Gdp

India economic growth may beat RBI's 6.7% forecast: Deputy Guv Poonam Gupta

Gupta also sounded confident about India's external accounts, saying it will be 'much more conducive'

India's growth to slow to 6.8% in FY27 amid West Asia crisis, El Nino risks

India Ratings & Research on Tuesday projected India's GDP growth to slow down to 6.8 per cent in the current fiscal year, as against 7.6 per cent in the previous year, citing risks from fuel and food inflation stemming from West Asia conflict's uncertainty, weak currency, and the likely impact of El Nino on agriculture. The FY27 GDP growth projection at 6.8 per cent is a tad higher than the 6.7 per cent growth Ind-Ra had projected in May. Earlier this month, the Reserve Bank of India (RBI) had raised growth projections from 6.6 per cent to 6.7 per cent citing resilient domestic economy. The domestic rating agency said it now estimates average crude oil price at USD 85/bbl in FY27 compared to USD 95/bbl in May 2026. It expects rupee-dollar exchange rate to average Rs 93.98 (May 2026: Rs 94.28), a depreciation of 6.4 per cent YoY, in FY27. Fitch Group subsidiary Ind-Ra estimates capital flows of USD 70 billion under foreign currency non-resident (bank) (FCNR B) and external ...

India 6th-largest economy in world with $3.92 trn GDP: Govt tells Parl

The International Monetary Fund (IMF) in its World Economic Outlook for April 2026 noted India's nominal GDP at USD 3.92 trillion for 2025-26, which makes India the sixth-largest economy in the world, Parliament was informed on Tuesday. "The IMF's rankings are based on nominal GDP measured at prevailing US Dollar exchange rates. Consequently, the relative ranking of economies can change due to a combination of factors, including economic growth, movements in exchange rates and prices, revisions to national accounts and changes in the size and growth of other major economies," Minister of State for Finance Pankaj Chaudhary said in a written reply to the Rajya Sabha. The government has adopted a broad-based strategy to enhance the growth potential of the Indian economy, he said. The strategy focuses on enhancing agricultural productivity, promoting manufacturing through initiatives such as the Production-Linked Incentive Schemes and relaxing Quality Control Orders, strengthening MSMEs

India growth seen slowing to 6.6% in FY27, says Fitch Group company BMI

Fitch Group company BMI on Tuesday projected India's growth to slow to 6.6 per cent in the current fiscal as the boost to the economy from last year's GST reforms wanes and elevated inflation erodes household income. The Indian economy grew 7.7 per cent in financial year 2025-26. India remains Asia-Pacific's fastest-growing large economy, but the risks lie to the downside, mainly from a re-escalation in the Middle East or a weaker monsoon, BMI said. It said India's growth will slow in FY27 as the fiscal boost from GST reforms fades and inflation remains elevated, averaging 5.4 per cent. "We expect growth to moderate from 7.7 per cent in FY2025/26 (April-March) to 6.6 per cent in FY2026/27, as the lift from last year's Goods and Services Tax reforms wears off while elevated inflation erodes household incomes," BMI said. As part of the GST reforms rolled out in September last year, tax rates on 375 items were cut and GST was rationalised from a 4-tier structure to virtually 2 slabs

CAG report 2024-25 signals decline in Delhi's contribution to national GDP

A CAG report tabled in the Delhi Assembly by Chief Minister Rekha Gupta on Monday highlighted the overall declining trend of GSDP, indicating "slightly slower" economic growth of the city as compared to the rest of the country. The report on the finances of Delhi government for 2024-25 analysed overall financial health, expenditure trends, debt position, and compliance with fiscal responsibility during the period when the Aam Aadmi Party (AAP) was in power in Delhi. The economic growth and gross state domestic product (GSDP) of Delhi showed a "healthy trend" in 2024-25. The GSDP at Rs 12.15 lakh crore registered a growth of 9.17 per cent over the previous financial year, the report by the Comptroller and Auditor General (CAG) of India said. It said Delhi contributed 3.67 per cent to the gross domestic product (GDP) of India in 2024-25. GDP refers to the total value of goods and services produced within a country, while GSDP measures the same at the state or Union territory level, an

Govt's debt-to-GDP ratio at 58.2% in FY26, 210 bps above target of 56.1%

The government will have to cut its debt-to-GDP ratio by 260 basis points in the current financial year to meet the Budget Estimate of 55.6 per cent for FY27

Corrosion costs India ₹14.1 trn annually; infra, energy worst-hit: Report

A Nomura report estimates that corrosion costs India ₹14.1 trillion annually, adding that better corrosion-management practices could potentially save the economy nearly ₹5 trillion every year

Deloitte projects India's FY27 GDP growth at 6.5-6.8%, sees H2 recovery

Deloitte India on Sunday projected India's economy to grow at 6.5-6.8 per cent in the current fiscal, with growth expected to strengthen in the second half of the year supported by festive demand, monetary easing, and a gradual stabilisation in global conditions. In its latest edition of Economic Outlook report, Deloitte said India entered 2026 in a Goldilocks phase, with macroeconomic fundamentals appearing unusually well balanced, but geopolitical developments altered the global landscape with tensions in the Middle East disrupting critical shipping routes, triggering volatility in commodity prices and weakening investor sentiment. This resulted in a wider trade deficit, sustained capital outflows, and a sharp depreciation of the rupee against the US dollar within a matter of weeks. Against this backdrop, the RBI had last month lowered India's GDP growth estimates for current fiscal to 6.6 per cent, from 6.9 per cent estimated earlier. GDP grew 7.7 per cent in the previous (2025-2

Moody's sees India losing some pace as global growth slows to 2.5% in 2026

Moody's Analytics says India will remain the fastest-growing major economy in 2026 and 2027 despite losing some momentum as global growth slows amid geopolitical risks

China's GDP growth slows sharply in second quarter, misses target

China's economy slowed sharply to 4.3 per cent in the second quarter, its lowest since 2022, weighed down by stagnant domestic demand and higher energy costs linked to the US-Iran war offsetting the robust export growth. China's gross domestic product (GDP) grew 4.7 per cent year on year in the first half of 2026, generating around 69.57 trillion yuan (about USD 10.25 trillion) in output, the National Bureau of Statistics (NBS) announced on Wednesday. But the world's second-largest economy expanded by 4.3 per cent in the April-June quarter, slowing from 5 per cent growth in the first quarter, falling below China's annual growth target. The first full quarter of GDP data since the start of the US-Iran war in February marks the lowest quarterly expansion since the end of 2022, the period when China emerged from its strict Covid-19 restrictions. The GDP data came a day after official customs figures showed China's exports surged by 27 per cent year-on-year in June, underscoring the ..

16th Finance Commission urges states to boost revenues, cut spending

The commission did not recommend revenue deficit grants to states or any sector-specific or state-specific grants

Household sector debt climbs to 45.5% of GDP in Sept 2025: RBI report

The overall debt of the household sector reached 45.5 per cent of the country's gross domestic product (GDP) due to an uptick in non-housing retail loans, according to the RBI's latest Financial Stability Report (FSR). The Reserve Bank of India said the increase in household sector debt was due to rising non-housing retail loans, which constituted 58.4 per cent of total borrowings as of March 2026. Their share has increased steadily over time, consistently outpacing housing loans, agriculture and business loans. Overall, despite the rise in household borrowings, borrower profiles have continued to improve. The share of higher-rated borrowers (prime and above) has increased in terms of both outstanding amounts and the number of borrowers. This improvement is evident across both consumption and productive loans, with a growing share of prime and above borrowers in total outstanding credit, the report said. Household debt as a share of GDP has remained above its five-year average of 42

Long road to 50 as govt moves fiscal anchor from deficit to debt-GDP ratio

A lower GDP base, subsidy pressures, geopolitical shocks and future spending commitments could make the Centre's goal of reducing debt to 50 per cent of GDP by FY31 significantly more challenging

Jamie Dimon's 'middle powers', 'fantasy' remark on Europe goes viral

Dimon rejected the idea that middle powers could unite effectively to counter larger economies, pointing to Europe as an example

Digital makeover of the small & medium businesses | Expert's take

In this session of Gurugyan, Navneet Sharma, COO, ACT Enterprise talks about digital infrastructure and SMBs.

Govt may allow wider fiscal deficit to 4.8% of GDP amid Iran war: Report

India ships in about 90 per cent of ​its oil and is one of the countries most-exposed to prolonged Iran war-related ‌disruptions to global energy supplies

Manufacturing shift | Getting real about automation

In this session, Karthikeyan Natarajan, CEO, Infinite Uptime, talks about the future of manufacturing & provides career tips to the B-Schoolers.

Weekly economy wrap: RBI rate pause, GDP beat frame week of policy shifts

RBI's policy hold and India's stronger-than-expected GDP growth anchored a week marked by firm PMIs, fuel-price risks, trade talks and fresh Cabinet approvals

Centre may have overshot debt-to-GDP ratio in FY26, shows Mospi data

Lower-than-expected nominal GDP growth may have pushed the Centre's debt ratio to 57.85 per cent in FY26, making its fiscal consolidation path steeper ahead