Passenger traffic at Indian airports is projected to grow at a CAGR of 7 per cent over 2024-25-2026-27, normalising from the earlier pre-COVID estimates of 9 per cent, according to CareEdge Ratings.
Bharatiya Janata Party (BJP) National Spokesperson Dr. Syed Zafar Islam on Friday hailed the latest GDP figures, terming them a "slap on the face of the Opposition" and a testament to the robust growth of India's economy under Prime Minister Narendra Modi's leadership.
Chief Economic Adviser V Anantha Nageswaran on Friday said India's domestic consumption growth can offset the US tariff-related losses, which is why the GDP estimates for the year 2025-26 haven't been revised downwards.
India's GDP growth projection is at 6.7 per cent in the first quarter of the current financial year which is higher than the RBI estimates of 6.5 per cent, according to rating agency ICRA.
The fiscal cost of the government's proposed Goods and Services Tax (GST) rate rationalisation will remain manageable, according to a UBS report, which estimates the revenue loss to be about Rs. 1.1 trillion annually, or 0.3 per cent of GDP.
The estimates are down from 5.4 per cent in the previous quarter. An increase or decrease in Agri-GVA impacts rural incomes, consumption, and overall economic growth, the report said.
There was no revenue loss to BSNL and the government, and the recent estimates quoted in a CAG report were based on misinterpretation of some clauses, Minister for State for Communications Dr Pemmasani Chandra Sekhar informed Lok Sabha on Wednesday in a written reply.
India Ratings and Research (Ind-Ra) has slashed India's GDP projections for 2025-26 to 6.3 per cent, a 30 basis points lower than its earlier forecast of 6.6 per cent in December 2024.
Pune (Maharashtra) [India], July 22: In a landmark development for India's logistics and sustainability sectors, Agarwal Packers & Movers Ltd. (APML), Henkel India, and Kalyani Powertrain Ltd. (a Bharat Forge Group company) have jointly launched the country's first mid-haul re-powered el
Udaipur (Rajasthan) [India], July 22: India-based Hindustan Zinc Limited, a Vedanta Group company and the world's largest integrated zinc producer, announced its financial results for the first quarter ended 30th June 2025 on 18th July 2025. The company registered its highest ever first quar
Semiconductor chips are essential components in virtually all electronic devices, enabling a wide range of functionalities from basic computation to advanced technologies. According to the estimates, Indian market for semiconductors is expected to cross USD 100.2 billion by 2032 from USD 34.