Search For "gdp"
"MSME contributes 31% to India's GDP": Jitan Ram Manjhi on GST reforms
Updated : 5 months, 3 weeks ago IST
Union Minister Jitan Ram Manjhi highlighted the significant contribution of Micro, Small, and Medium Enterprises (MSMEs) in India's GDP, saying the sector contributed 31% to India's Gross Domestic Product (GDP).
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GST rate cuts to lift India's GDP by 0.2-0.3% in FY26; stronger push forec
Updated : 5 months, 3 weeks ago IST
The Centre's decision to rationalise GST rates to two slabs - 5% and 18%, applicable from September 22, 2025, is expected to boost the country's GDP by 0.2-0.3% in the financial year 2025-26, according to Bank of Baroda economist Sonal Badhan.
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Amid tariff tensions, India's current account deficit may double to 1.2% o
Updated : 5 months, 3 weeks ago IST
India's current account deficit (CAD) is expected to almost double in the current financial year FY26 to 1.2 per cent of gross domestic product (GDP), compared with 0.6 per cent in FY25, amid rising trade and geopolitical tensions, according to a report by Union Bank of India.
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Crisil maintains India's FY26 GDP forecast at 6.5%, private consumption to
Updated : 5 months, 3 weeks ago IST
Crisil has maintained India's GDP growth forecast for the current fiscal year, 2025-26, even as it sees downside risks emanating from US tariffs.
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GST reforms to aid consumption and sustain growth, however tariff risks cl
Updated : 5 months, 3 weeks ago IST
Despite global headwinds ranging from tariff volatility to geopolitical tensions, NSE's Macro Review report notes that India's GDP momentum could ease over in next few quarters as higher tariffs begin to weigh on exports. At the same time, a possible rationalisation of GST rates ahead of the
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Nifty, Sensex open higher on robust GDP data, IT index surged more than 1
Updated : 5 months, 3 weeks ago IST
Indian stock markets opened with gains on Monday as strong first quarter GDP numbers boosted investor confidence.
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India's economic performance proven Rahul Gandhi's "negative thinking" wro
Updated : 5 months, 3 weeks ago IST
Union Minister Piyush Goyal on Sunday said that India's strong economic performance has once again disproved the "negative thinking" of Leader of Opposition in Lok Sabha Rahul Gandhi, asserting that the country is on course to emerge as the world's third-largest economy by 2027.
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"Heartening to see this": FICCI president welcomes growth figures of GDP
Updated : 5 months, 3 weeks ago IST
Real GDP has been estimated to grow by 7.8 per cent in Q1 of FY 2025-26 over the growth rate of 6.5 per cent during Q1 of FY 2024-25. Nominal GDP has witnessed a growth rate of 8.8 per cent in Q1 of FY 2025-26.
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GDP surge driving India's growth story
Updated : 5 months, 3 weeks ago IST
India's strong services activity has helped GDP growth comfortably beat expectations for the second quarter in a row, rising to an impressive high of 7.8 per cent for April-June 2025.
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Silver linings in Indian economy can offset impact of US tariffs: CEA Nage
Updated : 5 months, 3 weeks ago IST
He backed his argument by stating that the measures taken by the government, such as direct tax cuts, forthcoming GST tax structure reforms, and the employment-linked incentives, among others, are supportive of the overall economy.
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Confident we will stick to fiscal deficit target: DEA Secretary
Updated : 5 months, 3 weeks ago IST
Department of Economic Affairs (DEA) Secretary Anuradha Thakur on Saturday expressed confidence that India will meet its fiscal deficit target of 4.4 per cent for 2025-26, despite the first quarter showing a wider deficit than last year.
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Q1 GDP numbers reflect India's resilience, outlook remains positive: Econo
Updated : 5 months, 3 weeks ago IST
Robust Q1 GDP growth underlines the basic resilience and the strengthening of the momentum in the economy, which is anchored in strong macro-economic fundamentals, a senior government official said on Saturday.
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