Mumbai (Maharashtra) [India], November 3: India's economy continues to outpace many developed markets, with an annual growth forecast of 6% to 7%, compared to 2% or less for developed economies (Bain & Company, 2024). This robust economic backdrop has fueled a surge in M&A activity. While gl
The International Monetary Fund (IMF) on Tuesday revised India's growth forecast for the fiscal year 2025-26 (FY26) upward to 6.6%, a 0.2 percentage point increase from its previous estimate of 6.4%.
Fitch Ratings has revised its global GDP growth forecast moderately upward to 2.4 per cent for 2025, an increase of 0.2 percentage points from the June outlook.
Chief Economic Adviser V Anantha Nageswaran on Friday said India's domestic consumption growth can offset the US tariff-related losses, which is why the GDP estimates for the year 2025-26 haven't been revised downwards.
The government-supported Industrial Technology Research Institute (ITRI) has raised its forecast for 2025 growth in the output value of Taiwan's semiconductor industry to above 22 per cent on strong global demand for artificial intelligence applications, Focus Taiwan reported.
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.
ICRA has revised its revenue growth forecast for the Indian construction industry in FY2026 to 6 to 8 per cent, down from its earlier projection of 8-10 per cent.
Taiwan Semiconductor Manufacturing Co. (TSMC) has increased its U.S. dollar-based sales growth forecast to 30 per cent, up from the previous estimate of 24-26 per cent, driven by robust demand for its cutting-edge process technologies, Focus Taiwan reported.
According to a recent report by ICRA it reveals that, intensifying risks such as geopolitical tensions in West Asia, volatility in financial markets, and uncertain trade policies are likely to pose downside risks to the India's GDP growth forecast.
S&P Global has revised its Gross Domestic Product (GDP) growth forecasts for India upwards for both 2025 and 2026, citing resilient domestic demand as a key driver.
India's automobile industry has had a slow start to FY26, with demand across key segments such as two-wheelers (2Ws) and passenger vehicles (PVs) remaining weak during the first two months of the fiscal year.