Tag: India economy news
To hit $30 trillion mark by 2047, India needs 12% growth: Chief Economic Advisor V Nageswaran
Chief Economic Advisor V Anantha Nageswaran on Thursday said India can achieve a 30 trillion dollar economy by the centenary year of its Independence, provided…
India’s economy slipping to 6th rank, IMF data shows, prospects bright
India has slipped to the sixth position among the world’s largest economies in 2025, according to latest estimates released by the International Monetary Fund. The…
India’s forex kitty drops by $11.41 billion to $698.346 billion
India’s foreign exchange reserves fell sharply by USD 11.41 billion to USD 698.34 billion in the week ending March 20, according to data released by…
India’s growth is structural, not cyclical
India’s economic expansion is increasingly investment-led, reform-backed, and policy-supported, rather than dependent on short-term fiscal stimulus, or cyclical consumption surges. One of the clearest indicators…
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…