Gdp News - Latest Updates & Headlines
Tourism sector can emerge as largest contributor to India's GDP, says Union Minister Shekhawat
New Delhi, March 26: Union Tourism Minister Gajendra Singh Shekhawat emphasized the crucial role of tourism industry stakeholders in driving the sector's massive expansion, predicting that it will become the largest contributor to India's GDP growth in the coming years.
India's GDP estimated to grow steadily at 6.5% in FY25 despite elevated global uncertainty
New Delhi, March 26: The Indian economy is estimated to achieve a growth of 6.5 per cent in FY25 despite considerable external headwinds, the Monthly Economic Review by the Department of Economic Affairs (DEA), Ministry of Finance said.
India's GDP has doubled to USD 4.2 trn over last ten years: IMF
New Delhi, March 26: India's Gross Domestic Product (GDP) has doubled in size over last ten years, according to the latest data released by the International Monetary Fund (IMF).
India's GDP to grow at 6.5 pc in FY26, 75-100 bps rate cut likely: S&P Global Ratings
New Delhi, March 25: Showing a resilient economy in the Asia-Pacific region amid global uncertainties, India’s GDP will grow at 6.5 per cent in the fiscal year ending March 31, 2026, S&P Global Ratings said on Tuesday.
India well-positioned to benefit despite global uncertainties: Bernstein
New Delhi, March 25: India’s macroeconomic situation has bottomed out, and the country is set to see GDP growth around 6.5 per cent for the year ahead, according to a Bernstein note on Tuesday.
Piyush Goyal hails India's doubling of GDP to $4.3 trillion in last 10 years
New Delhi, March 23: Commerce and Industry Minister Piyush Goyal on Sunday hailed India's "outstanding" milestone of doubling its Gross Domestic Product (GDP) in the last 10 years with a 105 per cent leap from $2.1 trillion in 2015 to $4.3 trillion in 2025, based on the latest IMF data.
Digitisation, reforms, financial inclusion among factors in India doubling its GDP in 10 years, say experts
New Delhi, March 22: Digitisation, reforms, financial inclusion are among several factors that have contributed to India's economic growth over the past decade, economists have said as IMF data, cited by BJP leader Amit Malviya, showed that the country doubled its GDP from USD 2.1 trillion in 2015 to USD 4.3 trillion in 2025.
India doubles GDP to USD 4.3 trillion in 2025, achieving 105 per cent growth under PM Modi's leadership: Amit Malviya
New Delhi, March 22: India has reached a remarkable economic milestone, doubling its GDP from USD 2.1 trillion in 2015 to an impressive USD 4.3 trillion in 2025, marking an extraordinary 105 per cent growth that stands unmatched by any other major global economy, said BJP leader Amit Malviya.
India's GDP doubles in 10 years, set to surpass Japan and Germany by 2027
New Delhi, March 22: India's GDP has surged from $2.1 trillion in 2015 to an estimated $4.3 trillion in 2025, reflecting an impressive 105 per cent increase, according to inflation-adjusted data from the International Monetary Fund (IMF).
India's GDP to expand by 6.7 pc in FY25, fastest growing in Asia-Pacific: S&P Global
New Delhi, March 20: An S&P Global Ratings report on Thursday projected India's GDP to expand by 6.7 per cent in fiscal 2025 (year ending March) -- the fastest growing economy in the Asia-Pacific region.
Indian economy remains resilient amid rising global challenges: RBI bulletin
Mumbai, March 20: Amidst growing global economic uncertainty, the Indian economy continues to demonstrate resilience as is evident in the robust performance of the agriculture sector and improving consumption, according to the RBI's latest monthly bulletin.
Indian economy continues to demonstrate resilience amidst global volatility: RBI report
New Delhi, March 19: The Indian economy continues to demonstrate resilience amid volatility in global markets, the RBI said in its monthly report on Wednesday. It pointed to the robust performance of the agriculture sector and improving domestic consumption.
India's large domestic market to cushion blow from US tariff hike: Fitch
New Delhi, March 19: The large size of India's domestic market, which reduces reliance on external demand, is expected to insulate the country from the US tariff hike, with the economy expected to maintain a growth of 6.5 per cent in FY26, global ratings agency Fitch said on Wednesday.
India insulated from global trade war, says Fitch; revises GDP growth forecast to 6.5% in FY25-26
New Delhi March 19: Fitch Ratings has revised India's growth rate for FY25-26 to 6.5 per cent and to 6.3 per cent for FY26-27 in its March Edition of the Global Economic Outlook because of the US-imposed global trade war.
India to remain fastest growing economy in next 2 years at 6.4 to 6.6 pc growth: OECD
New Delhi, March 17: The Organisation for Economic Co-operation and Development (OECD) expects India to remain the fastest-growing major economy over the next two years with the country’s GDP growth rate projected at 6.4 per cent for 2025 and at 6.6 per cent in 2026.
India's forex reserves see sharpest rise in 2 years
New Delhi, March 16: After the $10 billion forex swap undertaken by the central bank on February 28, when it bought dollars against rupee to inject liquidity in the system, the country's foreign exchange reserves saw a huge $15.267 billion spike during the week ended March 7.
Decline in inflation paves way for higher GDP growth
New Delhi, March 13: The decline in retail inflation to a level that is below the RBI's targeted level of 4 per cent is expected to pave the way for accelerating GDP growth ahead as it provides the central bank with more headroom to cut interest rates and expand liquidity to spur economic activity and create more jobs.
India's GDP growth to surpass 6.5 per cent in 2025-26: Moody's
New Delhi, March 13: India's GDP growth is expected to exceed 6.5 per cent during 2025-26 -- on the back of higher government capex and increase in consumption due to the reduction in income tax and the RBI's cut in interest rates, according to a Moody's report.
India set to become World's most sought-after consumer market: Morgan Stanley
New Delhi, March 13: India is poised to become the world's most sought-after consumer market while undergoing a significant energy transition, rising credit-to-GDP ratio, and expanding manufacturing sector, according to Morgan Stanley's latest report.
GDP Growth of US economy to slow down gradually to 1.6% by 2027 from 2.8% now: S&P Global
Washington, DC, March 12: The GDP growth of the US economy is expected to slow down gradually over the next three years, according to a report by S&P Global Market Intelligence.
Economic survey pegs MP growth rate at 11.05 pc
Bhopal, March 11: The economic survey, presented in the state Assembly by the Mohan Yadav government, highlights Madhya Pradesh's impressive growth rate of 11.05 per cent, surpassing the national average.
Worst seems to be over for Indian markets, GDP growth to rebound: Goldman Sachs
New Delhi, March 10: A Goldman Sachs report has said that the worst seems to be behind for Indian equity markets in terms of economic growth and the earnings trajectory.
Investments likely to outperform Consumption in FY26: SBI MF Report
New Delhi, March 10: Investments in India are expected to outpace consumption in the financial year 2025-26 (FY26), according to a report by SBI Mutual Fund.
Maharashtra to grow 7.3% in 2024-25, higher than the national projection: State Economic Survey
Mumbai, March 7: Maharashtra's economy is expected to grow 7.3 per cent in the current financial year 2024-25, the state government's Economic Survey tabled in th Assembly on Friday showed.
India's long-term outlook strong, another RBI rate cut likely in April: HSBC report
New Delhi, March 7: India's long-term outlook remains strong and the investment cycle is projected to be on a medium-term uptrend supported by government investment in infrastructure and manufacturing, pickup in private investments, and a recovery in the real estate cycle, a new HSBC report said on Friday.
Maha eco survey projects growth at 7.3 pc in FY 25; industry, service sectors show dip
Mumbai, March 7: The Maharashtra economy is expected to grow at 7.3 per cent in 2024-25, higher than the projected national rate of 6.5 per cent. However, the estimated growth rate for the current fiscal year in the state will be lower compared to 7.6 per cent in 2023-24.
Indian markets close higher on strong global cues; Nifty recovers from early dip
Mumbai, March 6: Indian equity markets ended on a positive note on Thursday, driven by strong global cues and sectoral strength in Metals, Oil & Gas, and Pharma.
India to grow 6.5% in fiscal 2026 despite challenges: Crisil Intelligence
New Delhi, March 6: India's real gross domestic product (GDP) growth would be steady at 6.5 per cent in fiscal 2026 despite uncertainties stemming from geopolitical turns and trade-related issues led by US tariff actions, said Crisil Intelligence in a report on Thursday.
Resilient India to see 6.5 pc in fiscal 2026 despite challenges: Crisil
New Delhi, March 6: India's real gross domestic product (GDP) growth would be steady at 6.5 per cent in fiscal 2026, despite uncertainties stemming from geopolitical turns and trade-related issues led by US tariff actions, a Crisil report said on Thursday.
India's GDP growth to accelerate in January-March quarter: BoB report
New Delhi, March 5: India's GDP growth is expected to accelerate in the Q4 (January-March) quarter of the current financial year based on the high-frequency indicators of the economy, according to a Bank of Baroda report released on Wednesday.
South Korean economy grows 2 pc in 2024, per capita income rises 1.2 pc
Seoul, March 5: South Korea's economy grew 2 percent last year, matching an earlier estimate, amid slowing export growth, sagging domestic demand and a political crisis, central bank data showed on Wednesday.
Arab economies contribute five per cent to global GDP: UN report
Beirut, March 3: The Arab economy accounts for nearly five per cent of the world's Gross Domestic Product (GDP), with Qatar being the richest country in the region, according to a new report released on Monday by the United Nations Economic and Social Commission for Western Asia.
India likely to clock steady GDP growth of 6.5 pc in 2025-26: Crisil
New Delhi, March 3: India's GDP growth is expected to be steady at 6.5 per cent in fiscal 2025-2026 with the upcoming monsoon season likely to be normal and commodity prices to remain soft.
India's GDP to grow at faster pace in Q4; RBI rate cut and businesses at Mahakumbh could aid recovery: Report
New Delhi, March 3: India's economy is expected to grow at a much better pace in the fourth quarter of FY25, supported by strong government spending, a recovery in the rural economy, and a likely increase in private investment, according to a report by Centrum.
Indian stock market opens higher over strong GDP growth data
Mumbai, March 3: The Indian benchmark indices opened higher on Monday as key economic indicators, including GDP growth and strong GST collections, were in line with the expectations. Buying was seen in the auto and IT sectors in the early trade.
Government on track to meet fiscal deficit target of 4.8 pc for FY25: Bank of Baroda Report
New Delhi, March 3: The central government is on course to meet its fiscal deficit target of 4.8 per cent of GDP for the financial year 2024-25 (FY25), according to a report by Bank of Baroda.
Tax relief in Budget, RBI repo rate cut should keep domestic demand resilient: Report
New Delhi, March 2: India's domestic demand is expected to remain resilient, supported by the personal income tax concessions announced in the 2025 Union budget and the repo rate cut initiated by the Reserve Bank of India, S&P Global Market Intelligence said in a note.
India's growth becoming more balanced as private consumption's share in GDP rises
New Delhi, March 2: The good news is that India's growth is becoming more balanced as private consumption's share in GDP rose in fiscal 2025, according to a Crisil report.
Maha Kumbh to drive consumption demand in Q4 FY25, boosting hospitality, trade, and transport Sectors: CareEdge
New Delhi, March 2: The MahaKumbh megaevent will provide a boost to consumption demand in the fourth quarter of the financial year 2025, benefiting sectors such as trade, hospitality, and transport, as per a report by CareEdge.
India's economy set for Q4FY25 boost with increased govt. spending and capex: UBI report
New Delhi, March 2: India's economy is expected to see a boost in Q4FY25, supported by a sustained increase in government spending and capital expenditure (Capex), alongside a pickup in consumption driven by the Maha-Kumbh and wedding season, according to a report by Union Bank of India.