Follow Us on Google News New Delhi, July 23 (IANS) The Asian Development Bank (ADB) on Wednesday said that India’s GDP growth is projected to grow at 6.5 per cent in 2025, and a robust 6.7 per cent in 2026, amid strong domestic demand, a normal monsoon and monetary easing in the country. When it … Read more
Follow Us on Google News New Delhi, July 21 (IANS) A Crisil report on Monday projected India’s gross domestic product (GDP) to grow at 6.5 per cent this fiscal (FY26), supported by improving domestic consumption, among other positive indicators. The Crisil Intelligence’s near-term outlook report suggested US tariff-related global uncertainty as the top risk to … Read more
Follow Us on Google News New Delhi, July 18 (IANS) At a time when global supply chains are getting rejigged, if India can do the right reforms, it could become a meaningful producer and exporter of goods, which could spur investment, credit and GDP growth, an HSBC report said on Friday. In the chicken-and-egg debate … Read more
Follow Us on Google News Mumbai, July 4 (IANS) Underlining that India is the fourth-largest economy in the world, Union Minister of Micro, Small and Medium Enterprises (MSMEs) Jitan Ram Manjhi on Friday said that the MSMEs contribute 30.1 per cent to the country’s GDP, 35.4 per cent to manufacturing and 45.73 per cent to … Read more
Follow Us on Google News New Delhi, July 3 (IANS) India’s logistics costs have come down to between 7.8-8.9 per cent of GDP, significantly lower than previously assumed figures of 13-14 per cent according to studies carried out by the National Council of Applied Economic Research (NCAER), reflecting the success of the PM Gati Shakti … Read more
Follow Us on Google News New Delhi, July 3 (IANS) India’s real GDP growth is projected to grow in a range of 6.4-6.7 per cent in FY26, reinforcing the country’s position as the fastest-growing major economy in the world, the Confederation of Indian Industry (CII) said on Thursday. CII President Rajiv Memani said that at … Read more
Follow Us on Google News New Delhi, July 1 (IANS) The State Bank of India (SBI) currently adds 1.1 per cent of global GDP and 16 per cent of India’s GDP, the nation’s largest bank said on Tuesday, adding that in all the government-sponsored social security schemes implementation, the bank now holds more than 25 … Read more
Follow Us on Google News Mumbai, June 6 (IANS) The RBI has projected India’s GDP growth at 6.5 per cent for 2025-26, with domestic economic activity showing resilience on the back of a strong agriculture sector, industry picking up, and the services sector expected to maintain momentum. The quarterly growth rates projected for the financial … Read more
Follow Us on Google News New Delhi, May 30 (IANS) The government has succeeded in meeting its fiscal deficit target for 2024-25, fixed at 4.8 per cent of the gross domestic product (GDP) in the revised budget estimate for the year, data released by the Controller General of Accounts on Friday showed. According to the … Read more