Search For "gross domestic product"
India's GDP projected to grow 7.1% in fiscal 2027 amid global uncertaintie
Updated : 6 days, 18 hours ago IST
India's real gross domestic product (GDP) growth is expected to moderate to 7.1 per cent in fiscal 2027 from 7.6 per cent in the previous year, according to a report by Crisil Intelligence.
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India's third-quarter GDP for FY26 likely at 8.3% despite adverse base eff
Updated : 6 days, 17 hours ago IST
The country's Gross Domestic Product (GDP) growth for the third quarter of the current financial year (Q3 FY26) is likely to remain elevated at 8.3 per cent despite an adverse base effect, according to a report by Union Bank of India.
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India has doubled climate spending to 5.6% of GDP, says Finance Minister S
Updated : 6 days, 17 hours ago IST
India has significantly increased its financial commitment to fighting climate change, with spending on climate action rising from 3.7 per cent of the Gross Domestic Product (GDP) six years ago to nearly 5.6 per cent today. Union Finance Minister Nirmala Sitharaman shared these figures while
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Economists back RBI's wait-and-watch stance, say it reflects growth confid
Updated : 6 days, 17 hours ago IST
Principal Economist at Crisil, said the Monetary Policy Committee's (MPC) decision was in line with expectations and underscored a cautious wait-and-watch approach. She noted that the MPC is factoring in a likely rise in inflation in the first half of the next fiscal year even as growth rema
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Except F&O, STT rates remain same for others: Income Tax Dept on rate hike
Updated : 1 month, 2 weeks ago IST
It said the total volume of transaction in options and futures is more than 500 times of Indian Gross Domestic Product (GDP). "In Rupee terms, our GDP is 300 lakh crore rupees, while the volume for options and futures is more than 1.5 lakh lakh crore rupees. Therefore, there is justificat
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Taiwan's economic growth hits 15-year high of 8.63% in 2025
Updated : 1 month, 2 weeks ago IST
Taiwan's gross domestic product (GDP) increased an estimated 8.63 per cent in 2025 from a year earlier, marking its strongest growth in 15 years. According to a report by Focus Taiwan, the economic expansion was primarily driven by a surge in exports and rising demand for artificial intellig
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"AI is recommendation system but data is decision-maker system": Chairman
Updated : 1 month, 3 weeks ago IST
"Different people mean different things when they say use of AI. AI, what I would call is a recommendation system where you explore and it may throw up things which you have not thought of. But data is a decision-maker system, we are still far away from that," he said urging the need to work
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States' fiscal deficit increases to 3.3% in 2024-25, after remaining below
Updated : 1 month, 3 weeks ago IST
States' consolidated gross fiscal deficit increased to 3.3 per cent of gross domestic product (GDP) in 2024-25, after remaining below 3.0 per cent during the previous three consecutive years, Reserve Bank's annual publication "State Finances: A Study of Budgets" noted.
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Base year revision of key indicators to support better-calibrated monetary
Updated : 2 months ago IST
Reserve Bank of India (RBI) Governor Sanjay Malhotra, has welcomed National Statistical Office (NSO) under Ministry of Statistics and Programme Implementation's (MoSPI) base year revision of key economic indicators -- Consumer Price Index (CPI), Gross Domestic Product (GDP), and Index of Ind
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India to remain fastest-growing large economy, touch $26 trillion by 2047:
Updated : 2 months, 3 weeks ago IST
India is well poised to remain the fastest-growing large economy in the world over the coming decades, with its Gross Domestic Product projected to reach USD 26 trillion in market exchange rate terms by 2047-48, according to EY's report 'India@100: Realizing the potential of a USD 26 trillio
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MSME facilitation, better infra key to unlock tourism growth: Crisil
Updated : 2 months, 3 weeks ago IST
In 2024, tourism was the country's largest non-farm employer engaging more than 13% of the workforce and recording 2.96 billion tourist visits. The significant scale, however, did not translate to economic value addition as the sector accounted for only ~5% of the gross domestic product, wel
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Pre-release workshop on CPI, GDP and IIP base revision to be held in Mumba
Updated : 3 months, 3 weeks ago IST
The Ministry of Statistics and Programme Implementation (MoSPI) will hold a Pre-Release Consultative Workshop on the Base Revision of the Consumer Price Index (CPI), Gross Domestic Product (GDP), and Index of Industrial Production (IIP) on November 26, 2025, in Mumbai. The event aims to shar
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