India's telecom and agriculture sectors are among the worst-affected sectors by the US President Donald Trump's tariffs, highlighted the data shared by a report of EY.
The US stock markets tanked more than 5 per cent on Friday after Donald Trump's reciprocal tariffs sparked fear among investors of a global economic recession.
India at forefront of providing growth engine to world and contributing 16 per cent of world's overall growth, says Union Minister Commerce & Industry Piyush Goyal.
After the economic survey projects that the country's growth in FY26 is expected to remain in the range of 6.3 per cent to 6.8 per cent, a report by PwC stated that there are downside risks to the growth from the external factors.
India's economy is projected to grow between 6.3 per cent and 6.8 per cent in FY26, according to the Economic Survey 2024-25, tabled in Parliament on Friday.
The UAE's industrial sector has witnessed a significant surge in financing, driven by robust support from both government and private entities. This collaborative effort plays a crucial role in propelling industrial growth and achieving the ambitious targets outlined in the "Operation 300 Bi
Despite a slowdown in real GDP growth and stagnant nominal GDP growth, per capita nominal GDP is expected to rise significantly in FY25, according to a report by the State Bank of India (SBI).
India's real GDP growth is projected to remain steady at 6.5 per cent for the financial years 2025 and 2026, according to the latest EY Economy Watch report.
The fiscal deficit of the central government is projected to be 4.8 per cent of GDP for FY25, slightly below the budgeted estimate of 4.9 per cent, according to a report by Care Edge Ratings. The marginal improvement is attributed to healthy tax collections, despite certain shortfalls.
India's economy is on track to surpass the USD 7 trillion mark by 2030 even under the conservative growth estimates, according to Arvind Panagariya, Chairman of the 16th Finance Commission.