Tag: Indian economy

IMF upgrades India’s 2025-26 growth to 7.3% from earlier estimate of 6.6%

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IMF upgrades India’s 2025-26 growth to 7.3% from earlier estimate of 6.6%

This upward revision was primarily a reflection of stronger-than-expected growth in the third quarter, and “strong momentum” in the fourth quarter, the IMF said. File | Photo Credit: Reuters The International Monetary Fund has revised upwards its estimate of India’s GDP growth in the current financial year 2025-26 to 7.3% from its earlier prediction of…

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India to grow at 7.2% in 2025-26 with overall U.S. tariff impact to be offset, U.N. body predicts

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India to grow at 7.2% in 2025-26 with overall U.S. tariff impact to be offset, U.N. body predicts

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto India is expected to grow by 7.2% in the financial year 2025-26, with consumption and public investment expected to “largely offset” the impact of the tariffs by the United States, the United Nations Department of Economic and Social Affairs (UNDESA) said in a report. …

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What are the signals from the Indian economy? | Explained

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What are the signals from the Indian economy? | Explained

The story so far: The year 2025 has been rocky for the Indian economy. While the government has implemented several policy changes that are positive for the economy, several other factors, some international and some domestic, continue to play spoilsport. What has gone well in the year? The year began on a reasonably positive footing….

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Simplification of customs will be next big reform, says Finance Minister

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Simplification of customs will be next big reform, says Finance Minister

Union Finance Minister Nirmala Sitharaman. File | Photo Credit: Moorthy G. Ahead of Budget 2026, Finance Minister Nirmala Sitharaman on Saturday (December 6, 2025) said the simplification of customs would be the next big reform agenda for the government. During the current financial year, the government undertook reforms such as rate rationalisation and simplification of…

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India’s services sector growth falls to 5-month low in October on competitive pressures, heavy rains: PMI

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India’s services sector growth falls to 5-month low in October on competitive pressures, heavy rains: PMI

The international demand for Indian services improved further, as signalled by another increase in external sales. File | Photo Credit: Getty Images/iStockphoto India’s services sector growth witnessed the slowest pace of expansion in five months in October, as competitive pressures and heavy rains in parts of the country led to a slower increase in output, according…

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Falling exports of tariff-free products to U.S. cause of concern: Congress

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Falling exports of tariff-free products to U.S. cause of concern: Congress

Congress general secretary Jairam Ramesh. File | Photo Credit: Shiv Kumar Pushpakar The Congress on Tuesday (September 23, 2025) voiced concern over falling exports of tariff-free products like pharma and smartphones to the United States, saying it is “certainly not a seasonal fall”. In a post on X, Congress leader Jairam Ramesh said, “It was…

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Exports up 6.7% to $35.1 billion in August, imports drop by 10%

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Exports up 6.7% to .1 billion in August, imports drop by 10%

Exports were worth $32.89 billion in August last year and imports stood at $68.53 billion. (Representational image) | Photo Credit: Getty Images/iStockphoto India’s exports rose by 6.7% to $35.1 billion in August, while imports declined by 10.12% to $61.59 billion, according to official data released on Monday (September 15, 2025). Exports were worth $32.89 billion…

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Economy expected to grow 6.4% in Q3: ICRA

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Economy expected to grow 6.4% in Q3: ICRA

Representational image only. Photo: wikimedia.org Investment Information and Credit Rating Agency (ICRA) on Tuesday (February 18, 2025) projected India’s GDP to grow 6.4% in the December quarter on account of enhanced government spending amid uneven consumption. The Indian economy grew at 6.7% in April-June, but it slowed to a seven-quarter low of 5.4% in September…

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“Cut Down Larger States If India Wants 8% Growth”: Montek Singh Ahluwalia

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“Cut Down Larger States If India Wants 8% Growth”: Montek Singh Ahluwalia

Bengaluru: Former Deputy Chairman of the Planning Commission of India and economist Montek Singh Ahluwalia said on Wednesday that large states can be split so that new cities can emerge, giving impetus to urbanisation. According to him, if India is going to grow at 8 per cent, then the urban population is going to grow…

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