Page 10 - Gdp Growth

Icra retains India's FY26 GDP forecast at 6.2% despite rising global risks

Rating agency Icra on Wednesday retained its India's GDP growth forecast for fiscal 2025-26 at 6.2 per cent, assuming well-distributed monsoons and crude oil prices averaging around USD 70/barrel. However, geopolitical tensions in West Asia, volatility in financial markets, and uncertain trade policies pose downside risks to this growth outlook, which have intensified, Icra said in its Macro Update June 2025. Reserve Bank has projected the GDP growth at 6.5 per cent. "Economic activity has displayed a mixed trend in the first two months of FY2026, with only nine of the 17 non-agri indicators showing an improvement over Q4 FY2025, even as the output of summer crops is estimated to grow at a healthy pace," the report said. The early onset of monsoons in May 2025 partly weighed upon the performance of the electricity and mining sectors. It also said the prospects for urban consumption remain bright owing to the income tax relief, rate cuts and softening food inflation. However, glob

GDP base revision could be done more frequently in future: Rao Inderjit

MoSPI is examining the feasibility of salvaging the data of 7th Economic Census in consultation with states/UTs

Waller sees room for Fed to cut rates amid easing inflation concerns

Waller said economic data show GDP growth and inflation are running close to the central bank's targets

Indian equities to outperform despite near-term risks: Standard Chartered

While acknowledging that valuations appear stretched, Standard Chartered noted that Nifty's 12-month forward P/E ratio of 20.6x is above its long-term average of 18.2x but still below recent peaks.

Monetary policy: Innovative, out of box, and 'Lucas unanticipated surprise'

After pandemic, this is the first time RBI has reduced policy repo rate by 50 bps to 5.5%

CRR cut surprised mkts; RBI may await data before next rate move: Analysts

The policy, according to U R Bhat, co-founder & director, Alphaniti Fintech shows the RBI's confidence in inflation and other macro variables

RBI Policy: Full of surprises, dovish on growth, neutral on further cuts

With inflation expected to rise back to above 4 per cent by Q4-FY26, the Monetary Policy Committee has capitalised upon the available headroom to frontload rate action

FY25 GDP growth a tale of two halves as economy withstands global shocks

Given benign inflation outlook and growth still lower than potential, MPC should continue on reducing policy rate by another 50 bps

India's growth momentum to continue in Q1 of FY26: CEA Nageswaran

CEA Nageswaran says India may grow 6.3-6.8% in FY26, led by consumption and services exports, with momentum from Q4FY25 continuing into Q1FY26

India fastest-growing economy for fourth year running: FM Sitharaman

FM highlights 7.4% Q4 GDP growth driven by industry, services and agri; calls for faith in India's abilities and urges reforms to eliminate corruption and ease regulation

India's GDP grows at 7.4% in Q4 FY25; full-year growth estimated at 6.5%

RBI had pegged the fourth quarter's GDP growth at 7.2%, and FY25 at 6.6%

India's GDP growth likely accelerated in Q4 on rural demand, state spending

Rural consumption improved during the quarter, while urban demand indicators remained mixed

India becomes 4th largest economy: What's driving this growth?

India has become the 4th largest economy in the world, overtaking Japan, NITI Aayog has reported, citing IMF data.

India GDP growth likely picked up in Q4 on strong rural spending: Poll

Without stronger domestic demand, GDP growth will continue to rely heavily on government spending, as it has for years

To revive manufacturing, India must focus on strengthening six key pillars

Despite its large economic size, India has struggled to integrate into manufacturing global value chains (GVCs), unlike many of its Asian peers

Statsguru: India's GDP growth may miss govt estimate; IIP data fuels doubt

The government's final consumption expenditure provided a temporary lift to the economy in Q2FY24 but it has since faded sharply, even registering a decline in Q1FY25

India may benefit from trade protectionism: S&P Global India Research

Report highlights India's growth potential through manufacturing reshoring and energy security amid global trade uncertainty and protectionist policies

Icra projects India's Q4 growth at 6.9%, FY25 GDP expansion at 6.3%

ICRA on Monday projected India's GDP growth at 6.9 per cent in the quarter ended March 31, and at 6.3 per cent for the full 2024-25 fiscal, undershooting the the National Statistics Office (NSO) estimates made in February. In February, the NSO had projected the Indian economy to grow at 6.5 per cent in 2024-25. With economic growth in June, September and December quarter at 6.5 per cent, 5.6 per cent and 6.2 per cent respectively. To achieve the NSO's projected 6.5 per cent growth in FY25, the GDP growth in Q4 or March quarter should be 7.6 per cent. The NSO is scheduled to release the provisional estimates of FY'25 GDP and quarterly estimates for Q4 on May 31. ICRA in its note said it projected the year-on-year (YoY) expansion of the GDP to rise to 6.9 per cent in Q4 FY 2025, from 6.2 per cent in Q3 FY2025, significantly undershooting the NSO implicit estimate of 7.6 per cent for the quarter. Unless there are material revisions in the data for Q1-Q3 FY2025, ICRA projects a sharp

UN cuts India's 2025 GDP growth forecast to 6.3%, sees strong momentum

India's economic growth forecast for 2025 has been revised downward to 6.3 per cent, and despite a projected moderation, the country remains one of the fastest-growing large economies, supported by resilient consumption and government spending, the United Nations has said. The UN on Thursday launched a report titled 'The World Economic Situation and Prospects as of mid-2025'. India remains one of the fastest growing large economies, driven by strong private consumption and public investment, even as growth projections have been lowered to 6.3 per cent in 2025, Ingo Pitterle, Senior Economic Affairs Officer, Global Economic Monitoring Branch, Economic Analysis and Policy Division, UN Department of Economic and Social Affairs (DESA), said at a press briefing here. The report said the global economy is at a precarious juncture, marked by heightened trade tensions and elevated policy uncertainty. The recent surge in tariffsdriving the effective US tariff rate up steeplythreatens to rais

Three RBI rate cuts likely from June as inflation dips below 4% target

With inflation staying under RBI's 4% target for two months, economists expect three back-to-back repo rate cuts, starting with a 25 bps reduction in June