Tag: world bank
India makes 85 pc of digital payment through UPI: RBI Guv Malhotra
About 85 per cent of the digital payment transactions take place through UPI in India, and the country can be a case study in inclusive,…
IMF raises India’s FY26 growth outlook to 6.6%
The International Monetary Fund (IMF) on Tuesday raised India’s economic growth forecast for FY26 to 6.6% from 6.4% estimated earlier, citing strong first quarter growth…
World Bank economist says for lower tariffs & trade pacts can transform India’s manufacturing and exports
India could unlock transformative growth in manufacturing and exports by combining tariff reductions with broader trade agreements that expand market access and ease non-tariff barriers,…
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…
China open to importing more from India if New Delhi joins RCEP, says Chinese economist Liqing Zhang
China can import more from India if New Delhi is more open to Beijing and joins the regional free trade agreement, Liqing Zhang, director of…
MoSPI proposes to add free PDS items to inflation index
The ministry of statistics and programme implementation (MoSPI) released a discussion paper suggesting that free food grains distributed under the Public Distribution System (PDS) be…
India must grow twice as fast to avoid jobs trap, Morgan Stanley warns
India’s economy needs to expand at an extraordinary 12.2% pace each year to solve its underemployment crisis, Morgan Stanley economists warned, underscoring the risk that…
Step up infrastructure credit flow, India requires $4.5 trillion growth capital: PFRDA
India would need $4.5 trillion in infrastructure investment by 2030 to sustain its growth ambitions, Pension Fund Regulatory and Development Authority (PFRDA) chairman Sivasubramanian Ramann…
An economy growing at 6.4% will remain IFC’s largest portfolio: MD Makhtar Diop
India‘s economy has often demonstrated its resilience against global shocks and the latest goods and services tax (GST) reforms further burnish New Delhi’s allure from…