UBI stated, "MPC revised FY25 growth projection to 6.4 per cent from 6.6 per cent previously even as it projects recovery to 6.7 per cent in FY26. We see downside risk to 6.4 per cent growth forecast for FY25 as it assumes Dec'24 quarter growth above 6.5 per cent while its tracking close to
The International Monetary Fund (IMF) retained India's growth forcastat 6.5 per cent for for fiscal 2026 and fiscal 2027, the global economic body said in its World Economic Outlook report.
The State Bank of India (SBI) has revised its forecast for India's GDP growth in FY25 to 6.3 per cent, slightly lower than the National Statistical Office's (NSO) estimate of 6.4 per cent.
New Delhi [India], December 27: Synergy Steels, one of India's leading stainless-steel manufacturers, commends the remarkable growth forecast in the real estate and infrastructure development sectors. According to the joint report by The Confederation of Indian Industry (CII) and Knight Fran
The robust growth forecast follows an impressive 18 per cent expansion in FY2024, which was primarily driven by rising gold prices despite subdued volume growth. The sharp 900 basis points reduction in import duty on gold, implemented in July 2024, temporarily lowered gold prices, spurring p
The downward revision from the rating agency came soon after the Reserve Bank in its latest monetary policy cut growth forecast to 6.6 per cent from 7.2 per cent.
S&P Global Ratings on Monday retained India's GDP forecast for the current financial year 2024-25 at 6.8 per cent while cutting economic growth forecasts for the next two years.
Without changed policies, Belgium risks its budget deficit rising to 4.9 per cent of GDP in 2025, the European Commission has warned in its new economic growth forecast.
India's economy is expected to grow by 6.9 per cent in the second quarter of the current financial year, surpassing the 6.7 per cent growth rate recorded in the first quarter, highlighted a report by Bank of Baroda.
The World Bank has raised India's economic growth forecast from 6.6 per cent to 7.0 per cent for the financial year 2024-25 citing the growth of agriculture output and policies as a major factor contributing to the employment growth in the economy.
A significant factor bolstering this positive outlook is the reduction in deal leakages compared to FY24, signaling stronger operational momentum for the sector.
Out of the 25 economists who provided full-year growth forecasts in the previous quarterly survey, 16 of those lowered their predictions, while nine maintained the same expectations. However, the overall range of growth predictions over the Chinese shifted downward.