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“We have upgraded our FY27 growth forecast to 7.1% from 6.6% in April, as growth has held up better than expected despite trade and geopolitical uncertainties,” the World Bank said in its latest India Development Update. File The World Bank on Tuesday (October 6, 2026) raised India’s Gross Domestic Product (GDP) growth forecast for the…
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India’s 7.8% real GDP growth in April to June 2026 is an extension of a strong economic journey — real GDP grew 7.2% in 2023-24, 7.1% in 2024-25, and 7.7% in 2025-26. The latest rate exceeds the RBI’s 7% forecast despite the West Asian conflict, high energy prices, and uncertain trade. Its real significance, however,…
Gold and jewellery hold a unique place in India’s cultural heritage, particularly during festive and wedding seasons, such as the period that India will soon enter in October-December. File | Photo Credit: Reuters While welcoming Prime Minister Narendra Modi’s call for prioritising locally-made products and reducing gold imports, the All India Gem & Jewellery Domestic…
Business Monitor International (BMI) said the currently low level of short-term interest rates following the RBI’s 125 bps rate cut during 2025 will support the economy through the ongoing energy crisis. File | Photo Credit: Getty Images “India’s Gross Domestic Product (GDP) is likely to grow at 6.6% in the current fiscal as compared to…
India’s strong macroeconomic indicators have paved the way for robust growth outlooks for fiscal year 2026-27, but the delay in India-US trade deal may lead to revisions of some barometers. According to global brokerage Goldman Sachs, India’s mass consumption trend, especially in the rural and lower income segments of urban spaces, is in a nascent…
“We will continue to see relentless growth,” Commerce and Industry Minister Piyush Goyal said, adding India’s merchandise and services exports too have recorded high growth during April-October this fiscal. File | Photo Credit: The Hindu Commerce and Industry Minister Piyush Goyal on Saturday (November 29, 2025) said a host of steps and reforms undertaken by…
Read More “Government reforms, manufacturing push lift Q2 growth to 8.2%: Goyal” »
Indian businesses are in a “cosy comfort zone” created by the presence of a 1.4 billion-person domestic market, and need to find opportunities globally, Union Commerce Minister Piyush Goyal said on Saturday (August 30, 2025). In the comments that come amid deep concerns about the impact of high U.S. tariffs on the Indian economy, Mr….
Growth in the manufacturing sector quickened to 7.7% in the April-June 2025 quarter, coming on top of a high base of 7.6% in the same quarter of the previous year. File | Photo Credit: Getty Images India’s economic growth rate in the first quarter (April-June) of the current financial year quickened to a five-quarter high of…
“India’s economic trajectory stands out in a turbulent global landscape,” Rumki Majumdar, Economist, Deloitte India, said. Deloitte India on Tuesday (August 5, 2025) projected India’s economic growth at 6.4-6.7 % in the current fiscal citing robust domestic fundamentals and expanding global opportunities. It, however, said that India must monitor its trade exposure and be…
The NSO’s first advanced estimates of GDP growth for the year suggest that the economy’s engines will slow to a four-year low this fiscal. Image for representation. | Photo Credit: Getty Images/iStockphoto India’s real Gross Domestic Product (GDP) is expected to rise 6.4% in this financial year, slowing from 8.2% in 2023-24, the National Statistics…
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