Page 5 - Economic Growth

Asia-Pacific growth to fall if US imposes reciprocal tariffs: S&P

Major Asia Pacific economies like India, China, and Japan, will see growth fall by 0.2-0.4 percentage points (ppts) over the next two years if the US implements the reciprocal tariffs announced on April 2, S&P Global Ratings said on Tuesday. It said that the threat and imposition of tariffs by the US will slow global trade and confidence. The region's dependency on exports with China and the US will have an outsized hit on manufacturers and small economies. "Should the tariffs announced on April 2, 2025 resume for economies ex-China, the geopolitical and economic fallout will be deep," S&P Global Ratings, Asia-Pacific Head of Research, Eunice Tan said. For India, S&P had in March projected a 6.5 per cent and 6.8 per cent growth for 2025 and 2026, respectively. If the reciprocal tariff as announced by US President Donald Trump is implemented, S&P estimates the growth to fall to 6.3 per cent and 6.5 per cent, respectively. After the April 2 announcement jolted stock ...

More R&D, easier labour laws needed to counter Trump's tariffs, say experts

Providing more incentives to Indian industry to blunt the impact of the tariffs is unlikely to help, as will be any retaliatory measures; instead, lowering duties on intermediate goods will do more go

US reciprocal tariffs: India's FY26 economic growth seen closer to 6.3%

"We still expect growth to be in the range of 6.3-6.8 per cent as projected earlier, though it may be closer to the lower end of the band," a government official said

India's growth to be highest among advanced, emerging G20 nations: Moody's

Moody's Ratings on Tuesday said India's growth at 6.5 per cent this fiscal will remain the highest amongst the advanced and emerging G-20 countries, supported by tax measures and continued monetary easing, and the country will continue to attract capital and withstand any cross-border outflow. In its report on emerging markets, Moody's said such economies are "exposed to choppy waters" from the churn of US policies and its potential to reshape global capital flows, supply chains, trade and geopolitics. Large EMs (emerging markets) have resources to navigate the turbulence. It said economic activity in the fastest-growing economies will slow slightly from high levels but remain strong this year and next. In China, exports and investment in infrastructure and priority high-tech sectors remain the main growth drivers, while domestic consumption remains weak. "India's growth will remain the highest of the advanced and emerging G-20 countries, supported by tax measures and continued ...

Slowdown suspense: India Inc trails without a macroeconomic crisis

Companies are struggling to improve revenue and profit even as there's no macroeconomic crisis. Sectors as varied as consumer goods and cement are affected

New financial year set to bring key tax, pension, and MSME reforms

The new income tax slabs under the new tax regime have been modified to increase the basic exemption limit from ₹3 lakh to ₹4 lakh

External risks: US trade policy may affect economic growth in FY26

According to the National Statistics Office's second advance estimates, the Indian economy is estimated to have grown 6.5 per cent in FY25

Economic policies in India are made for 'Bombay club', says RJD MP AD Singh

Participating in a debate on the Finance Bill, Singh quoted a report of the World Bank from 2024, and said India's economic growth has slowed down, and at current pace

The liquidity conundrum: Rate cuts need right balance in financial system

How much liquidity do we need: Appropriate, adequate, or abundant? To inject growth instinct, adequate liquidity needs to complement rate cut

Fitch keeps India's FY26 GDP forecast at 6.5%, ups FY27 projection to 6.3%

The rating agency expects two further cuts in the policy rate this calendar year, revised downwards to 5.75 per cent by December 2025

Nandan Nilekani's master key to help unlock India's $8 trillion future

Nilekani believes the combination of AI, smartphones will help unlock digital access, but challenges like income disparity remain; Nilekani's 'The Great Unlock' aims to overcome these barriers

Nandan Nilekani's 4 tips for India's economy to hit $8 trn mark by 2035

Outlining key factors for India's economic expansion, Nilekani spoke about the necessary "Big Unlocks" required to accelerate the country's growth rate from 6 per cent to 8 per cent

Datanomics: India needs to innovate, cut debt to become developed by 2047

From 2020-21 to 2024-25 (2020-2024 in case of the rest of the world), India's economic growth slowed to 5.4 per cent but was higher than any other major country including China

Modern framework needed to create growth-conducive investment climate: CEA

Chief Economic Advisor V Anantha Nageswaran on Tuesday said India should have a modern, responsive regulatory framework to create a growth-conducive investment climate, as FDI inflows get impacted due to pressure on global growth. Addressing the Post Budget Webinar 2025 titled 'Making India Investment Friendly, Nageswaran said India has emerged as the preferred investment destination as evidenced from gross FDI inflows. "We need to focus on improving regulatory clarity, easing business operation and making sure that plumbing of regulatory framework corresponds with broader vision (of reforms)," he said. Nageswaran said it is very clear that growth will come under pressure across the world considering the actions taken by various governments over the past one month. He said India has to do whatever it can domestically to sustain the "mood of constructive optimism" within the country. He said a robust investment climate is necessary, particularly when global FDI flows are likely to

PM aims for India to be 3rd largest economy, developed by 2047: Amit Shah

He highlighted the vital role of the dairy sector in accelerating the country's development, ensuring nutrition, and uplifting rural areas, landless farmers

India's economy unshaken by global risks: CEA V Anantha Nageswaran

The CEA noted that urban demand has strengthened while inflation is on a downward trend

India's Q3 GDP grows at 6.2%, FY25 forecast revised to 6.5%: Govt

Q3 GDP growth rebounds in second half of the year led by uptick in agricultural and industrial activity, along with resilient rural demand

India needs 7.8% growth to become high income country, says World Bank

The report comes just hours before India is set to release gross domestic product figures for the last quarter

India's economic recovery likely clouded by global trade risks ahead

The Indian government has already lowered its GDP growth estimate for the current fiscal year through March to 6.4 per cent

Q3 GDP growth seen stronger on improved rural demand, govt spending

In the three months to December, gross domestic product likely expanded by 6.3% from a year earlier, according to a Reuters' poll