Tag: India Economy
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…
November GST mop-up grows slowest in fiscal due to rates revamp
New Delhi: India’s gross goods and services tax (GST) collection increased a modest 0.7% year-on-year in November to ₹1.70 lakh crore, the lowest so far…
GDP growth of 8.2%in Q2 driven by reforms and fiscal consolidation: Finance Minister Sitharaman
Finance Minister Nirmala Sitharaman on Friday said the latest GDP numbers reflect strong momentum supported by reforms and fiscal consolidation as India’s economy grew 8.2%…
India’s forex reserves decline by $4.47 billion to $688.10 billion as of November 21
India’s foreign exchange reserves declined by USD 4.47 billion to reach USD 688.10 billion for the week ending November 21, the Reserve Bank of India…
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…
More financial sector reforms needed to become $30 tn economy: WB report on India
India needs to give further impetus to financial sector reforms and boost private capital mobilisation to become a USD 30-trillion economy by 2047, according to…
Indian economy resilient amid global headwinds; GDP growth likely to near 7% in FY26: CEA
Chief Economic Advisor V Anantha Nageswaran on Wednesday said the Indian economy has held up well against global uncertainties and is on track to grow…
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…
India’s growth outlook for FY26 remains strong, says Finance Ministry
India’s growth outlook for the current fiscal year remains strong, supported by domestic demand, a favourable monsoon, lower inflation and the recently introduced GST rate…
Inflation eases across India, but these states are still feeling the heat
India’s retail inflation eased to a 99-month low of 1.5% in September and averaged 2.2% in the first half of FY26, according to data released…