The projection of 10% nominal GDP growth for the financial year starting April 1, 2026, is a realistic assumption, Finance Minister Nirmala Sitharaman said on Sunday.Addressing a question during the post-Budget interaction, Sitharaman noted that easing inflation supports the government’s outlook. “Inflation in India has moderated and has stayed at lower levels for some time. […]
The Indian economy can expand at more than 7% in 2026-27, the government said on Thursday, offering an optimistic outlook for the world’s fourth largest economy at a time of heightened uncertainty for global trade. The government has sought to blunt the impact of US tariffs on the Indian economy by pushing far-reaching policy reforms […]
Growth in eight key infrastructure sectors, as measured by the combined Index of Eight Core Industries, accelerated in December, supported by strong expansion in construction-linked segments and electricity, as per data released by the ministry of commerce on Tuesday. Despite the stronger headline growth, energy-related segments continued to weigh on the index. (AFP FILE) Core […]
India will need “at least eight to 10” large banks to support economic growth as consolidation gathers pace across the sector, Axis Bank Chief Executive Officer Amitabh Chaudhry said. Amitabh Chaudhry, chief executive officer of Axis Bank. (Bloomberg) “It’s a play across the entire product suite” and “right now we don’t have that” in the […]
The central government has pegged India’s GDP growth rate at 7.4% in FY26, underscoring the resilience of the Indian economy in the face of Trump tariffs and in the absence of an India-US trade deal. Construction activity is seen growing 7% in FY26, down from 9.4% in FY25. (File Photo) The projection is higher than […]
The US economy expanded at the fastest pace in two years in July-September 2025, bolstered by resilient consumer and business spending and calmer trade policies. The US economy has maintained momentum as consumers powered ahead and the most punitive of President Donald Trump’s tariffs were rolled back. (Reuters) The inflation-adjusted GDP, which measures the value […]
The Reserve Bank of India expects softer inflation and faster economic growth in the Indian economy, even as the rupee remains under pressure in the absence of a India-US trade deal. A man walks past a logo of the Reserve Bank of India (RBI) and the Indian Rupee inside the RBI headquarters in Mumbai. (Reuters) […]
Moody’s Ratings on Friday said with a 7 per cent GDP expansion in 2025 and 6.4 per cent in the next year, India will lead growth among emerging markets and across the Asia Pacific region. Moody’s also said that India’s domestic growth drivers underpin its economic resilience amid global uncertainty. (Bloomberg) Moody’s also said that […]
The Indian economy might grow faster than estimated in the economic survey earlier this year, so much so that the GDP would cross the $4-trillion mark, Chief Economic Adviser V. Anantha Nageswaran said on Friday. Q3 FY26 has started on a strong footing for the Indian economy, India’s Chief Economic Adviser V. Anantha Nageswaran says. […]
India’s economy grew 8.2% year-on-year in July-September, accelerating from the 7.8% growth reported in the previous quarter, as strong consumer spending and manufacturing remained key drivers amid global trade uncertainties. FILE PHOTO: Customers buy fruit and vegetables at an open air evening market in Ahmedabad, India, August 21, 2023. REUTERS/Amit Dave/File Photo (REUTERS) Economists polled […]