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India GDP News

20 Feb 2025

India Poised To Stay World’s Fastest Growing Economy In 2025-26: RBI Bulletin

In a challenging and increasingly uncertain global environment, the Indian economy is poised to sustain its position as the fastest growing major economy during 2025-26 as per the IMF and World Bank estimates of GDP growth of 6.5 per cent and 6.7 per cent, respectively, the report points out.

20 Feb 2025

India To Transform Into High-income Country With GDP Of $23–$35 Tn By 2047

With nearly 200 million individuals expected to enter the workforce in the coming decades, India has a unique opportunity to drive high-value job creation and unlock significant economic potential.

19 Feb 2025

SBI Pegs India’s GDP Growth At 6.3% For Q3 Of 2024-25

The SBI report released on Wednesday considers the slowdown in the second quarter (Q2) as a “blip” and states that “presuming no major revisions are announced in the erstwhile Q1 and Q2 figures by NSO, we estimate the FY25 full year GDP at 6.3 per cent.”

12 Feb 2025

Industrial Output Growth Slows To 3-month Low Of 3.2% In December

The government has also revised the November 2024 industrial output figure to 5 per cent from the provisional estimate of 5.2 per cent released in the previous month.

economic survey 2025

31 Jan 2025

Economic Survey 2025 Likely To Project 6.3-6.8 GDP Growth In FY'26

The Survey 2024-25, authored by Chief Economic Advisor V Anantha Nageshwaran and his team, will be tabled in Parliament this afternoon.

17 Jan 2025

Govt Capex, Rising Consumer Spending To Spur India's GDP Growth In 2025-26

The apex business chamber's latest economic outlook report said that on the investment front, the government’s focus on capital expenditure is expected to remain a key growth driver in the year 2025-26.

09 Jan 2025

Indian Economy Expected To Clock 6.8% Growth In 2025-26: Report

The report expects nominal GDP growth to be around 10.5 per cent during the next financial year. It highlights that key indicators of this growth include robust air passenger traffic, a rise in services PMI, and increased GST collections.

07 Jan 2025

India To Clock Faster GDP Growth For Oct-Dec, Inflation Easing: HSBC Research

As many as 65 per cent of the indicators are growing at a positive clip in the December quarter compared to 55 per cent in the previous one.

10 Dec 2024

S&P Global Ratings Projects 6.8% Growth For Indian Economy In FY25

S&P Global Ratings on Tuesday projected 6.8 per cent growth for the Indian economy in FY25, followed by 6.9 per cent growth in FY26, on the back of strong urban consumption, steady service sector growth, and ongoing investment in infrastructure.

07 Dec 2024

SBI Projects India's FY25 GDP Growth At 6.3%, Below RBI's 6.6% Forecast

In earlier years, such adjustments were common but followed a consistent pattern of downward revisions.For instance, growth forecasts for FY22 and FY23 were downgraded by an average of 90 basis points (bps).

30 Nov 2024

India's GDP Growth Slips In Q2; Experts Revise FY25 Projections

The RBI remains optimistic about the medium-term outlook, stating that the slowdown observed in the second quarter is behind the economy.

29 Nov 2024

Fiscal Deficit At 46.5% Of Full-year Target At October End

The deficit stood at 45 per cent of the Budget Estimates (BE) in the corresponding period of 2023-24.

29 Nov 2024

India's Economic Growth Slows To 5.4% In July-September 2024

India remained the fastest-growing major economy as China's GDP growth in the July-September quarter this year was 4.6 per cent.

India economic activity

21 Nov 2024

India’s Economic Activity Growth Reaches 8-Month High In October: Report

This is the highest sequential growth in any month since March 2023 (+10.5 per cent).

18 Nov 2024

India rated fastest growing G20 economy with GDP growth projected at 7%

Russia has been ranked fourth on the list with a projected GDP growth rate of 3.6 per cent, followed by summit host, Brazil (3 per cent) in the 5th spot.

15 Nov 2024

India’s Total Exports Likely To Surpass $800 Billion In Coming Months

India’s exports accelerated to over $73 billion in October from more than 61 billion in the same month last year, registering above 19 per cent growth.

14 Nov 2024

India Poised To Surpass Japan In GDP Ranking By 2025

The article, published in Japan Times, is based on discussions with some economists from Japan including Marcel Thieliant, head of Asia-Pacific for Capital Economics.

18 Oct 2024

Average GDP Growth For 21 Indian States Projected At 11.2% In FY25: NSE Study

Punjab, Kerala, Himachal Pradesh, and Tamil Nadu have allocated over 35 per cent of their revenue receipts to committed expenditure in FY25.

17 Sep 2024

State Share Of National GDP: West Bengal Saw Steepest Decline

While Maharashtra clocked broadly steady performance throughout the 1960-61 to 2023-24 period, West Bengal’s share has been in continuous decline while Tamil Nadu, after a mid-way decline, picked up post-1991, according to the EAC-PM paper.

31 Aug 2024

SBI Adjusts Full-Year GDP Growth to 7% After Q1 FY25 Hits 6.7%

According to a recent report by the State Bank of India (SBI), the moderation in India's GDP growth for the first quarter (Q1) of the financial year 2024-25 (FY25) is still higher than the average decadal growth of 6.4 per cent for Q1.

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