Tag: India economy news
India set to move into upper-middle-income group by 2030 & join China: SBI
India is set to move into the upper-middle-income group by the end of this decade, joining China and Indonesia, according to a latest report by…
India’s wholesale inflation ticks up to 8-month high of 0.83% in Dec after contracting 0.32% in Nov
India’s wholesale price inflation ticked up to an 8-month high of 0.83% in December from a contraction of 0.32% in November, data released by the…
India one of the most optimistic consumer markets globally: BCG report
Consumer sentiment in India has shown steady momentum over the year aided by robust GDP growth and the country continues to be one of the…
Fitch raises India’s FY26 GDP forecast to 7.4% from 6.9%, on high consumer spending, GST reforms
Fitch Ratings has raised India’s GDP growth forecast for FY26 to 7.4% from 6.9%, citing stronger consumer spending and the positive impact of recent GST…
India’s core sector growth remains flat in October, weakest in 14 months
India’s infrastructure output was unchanged in October from a year earlier, its weakest performance in 14 months, as declines in coal, crude oil and electricity…
World Bank raises India’s FY26 growth forecast to 6.5%, cites tariff risks ahead
The World Bank on Tuesday raised India’s economic growth forecast for FY26 to 6.5% from 6.3% earlier, while it lowered projections for FY27 by 0.2…
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…
Retail inflation quickens to 2.07% in Aug from 1.55% in July
India’s retail inflation quickened to 2.07% in August from an eight-year low of 1.55% in July, driven by fading impact of high base effects, according…
Pimco sees India keeping rates on hold as inflation nears bottom
India‘s central bank is unlikely to cut interest rates as inflation shows signs of bottoming out, Stephen Chang, managing director and Asia portfolio manager at…