign credit ratings on India reflect the economy's above-average long-term real GDP growth, sound external profile, and evolving monetary settings, S&P Global Ratings stated.

GDP growth in the current fiscal was estimated to be in double digits initially, but a severe second wave of pandemic has led to various agencies cut growth projections.