Trump's tariff on trade action has forced a downward revision in India's real GDP growth forecasts; now pegged at 6.5% year-on-year for calendar year (CY) 2025 and 6.4% for 2026, a reduction of 0.1 and 0.2 percentage points, respectively.
Despite the uncertain global trade environment due to ongoing tariff announcements and trade negotiations, the Reserve Bank of India (RBI) has kept the GDP growth projection for the current financial year 2025-26 unchanged at 6.5 per cent.
India is set to play a bigger role in the global economy over the coming decades, noted a recent report by Morgan Stanley. The report says with the expectation of India's credit to GDP rising and manufacturing gaining a bigger share in GDP, country's role in global economy will significantly
The Reserve Bank of India (RBI) is expected to announce a 25 basis points (bps) repo rate cut in the upcoming Monetary Policy Committee (MPC) meeting scheduled from August 5 to 7, according to a report by the State Bank of India (SBI).
India's not giving market access to the United States (U.S.) in the agriculture and Dairy products sectors is likely to be the reason for not reaching on a trade agreement, noted S &P Market Intelligence report released on Friday.
The Indian Rupee is likely to weaken further to 88.5 per U.S. dollar following the imposition of fresh tariffs by U.S. President Donald Trump, according to a report by ICICI Bank.
Global Capability Centres (GCCs) are set to contribute 2 per cent of India's GDP and generate 2.8 million jobs by 2030, emerging as a key growth and employment generator, according to a report by ACCA (the Association of Chartered Certified Accountants).
India is projected to maintain a steady 6-6.5 per cent year-on-year real GDP growth in FY26, supported by resilient domestic demand and potential relief from softer global crude oil prices, despite pressures from recent tariff hikes, according to a UBS report.
Singapore, July 24: Mobile technologies and services contributed US $950 billion to Asia Pacific's economy in 2024 - 5.6% of regional GDP - according to the Mobile Economy Asia Pacific 2025 report released today by the GSMA at the Digital Nation Summit Singapore. This figure is forecasted to
India Ratings and Research (Ind-Ra) has slashed India's GDP projections for 2025-26 to 6.3 per cent, a 30 basis points lower than its earlier forecast of 6.6 per cent in December 2024.
New Delhi [India], July 22: A global study released by The Economist Impact, supported by Haleon, reveals that India's healthcare future hinges on one powerful lever: health literacy. The findings of the Health Inclusivity Index, which analyzed 40 countries, looking at groups such as people
The credit provided by Non-Banking Financial Companies (NBFCs) in India has seen a sharp rise over the years, with NBFC credit to GDP increasing to 26 per cent in FY25, up from 16 per cent in FY19, according to a report by Ionic Wealth.