Gdp Growth

Improve speed of doing business, says CII's president R Mukundan

CII has asked the govt to implement reform measures across sectors to boost "speed of doing business" as the industry is bothered about bottlenecks in multi-modal infra and high power costs, he said

Weak monsoon may cloud growth-inflation dynamics: RBI's June Bulletin

Recent policy measures likely to push up sovereign debt demand

Higher oil and gas costs may dent GDP growth, squeeze margins: Crisil

Ratings agency says higher oil and gas costs could moderate growth, squeeze margins and push GDP expansion lower in FY27

India's GDP growth to slow to 6.6% in FY27 amid global headwinds: BMI

India's GDP is likely to grow at 6.6 per cent in the current fiscal as compared to 7.7 per cent in FY26, on weaker investments and consumption growth and trade shocks from the West Asia crisis, BMI, a Fitch group company, said. According to government data released last week, GDP growth in FY26 accelerated to 7.7 per cent from 7.1 per cent in FY25, supported by healthy consumption and robust investment activity. BMI expects the rupee to trade in the range of 95.1 against the US dollar this calender year. It said the rupee's depreciation from its 87 average level in 2025 will support export competitiveness, offsetting the drag on GDP from the Iran conflict's terms-of-trade shock. The GST reforms implemented in September 2025 caused a consumption boom in December quarter FY26. Thereafter, consumption growth fell by 1.1 percentage points to 7.1 per cent y-o-y in March quarter FY26. "Looking ahead, we continue to expect 6.6 per cent GDP growth in FY2026/27. Our projection represents a

GDP growth momentum intact, no immediate need for borrowing: Govt officials

The Indian economy is facing headwinds from external sectors with rising fuel and fertiliser import bills due to West Asia crisis, but GDP growth momentum remains intact with domestic consumption holding up, government sources said on Tuesday. Sources said the FY27 Budget had taken into cognisance the uncertainties in the global economy around tariffs, and the government do not immediately need to account for additional borrowing or bring in supplementary demands for grants in the upcoming monsoon session of Parliament. On the fiscal deficit front, sources said the budgeted target of 4.3 per cent of GDP is still intact, and the government is actively tapping its non-tax revenue areas like disinvestment and asset monetisation in the current fiscal. "DIPAM and DPE have a year-long pipeline and also a medium-term outlook of disinvestment and asset monetisation. I would hope the budgeted Rs 80,000 crore under this head exceeds BE and both the departments are working on it," a source sai

Fitch cuts India's FY27 GDP forecast to 6.4%, warns of US-Iran war impact

Fitch Ratings on Tuesday lowered its GDP growth projections for the current fiscal to 6.4 per cent from the earlier estimate of 6.7 per cent, saying that the US-Iran war will slow down the economy in the September and December quarters. Fitch said it expects a slowdown in economic growth in FY27 from the 7.4 per cent clocked in FY26 as rising prices erode real incomes and dampen consumer spending, amid a resilient capital expenditure. "We expect GDP growth to ease to 6.4 per cent in FY27, a downward revision of 0.3pp from March. Domestic demand will be the main driver of growth, but lower imports in real terms imply positive contributions to growth from net external demand," Fitch Ratings said in its June Global Economic Outlook. Last week, the RBI had cut its growth forecast for the current fiscal to 6.6 per cent and upped its inflation projection to 5.1 per cent. The rating agency said the slowdown in the economy will be most apparent in the second and third quarter of FY27, as

Brics driving global growth, intra-bloc trade tops $1 trillion: Putin

Putin noted that Brics now contributes around 40 per cent of global GDP in purchasing power parity terms

A growth surprise: Healthy Q4 GDP print lends cushion amid hazy outlook

India's economy grew 7.8% in Q4 FY26, beating forecasts, but risks from the West Asia crisis, higher oil prices and a weak monsoon cloud the outlook

India remains world's fastest-growing major economy: Rajnath Singh

Defence Minister Rajnath Singh on Saturday said that at a time when many countries are facing economic uncertainty, India continues to stand out as the "world's fastest-growing major economy". In a post on X, Rajnath Singh said, "India's economy grew by 7.7 per cent in FY 2025-26, with growth accelerating to 7.8 per cent in the fourth quarter, underscoring its resilience and underlying strength built over the last 12 years through the mantra of Reform, Perform and Transform ." He said, "At a time when many countries are facing economic uncertainty, India continues to stand out as the world's fastest-growing major economy." Singh also said that under the leadership of Prime Minister Narendra Modi, India has combined economic growth with stability, confidence, sustainability and credibility. "His unwavering commitment to nation-building, focus on innovation, infrastructure, and entrepreneurship, and ability to steer the country through unprecedented global challenges have transformed

Monetary policy: Reserve Bank of India opens window for dollar inflow

RBI has unveiled a five-pronged plan to attract foreign capital, boost dollar inflows, ease banking liquidity pressures and support the rupee

RBI MPC strikes caution with growth cut, inflation risk: Sumeet Bagadia

The MPC's approach is data-dependent and cautiously hawkish: it acknowledges weaker growth, flags higher inflationary risks, and keeps policy unchanged for now to watch how the trade-off evolves.

RBI deems monsoon major domestic risk: Key takeaways from June MPC decision

Keeping rates on hold, the RBI flagged concerns over fuel-led inflation, supply-chain disruptions and a weak monsoon while projecting GDP growth of 6.6 per cent for FY27

Emkay raises FY27 Brent crude forecast to $90/bbl, cuts GDP outlook to 6.3%

Emkay Global has raised FY27 Brent crude oil price forecast to $90 per barrel citing West Asia tensions and inventory depletion. It has cut India's GDP growth outlook to 6.3 per cent

India may overtake China in share of global GDP in PPP terms by 2060

A World Inequality Lab study suggests India could surpass China in share of global GDP in PPP terms by around 2060 under a convergence scenario

Tax rebates: FY26 provisional expenditure, revenue show need for a rethink

The provisional expenditure and revenue numbers for 2025-26 underline the need for reviewing tax rebates

West Asia conflict fallout: India's GDP growth likely slowed in Q4

India's economic growth likely moderated in the March quarter as supply-chain disruptions and weaker high-frequency indicators tempered momentum, though overall activity remained resilient

West Asia crisis may cost India ₹2.1 trillion: Bank of Baroda economists

Bank of Baroda economists warn rising oil prices and subsidy burden may widen fiscal deficit and weigh on India's growth outlook in FY27

RBI likely to hold repo rate at 5.25% through FY27: India Ratings

India Ratings projects GDP growth at 6.7% and inflation at 4.4%, warning that higher crude prices and West Asia tensions may pressure growth and trade deficit

Assam, UP and Meghalaya India's fastest-growing states, says study

Smaller and mid-sized states are emerging as India's fastest-growing economies, signalling a broader and more balanced growth story beyond traditional industrial hubs

Japan's economy expands at 2.1% annual pace, boosted by consumer spending

The Japanese economy grew at an annualised rate of 2.1% in the January-March quarter, the government said Tuesday, showing its resilience despite rising energy prices because of the war in Iran. Japan's real gross domestic product, or GDP, the sum value of a nation's goods and services, grew at a seasonally adjusted 0.5% from the previous quarter. It was the second straight quarter of growth. The annualised number shows what the growth, or contraction, would have been if the quarterly rate continued for a year. Increased spending by consumers and businesses helped contribute to the stronger than expected results. Higher government spending also supported the expansion. Private consumption rose 0.3% quarter-on-quarter, or at an annualised rate of 1.1%, according to the preliminary data from the Cabinet Office. Public demand rose 0.3% from the previous quarter. Japan's economy contracted in July-September last year, then eked out moderate growth in October-December of 0.2% on-quarter