Indian Economy | DD News

June 28, 2025 9:39 AM

Early months of FY26 indicate resilient economy, outlook remains positive: Centre

High-frequency indicators for the first two months of FY26 indicate resilient performance of the domestic economy amid the heightened geopolitical situation, Finance Ministry’s ‘Monthly Economic Review for May 2025’ said on Friday, adding that overall, the outlook for the Indian economy remains positive. The economy demonstrates resilience amid a turbulent global environment, supported by robust domestic demand, easing inflationary pressures, a resilient external sector, and a steady empl...

May 30, 2025 5:35 PM

India’s real GDP grows at 6.5% in FY 2024-25; Q4 sees strong 7.4% expansion

The National Statistics Office (NSO), under the Ministry of Statistics and Programme Implementation (MoSPI), has released the Provisional Estimates of Annual Gross Domestic Product (GDP) for the financial year 2024–25, along with the Quarterly Estimates for the January–March period (Q4) of the same year. India’s real GDP at constant (2011–12) prices is estimated to have grown by 6.5% in FY 2024–25, reaching ₹187.97 lakh crore, compared to ₹176.51 lakh crore in 2023–24. At curren...

May 29, 2025 3:28 PM

India’s real GDP growth projected at 6.5% in FY 2025-26: RBI

The Reserve Bank of India (RBI) has projected India’s real GDP growth at 6.5 per cent for the financial year 2025-26, with the outlook described as “evenly balanced” amid global uncertainties. In its annual report for 2024-25, released on Thursday, the central bank said India is poised to remain the fastest-growing major economy, riding on strong macroeconomic fundamentals, a resilient financial sector, and a continued policy push towards sustainable and inclusive growth. This outlook co...

May 22, 2025 10:15 AM

Indian economy shows resilience despite weak global growth: RBI

The global growth continues to face headwinds with persistent trade frictions, heightened policy uncertainty, and weak consumer sentiment weighing on the outlook. Despite this, the Indian economy is exhibiting resilience even after high trade and tariff-related concerns, the Reserve Bank of India (RBI) has said. Persistent trade frictions, heightened policy uncertainty, and weak consumer sentiment continue to create headwinds for global growth. “Amidst these challenges, the Indian economy exh...

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...

May 12, 2025 4:15 AM

Indian economy has potential to surpass China in near future: Jim Rogers

India is poised to become one of the most exciting investment destinations in the world and may even outperform China in the coming years, according to ace investor Jim Rogers. In an interaction with IANS, Rogers said, “I have been around the investment world for decades, and for the first time in my life, I see that the people in Delhi understand economics.” “India is rising again. I think the people in Delhi understand what needs to be done and are trying to do it. That would be wonder...

May 6, 2025 3:28 PM

India set to overtake Japan as fourth-largest economy in 2025: IMF

India is on track to become the world’s fourth-largest economy in 2025, overtaking Japan, according to the latest World Economic Outlook released by the International Monetary Fund (IMF). The report estimates India’s nominal GDP will reach 4,187.02 billion dollars next year, marginally ahead of Japan’s 4,186.43 billion dollars. The IMF forecasts that India will continue to be the fastest-growing major economy, maintaining a growth rate above 6 per cent over the next two years. In contrast...

February 28, 2025 3:33 PM

India needs to grow by 7.8 pc to reach high-income status by 2047, a possible target: World Bank

A new World Bank report on Friday said that India needs to grow by 7.8 per cent on average over the next 22 years to achieve the country’s aspirations of reaching high-income status by 2047 -- a target that is possible to achieve. The new 'India Country Economic Memorandum' titled ‘Becoming a High-Income Economy in a Generation,’ finds that this target is possible. Recognising India’s fast pace of growth averaging 6.3 per cent between 2000 and 2024, the WB report noted that India’s p...

February 1, 2025 11:33 AM

India world’s fastest growing economy on way to become Viksit Bharat: FM Sitharaman

India is the world's fastest-growing economy, and the government will ensure tremendous growth in coming years across the spectrum on the way to becoming "Viksit Bharat", Union Finance Minister Nirmala Sitharaman said on Saturday. Presenting her eighth consecutive budget and the NDA government's second full Union Budget of its third term, the Finance Minister said the Budget focuses on spurring agricultural growth, empowering farmers, supporting MSMEs and ensuring innovation while promoting exp...

January 19, 2025 4:35 PM

India to grow at 6.7% for next two years: World Bank

India is projected to sustain its position as the fastest-growing major economy, with a growth rate of 6.7% in both FY26 and FY27, according to the World Bank’s latest Global Economic Prospects (GEP) report, outpacing a global growth projection of 2.7% for 2025-26. The GEP report attributes India’s robust growth to a thriving services sector and a revitalized manufacturing base, driven by transformative government initiatives. From modernizing infrastructure to streamlining taxes, these mea...