Economic Growth

October 7, 2026 11:24 AM

RBI raises FY27 GDP growth projection by 40 bps to 7.1%

Reserve Bank of India Governor Sanjay Malhotra on Wednesday raised the central bank's real GDP growth projection for the current financial year 2026-27 by 40 basis points to 7.1 per cent, citing the resilience of domestic economic activity despite global headwinds. Announcing the outcome of the RBI Monetary Policy Committee meeting, Malhotra said geopolitical tensions, elevated international commodity prices, additional frictions in global trade and tightening global financial conditions co...

October 6, 2026 12:54 AM

Development must not destroy heritage that gives identities to citizens, communities: Shekhawat

Development must not destroy the very heritage that gives identities to citizens and communities, Union Culture Minister Gajendra Singh Shekhawat said on Monday, as he pitched for giving cultural capital its “rightful place” in the architecture of economic policy. In his keynote address at Kautilya Economic Conclave — a gathering of financial policymakers and experts — in Delhi, he further said, “We must create a model in which development protects heritage, and heritage enriches deve...

October 1, 2026 1:00 PM

India’s economy likely to grow 7.3% in Q2 FY27: Finance Ministry

India’s economy is expected to grow by 7.3 per cent in the second quarter of FY27, supported by resilient domestic demand and investment, even as higher oil prices, tighter global financial conditions and trade uncertainties pose challenges to sustaining the growth momentum, the Ministry of Finance said in its Monthly Economic Review for September 2026. The review said the economy entered the second quarter from a position of strength after recording 7.8 per cent growth in Q1 FY27, the highes...

September 17, 2026 10:14 PM

PM Modi taking India towards league of developed nations: Chandrababu Naidu

Andhra Pradesh Chief Minister N. Chandrababu Naidu said on Thursday that Prime Minister Narendra Modi is taking India towards the league of developed nations. Participating in the Varanasi–Vadnagar Seva Sankalp Abhiyan programme in Varanasi on Thursday to mark Prime Minister Narendra Modi’s 25 years in public service, he said PM Modi believes that serving the people is serving the nation. According to a release by the Telugu Desam Party (TDP), Chandrababu Naidu called Kashi the karmabhoomi...

September 6, 2026 1:16 AM

At SRCC’s Centenary, PM Modi Highlights India’s Rise, Urges Youth to Dream Bigger

Prime Minister Narendra Modi participated in the centenary celebrations of Shri Ram College of Commerce (SRCC) on Saturday. Addressing the gathering, he described the occasion as historic for both the college and the nation’s education sector, as multiple generations came together to mark the milestone. “I pay tribute to the founder Shri Ram ji and bow to his vision,” remarked PM Modi. “When an institution turns 100, it becomes an ocean of achievements and inspirations,” PM Modi said...

July 19, 2026 5:04 PM

PM Modi shares FM Sitharaman’s article on how traditional Indian craftsmanship can drive economic growth

Prime Minister Narendra Modi on Sunday shared an article written by Union Finance Minister Nirmala Sitharaman, highlighting how India's traditional craftsmanship can become a major driver of economic growth through innovation, global partnerships and improved market access. In a post on X, the Prime Minister said, "Union Minister Smt. Nirmala Sitharaman highlights how traditional Indian craftsmanship can drive economic growth through innovation and global partnerships. The 'One District, One Pr...

June 5, 2026 5:17 PM

India’s economy grows 7.7% in FY 2025-26; Q4 growth accelerates to 7.8%

India's economy expanded by 7.7 percent in real terms during the financial year 2025-26, while growth accelerated to 7.8 percent in the January–March quarter, according to the Provisional Estimates of Gross Domestic Product (GDP) released by the Ministry of Statistics and Programme Implementation (MoSPI) on Friday. The latest figures indicate an improvement over the 7.1 percent real GDP growth recorded in FY 2024-25, reflecting continued momentum across agriculture, manufacturing, constructio...

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...