Economic Growth

May 29, 2026 12:38 PM

RBI sees India’s growth resilient at 6.9 percent in FY27 despite West Asia conflict risks

India's economy is expected to remain resilient in 2026-27 despite rising geopolitical tensions and inflationary risks emanating from the West Asia conflict, the Reserve Bank of India (RBI) said in its Annual Report 2025-26. The central bank projected India's real GDP growth at 6.9 per cent for 2026-27, while warning that inflationary pressures could intensify due to elevated crude oil prices, supply disruptions and global uncertainty. "Against the backdrop of a moderate global growth, the out...

March 3, 2026 2:22 PM

PM Modi calls for manufacturing push, sustainability focus in post-Budget webinar

Prime Minister Narendra Modi on Tuesday said this year’s Union Budget reinforces the government’s commitment to sustaining and strengthening economic growth, urging industry and stakeholders to seize emerging global opportunities. Addressing the second installment of the post-Budget webinar series on the theme “Sustaining and Strengthening Economic Growth,” the Prime Minister underlined that India’s direction and resolve are clear - “Build more, produce more, connect more, export mo...

January 2, 2026 3:35 PM

India’s nominal GDP growth to improve to 11% in FY27: Report

India’s nominal GDP growth is expected to improve to around 11 per cent in FY27, with real GDP growth projected at 7.2 per cent, supported by domestic credit-led consumption and continued policy support, according to a report released on Friday. The report by SBI Mutual Fund said it remains “constructive on growth” over the medium term, with structural reforms and premiumisation shaping the outlook. However, it cautioned that a global economic slowdown and geopolitical tensions remain key...

December 30, 2025 5:02 PM

PM Modi highlights landmark reforms of 2025 driving India’s growth journey

Prime Minister Narendra Modi on Tuesday said that 2025 marked a defining phase in India’s reform journey, with pathbreaking policy changes across sectors accelerating growth and strengthening the foundations of a Viksit Bharat. In a LinkedIn post, the Prime Minister said that “India has boarded the Reform Express,” driven by the country’s youthful demography, entrepreneurial energy and the indomitable spirit of its people. He noted that India’s rise as a centre of global attention ste...

December 23, 2025 11:10 AM

Indian economy poised for strong growth despite global headwinds: RBI Governor

Despite an unfavourable and challenging global environment, the Indian economy has demonstrated remarkable resilience and is poised to register robust growth, Reserve Bank of India (RBI) Governor Sanjay Malhotra said. “The headroom provided by the inflation outlook has allowed us to remain growth-supportive,” Malhotra said in the RBI’s December Bulletin. He added that the central bank would continue to meet the productive requirements of the economy in a proactive manner while ensuring ma...

December 17, 2025 5:39 PM

State-led reforms vital for higher education; India remains a bright spot amid global uncertainty: CEA Nageswaran

Chief Economic Adviser (CEA) V. Anantha Nageswaran on Wednesday said the next phase of reforms in India’s higher education sector must be led by states, while underscoring that the country continues to remain a bright spot in the global economy despite external uncertainties. Speaking at the CII Global Higher Education Summit in New Delhi, Nageswaran said states have a critical role to play in strengthening higher education by shifting from a model of control to one of stewardship. He emphasi...

December 4, 2025 1:25 PM

Fitch raises India’s FY26 GDP growth forecast to 7.4% on strong consumption, tax reforms

Fitch Ratings on Thursday revised India’s GDP growth forecast for FY26 to 7.4%, up from its earlier estimate of 6.9%, citing strong domestic demand and the positive impact of recent tax reforms. The global rating agency said private consumption remains the primary engine of growth this fiscal year, supported by “strong real income dynamics, improved consumer sentiment, and the benefits of goods and services tax reforms.” It added that robust household spending has kept economic momentum f...

October 30, 2025 8:52 PM

Northeast’s bio-potential can drive India’s economic growth: Jitendra Singh

Union Minister of State (Independent Charge) for Science & Technology and Earth Sciences Dr. Jitendra Singh on Thursday said that the Northeast’s vast bio-potential holds immense promise for India’s economic ascent, emphasizing that technology-driven interventions are transforming rural livelihoods across the region. The Minister was addressing the Stakeholder-cum-Awareness Meet and Distribution of Quality Planting Materials under the CSIR-Aroma Mission and CSIR–Floriculture Mission, ...

October 17, 2025 10:48 PM

Today, India’s growth is shaping global opportunities: PM Modi

Prime Minister Narendra Modi on Friday addressed the NDTV World Summit 2025 in New Delhi, delivering a wide-ranging speech that underscored India’s economic transformation, democratic reforms, and growing global stature. Extending Diwali greetings to the nation, the Prime Minister lauded the summit’s theme, “Unstoppable India,” calling it “timely and apt” for a country “in no mood to stop.” PM Modi contrasted India’s position before 2014 with its current standing, recalling ho...

October 14, 2025 2:14 PM

India’s WPI Inflation remains subdued at 0.13% in September

India’s annual rate of inflation based on the Wholesale Price Index (WPI) eased to 0.13 per cent in September, down from 0.52 per cent in August, according to data released by the Ministry of Commerce and Industry on Tuesday. The decline was driven largely by falling food and fuel prices. Food prices dropped by 1.38 per cent, supported by higher crop yields and adequate buffer stocks of wheat and rice. Fuel inflation remained in the negative zone at 2.58 per cent, with petrol, diesel, and nat...