India Among Fastest-Growing Major Economies with 6.4% GDP Growth Projected for FY27: IMF

July 9, 2026 10:43 AM

India Among Fastest-Growing Major Economies with 6.4% GDP Growth Projected for FY27: IMF

India will remain among the world's fastest-growing major economies, with its GDP projected to expand by 6.4 per cent in FY2026-27, supported by strong private consumption and robust services sector activity, according to the International Monetary Fund's (IMF) July 2026 World Economic Outlook (WEO) Update. The IMF said India continues to outperform most major economies despite an expected moderation in global growth amid trade disruptions and geopolitical uncertainties. Globally, economic gro...

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

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...

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

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...

Centre revises GDP release schedule; annual and Q4 estimates to be announced on June 5

May 13, 2026 11:39 AM

Centre revises GDP release schedule; annual and Q4 estimates to be announced on June 5

The National Statistics Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI) has revised the release schedule for India’s Provisional Estimates (PE) of Annual Gross Domestic Product (GDP) and the GDP estimates for the fourth quarter (Q4) of every financial year. Under the revised schedule, the GDP data, which was earlier released on the last working day of May, will now be published on June 7 every year, or on the previous working day if June 7 falls on a holiday...

Iran war pushing more than 30 million back into poverty, UN development chief says

April 23, 2026 4:26 PM

Iran war pushing more than 30 million back into poverty, UN development chief says

More than 30 million people will be pushed back into poverty by the impacts of the Iran war including disruptions to fuel and fertiliser supplies just as farmers are planting crops, U.N. development chief Alexander De Croo said on Thursday. Fertiliser shortages - worsened by the blocking of cargo vessels through the Strait of Hormuz - have already lowered agricultural productivity, the Administrator of the United Nations Development Programme (UNDP) told Reuters. That would likely hit crop yie...

Tripura emerges fastest-growing economy in NE, attracts Rs 2,000 cr investment interest at Bengaluru conclave

April 11, 2026 11:16 AM

Tripura emerges fastest-growing economy in NE, attracts Rs 2,000 cr investment interest at Bengaluru conclave

Tripura has emerged as one of the fastest-growing economies in the Northeastern region, with GDP performance comparing favourably with other states, a top official said. Tripura Industries and Commerce Department Secretary Kiran Gitte, while addressing a Business Conclave in Bengaluru, said on Friday that sustained public investment, improved governance outcomes, and a growing focus on private sector participation are steadily reshaping perceptions about the state's economic potential. Addres...

India on path to become global pharma and MedTech powerhouse, says Jitendra Singh

March 22, 2026 1:36 PM

India on path to become global pharma and MedTech powerhouse, says Jitendra Singh

Union Minister Dr. Jitendra Singh on Saturday said that India is steadily evolving into a robust pharmaceutical economy, which could become a significant contributor to the country’s overall GDP. Addressing a 'Healthcare Summit' here, the minister stated that the nation’s pharmaceutical, medtech, and manufacturing ecosystem is positioning India as a key global manufacturing hub—particularly in high-quality, affordable healthcare solutions. He noted that the discussions revolved around tw...

Fitch raises India growth forecast to 7.5% despite geopolitical tensions

March 13, 2026 10:56 PM

Fitch raises India growth forecast to 7.5% despite geopolitical tensions

India’s GDP is expected to grow 7.5 per cent in the fiscal year ending March 2026 higher than 7.4 per cent forecasted earlier, due to resilient domestic demand even as activity showed tentative slowing in January and February, a report said on Friday. Credit rating agency Fitch Ratings said domestic demand will drive the growth, with consumer spending and investment expected to expand by 8.6 per cent and 6.9 per cent, respectively, in FY26. High frequency indicators including GST collections...

NMP 2.0 could add ₹40 lakh crore to GDP over next decade: NITI Aayog report

February 24, 2026 12:27 PM

NMP 2.0 could add ₹40 lakh crore to GDP over next decade: NITI Aayog report

The government’s asset monetisation initiative under the National Monetisation Pipeline (NMP) 2.0, launched by Finance Minister Nirmala Sitharaman on Monday, is expected to increase India’s gross domestic product (GDP) by around ₹40 lakh crore over the next 5-10 years, according to a report by NITI Aayog. The report said asset monetisation is expected to play a key role in boosting infrastructure investment and supporting economic growth by unlocking value from existing public assets and ...