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New Delhi: Crisil on Thursday forecast India’s gross domestic product (GDP) growth at 6.5 per cent in fiscal 2026, adding that improving domestic consumption is likely to support industrial activity. “We expect domestic consumption demand to improve driven by healthy agricultural growth, easing inflation supporting discretionary spend, rate cuts by the Reserve Bank of India…
New Delhi: Ahead of Union Budget on February 1, about 64 per cent of industrialists expressed optimism regarding India’s growth in a “quick survey” conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI). According to the survey results, nearly 60 per cent of participants projected a GDP growth rate between 6.5 and…
New Delhi: 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 IMF added, “In India, growth is projected to be solid at 6.5 percent in 2025 and 2026, as projected in October and…
New Delhi: The Federation of Indian Chambers of Commerce and Industry (FICCI) is optimistic about India’s economic outlook for 2025-26 as it expects the Government’s continuing thrust on capital expenditure and an increase in consumer spending to drive growth despite the external headwinds. The apex business chamber’s latest economic outlook report said that on the…
mumbai: India’s GDP growth is set to further improve in the second half this year due to macroeconomic stability, supported by significant foreign exchange reserves and a regulated twin deficit, according to a Motilal Oswal Private Wealth (MOPW) report released on Wednesday. The report expects India to continue to be among the highest growing major…
New Delhi: India is projected to witness 6.5 per cent real GDP growth in the current and next fiscal (FY25 and FY26), according to a report on Wednesday, which is in line with the expectation amid a resilient economy and strong fundamentals. The latest ‘EY Economy Watch December 2024’ projected that combining the real GDP…
Last Updated:December 05, 2024, 6:01 PM IST RBI MPC Meeting December 2024: Investors will closely watch the central bank’s decision on repo rate and CRR as well as other liquidity measures, apart from its latest FY25 projections on inflation and GDP growth. RBI MPC Meeting December 2024: Most analysts expect a status quo on the…
With India logging disappointing growth in the July-September quarter, Crisil now expects GDP growth to slow to 6.8 per cent this financial year 2024-25. Last year, India grew at 8.2 per cent. According to the rating agency Crisil, the growth is weighed down by high interest rates and low fiscal impulse. “Risks are tilted toward…
New Delhi: The Reserve Bank of India (RBI) is expected to maintain its policy rate during its upcoming meeting next week, as GDP growth slowed significantly in the second quarter of FY25. However, the likelihood of a rate cut in February has increased, according to a report by HDFC Bank. The country’s GDP growth for…
Last Updated:November 30, 2024, 09:30 IST Real GDP growth print of 5.4 per cent is on the lower side and it is disappointing, but there are some bright spots, says Chief Economic Advisor V Anantha Nageswaran. Chief Economic Advisor V Anantha Nageswaran says agriculture and allied sector and construction sector are some of the bright…