Search For "gdp"
Taiwan GDP per capita lead over Korea attributed to TSMC, AI boom
Updated : 5 months, 3 weeks ago IST
Yeh Chun-hsien, head of the National Development Council (NDC), on Wednesday attributed Taiwan's forecast lead over South Korea in gross domestic product (GDP) per capita in 2025 to the success of Taiwan Semiconductor Manufacturing Co. (TSMC) and a boom in artificial intelligence application
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Despite tariff, geo-political challenges, India's CAD to remain under 1%
Updated : 5 months, 3 weeks ago IST
India's current account deficit (CAD) is expected to remain under control at 1 per cent of gross domestic product (GDP) in the current financial year, even as the economy faces challenges from higher tariffs and global geopolitical headwinds, according to a report by Crisil.
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"Tax slab has been simplified in the country": BJP's Anil K Antony lauds G
Updated : 5 months, 3 weeks ago IST
Bharatiya Janata Party National Secretary Anil K Antony on Tuesday lauded the recently announced Goods and Services Tax reforms, saying that almost 99% of the goods across the country will see a price decrease, which will help every common man.
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India's wholesale inflation to remain at 0.5% for FY26: Report
Updated : 5 months, 3 weeks ago IST
Wholesale Price Index (WPI) inflation in India is expected to remain subdued at 0.5 per cent for the rest of the current financial year, according to a report by Union Bank of India.
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AI can lead to 8% plus economic growth to realise the vision of 'Viksit Bh
Updated : 5 months, 3 weeks ago IST
India has the opportunity to harness Artificial Intelligence (AI) as a decisive lever to achieve accelerated economic growth and realise the vision of 'Viksit Bharat', according to the roadmap released by NITI Aayog and Niti Frontier Tech Hub on Monday at New Delhi.
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Indian real estate to reach USD 5-10 trillion, fuelling one-fifth of India
Updated : 5 months, 3 weeks ago IST
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.
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Fiscal Deficit target of 4.4% in FY26 is achievable despite GST 2.0 revenu
Updated : 5 months, 3 weeks ago IST
India is likely to meet its fiscal deficit target of 4.4 per cent of GDP in FY26 despite anticipated revenue loss from the implementation of GST 2.0, according to a report by CareEdge Ratings.
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Fitch Ratings increases global GDP growth outlook but US slowdown evident
Updated : 5 months, 3 weeks ago IST
Fitch Ratings has revised its global GDP growth forecast moderately upward to 2.4 per cent for 2025, an increase of 0.2 percentage points from the June outlook.
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Fitch revises India's GDP outlook for FY26 to 6.9% from 6.5%, but indicate
Updated : 5 months, 3 weeks ago IST
Global rating agency Fitch has revised India's growth outlook for the fiscal year ending March 2026 to 6.9 per cent from its earlier projection of 6.5% in June Global Economic Outlook (GEO).
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GST rate cuts could push India's FY26 fiscal deficit above target: JM Fina
Updated : 5 months, 3 weeks ago IST
The tax revenue foregone due to GST rate cuts will eventually push India's fiscal deficit above the government's target of 4.4 per cent of GDP in FY26, unless the gap is absorbed by slowing down capital expenditure intensity, according to a report by JM Financial.
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GST rationalisation progressive step, big booster to India's economic grow
Updated : 5 months, 3 weeks ago IST
"The GST rationalisation is a progressive step towards making products and services more affordable for consumers, easing operational complexity of doing business, lowering inflation and driving consumption growth across the retail sector. This will serve as a big booster to India's econo
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South Korea's economy grows 0.7% in Q2 on stronger exports, consumption
Updated : 5 months, 3 weeks ago IST
South Korea's economy has shown signs of recovery, with a 0.7 per cent growth in the second quarter of 2025, slightly surpassing the Bank of Korea's earlier estimate of 0.6 per cent, "thanks to stronger consumption and exports", Maeil Business Newspaper reported, citing the country's central
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