Rating agency Crisil has revised India's gross domestic product (GDP) growth to 6.5 per cent for the current fiscal, supported by expectations of above-normal monsoon, rate cuts and the government's rural support schemes.
As India is on the brink of becoming the fourth-largest economy in the current fiscal, an increasing number of German companies have ramped up their hunt for Indian partners with the intention of providing future technologies in the manufacturing sector.
As per a report by ICICI Bank, this marked a stronger growth momentum in the second half of the financial year compared to the first half, powered by a rise in government spending and a pick-up in rural demand, domestic travel and services exports.
The Government e-Marketplace (GeM) on Monday announced plans for an ambitious procurement target of approximately Rs7 lakh crore for the current fiscal year.
The Reserve Bank of India (RBI) is likely to have an aggressive rate cut trajectory for the current fiscal year (FY26), driven by the significant moderation in inflation, said SBI Research on Monday.
The Reserve Bank of India also recently lowered the growth forecast for the current fiscal 2025-26 to 6.5 per cent from 6.7 per cent, amid uncertainties arising from trade worries following the reciprocal tariffs announced by the US.
The Adani Group's ports business will continue to invest across businesses in 2025-26. In a video message announcing the results for 2024-25, Ashwani Gupta, Whole-time Director and CEO, Adani Ports and SEZ Ltd on Thursday pegged the capital expenditure (capex) guidance for the current fiscal
The Reserve Bank of India also recently lowered the growth forecast for the current fiscal 2025-26 to 6.5 per cent from 6.7 per cent, amid uncertainties arising from trade wars following the reciprocal tariffs announced by the US.
The production in the country showed signs of improvement towards the end of the last financial year, supported by a rise in high-frequency indicators such as the manufacturing PMI, GST collections, and e-way bill generations, according to a report by Bank of Baroda.
Digital procurement platform, Government e-Marketplace (GeM), has achieved a significant milestone by facilitating the hiring of over 1 million manpower resources by government organisations in the current fiscal year (2024-25), the Ministry of Commerce & Industry said on Wednesday.
Karnataka Chief Minister Siddaramaiah presented the state budget for the financial year 2025-26 in the Legislative Assembly, allocating a sum of Rs. 51,034 crores for the implementation of various guarantee schemes in the current fiscal year.