Page 5 - Gdp Forecast

T'gana aims 8% GDP share by 2047, urges metro cities task force: CM Reddy

Telangana Chief Minister A Revanth Reddy on Saturday said his government aims to contribute 8 per cent to the country's national gross domestic product (GDP) by 2047 and proposed creating a national task force to develop six major metropolitan cities. Reddy, speaking at the 10th governing council meeting of government think tank NITI Aayog chaired by Prime Minister Narendra Modi, said Telangana was ready to lead efforts toward achieving "Viksit Bharat" (Developed India), the government's vision for the country's centenary of independence. The Congress-ruled state currently contributes about 2.5 per cent to India's GDP despite accounting for only 2.9 per cent of the population, Reddy said. "Telangana is ready to shoulder this responsibility and lead from the front in realising the national goal of Viksit Bharat 2047," he said, referring to India's target of becoming a developed nation with a USD 30-trillion economy by its independence centenary. Reddy proposed establishing a nationa

S&P Global Ratings cuts India's FY26 growth rate by 20 basis points to 6.3%

S&P cites US tariff shocks and rising global uncertainty as reasons for trimming India's FY26 growth projection to 6.3 per cent and FY27 estimate to 6.5 per cent

World Bank trims India's FY26 growth forecast to 6.3% amid uncertainty

Lowers South Asia's FY25 outlook and urges region's nations to carry out reforms and revenue mobilisation

India to remain fastest growing even as FY26 GDP forecast cut to 6.2-6.7%

Amid the ongoing tariff war and uncertainty over the US trade policy, international agencies have cut India's growth projections by up to 0.5 per cent for the current fiscal, though the country will continue to be the fastest growing major economy. India is expected to grow in the range of 6.2-6.7 per cent in the current fiscal, despite the possibility of the US economy slipping into recession, China's growth taking a heavy beating and globally, countries seeing slowing economic activity. The International Monetary Fund (IMF) and the World Bank have slashed India's growth projections for 2025-26 to 6.2 per cent and 6.3 per cent, respectively, citing uncertain global environment and high trade tensions. In January, the IMF and the World Bank had projected India to grow at 6.5 per cent and 6.7, respectively, in the current fiscal. The Indian economy is estimated to have grown 6.5 per cent in the last fiscal. As per the projections by the Reserve Bank of India, the country's economy

India amid global strain: Rate cut relief versus trade war challenges

The silver lining amid these growth concerns is the moderation in domestic inflation

Equity investors must factor in uncertainty as a permanent feature

Amid the global noise, India may well emerge as a relatively safe harbour and possibly a beneficiary in the long term as global supply chains readjust

India must watch out for GDP growth with third chance at doorstep

Having missed two chances to boost manufacturing, India can't afford to miss the third one now at its doorstep

ADB revises India's FY26 growth forecast to 6.7% amid US tariff risks

Risks could 'potentially be mitigated' by trade agreement between India and the US, it says in April outlook

RBI lowers FY26 GDP growth forecast to 6.5% on global trade uncertainties

Inflation outlook for India improves on sharp decline in food prices and record wheat and pulse production

S&P cuts India's FY26 GDP growth forecast to 6.5% amid global strains

S&P Global Ratings on Tuesday cut India's GDP growth projections to 6.5 per cent for the next fiscal as it expects that economies in the APAC region will feel the strain of rising US tariffs and pushback on globalisation. In its Economic Outlook for Asia-Pacific (APAC), S&P said despite these external strains, it expects domestic demand momentum to remain solid in most emerging-market economies. "India's GDP will grow 6.5 per cent in the fiscal year ending March 31, 2026, we expect. Our forecast is the same as the outcome for the previous fiscal year, but less than our earlier forecast of 6.7 per cent," S&P said. The forecast assumes that the upcoming monsoon season will be normal and that commodity- especially crude-- prices will be soft. Cooling food inflation, the tax benefits announced in the country's budget for the fiscal year ending March 2026, and lower borrowing costs will support discretionary consumption in India, S&P said. The global credit rating agency ...

India's GDP growth likely rebounded to around 6.4% in Q3FY25: Poll

Poll of 12 forecasters shows pickup in rural demand, govt capex

Economy projected to grow 6.4% in Q3 as govt spending increases: Icra

ICRA on Tuesday projected India's GDP to grow 6.4 per cent in the December quarter on account of enhanced government spending amid uneven consumption. The Indian economy grew at 6.7 per cent in April-June, but it slowed to a seven-quarter low of 5.4 per cent in September quarter on sluggish government capital expenditure due to general elections and weak consumption demand. ICRA Chief Economist Aditi Nayar said India's economic performance in Q3 FY2025 benefitted from a sharp ramp-up in aggregate government spending (Centre and state) on capital and revenue expenditure, high growth in services exports, a turnaround in merchandise exports, healthy output of major kharif crops etc, which would have buffered rural sentiment. Some consumer-focussed sectors saw a pick-up during the festive season, even as urban consumer sentiment dipped slightly, and other sectors such as mining and electricity saw an improvement after weather-related challenges in the previous quarter. "Overall, while

India can achieve 7% growth rate and should aspire for more: RBI Governor

RBI prioritises growth as inflation cools, cuts repo rate to 6.25% in Feb 2025 MPC meeting

Rate cut as expected; FY26 growth forecast slightly optimistic: Aditi Nayar

Looking ahead, we believe that the growth-inflation outlook suggests that there is room for another 25 bps rate cut in either the April or the June 2025 meetings

Indian economy expected to grow 6.3-6.8% in 2025-26: Economic Survey

Budget 2025: GDP projections in line with international agencies including International Monetary Fund (IMF), Asian Development Bank (ADB), and World Bank

Growing geoeconomic fragmentation can decrease global GDP by $5.7 trn: WEF

Growing geo-economic fragmentation can decrease global GDP by up to USD 5.7 trillion, giving it a bigger blow than the financial crisis of 2008 or the COVID-19 pandemic, a new study showed on Thursday. India and some other emerging economies can bear the biggest burden in the most extreme fragmentation scenario, it cautioned. Countries are increasingly using the global financial and trading systems to advance geopolitical objectives through sanctions, industrial policies, and other economic measures, the World Economic Forum said while releasing the report here during its Annual Meeting 2025. The Navigating Global Financial System Fragmentation report estimated that fragmentation resulting from statecraft policies could cost the global economy USD 0.6 trillion to USD 5.7 trillion up to 5 per cent of global GDP due to reduced trade and cross-border capital flows as well as lost economic efficiencies. It could also increase global inflation by more than 5 per cent in a very high ..

Following lower GDP outlook, Mayawati urges govt to focus on public welfare

Bahujan Samaj Party chief Mayawati on Wednesday urged the Centre to prioritise national and public welfare over "narrow politics, after the government revised downwards the GDP growth estimate for the current fiscal. Her remarks came at a time when the Indian rupee has hit a record low of 85.83 against the US dollar, and the GDP growth rate is forecast to drop to 6.4 per cent for 2024-25, the lowest in four years. "The GDP growth rate is expected to fall to 6.4 per cent. Most newspapers highlighted this as their top news today. The ones who are truly saddened by this are the country's poor and hardworking population, who, despite their tough lives, are not ready to hear any harm coming to their nation," Mayawati said in a post on X. "The poor may not have a direct connection with the falling value of rupee in the global market, yet they are unhappy about it. The government must respect their emotions, and, setting aside its 24-hour narrow politics, focus on public and national welfa

SBI lowers India's FY25 GDP growth forecast to 6.3%, below NSO's 6.4%

Despite projected growth rates of 6 per cent in first half of FY25, with a pickup to 7 per cent in the second half, SBI flags weak private investment as a concern to economic growth

Markets Today: FY25 GDP; Wall St. slips; Q3 results; Leo Dry Fruits listing

At 6:31 AM, GIFT Nifty futures indicated a subdued start, trading 72 points lower at 23,723, suggesting a negative opening for Indian bourses

FY25 GDP growth may slip to 4-yr low of 6.4%: NSO's first advance estimates

Falls short of RBI estimate; better showing in agri and manufacturing expected in H2