Economy | DD News

September 11, 2026 5:51 PM

India’s coastline must be seen as integrated space of ecology, security and economy: Jitendra Singh

Union Minister of State (Independent Charge) for Science & Technology and Earth Sciences Jitendra Singh on Friday called for an integrated approach to India's coastline, saying coastal ecology, security, economic development, technology and human development must be addressed as interconnected priorities. Virtually addressing the National Conference on Coastal Ecology, Security and Sustainability (CCESS) 2026, Singh said India's 11,000–12,000-km coastline offers significant opportunities ...

August 5, 2026 5:19 PM

Economists back RBI’s neutral stance, see lower inflation and stable rates supporting growth

Economists broadly welcomed the Reserve Bank of India’s (RBI) decision to keep the policy repo rate unchanged at 5.25 per cent and retain a neutral stance, saying easing inflation risks, improving capital inflows and adequate liquidity provide room for the central bank to remain on pause while closely monitoring global uncertainties. The Monetary Policy Committee (MPC) also raised its FY27 growth forecast to 6.7 per cent and lowered its inflation projection to 5.0 per cent, citing resilient d...

July 19, 2026 4:01 PM

Rs 8,300-crore Rameshwar-Paradeep Coastal Highway to boost Odisha’s tourism, connectivity and economy

Odisha's coastline is set for a major infrastructure upgrade with the construction of the 160.18-km Rameshwar–Paradeep Coastal Highway, a project expected to significantly improve connectivity while giving a major boost to religious tourism, coastal tourism and economic development across the state's coastal belt. The Ministry of Road Transport and Highways (MoRTH) will develop the project at an estimated cost of ₹8,300.79 crore. The highway will pass through Khurda, Puri, Kendrapada and Ja...

July 15, 2026 11:03 AM

China’s Q2 economic growth cools to 3-1/2-year low as imbalances worsen

China's economy expanded at its slowest pace in over three years in the second quarter, with weak household consumption clouding strong manufacturing and exports and intensifying concerns over the long-term sustainability of its unbalanced growth model. At 4.3%, gross domestic product growth in April-June eased from the first quarter's 5.0%, landing below the lower end of China's 4.5%-5.0% full-year target and missing forecasts. Attention is now turning to the Communist Party Politburo...

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...