India's economy is expected to grow 6.8-7.2% in 2026-27; exports, domestic demand and reforms support growth, while global trade tensions pose some risks
The Economic Survey 2025-26 highlighted three possible scenarios emerging in the year ahead that can have an impact on how the global economies shape up going ahead
Ongoing negotiations for a trade agreement with the US are expected to conclude during the year, a development that could help reduce uncertainty on the external front, according to Economic Survey 2025-26. For India, it said, the global conditions translate into external uncertainties rather than immediate macroeconomic stress. Slower growth in key trading partners, tariff-induced disruptions to trade and volatility in capital flows could intermittently weigh on exports and investor sentiment, the Survey said. "At the same time, ongoing trade negotiations with the United States are expected to conclude during the year, which could help reduce uncertainty on the external front," it said. India and the US are negotiating a bilateral trade agreement since March last year. So far, six rounds of negotiations have been held. Talks are going slow as the Trump-administration has imposed a steep 50 per cent tariffs on Indian goods from August last year. A delegation from the office of the
CEA V Anantha Nageswaran said that inflation is largely contained, rainfall and agricultural prospects are supportive, external liabilities remain low, and banks are in good health
On the whole, the Survey paints a positive picture for the economy as well as outlook, though cautions more on the external environment
There is a convergence in priorities among central banks as they adopt AI, which includes using AI to enhance decision-making, improve operational efficiency, and manage risks effectively, survey said
India's economy is expected to grow 6.8-7.2% in 2026-27; exports, domestic demand and reforms support growth, while global trade tensions pose some risks
In addition, a statement reviewing the working of the Airports Economic Regulatory Authority of India, New Delhi, for the year 2024-25 will be presented before the House
Growing inequality between the rich and poor is the top-most economic concern for the youth across the world, while a large number of them want to run for political office rather than just critique, a new survey showed on Monday. The World Economic Forum's Youth Pulse 2026: Insights from the Next Generation for a Changing World 2026 report sought to know how the next generation is interpreting, and responding to, rapid economic, political, technological and environmental change. The survey, drawing insights from nearly 4,600 young people aged 1830 in 144 countries and territories, found that 48.2 per cent identify 'growing inequality between the rich and poor' as the top economic trend shaping the future. Yet in regions such as Sub-Saharan Africa and South Asia, entrepreneurship emerged as the most powerful economic force reflecting growing confidence in innovation and self-determination as key drivers of opportunity. More than 57 per cent cited financial concerns among their bigg
The NITI Aayog's proposal for Chinese companies to acquire stakes of up to 24 per cent would also balance investor interests with misgivings in Indian policy
India's premier tech institutes are witnessing a quiet revolution as economics, once sidelined, emerges as a key discipline with broad applications and industry demand
"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
Data collection for the 7th Economic Census began in 2019 and took two years to complete owing to Covid
Tamil Nadu is projected to grow over 8% in 2024-25, driven by policy reforms, infrastructure development, and economic diversification
The average annual borrowings by the Assam government increased by nearly 78 per cent over three years from 2019-20, while growth has slowed down for GSDP and per capita income during the current fiscal compared to the preceding year, according to the state's Economic Survey report for 2024-25. The report, tabled in the state assembly on Monday, said the borrowing of the state government was Rs 16,634.53 crore in 2019-20. It increased to Rs 30,510.80 crore in 2022-23, with an annual average growth of 77.92 per cent over the previous year. It said that as per advance estimates, the nominal GSDP at current prices for 2024-25 is likely to be Rs 6.43 lakh crore as against Rs 5.70 lakh crore in 2023-24, reflecting a growth of 12.74 per cent. According to figures mentioned in the budget speech of Finance Minister Ajanta Neog, the state's GSDP growth was 19 per cent in 2023-24 compared to the preceding year, indicating a fall in the projected annual growth rate for 2024-25. The Economic .
Maharashtra's economy is expected to grow at 7.3 per cent as per the advance estimates of 2024-25, according to the government's pre-Budget Economic Survey tabled in the assembly on Friday. The report was tabled by Deputy Chief Minister Ajit Pawar who holds the finance portfolio. The survey said the Indian economy is expected to grow at 6.5 per cent during 2024-25. In the financial year 2024-25, agriculture and allied activities, industry and services sectors are expected to grow at 8.7 per cent, 4.9 per cent and 7.8 per cent, respectively, it said. The nominal GSDP (Gross State Domestic Product) for 2023-24 is estimated at Rs 40,55,847 crore as against Rs 36,41,543 crore in 2022-23, said the Economic Survey. The real GSDP is estimated at Rs 24,35,259 crore for 2023-24 compared to Rs 22,55,708 crore for 2022-23, it said. As per revised estimates, the share of Maharashtra's nominal GSDP in the all-India nominal GDP was the highest at 13.5 per cent during 2023-24, said the survey.
Cruise companies like Antara Cruises and Cordelia Cruises told Business Standard that they are planning to invest as well as raise funds to expand their fleet size
Odisha's economy is estimated to grow by 7.2 per cent in the current financial year, which is higher than the all-India growth rate of 6.4 per cent, according to the state economic survey report for the 2024-25 fiscal. The report, which was laid before the state assembly on Saturday evening, stated that the size of Odisha's economy proxied by GSDP at current prices is estimated to be at Rs 9.5 lakh crore in 2024-25 which has increased by 10 per cent from Rs 8.6 lakh crore in the 2023-24 fiscal. All the sectors have shown robust growth in the financial year 2024-25 and the state is poised for rapid growth in the years ahead. Higher capital investment and investment intent received through Utkarsh Odisha would further increase growth rate in the state in future, an official statement highlighting the key points of the report said. Similarly, the per capita income has increased by 10.6 per cent to reach Rs 1,82,548 in 2024-25 (advance estimate) while per capita income at all-India leve
While the Economic Survey last month hailed a Kerala model of land leasing, there exist multiple blocks to a comprehensive policy, in part due to differing state laws
Rules for consumer-facing services, such as cab aggregators, need to be reviewed to ensure both drivers and passengers are treated fairly