Page 6 - India Gdp Growth

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's growth outlook is optimistic amid global concerns; see 50bps more cut

We expect the GDP growth to print at 6.2 per cent in FY26, marginally below the 6.3 per cent projected by us for FY25, said Aditi Nayar of Icra

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

US reciprocal tariff may erode India's GDP by up to 50 bps, say experts

The reciprocal tariff announced by the Trump administration can shave off India's GDP growth rate by up to 50 basis points to 6 per cent and the country's exports to the US could fall by 2-3 percentage points in the current fiscal, experts said on Thursday. EY Chief Policy Advisor D K Srivastava said, "the maximum adverse impact on India's GDP growth will not be higher than 50 basis points. As per our earlier projection, the GDP growth estimate for current fiscal was 6.5 per cent, which may go down to 6 per cent without retaliation". Standard Chartered Bank Head - India, Economics Research, Anubhuti Sahay said an effective 20 per cent tariff increase on Indian exports to the US ( after considering the exempted goods) in our view is likely to adversely impact India's GDP by 35-40 bps, ceteris paribus. "However, the final impact would depend on the trade deal agreement between India and the US along with how each country negotiates/ retaliates on the proposed tariffs," Sahay said. Sh

India's GDP growth projected at 6.4% for FY25, 6.5% for FY26: EY report

The Indian economy is likely to grow at 6.5 per cent in the fiscal year starting April 1, EY Economy Watch said, emphasising that a well-calibrated fiscal strategy that supports human capital development while maintaining fiscal prudence could significantly enhance long-term growth prospects. The March edition of EY Economy Watch projects India's real GDP growth at 6.4 per cent in FY25 (April 2024 to March 2025 fiscal year). For the next, it projects 6.5 per cent growth, highlighting the need to realign fiscal policy to support the country's journey toward Viksit Bharat. According to revised national accounts data released by NSO last month, real GDP growth rates for FY23 to FY25 are now estimated at 7.6 per cent, 9.2 per cent and 6.5 per cent. With respect to quarterly growth rates for FY25, the third quarter growth is estimated at 6.2 per cent implying a required growth of 7.6 per cent in the fourth quarter to deliver an annual GDP growth of 6.5 per cent estimated by NSO. "A 7.6

Markets Today: FIIs; Wall St; Trump tariffs; Active Infra, Rapid Fleet IPOs

In the previous session, Sensex ended at 78,017.19, up 32.81 points or 0.04 per cent. Nifty50 closed at 23,668.65, up 10.30 points or 0.04 per cent

Markets Today: GIFT Nifty; Wall St bleeds; Japan GDP; IndusInd Bk; NAPS IPO

FIIs net sold shares worth Rs 485.41 crore, while DIIs net bought shares worth Rs 263.51 crore, on March 10

Markets Today: February Mfg PMI, Q3 GDP, FIIs, Trump tariffs, Beezaasan IPO

As of 6:40 AM, GIFT Nifty Futures were up 79 points at 22,359, hinting at a higher start

India's GDP growth picks up to 6.2% in Q3; FY25 projection now 6.5%

Data released by the Ministry of Statistics and Programme Implementation (Mospi) on Friday showed the economy is expected to grow at 6.5 per cent in FY25, marginally higher than the 6.4 per cent proje

Markets Today: GIFT Nifty; Trump tariffs; Q3 GDP; Swasth, HP Telecom IPOs

Stock Market Today: At 6:50 AM, GIFT Nifty Futures were down 148 points at 22,536, hinting at a gap-down start

Worst over for India's economy, Q3 GDP growth seen at 6.2%: Deutsche Bank

The worst seems to be over for the Indian economy's growth trajectory, a German brokerage said on Thursday. GDP growth, which had slipped to a seven-quarter-low of 5.4 per cent in the September quarter leading to a lot of concerns over the economy's strength, is likely to rise to 6.2 per cent in the December quarter, the report by Deutsche Bank said. "We think the worst is over as far as India's growth trajectory is concerned but, even with the improvement of momentum, overall GDP growth is likely to remain below the potential growth rate of 7 per cent in FY26," the bank's analysts said. In the report which comes a day ahead of the release of official data on economic performance, the analysts also said that we have to be cautious about the forecasts as there can also be a revision in previous years' data. The brokerage added that its leading indicator derived from 65 high-frequency indicators is also pointing towards a 6.2 per cent growth. The Reserve Bank is likely to deliver ..

India's GDP growth likely rebounded to 6.3% in Q3 on govt spending: Survey

Curb in infra spending due to elections dragged growth down to 5.4 per cent in July-September, well below the 8.2 per cent average last fiscal year

'India to become high-income nation by 2047 on back of services sector'

India is set to become a high-income country by 2047 with a projected GDP of USD 23 trillion to USD 35 trillion, buoyed by the services sector, a report has said. By 2047, the services sector is projected to make up 60 per cent of India's GDP, while manufacturing will account for 32 per cent, both becoming crucial drivers of economic growth, the report by Bain & Company and nasscom said. "With nearly 200 million individuals expected to enter the workforce in the coming decades, India has a unique opportunity to drive high-value job creation and unlock significant economic potential," the report said. A sectoral technology roadmap could play a pivotal role in enabling this transformation, it noted. Advances in Al-driven chip design, touchless manufacturing, and backward integration into component manufacturing and design could enhance cost competitiveness and innovation, driving the sector's export share from 24 per cent to 45 per cent-50 per cent by 2047 and its GDP contribution ..

India's GDP growth rate to slow to 6.4% in 2025: Moody's Analytics

Moody's Analytics on Thursday said India's growth will slow to 6.4 per cent in 2025, from 6.6 per cent in 2024, as new US tariffs and softening global demand weigh on exports. In its report titled 'Asia-Pacific Outlook: Chaos Ahead', Moody's Analytics said growth across the Asia-Pacific economy will slow in 2025 as trade tensions, policy shifts, and uneven recoveries knock the region's fortunes. "Growth across the region will slow as new tariffs and softening global demand weigh on exports," it said. It projected Chinese GDP growth slowing to 4.2 per cent in 2025 and 3.9 per cent in 2026 from 5 per cent in 2024. Growth in India will creep into the low-6 per cent range in the coming years from 6.6 per cent in 2024. As per its APAC forecast, India's GDP is expected to grow 6.4 per cent both in 2025 and 2026 fiscal years.

GDP growth during current fiscal estimated to be 6.3%: SBI research

The State Bank of India (SBI), in its research, has estimated GDP growth during the current financial year (2024-25) to be 6.3 per cent, assuming that the NSO does not make major revisions to the erstwhile first and second quarter estimates. The report said that leveraging 36 high-frequency indicators, the estimated GDP growth for the third quarter of the current financial year should be between 6.2 per cent and 6.3 per cent. According to the National Statistics Office (NSO), the real and nominal GDP growth rates for 2024-25 are projected at 6.4 per cent and 9.7 per cent, respectively. The report said that a healthy rural economy is reinforcing stability and sustains momentum in other sectors. The slowdown in the current household inflation expectations encourages higher discretionary spending and drives demand-led growth, the report said. Capital expenditure is showing improvement in the third quarter of the current financial year, the report said. The slowdown in the third quar

India fastest growing economy, inflation under control, says Vaishnaw

Earlier on Tuesday, in a significant boost to India's semiconductor ambitions, Union Minister Ashwini Vaishnaw informed about a major investment of over Rs 10,000 crore in India from Lam Research

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

Economic Survey 2025 suggests deregulation as a trigger for higher growth

We broadly concur with the Survey's assessment of a pick-up in rural demand on the back of improved crop output, disinflation, and an uptick in domestic investment activity

Economic Survey 2024-25: Key highlights and challenges the CEA presents

India's economy is expected to grow between 6.3 per cent and 6.8 per cent in FY26. Chief Economic Adviser believes India is on a steady growth path while globalisation is slowing down