Search For "gdp"
'Hindu rate of growth' was Congress-era legacy of low expectations: Piyush
Updated : 3 months ago IST
Commerce Minister Piyush Goyal on Saturday hit out at those who he alleged had their "perception" that India's destiny is mere 4-4.5 per cent economic growth, and it could not or did not have the potential to grow at a pace higher than that.
Read More
Experts back simultaneous polls, say ONOE could bring in "significant macr
Updated : 3 months ago IST
Gita Gopinath highlighted that election years see delayed private investment (approximately 5% decline), higher primary deficits, and reduced capital expenditure. Sources said that Gopinath estimated that the election reform could lead to a 1.5% GDP increase (₹4.5 lakh crore additional GD
Read More
Strong Q2 performance may prompt IMF to upgrade India's growth outlook: Gi
Updated : 3 months ago IST
Former IMF Chief Economist Gita Gopinath, now a Professor at Harvard University, is of the view that International Monetary Fund (IMF) will certainly raise India's growth forecast for 2025-26, on the back of robust economic growth it recorded in the first two quarters of the current fiscal.
Read More
Sitharaman flags fiscal stress of states; highlights fiscal discipline, ma
Updated : 3 months ago IST
Finance Minister Nirmala Sitharaman flagged rising fiscal stress in some Indian states and called for sharper focus on manufacturing, innovation, and strategic trade positioning, while addressing the Times Network India Economic Conclave.
Read More
Lower oil prices, strong services exports to keep India's CAD around 1% in
Updated : 3 months ago IST
India's external sector outlook remains broadly stable despite recent volatility in trade data, with the current account deficit (CAD) expected to remain around 1 per cent of GDP in FY26, supported by easing commodity prices, resilient services exports and moderating trade pressures, accordi
Read More
"India leading source of FDI, giving our cooperation a strong foundation o
Updated : 3 months, 1 week ago IST
"I think our decision today that we elevate our historic relationship to strategic relationship is the right decision," Ethiopian Prime Minister Abiy Ahmed Ali said.
Read More
Private players dominate life insurance market, general insurance premium
Updated : 3 months, 1 week ago IST
From FY15 onwards, growth resumed as insurers adapted to the new regulatory environment and diversified their product mix and channels. Private sector Annual Premium Equivalent (APE) recovered to Rs 250 billion in FY15 and increased steadily to Rs 286 billion in FY16, Rs 349 billion in FY17
Read More
Banks, NBFCs to remain key growth drivers as credit grows faster than broa
Updated : 3 months, 1 week ago IST
However, despite the steady growth, India's retail credit penetration remains far below global standards, the report said. Asset quality of the banking sector has dramatically improved in the recent past leading to a sharp drop in credit cost. The credit-to-GDP ratio, after peaking around th
Read More
Advanced manufacturing key to achieving Viksit Bharat vision by 2047: NITI
Updated : 3 months, 1 week ago IST
India needs to rapidly scale up advanced manufacturing and frontier technologies to meet its long-term growth ambitions, Neeraj Huddar, Resident Fellow at NITI Aayog and Lead Architect of the NITI Frontier Tech Hub, said on Monday, warning that a business-as-usual approach could leave a mult
Read More
AI and Robotics to drive USD 1.1 tn boost in India's manufacturing GDP by
Updated : 3 months, 1 week ago IST
Incorporating cutting-edge technologies could boost India's manufacturing GDP by USD 1.1 trillion, with AI and Robotics contributing to significant growth by 2047, noted a report of Iconic Wealth by Angel One.
Read More
India's GDP to grow 7% in FY26, Crisil raises growth forecast
Updated : 3 months, 1 week ago IST
The Indian economy is poised to grow at 7.0 per cent in the current fiscal 2025-26, Crisil said as it raised projections by 50 basis points soon after the country registered robust growth in the first half.
Read More
India poised for next phase of multi-trillion-dollar wealth creation: MoSL
Updated : 3 months, 1 week ago IST
India is entering a decisive phase of economic expansion that could redefine wealth creation over the next two decades, according to the 30th Wealth Creation Study by Motilal Oswal Financial Services.
Read More