Indian Economy | DD News

October 6, 2026 3:09 PM

World Bank raises India’s FY27 growth forecast to 7.1% from 6.6%

The World Bank has raised its forecast for India's economic growth in FY27 to 7.1 per cent from 6.6 per cent, citing stronger-than-expected economic activity, robust domestic demand and exports. In its latest India Development Update, released on Tuesday, the World Bank said India's medium-term growth prospects remain strong despite global headwinds. The World Bank, however, flagged risks from higher global oil prices, El Nino conditions and potential stock market corrections, which co...

September 23, 2026 4:56 PM

Fitch raises India’s FY’27 GDP growth projections to 6.9 pc

Fitch Ratings on Wednesday raised India’s GDP growth forecast for the current fiscal year to 6.9 per cent, from 6.4 per cent, citing strong economic growth in the June quarter and overall economic resilience. According to Fitch, India’s economic momentum is likely to moderate over the remaining fiscal year, prompting the Reserve Bank of India (RBI) to increase interest rates by 0.25 per cent in its October monetary policy meeting. A growth rate of 7.8 per cent in the June quarter indicates...

September 23, 2026 3:02 PM

ADB raises India’s GDP growth forecast to 7pc on stronger-than-expected Q1 growth

The Asian Development Bank (ADB) on Wednesday raised its forecast for India’s economic growth in the current fiscal to 7 per cent, up from 6.6 per cent projected in July, citing stronger-than-expected economic performance in the first quarter despite supply-side disruptions caused by the West Asia crisis. In its Asian Development Outlook (ADO) September 2026, the multilateral lender said, “The revision reflects India’s stronger-than-expected economic performance, with GDP expanding by 7.8...

September 21, 2026 10:51 PM

Core sector output grows 4.8% in August 2026

The Index of Core Industries (ICI) grew by 4.8 per cent year-on-year in August 2026, according to provisional estimates released by the Ministry of Statistics and Programme Implementation. The growth was slightly lower than the 5.0 per cent recorded in July 2026, after the final July index was revised from 121.2 to 120.8. Among the eight core industries, cement, electricity, iron ore, steel and refinery products recorded positive growth in August. Cement output grew by 12.5 per cent, electrici...

September 5, 2026 10:00 PM

From policy paralysis to policy dynamism, India has come a long way: PM Modi at SRCC after 13 years

Prime Minister Narendra Modi on Saturday said the country has come a long way from policy paralysis in 2013 to policy dynamism, but those responsible for pushing India into the 'fragile 5' are now unable to digest its 7.8 per cent growth. PM Modi, who was speaking at the centenary celebrations of Delhi University's Shri Ram College of Commerce, recalled that his address there in 2013 as Gujarat chief minister had made a "wave" and even today, 13-14 years later, its impact remains intact. "In 2...

August 31, 2026 8:55 PM

Once again, Indian economy trumped global uncertainties: HM Amit Shah on Q1 GDP data

Union Home Minister Amit Shah on Monday said the Indian economy has once again trumped global uncertainties after the country secured a GDP growth of 7.8 per cent in the first quarter of FY 2026-27. HM Shah also said this stands as a testament to the “visionary” leadership of Prime Minister Narendra Modi. “Indian economy growing from strength to strength against global odds under Modi govt. Once again, the Indian economy has trumped global uncertainties and secured a GDP growth of 7.8% i...

August 26, 2026 7:24 PM

India fastest-growing major economy, offers strong investment opportunities: FM Sitharaman in Canada

India today stands as the fastest-growing major economy in the world and offers a combination of scale, sustained growth, a young population, expanding consumption and rapidly deepening capital markets, Finance Minister Nirmala Sitharaman said while seeking investment from Canadian entities. Addressing prominent members of the Indian business community in Toronto, Sitharaman said, "For Canadian investors with long time horizon, India offers a combination that is difficult to match: scale, susta...

July 1, 2026 9:31 AM

‘Trusted partners in India’s economic journey’: PM Modi greets CA fraternity on Chartered Accountants’ Day

Prime Minister Narendra Modi on Wednesday extended greetings to the Chartered Accountant (CA) fraternity on the occasion of Chartered Accountants' Day. In a post on X, the Prime Minister said, "Greetings on Chartered Accountants' Day to the entire CA fraternity. They have long been trusted partners in India's economic journey. Through their commitment to transparency and professional excellence, they strengthen our financial systems, support businesses, encourage entrepreneurship and inspire co...

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...

June 4, 2026 1:47 PM

India emerging as trusted global investment destination, says Piyush Goyal at Citi India Conference 2026

India has emerged as one of the world's most trusted investment destinations and is poised to remain the fastest-growing major economy for decades, Union Commerce and Industry Minister Piyush Goyal said while addressing the Citi India Conference 2026 on Thursday. Delivering the keynote address virtually, Goyal highlighted India's economic resilience, expanding manufacturing base, infrastructure development and growing network of trade agreements as key drivers of investor confidence. He said hi...