Tag: India Economy
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…
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…
GST cuts: Structural reform, not stimulus
The Goods and Services Tax (GST) Council’s recent decision to rationalise slabs and cut rates has been widely celebrated as if it were a stimulus…
Fitch raises GDP forecast to 6.9%, says reforms to boost consumption
New Delhi: The GST reform will stimulate consumption and reduce risks to the economic growth outlook as higher US tariffs threaten export demand, Fitch Ratings…
India’s forex reserves up by $3.51 billion to $694.2 billion in week ending August 29
India’s forex reserves were up by $3.51 billion to $694.2 billion in week ending August 29, according to data released by the Reserve Bank of…
‘GST reforms not correlated to Trump tariffs’: Sanjeev Sanyal clarifies – The Economic Times Video
PM’s Economic Advisory Council member Sanjeev Sanyal explains the thought process behind the sweeping GST reforms. Effective September 22, GST rates and slabs have been…
With GST 2.0, Govt’s focus shift from capex oriented spending to consumption-led growth: Report
The government’s announcement of GST rationalization under GST 2.0 has set the stage for a major shift in the country’s economic strategy. According to a…