Search For "gdp"
'Banking sector must grow 3-3.5 percentage points faster than nominal GDP
Updated : 7 months ago IST
For India to meet its 'Viksit Bharat' targets, banking assets need to grow at 3.0-3.5 percentage points faster than its nominal GDP, according to a report by Boston Consulting Group (BCG) in association with FICCI and Indian Banks' Association.
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Experts say India's contribution to world's growth is going to be around 2
Updated : 7 months ago IST
Noting that India is going to become world's third-largest economy very soon, Prime Minister Narendra Modi said on Saturday that experts are saying that India's contribution to the world's growth is going to be around 20% very soon and the reason behind the resilience in India's economy i
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CM Manik Saha releases vision document titled "Vikashit Tripura-2047"
Updated : 7 months ago IST
Key goals include strengthening the economy, increasing per capita income, boosting GDP, achieving 100% renewable energy use, attaining 100% literacy, promoting women's empowerment, and expanding international trade.
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Private capex outlook for FY26 lower than FY25, SBI warns of further decli
Updated : 7 months ago IST
The intended private capital expenditure (capex) for FY26 is significantly lower than the numbers of FY25, and may decline further amid the impact of US tariffs, according to a report by the State Bank of India (SBI).
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Taiwan's defence spending to touch 3.32 per cent of GDP in 2026, says Prem
Updated : 7 months ago IST
Taiwan's defence spending is set to touch 3.32 per cent of the gross domestic product (GDP) next year, according to Premier Cho Jung-tai, as reported by Focus Taiwan.
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Indian economy likely grew 6.8-7% in Q1 FY26, higher than RBI's estimate:
Updated : 7 months ago IST
The Indian economy may have registered a strong growth rate of around 6.8 per cent to 7 per cent in the first quarter of the current financial year, significantly higher than the Reserve Bank of India's estimate of 6.5 per cent, according to a report by the State Bank of India (SBI).
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Empowering Vision India 2050 - Financial Literacy is the Cornerstone for I
Updated : 7 months ago IST
Bengaluru (Karnataka) [India], August 20: India's Vision 2050 is a bold roadmap with far-reaching aspirations. At its heart lies an ambition to transform India into a developed nation by mid-century--achieving a per-capita GDP of $16,000 (PPP), fueled by AI-driven innovation, enhanced digita
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India to be least affected by tariffs: BJP national spokesperson Syed Zada
Updated : 7 months, 1 week ago IST
"A lot of people are talking about tariffs these days... I want to tell you in brief that India is such a country that is going to be the least affected by tariffs. What is the reason for that? Today, there is a 57-58% contribution of local consumption to our GDP... Whatever impact there
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India's GDP growth projected at 6.7% in Q1 FY2026 higher than RBI target o
Updated : 7 months, 1 week ago IST
India's GDP growth projection is at 6.7 per cent in the first quarter of the current financial year which is higher than the RBI estimates of 6.5 per cent, according to rating agency ICRA.
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Fiscal cost of proposed GST rate rationalisation to be manageable: Report
Updated : 7 months, 1 week ago IST
The fiscal cost of the government's proposed Goods and Services Tax (GST) rate rationalisation will remain manageable, according to a UBS report, which estimates the revenue loss to be about Rs. 1.1 trillion annually, or 0.3 per cent of GDP.
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India's current account deficit likely to widen to 1.2% of GDP in FY26: Re
Updated : 7 months, 1 week ago IST
India's current account deficit is expected to nearly double in the Financial Year 2026, rising to 1.2 per cent of GDP from 0.6 per cent in FY25, Union Bank of India said in a report.
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India should join RCEP, can target 7 pc GDP growth by focusing on East Asi
Updated : 7 months, 1 week ago IST
"I would recommend that India take a look once again at RCEP. RCEP is the 15 economies, including China, Japan, Korea, ASEAN, Australia, and New Zealand. It should be 16. India should be part of that. And that would be a very dynamic way to grow for years to come," Sachs said.
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