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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…
Read More “World Bank ups India’s GDP growth projection to 7.1% for FY27” »
World Bank Executive Director Neelkanth Mishra. File | Photo Credit: Special Arrangement World Bank Executive Director Neelkanth Mishra has termed the claims that India’s economy grew by 2.6% in the first quarter of the current fiscal year, as against 7.8% as “ill-educated” and “egregiously wrong”. Mr. Mishra’s statement on X came amid a political row…
Read More “‘Ill-educated, egregiously wrong’: World Bank ED Mishra on row over GDP data” »
World Bank Executive Director Neelkanth Mishra. File | Photo Credit: Special Arrangement World Bank Executive Director Neelkanth Mishra has termed the claims that India’s economy grew by 2.6% in the first quarter of the current fiscal year, as against 7.8% as “ill-educated” and “egregiously wrong”. Mr. Mishra’s statement on X came amid a political row…
Read More “‘Ill-educated, egregiously wrong’: World Bank ED Mishra on row over GDP data” »
Prime Minister Narendra Modi speaks in a video message regarding India’s economic growth of 7.8% in the April-June quarter. | Photo Credit: Instagram/@narendramodi Prime Minister Narendra Modi congratulated the people on India’s 7.8% GDP growth in the April-June quarter, crediting the nation’s resolve and efforts for the achievement. He also requested people not to buy…
Image used for representational purposes. File | Photo Credit: Reuters As conflicts and geopolitical uncertainties around tariffs cloud domestic growth, a key parliamentary committee has decided to examine the evolving economic condition of the country. According to a Lok Sabha bulletin, the Standing Committee on Finance has chosen ‘Evolving Economic Conditions in the Country’ as…
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…
“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” »
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…
On the economy, the report said during the first half of 2024-25, real GDP growth (y-o-y) moderated to 6 per cent from 8.2 per cent and 8.1 per cent growth recorded during H1 and H2 of 2023-24, respectively. File. Representational image | Photo Credit: Reuters The Indian economy is exhibiting resilience and stability, and the…
Read More “Economy exhibiting resilience, GDP to grow at 6.6 pc in FY25: RBI report” »
New Delhi: This week India crossed a major milestone as a top global investment destination. Latest data reveals that Foreign Direct Investment into India crossed the thousand-billion-dollar mark since the turn of the century, showing how India has been the favoured destination for foreign investors. The data released by the Department for Promotion of Industry…
Read More “India’s FDI Hits $1,000 Billion Since Turn Of Century. Biggest Investor Is…” »