Page 4 - India Gdp

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

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

S&P cuts India's FY26 GDP growth forecast to 6.5% amid global strains

S&P Global Ratings on Tuesday cut India's GDP growth projections to 6.5 per cent for the next fiscal as it expects that economies in the APAC region will feel the strain of rising US tariffs and pushback on globalisation. In its Economic Outlook for Asia-Pacific (APAC), S&P said despite these external strains, it expects domestic demand momentum to remain solid in most emerging-market economies. "India's GDP will grow 6.5 per cent in the fiscal year ending March 31, 2026, we expect. Our forecast is the same as the outcome for the previous fiscal year, but less than our earlier forecast of 6.7 per cent," S&P said. The forecast assumes that the upcoming monsoon season will be normal and that commodity- especially crude-- prices will be soft. Cooling food inflation, the tax benefits announced in the country's budget for the fiscal year ending March 2026, and lower borrowing costs will support discretionary consumption in India, S&P said. The global credit rating agency ...

Nandan Nilekani's 4 tips for India's economy to hit $8 trn mark by 2035

Outlining key factors for India's economic expansion, Nilekani spoke about the necessary "Big Unlocks" required to accelerate the country's growth rate from 6 per cent to 8 per cent

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

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

Reciprocal tariffs: India, Thailand most impacted in Asia, says Nomura

On Wednesday, US president Donald Trump reiterated his stance to impose reciprocal tariffs on counties, including India from April 02, 2025, during his address to the Congress

Maharashtra preferred FDI destination, contributes 14% to GDP, says Guv

Maharashtra Governor CP Radhakrishnan on Monday said the state is a preferred destination for foreign direct investment (FDI) and contributes more than 14 per cent to the country's gross domestic product (GDP). The governor, addressing the joint session of the state legislature on the first day of the budget session, asserted that Maharashtra was one of the leading industrial states in the country. He said the state government has signed memoranda of understanding (MoUs) worth approximately Rs 15.72 lakh crore with 63 national and international companies during the World Economic Forum in Davos, Switzerland, in January, and these investments will generate more than 15 lakh employment opportunities. Radhakrishnan said the state government is committed to resolving the Maharashtra-Karnataka border dispute and has appointed expert advocates to represent Maharashtra before the Supreme Court. "Maharashtra is a preferred destination for FDI and contributes more than 14 per cent to the ..

BS Manthan: A thought-provoking day-1 of insights on economy, policies

Experts discuss India's growth, global trade shifts, climate action, EVs, defence, and more

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.

India's GDP growth likely rebounded to around 6.4% in Q3FY25: Poll

Poll of 12 forecasters shows pickup in rural demand, govt capex

At $3.8 trillion, India's top 500 pvt cos value more than the country's GDP

NSE, Bharti Airtel storm into top 10 for the first time in Axis Bank's Burgundy Private and Hurun India list; Motilal Oswal Financial Services was the fastest-growing company, the report suggests.

Beer industry brought in Rs 92,324 cr to GDP in 2023: Brewers association

The Indian beer industry contributed Rs 92,324 crore (USD 10.6 billion) to the country's economy in 2023, which represented 0.3 per cent of the national GDP, said Brewers Association of India citing a study conducted by Oxford Economics. This is part of the Rs 76.45 lakh crore (USD 878 billion) poured into the global GDP by the beer industry globally, according to the report. Brewers' direct contribution in India stood at Rs 40,050 crore (USD 4.6 billion) and over Rs 52,239 crore (USD 6 billion) by the downstream value chain. The beer industry also supported public finances as the sector contributed Rs 51,376 crore (USD 5.9 billion) in tax revenues through excise, sales taxes, other taxes, and the taxes paid by the downstream value chain. "This is 1.8 per cent of the government tax revenues," the statement said. Besides, the beer industry supported 0.3 per cent of national employment. It generated 13 lakh jobs, of which 5.4 lakh jobs were directly by the brewers, while 7.8 lakh we

Budget 2025: Fiscal consolidation efforts may pull govt bond yields down

RBI's six-member rate setting panel will announce the review of the policy on Friday, 7 February

Epochal Budget to Dream Budget: 5 speeches that left an indelible mark

Since the independence of India, several finance ministers have presented Budgets that determined the course of the country's progress. Here are the five Budgets that left an indelible mark on economy

India needs fiscal policy changes for 6.4% GDP growth rate in 2025: Moody's

India needs to change its fiscal and monetary policy to achieve a 6.4 per cent GDP growth in 2025 amid a weak rupee, declining foreign investment and volatile inflation, Moody's Analytics said on Wednesday. Moody's Analytics said it expects the 2025-26 Union Budget to support domestic demand, particularly investment while aiming for a fiscal deficit of less than 4.5 per cent of GDP for the next fiscal. In 2023-24, the fiscal deficit was 5.6 per cent of GDP, which is estimated to come down to 4.9 per cent in the current fiscal. "India is facing a bumpy road in 2025. A weakening rupee, declining foreign investment, and volatile inflation are the areas of greatest economic risk. Changes in fiscal and monetary policy, likely in the first half of the year, is needed if India is to achieve 6.4 per cent growth," Moody's Analytics Associate Economist Aditi Raman said. Moody's said that while India had one of the fastest-growing economies in Asia in 2024, GDP growth waned over the first thr