Tag: India economic growth
GST collection sparkles despite wholesale cuts; Govt foresees marginal shortfall from budget estimates, upbeat about Oct numbers
New Delhi: India’s goods and services tax (GST) revenues have remained robust even after early September’s sweeping structural rationalisation that slashed rates on 99% of…
India’s young economy could surpass China’s, says former Singapore PM
Singapore’s Senior Minister and former Prime Minister Lee Hsien Loong said India’s long-term growth trajectory could eventually see it “catching up with or even surpassing…
RBI: RBI governor highlights India’s growth prospects amid tariff concerns
Mumbai: The Reserve Bank of India governor said there will be an “upside” to growth if India is able to have an “early resolution to…
RBI likely to hold rates at 5.50% on October 1 and through 2025: Reuters poll
The Reserve Bank of India will keep its key interest rate at 5.50% on October 1 and for the rest of the year, according to…
OECD raises India’s growth outlook to 6.7% in 2025 over domestic demand, GST reforms
The Organisation for Economic Cooperation and Development (OECD) on Tuesday raised India’s GDP growth by 40 bps to 6.7 per cent in 2025 from its…
Strong demand to keep India’s growth at 6.5% in FY26: S&P
India’s economic growth is expected to remain steady at 6.5% in FY26, according to S&P Global Ratings, one of the fastest rates in the Asia-Pacific…
‘Natural friends’ India, US can get trade deal done, H-1B hike comes out of the blue: America’s most powerful banker
JPMorgan Chase CEO Jamie Dimon has said India and the United States are “natural friends” and voiced confidence that the two countries could strike a…
Japan rating agency upgrades India’s sovereign credit outlook
New Delhi: Japan’s largest rating agency Rating and Investment Information (R&I) on Friday upgraded its sovereign rating on India to ‘BBB+’ from ‘BBB’, citing the…
CII suggests national framework to position India as global headquarters for innovation-driven GCCs
The Confederation of Indian Industry (CII) on Sunday suggested a framework for a National Global Capability Centres (GCC) Policy, that can position the country as…
Fitch lifts 2025 global growth aim with a worrying rider, upgrades India forecast to 6.9% for FY26
Fitch Ratings has raised its forecast for India’s growth, projecting the economy to expand 6.9% in FY26, up from its earlier estimate of 6.5%. The…