Search For "gdp growth"
Union Budget FY25-26: A prudent approach to fiscal discipline and sustaina
Updated : 1 year, 1 month ago IST
New Delhi [India], February 1: The Union Budget for FY25-26 strikes a balance between fiscal discipline and the need for sustained economic growth. The government's decision to reduce the fiscal deficit target from 4.8% to 4.4% is an important step towards long-term financial stability. Alth
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India's Nominal GDP growth expected at 9.8-10.3 pc in FY26: Bank of Baroda
Updated : 1 year, 1 month ago IST
After the Economic Survey projected India's real GDP growth for FY26 in the range of 6.3-6.8 per cent, a report by Bank of Baroda stated that with an assumed GDP deflator of 3.5 per cent, the country's nominal GDP growth could be around 9.8-10.3 per cent.
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India needs 8% annual growth for achieving Viksit Bharat target: Economic
Updated : 1 year, 1 month ago IST
India must grow around 8 per cent for a decade or two to achieve its Viksit Bharat dreams, the Economic Survey has asserted, at a time when the country's growth showed weak progress in the first two quarters of the current financial year.
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"Fiscal Situation Alarming," RSP's NK Premachandran ahead of Union Budget
Updated : 1 year, 1 month ago IST
Revolutionary Socialist Party MP NK Premachandran raises concerns over India's fiscal situation, questions the feasibility of a $5 trillion economy and 7% GDP growth target.
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Indian economy not in good shape: Congress' Rajiv Shukla slams Centre
Updated : 1 year, 1 month ago IST
Congress MP Rajiv Shukla on Friday slammed the BJP-led government at the Centre for its handling of the economy, saying that inflation is on the rise while GDP growth is not sufficient.
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Modi government taking India into middle-income trap, income inequality ha
Updated : 1 year, 1 month ago IST
Noting that India's GDP growth for 2024-25 is expected to be 6.4 per cent as per government data, the Congress on Thursday said that the Modi government is taking India into the "middle-income trap, which will make us uncompetitive, underproductive, and unequal".
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20 per cent capex growth crucial for boosting India's GDP: EY report
Updated : 1 year, 1 month ago IST
The government is expected to continue on its fiscal deficit reduction path, bringing it down to 4.4 per cent of GDP in FY26. A strategic focus on investment and spending reforms will help balance fiscal prudence with economic expansion.
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Indian economy to grow 6.5-6.8% in 2024-25 fiscal, projects Deloitte
Updated : 1 year, 1 month ago IST
Amid evolving economic conditions, Deloitte India, in its latest Economic Outlook, has revised its annual GDP growth projection for 2024-25 to 6.5-6.8 per cent, with expectations for 6.7-7.3 per cent in the following year.
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International Monetary Fund retains India's GDP growth forecast at 6.5% fo
Updated : 1 year, 1 month ago IST
The International Monetary Fund (IMF) retained India's growth forcastat 6.5 per cent for for fiscal 2026 and fiscal 2027, the global economic body said in its World Economic Outlook report.
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India to grow by 6.4 pc, and CPI inflation to settle at 4.8 pc in FY25: FI
Updated : 1 year, 1 month ago IST
India's economic outlook for 2025 presents cautious optimism with consumer spending expected to recover, aided by a positive outlook for agriculture and rural consumption, according to the latest Economic Outlook Survey by the Federation of Indian Chambers of Commerce and Industry (FICCI).
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Despite cyclical downturn in India, govt unlikely to unleash any fiscal st
Updated : 1 year, 2 months ago IST
India is currently experiencing a cyclical economic downturn, with gross domestic product (GDP) growth projected at 6.1 per cent for both FY25 and FY26, according to a report by Nirmal Bang.
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Union budget may see fiscal consolidation but rural, welfare and subsidies
Updated : 1 year, 2 months ago IST
With the Union Budget for FY26 scheduled to be presented on February 1, 2025, a report by Goldman Sachs underlined two key concerns for policymakers, the pace of fiscal consolidation and the government's spending priorities.
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