Page 3 - Gdp Growth

Economy has weathered global headwinds, GDP to be near 7% in FY26: CEA

Chief Economic Advisor V Anantha Nageswaran on Wednesday said the Indian economy has responded quite satisfactorily to global headwinds, and exuded confidence that real GDP growth is likely to touch 7 per cent in FY26. Speaking at the India Maritime Week here, Nageswaran said three global rating agencies have recently upgraded their ratings on India, and if the country continues on the same track, India can "soon" break into the 'A' rating category. The academic-turned-policy advisor said the resilience shown by the economy, coupled with measures by the government and the Reserve Bank of India (RBI), places the Indian economy in a "comfortable position". "We should be quite satisfied with the way the Indian economy has responded to global uncertainties this year, and the tariff-related developments as well," he said. The policy measures, including relief in income tax and the recent GST rationalization "have combined to improve the economic growth prospects for this year to near or

Indian economy likely to grow faster than expected 6.6% in FY26: Poll

While a punitive 50 per cent tariff levied by the US on Indian goods is still in place, recent comments from Washington and New Delhi have raised optimism it will be reduced

The new 'China Shock' threatens developing economies, not the West

If China truly aspires to global leadership, it must vacate the low-skill manufacturing space in favour of developing countries

6.5% growth rate means India stuck in lower-middle income trap: Chidambaram

He further said that India's Gross National Income (GNI) per capita of $2,650 needs to double for it to get around the low-middle income group

IMF raises India's FY26 GDP growth forecast by 20 basis points to 6.6%

India, the World Bank said, is expected to remain the world's fastest-growing major economy, underpinned by continued strength in consumption growth

Explained: How digital payments are fuelling India's economic growth

Govt plans to introduce biometric authentication for UPI payments, but what exactly is a digital payment system and why is it important for the Indian economy?

India's urban crisis demands urgent and coordinated city governance

From clogged drains to toxic air, India's cities face rising threats. Smarter planning and citizen engagement are key to recovery

Slightly slower but India's GDP growth likely stayed strong in Q2

A favourable base effect and low deflator growth which boosted the headline figure in Q1 is likely to have continued in Q2 - though less pronounced

Unlocking 8% GDP growth: Why India must embrace global debt capital markets

The real question is no longer whether India can afford to rely on foreign capital, but whether it can afford not to

MPC outcome: RBI keeps repo rate unchanged at 5.5%, revises real GDP forecast to 6.8%

The Reserve Bank of India's (RBI's) Monetary Policy Committee (MPC) on Wednesday kept the repo rate unchanged at 5.5 per cent and maintained the policy stance at 'neutral', Governor Sanjay Malhotra an

ADB lowers FY27 India growth forecast to 6.5% citing US tariff impact

The Asian Development Bank lowered India's FY26 growth projection to 6.5% from 6.7%, citing steep US tariffs that could hit exports, manufacturing and investment in key sectors

EY raises India's GDP forecast to 6.7%; recommends diversifying markets

The 7.8 per cent GDP growth in the June quarter outperformed the Reserve Bank of India's expectation of 6.5 per cent growth during the August monetary policy meeting

MPC should wait for more clarity on inflation before deciding on rate cuts

With GST cuts fuelling festive demand and growth holding strong, the RBI's MPC is likely to stay cautious on rate cuts as it weighs inflation risks and uncertain global trade headwinds

Rate cut could be a close call as RBI eyes lower CPI, steady growth view

RBI will pare CPI inflation projection again, but might not change growth estimate for now; dovish undertone likely

US tariffs on Indian goods pose major growth risks: Crisil Intelligence

High tariffs imposed by the United States on Indian goods pose a major risk to the country's growth, Crisil Intelligence said in its September report. The tariffs will impact both Indian goods exports and investments, the report added. However, domestic consumption, driven by benign inflation and rate cuts, is expected to support growth, it said. The country's GDP rose to a five-quarter high of 7.8 per cent in the first quarter of fiscal 2025-26, up from 7.4 per cent in the similar quarter in the previous year. Nominal GDP growth, however, slowed to 8.8 per cent from 10.8 per cent during the same period, it added. The report said consumer price index (CPI) inflation is likely to soften to 3.5 per cent in the current fiscal from 4.6 per cent in the previous year. Healthy agricultural growth is expected to keep food inflation under check, though the impact of excess rain was yet to be fully assessed. Lower crude prices and benign global commodity prices are expected to contain non

India's resilience stands out amid global uncertainty: FM Sitharaman

Finance Minister Nirmala Sitharaman says India's resilience is built on strong fundamentals, reforms and governance, urging banks to maintain robust balance sheets and consumer trust

S&P Global retains India's GDP forecast at 6.5%, revises inflation downward

The report added that low inflation provides room for further monetary policy adjustments, with S&P expecting a 25-basis-point (bps) rate cut by the Reserve Bank of India in FY26

Fitch ups India FY26 GDP forecast to 6.9% from 6.5% on domestic demand

Global growth is now forecast to be 2.4 per cent in 2025, up 0.2 percentage points (pp) since June but a sizable slowdown from 2.9 per cent last year and below trend

Power puzzles in GDP: Energy consumption falls despite growth numbers

At first glance, the GDP data would seem overstated. Power consumption, which is metered, correlates closely with economic activity and is likely to be more accurate than GDP calculations

Corporate sector revenues continue to trail India's robust GDP growth

Nominal GDP uses current market prices while real GDP takes constant prices from a base year to adjust for implied inflation in the economy called GDP deflator