Page 7 - Gdp

S&P cuts India's FY26 GDP forecast to 6.3% over US tariff uncertainty

S&P Global Ratings on Friday cut India's growth projections by 0.2 percentage points to 6.3 per cent for the current fiscal year citing uncertainty over the US tariff policy and downside risks from its spillover to the economy. In its report titled "Global Macro Update: Seismic Shift In US Trade Policy Will Slow World Growth", S&P Global Ratings said "we reiterate that there are no winners in a scenario of escalating protectionist policies." S&P said among Asia-Pacific's major economies, China is expected to see its growth drop by 0.7 percentage points in 2025 to 3.5 per cent and in 2026 to 3 per cent. S&P projected India's GDP growth to be 6.3 per cent in 2025-26 and 6.5 per cent in 2026-27 fiscal year. In March, S&P had lowered the FY'26 GDP growth forecast to 6.5 per cent, from 6.7 per cent. "The risks to our baseline remain firmly on the downside in the form of a stronger-than-anticipated spillover from the tariff shock to the real economy. The longer-term ...

Decoding state growth: Focus on boosting existing economic centres

Strengthening existing economic centres, rather than building greenfield cities, is key to faster state-level growth

Breaking out of the 6% GDP growth trap: A roadmap to 8% and beyond

In the past 25 years, India's growth rate has been stuck around 6 per cent except the period 2006-10, when India briefly reached 8 per cent

Lucknow-Kanpur corridor key to Uttar Pradesh's $1 trillion economy target

UPSIDA will facilitate big-ticket investments and "ribbon development" in Ex-LIDA

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

Andhra CM Naidu urges 50% share in central taxes from 16th Fin Commission

Andhra Pradesh Chief Minister N Chandrababu Naidu on Wednesday appealed to the Sixteenth Finance Commission to raise the vertical devolution of central taxes from the existing 41 per cent to 50 per cent, besides support in rebuilding the state through special financial assistance. Naidu's appeal assumes significance as the TDP, which the AP CM heads, is a key ally in the BJP-led NDA government at the Centre. The support of TDP's 16 Lok Sabha members is crucial to Prime Minister Narendra Modi's government. "Increase the vertical devolution share from 41 per cent to 50 per cent. Address the decline in horizontal devolution to southern statesfrom 24.3 per cent (10th Finance Commission) to 15.8 per cent (15th Finance Commission)," an official release quoted Naidu as requesting the commission. Andhra Pradesh's share in horizontal devolution is below its share in the national GDP and population, causing a "fiscal disadvantage", claimed Naidu. The Sixteenth Finance Commission, headed by .

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

Reducing GDP discrepancies: India needs radical improvements in estimation

Using GST data could help correct inflated real growth figures

India needs planned deregulation to reduce government size, expenditure

The combined expenditure of the Centre and state governments increased hugely in 1980s-by almost 10% of gross domestic product (GDP) to 27 per cent of GDP by 1991, and has remained high since then

India's current account deficit widens to 1.1% of GDP in Q3 FY25

BoP witnesses depletion of $37.7 billion

Himachal's Budget strained by high committed spending: Indi-Ra report

Himachal Pradesh's revenue deficit is expected to be around 30 basis points higher than the budgeted 2.5% of gross state domestic product (GSDP) in FY26

Southern states reject population formula, seek GDP-based representation

Southern states reject population-based formula, demand GDP-based representation and legal safeguards against unfair redistribution. Archis Mohan writes

Parl panel calls for coordinated approach to reduce debt to GDP ratio

The Standing Committee urged the DEA to revisit the existing practice of allocating funds that are not directly related to the department - such as allocations for new schemes that are not finalised

Employees' salaries grew at 11% CAGR in 10 years: FM Nirmala Sitharaman

FM Sitharaman says factors of production being reset after pandemic

Tamil Nadu's Economic Survey: State eyes over 8% growth amid challenges

Tamil Nadu is projected to grow over 8% in 2024-25, driven by policy reforms, infrastructure development, and economic diversification

Speed of digital penetration at individual level needs to be stepped up

The State of India's Digital Economy Report 2025 says that India is the third largest digitised country in the world at an aggregate level

Waiting for better statistics: GDP data revisions highlight deeper issues

Statisticians across the spectrum welcomed this decision, though questions remained about why the timeline for releasing a given year's GDP data and the number of revisions couldn't be reduced further

Datanomics: India needs to innovate, cut debt to become developed by 2047

From 2020-21 to 2024-25 (2020-2024 in case of the rest of the world), India's economic growth slowed to 5.4 per cent but was higher than any other major country including China

Statsguru: A shift from bank deposits to real estate and securities

It is high time to assess the preference of Indian households towards different investment streams as Trumponomics affects their valuation

More than a language debate: NEP needs to focus on funds, quality

Among the five states that allocate the highest proportion of their total expenditure to education, Bihar and Rajasthan stand out