Tag Archives: Indian economy

For India to achieve its goal of becoming a $ 7-trillion economy by 2030, the country needs to strengthen its industrial sector, according to Smadja. (AI image) India overtaking Japan to become the fourth largest economy soon is not something to be complacent about, World Economic Forum’s (WEF) former MD Claude Smadja has said. Giving a reality check, Claude Smadja …

The government has pegged the full fiscal year GDP growth at 6.5% provisionally. (AI image) India Q4 GDP data: The Indian economy grew at a better-than-expected rate of 7.4% in the fourth quarter of FY 2024-25. The government has pegged the full fiscal year GDP growth at 6.5% provisionally. While the economy has picked up pace quarter-on-quarter, the full year …

India will still retain the tag of being the fastest growing major world economy with a GDP growth rate of 6.2% for 2025. (AI image) India will become the world’s fourth largest economy by the end of 2025 (FY 2025-26), according to the International Monetary Fund (IMF’s) World Economic Outlook report for April 2025. The IMF measures the size of …

Trump declared a 90-day suspension of his planned reciprocal tariffs on global trading partners last month. India-US trade deal: India has proposed reducing its tariff differential with the United States to under 4% from the current 13%, seeking exemption from President Donald Trump‘s existing and future tariff increases, two sources familiar with the negotiations between both nations told Reuters. India …

S&P had earlier adjusted India’s growth outlook for 2025-26 downward to 6.5 per cent from 6.7 per cent. (AI image) S&P Global Ratingshas reduced India’s GDP growth projection to 6.3 per cent for 2025-26, marking a 20 basis points decrease, whilst the forecast for 2026-27 has been lowered by 30 basis points to 6.5 per cent.It had earlier adjusted India’s …

Photo: Ministry of Finance Nirmala Sitharaman, the Union minister for finance and corporate affairs has emphasized that India’s growth potential is recognised by institutions like World Bank and International Monetary Fund. India’s importance in supporting global trade was also highlighted by Sitharaman.FM Sitharaman is on a visit to US and Peru, where she would have a series of talks with …

New Delhi: The Centre’s fiscal deficit until February in this financial year touched 85.8% of the revised annual target, compared with 86.5% a year before, thanks to tight spending, particularly capital expenditure, showed official data released on Friday.The data bolsters chances of the government meeting its fiscal deficit target of 4.8% of gross domestic product (GDP) in 2024-25, despite low …

Whilst the most severe phase of the slowdown appears to be over, Goldman Sachs advises investors to remain vigilant regarding market volatility. (AI image) Goldman Sachs has said the worst is likely over for the Indian economy. In a recent report the global financial firm has said that India has likely moved past its most challenging period of economic slowdown …

Fitch expects India’s GDP growth to strengthen further in the last quarter of FY25. (AI image) The Indian economy is ‘somewhat insulated’ from the impact of high US tariffs, Fitch has said in its latest Global Economic Outlook report. Fitch sees the Indian economy growing at 6.5% in the upcoming financial year, with a slight slow down in the subsequent …

“The world today makes business decisions factoring in national security,” said Jaishankar. External affairs minister S Jaishankar has said that trade and business dealings between major economies are no longer just about cost, but also comfort and trust. Speaking at the Raisina dialogue in Delhi, S Jaishankar said that non-economic factors are increasingly influencing business decisions. Asked how he views …