RBI's six-member rate setting panel will announce the review of the policy on Friday, 7 February
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 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
India has lower govt revenues than peers
The deceleration is underpinned by a long-term moderation in credit growth, foreign direct investment, export competitiveness and earnings potential, UBS said
Nomura Nifty target: Nomura suggests investors stay highly "selective" and bet on stocks and/or sectors with relative valuation comfort
Real GDP growth will come lower than the official estimate at 6.2 per cent in the ongoing fiscal year and inch up to 6.5 per cent in FY26, a foreign brokerage said on Tuesday. The Q2FY25 growth number at 5.4 per cent was disappointing, HSBC said in a report, adding that it expects the gross value added growth in the December quarter to go up to 6.5 per cent. "Our 100 indicators analysis shows that growth indicators have improved since September, but remain weaker than June," the report said. It said 65 per cent of the indicators are growing at a positive clip in the December quarter compared to 55 per cent in the July-September period, and added that improvements have been the clearest in agriculture, exports, and construction. Even urban consumption, which has been discussed a lot in recent weeks in a concerning way, has shown some improvement in the December quarter, the report said. The brokerage said utilities and private investment indicators continue to remain subdued, and .
Economic Survey had projected a GDP growth of 6.5% to 7%. This was later revised to 6.5% by the finance ministry in November 2024
Early signs indicate a positive opening for the markets. At 6:37 AM, GIFT Nifty futures were trading 51 points higher at 23,772, pointing to a higher start for the bourses
Industry must invest in technology and international sales, economic policy must focus on structural change and productivity, and politics on ideas
Indian economy is likely to grow at 6.5-6.8 per cent this fiscal and slightly higher between 6.7-7.3 per cent in FY2026, boosted by domestic consumption, Deloitte said on Sunday. Deloitte India Economist Rumki Majumdar said the growth in the first half of the fiscal year 2025 turned out to be slower than estimated as election uncertainties followed by disruptions in activity due to heavy rainfall and geopolitical events weighed on domestic demand and exports. However, India continues to show resilience in certain pockets that are worth noting -- be it in consumption trends, services growth, the rising share of high-value manufacturing in exports, or the capital market. The government's continued focus on infrastructure development, digitisation, and attracting FDI will be the additional growth booster, enhancing overall efficiency. "We remain cautiously optimistic and expect the growth rate to remain between 6.5 and 6.8 per cent this fiscal year and slightly higher between 6.7 and
In its monthly economic review, the Finance Ministry cited the RBI's monetary policy stance among the reasons for the slowdown in the first half of FY25
India's GDP is forecasted to grow at 6.5% in FY25 and FY26, but weak private consumption, rising household debt, and sluggish government spending pose challenges
The third part of the series looks at the areas it needs to focus on to realise its $5 trillion ambition and be counted among the top three economies
At $6.50 bn, tech accounted for largest share, followed by consumer discretionary and financial sector
The central bank delivered its 3rd consecutive rate cut but signaled a slowdown in future reductions, leaving investors wary. The Fed trimmed its benchmark interest rate by a widely anticipated 25 bps
These targets are usually not announced officially until an annual parliament meeting in March. They could still change before the legislative session
Share of credit outstanding to MSMEs by scheduled commercial banks as a percentage of outstanding non-food credit is tepid
Gill noted that middle-income countries, including India, are more prone to slowdowns compared to low-income or high-income countries
As the markets prepare to open, the mood is upbeat. At 6:34 AM, the GIFT Nifty futures are trading 28 points higher at 24,762 levels, hinting at a positive start