The International Monetary Fund (IMF) on Tuesday revised India's growth forecast for the fiscal year 2025-26 (FY26) upward to 6.6%, a 0.2 percentage point increase from its previous estimate of 6.4%.
The general government capital expenditure (capex) as a share of GDP in FY26 is likely to remain around 5 per cent, which is lower than 5.1 per cent in FY25P and much below the FY24 peak of 5.4 per cent, according to a report by Emkay Research.
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.
Mumbai (Maharashtra) [India], October 8: Comviva, a global leader in digital transformation solutions, specializing in customer experience management, data monetization, and digital financial services, today announced a remarkable milestone of processing over $ 1 billion in day through its f
Pune (Maharashtra) [India], October 6: Gera Developments Private Limited (GDPL), pioneers of real estate business, and the award-winning creators of premium residential and commercial projects in Pune, Goa and Bengaluru, and California (USA), hosted an unforgettable evening with India's cele
Singapore, October 6: Digitalisation is essential to the growth of Singapore's overall economy. In 2024, Singapore's digital economy grew by S$12 billion[1], expanding to a total of S$128.1 billion. This accounts for 18.6% of the nation's gross domestic product (GDP), up from 18.0% in 2023 a
Mari Elka Pangestu, Special Advisor for International Trade and Multilateral Cooperation to the President of Indonesia, said US tariffs harm global trade and must be managed responsibly. She praised Finance Minister Nirmala Sitharaman's Kautilya Conclave address, stressing India's reforms an
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.
Sonipat (Haryana) [India], October 1: "For India to become a great nation, we need innovation, research, improved urbanization, better cities, enhanced agricultural productivity, and stronger manufacturing. There are many challenges that India confronts, and if the country's vision is to mov
India's external debt stood at USD 747.2 billion at the end of June 2025, marking an increase of USD 11.2 billion over the level recorded at end-March 2025, according to data released by the Reserve Bank of India (RBI) on Tuesday.
Sonipat (Haryana) [India], September 30: "India was under colonial domination for 190 years and it became a country with barely a 3% share of the global GDP from 25% contribution. When Prime Minister Narendra Modi came to office, India was a $2 trillion economy. Today it is a $4.3 trillion e