RBI pegs India’s GDP growth at 6.5% for 2025-26

June 6, 2025 12:14 PM

RBI pegs India’s GDP growth at 6.5% for 2025-26

The Reserve Bank of India (RBI) has projected India’s Gross Domestic Product (GDP) growth at 6.5 per cent for 2025-26, with domestic economic activity showing resilience on the back of a strong agriculture sector, industry picking up, and the services sector expected to maintain momentum. The quarterly growth rates projected for the financial year are: Q1 at 6.5, Q2 at 6.7, Q3 at 6.6 and Q4 at 6.3 per cent. “The provisional estimates released by the National Statistical Office (NSO) placed...

Crisil pegs India’s GDP growth at 6.5% in fiscal 2026

May 29, 2025 11:58 AM

Crisil pegs India’s GDP growth at 6.5% in fiscal 2026

Crisil on Thursday forecast India’s gross domestic product (GDP) growth at 6.5 per cent in fiscal 2026, adding that improving domestic consumption is likely to support industrial activity. “We expect domestic consumption demand to improve driven by healthy agricultural growth, easing inflation supporting discretionary spend, rate cuts by the Reserve Bank of India (RBI)’s Monetary Policy Committee (MPC) and income tax relief this fiscal,” the global ratings agency said in a note. The In...

India’s GDP growth in Q4 FY25 to remain robust around 6.4-6.5 pc: SBI report

May 21, 2025 10:53 AM

India’s GDP growth in Q4 FY25 to remain robust around 6.4-6.5 pc: SBI report

Despite weathering effects precipitated by global upheavals, Indian economy stays largely resilient and is projected to clock a GDP growth around 6.4-6.5 per cent in Q4 FY25, an SBI report said on Wednesday. To estimate GDP statistically, the State Bank of India’s Economic Research Department has built a ‘Nowcasting Model’ with 36 high frequency indicators associated with industry activity, service activity, and global economy. The model uses the dynamic factor model to estimate the comm...

India’s GDP growth in Q4 of 2024–25 expected at 6.8–7%: report

May 16, 2025 5:44 PM

India’s GDP growth in Q4 of 2024–25 expected at 6.8–7%: report

The Indian economy is projected to grow at a rate of 6.8–7 per cent in the fourth quarter of the financial year 2024–25, largely driven by the agriculture sector, according to a report released by Bank of Baroda on Friday. For the full financial year, GDP growth is estimated at 6.2–6.4 per cent, with the report highlighting that India continues to outperform many of its global counterparts due to strong macroeconomic fundamentals. Looking ahead to FY26, the economy is expected to grow at...

A Broke, Belligerent, Brazen Pakistan: Ignoring Poverty, Investing in Proxy Wars

May 9, 2025 12:39 PM

A Broke, Belligerent, Brazen Pakistan: Ignoring Poverty, Investing in Proxy Wars

Pakistan’s economy has been in dire straits for quite some time now. With over $130 billion USD in external loans, according to CEIC’s economic database, the $338 billion USD economy (according to the World Bank dataset for current GDP as of 2023) is taking even commercial loans at higher interest rates merely to service existing debt – debt to repay debt. How can such a country engage in war rhetoric and terror patronage when it faces over $22 billion USD in debt repayments (Fitch Rating...

Bigger Middle Class, Richer Middle Class

April 16, 2025 9:00 PM

Bigger Middle Class, Richer Middle Class

In 2015, the Kumars of Lucknow relied on public transport and an old scooter for their daily commute. Sanjay Kumar, a schoolteacher, and his wife, a small business owner, wished to buy a car—not just for comfort, but as a symbol of socioeconomic capital. Finally in 2023, after years of careful savings out of increased earnings, they proudly drove home a brand-new SUV. Their purchase meant more than just a transaction in national accounts — it was a testament to India's evolving middle class,...

India offers a compelling growth opportunity for foreign banks: FM Sitharaman

April 9, 2025 9:40 AM

India offers a compelling growth opportunity for foreign banks: FM Sitharaman

Union Finance Minister Nirmala Sitharaman has highlighted India as a compelling destination for foreign banks and financial institutions, underlining the government’s active encouragement of foreign investment in the country’s rapidly expanding banking and financial sector. Speaking on Tuesday at the India-UK Investor Roundtable in London, which brought together around 60 representatives from pension funds, insurance firms, banks, and other financial institutions, the Minister outlined the ...

India likely to outperform global markets despite uncertainties: NSE CEO

April 8, 2025 3:03 PM

India likely to outperform global markets despite uncertainties: NSE CEO

India is expected to perform better than most global markets in the coming months, even amid growing international uncertainties, Ashishkumar Chauhan, CEO and MD of the National Stock Exchange (NSE), said on Tuesday. He attributed this confidence to India’s steady economic framework, strong leadership, and evolving bilateral trade dynamics. The NSE chief noted that India has shown resilience compared to other global markets over the past week. "While several international indices have exper...

India least exposed to US tariffs due to domestic demand strength: Morgan Stanley

March 28, 2025 4:25 PM

India least exposed to US tariffs due to domestic demand strength: Morgan Stanley

India and Japan are the least exposed economies to US trade tariffs due to their strong domestic demand, a Morgan Stanley report said on Friday. The report highlights that the ratio of goods exports to GDP is a crucial metric in assessing an economy’s trade dependence and potential exposure to global trade policies. “The ratio of goods exports to GDP is the most important metric as it determines the extent of trade orientation of an economy. This allows global research firms to assess which...