Economic Growth

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...

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, ...