Growth | DD News

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...

September 15, 2025 11:37 AM

Connectivity and Inclusion: How Northeast is Becoming Central to India’s Growth

Over the past decade, the Northeastern Region has shifted firmly from being a remote frontier to becoming an emerging leader in India’s growth story. Prime Minister Narendra Modi mentioned, “For us, EAST is not just a direction but a vision: Empower, Act, Strengthen, and Transform,” a mantra that now drives the Act East framework. That vision is being translated into concrete action: massive investment and policy focus under the governments of India and its ministries are transforming infr...

June 30, 2025 6:51 PM

Indian economy remains a key driver of global growth: RBI

Despite an uncertain and challenging global economic backdrop, the Indian economy remains a key driver of global growth, underpinned by sound macroeconomic fundamentals and prudent macroeconomic policies, the Reserve Bank of India (RBI) said on Monday. The Reserve Bank, in the June 2025 issue of its 'Financial Stability Report (FSR)', said that elevated economic and trade policy uncertainties are testing the resilience of the global economy and the financial system. “Financial markets remain...

June 26, 2025 11:43 AM

India’s office market sees 11% growth in April-June, Grade A space demand surges

India’s office market continued its strong growth trajectory in the April-June period (Q2 2025), recording 17.8 million square feet (msf) of gross leasing across the top seven cities - an 11 per cent increase compared to Q2 2024, a report showed on Thursday. This also marks a 12 per cent growth compared to the office space demand in the first quarter of the year and underscores the resilience of commercial real estate in India even in the wake of ongoing global uncertainties, said the report ...

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...

June 4, 2025 5:16 PM

Minerals and non-ferrous metal production records growth in FY 2025-26

India’s mining and quarrying sector continued its upward trajectory in FY 2025-26, with notable gains in mineral and non-ferrous metal production. The index of mineral production for March 2025 stood at 156.8, marking a 0.4% increase over March 2024. Key minerals such as iron ore, manganese ore, and zinc concentrate registered significant year-on-year growth. Iron ore production rose by 5.7% to 25.9 million metric tonnes (MMT) in March 2025. Manganese ore output increased by 9.7% to 0.39 MMT,...

May 30, 2025 11:53 AM

India to be fastest-growing economy for next 30 years: Piyush Goyal

India is poised to remain the fastest-growing large economy for the next three decades, with a sustained annual growth rate of 6–7%, Union Commerce and Industry Minister Piyush Goyal said on Thursday. Speaking at the Confederation of Indian Industry (CII) Annual Business Summit 2025, Goyal said the government is aiming to push growth to 8% at constant prices. “Even amidst international upheavals, we are among the better-performing emerging markets,” he said. “Today, India holds the wor...

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...

April 2, 2025 3:39 PM

Manufacturing sector growth surged to 8-month high in March: HSBC

Manufacturing sector growth in India surged to an eight-month high in March as a faster upturn in total sales underpinned a sharper increase in output, according to a report by HSBC, released on Wednesday. The acceleration in March came despite a mild slowdown in international order growth. Buoyant demand led companies to tap into their inventories to meet increased client appetite, resulting in the most rapid decline in finished goods stocks since January 2022. Firms aimed to counter declini...

January 10, 2025 12:24 PM

India retains title of world’s fastest-growing large economy with growth projected at 6.6%: UN

India would again be the fastest growing large economy in the world with a projected annual growth rate of 6.6 per cent, according to Hamid Rashid, the UN head of Global Economic Monitoring. He was speaking at the release of the UN's flagship report- ‘World Economic Situation and Prospects 2025, (WESP)’ on Thursday, which projected the gross domestic product (GDP) to grow slightly faster at 6.8 per cent next year. WESP said that India's economy would be bolstered by "strong export growth in...