India's economy is expected to have grown by around 7.5 per cent in the second quarter of the current financial year FY26, supported by a pick-up in investment activities, an improvement in rural consumption and the impact of GST rationalization, according to a research report by the State
India's maritime sector is set to attract trillions of investments and create more than one crore new jobs by 2047, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said while speaking at the India Maritime Week 2025. "The maritime sector is poised to attract Rs 8 trillion of
Union Minister of Commerce & Industry, Piyush Goyal highlighted on Wednesday the International Monetary Fund's (IMF) recent revision of India's growth estimate, which increased from 6.4% to 6.6% for this year, stating that this upward revision is an indication to India's strengthened
India's general government debt is expected to moderate steadily over the next decade, declining from the current 81 per cent of GDP to about 77 per cent by FY31 and further to 71 per cent by FY35, according to a report released by CareEdge Ratings.
Industry chambers have welcomed the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) decision to maintain the repo rate at 5.5 per cent with a neutral stance, citing it as a signal of stability and growth support in the backdrop of moderate inflation and strong GDP performance.
Union Finance Minister Nirmala Sitharaman has said that India's resilience stands out amidst an uncertain global environment and several favourable factors, including a young demography and domestic demand, provide core strength to the Indian economy to withstand global spillovers and gro
Speaking at the Network18 Reforms Reloaded 2025 summit in Delhi, Nageswaran said, "The GST 2.0 is a very significant landmark reform. I am very confident that it will provide a very significant boost to domestic demand. In addition to the indirect taxes, there are concessions and relief anno
Union Minister for Petroleum and Natural Gas Hardeep Singh Puri has said that India's economy has expanded from USD 2 trillion in 2014 to USD 4.3 trillion and the government is keen to make the economy stronger at a time of global uncertainty.
Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Monday said that Goods and Services Tax (GST) reforms have brought a wave of happiness and celebration among people and can boost the Gross Domestic Product (GDP) of the country by 0.8 per cent.
India's growth story is facing global turbulence, but domestic strengths and a cautious yet evolving trade strategy are expected to cushion the impact, according to economists and analysts.
India's real estate sector contribution to the GDP is growing steadily, from under 5 per cent in the early 2000s to 6-8 per cent today and is projected to reach 14-20 per cent, positioning it as a potential USD 10 trillion growth catalyst by 2047.