The domestic GDP growth in the first half of the current financial year, FY26, is expected to come in at 7.6 per cent, higher than the 6.1 per cent recorded during the same period last year, as highlighted in a report by ICICI.
India's retail inflation is expected to rise after December this year and average around 4.5 per cent in the next financial year (FY27), according to a new report by ICICI Bank.
The correction in gold will be short-term and prices could trade in the USD 3050/ounce (oz) to USD 3250/oz range in the second quarter of 2025, according to a report by ICICI Bank Global Markets.
The quick commerce sector will be a key beneficiary of the income tax cut announced in the Union Budget 2025, as it will trigger strong consumption growth among middle-class consumers, an ICICI Securities report anticipated.
The rural demand and government spending will be key drivers of India's economic growth in the second half of the current financial year (October-March FY25), according to a report by ICICI Bank.