Economy | DD News

April 9, 2026 11:52 AM

India’s growth momentum stays strong: World Bank

India’s economy continues to maintain a strong growth momentum, driven by robust domestic demand, resilient services exports and sustained reforms, the World Bank said in its latest South Asia Economic Update. The report estimates India’s growth at 7.6 per cent for FY 2025–26, higher than earlier projections, reflecting the strength of consumption and investment activity. Private consumption remains a key driver of growth. Retail demand has stayed steady, supported by lower inflation, ta...

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...

February 26, 2026 3:59 PM

India’s GDP growth projected at 6.8–7.2% in 2026–27: EY report

India’s economy is projected to grow between 6.8 per cent and 7.2 per cent in the financial year 2026–27, supported by bilateral trade agreements with major economies and continued economic reforms, according to the latest Economy Watch report released by EY. The report said India’s medium-term growth outlook has improved amid expectations that expanding trade partnerships and domestic reforms will help offset global uncertainties, including those arising from recent tariff-related develo...

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 29, 2025 9:24 PM

India poised to become $26 trillion economy by 2047–48: EY report

Even while maintaining a stable yet moderate growth rate averaging around 6 per cent per annum, India is projected to become a $26 trillion economy by 2047–48, with per capita income exceeding $15,000 — nearly six times the current level — according to a report by Ernst & Young (EY). The report said several key growth enablers uniquely position India to strengthen its standing in the global economy over the next decade and beyond. India is expected to overtake Germany and Japan to bec...

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 9, 2025 1:36 PM

HSBC launches Innovation Banking in India, allocates $1 billion to support startups

HSBC India on Thursday announced the launch of its ‘Innovation Banking’ in India, which offers banking and financing solutions to support entrepreneurial businesses throughout their lifecycle, from seed to IPO, as well as their investors. The bank plans to allocate $1 billion in non-dilutive debt capital to support Indian startups. The funding targets growth of companies from early- to late-stage in scaling their operations without diluting equity, helping founders and investors to retain g...

September 19, 2025 4:19 PM

Blue Economy is central to India’s growth: PM Modi

Prime Minister Narendra Modi on Friday said that the Blue Economy is central to India’s growth strategy, combining prosperity, sustainability, and national strength. Responding to an article by Union Minister of State Dr. Jitendra Singh on X, PM Modi highlighted that initiatives such as Sagarmala, Deep Ocean Mission, and Harit Sagar Guidelines are harnessing ocean resources, empowering communities, driving innovation, and strengthening India’s leadership in global ocean governance. The art...

September 15, 2025 3:53 PM

Sustainability is non-negotiable in India’s growth journey: Piyush Goyal

Union Minister of Commerce and Industry Piyush Goyal on Monday reaffirmed India’s commitment to sustainability, calling it a “non-negotiable” pillar of the country’s growth story. Speaking at the inauguration of the International Electrotechnical Commission (IEC) General Meeting Exhibition organized by the Bureau of Indian Standards (BIS), Goyal emphasized that India’s development model is rooted in harmony with nature and long-term environmental responsibility. “Every Indian intri...