gdp | DD News

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...

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...

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...

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 ...

February 23, 2026 3:34 PM

Maharashtra preferred FDI hub, policy push aimed at $5-trillion economy by 2047: Governor

Maharashtra Governor Acharya Devvrat on Monday said that the state continues to be a leading destination for foreign investment, contributing over 13.5 per cent to the national GDP. He further stated that a “Vision Management Unit” has been set up to guide the state’s transition towards a $5-trillion economy by 2047. Addressing the joint session of both houses of the state legislature on the inaugural day of the budget session, the Governor said that Maharashtra received Rs 1,64,875 crore...

February 20, 2026 6:24 PM

EU, US trade pacts to help India’s growth momentum sustain for a longer period: RBI

The Indian economy continues to register high growth despite a challenging external environment clouded by geo-political uncertainties, the latest RBI Bulletin said on Friday, adding that the recent trade agreements with the European Union (EU) and an interim trade deal framework will help the growth momentum stay robust for a longer period. According to Central Bank Governor Sanjay Malhotra, benign inflation provides the leeway to remain growth-supportive while preserving financial stability. ...

February 12, 2026 6:44 PM

India urges medtech startups to go global as trade pacts open access to 70% of world GDP

India’s Commerce and Industry Minister Piyush Goyal on Wednesday urged medical technology startups to expand beyond the domestic market and tap India’s free trade agreements that now provide access to nearly 70% of global GDP, most of it at zero duty for Indian products. Speaking at the Pfizer INDovation Startup Showcase in New Delhi, Goyal said nine free trade agreements signed over the past three years cover 38 countries, including major developed and emerging markets, creating unpreceden...

February 1, 2026 2:12 PM

India’s real GDP projected to grow by 7.4% in FY 2025-26

India’s economy is projected to maintain strong growth momentum, with real GDP estimated to expand by 7.4 per cent in FY 2025-26, while nominal GDP growth is pegged at 8 per cent, according to the Macroeconomic Framework Statement tabled in Parliament along with the Union Budget for FY 2026–27. The document, presented by Union Finance Minister Nirmala Sitharaman, projects nominal GDP growth of 10 per cent in FY 2026–27 over the first advance estimates of FY26, reflecting continued strengt...

January 19, 2026 10:32 AM

India set to transition to upper middle income country by 2030: SBI Research

India is set to reach $4,000 per capita income by 2030, enabling it to transition to an upper middle-income country and join China and Indonesia in the current classification, an SBI Research report said on Monday. India took 60 years since Independence to reach a $1 trillion economy and achieved $2 trillion in another seven years, in 2014. The country reached $3 trillion in another seven years in 2021 and $4 trillion in another four years, in 2025. “India is likely to achieve $5 trillion i...