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Searched Tag: gdp

The minister quoted a recent report by IIT Chennai, IIT Kanpur and IIM Bangalore, which revealed that improved infrastructure and expansion of economic corridors had already reduced the country’s logistics cost to 10 per cent from a previous 16 per cent

Growth in agriculture will bring self-reliance: Gadkari

October 17, 2025, 04:41 PM - 4 min read

Union Minister of Road Transport and Highways, Nitin Gadkari, addressed the ASSOCHAM Annual Conference 2025 virtually on Friday, where he spoke about the importance of growth in agriculture to boost India’s GDP, bringing down logistics cost to 9 per cent, and reducing dependence on fossil fuels for automobiles

A guide leads tourists around the iconic Qutub Minar. (File photo)

India among hardest hit by tourism labour crunch

October 5, 2025, 02:14 PM - 4 min read

Global tourism is set to generate 9.1 crore new jobs by 2035, but the WTTC warns that labour shortages of over 4.3 crore could stall the sector’s growth.

The economic resilience, said the minister, has been continuous, as seen in India’s GDP growth during the April-June quarter this year when it grew by 7.8 per cent

FM hails India's resilience amid global headwinds

September 25, 2025, 04:50 PM - 2 min read

The uncertainty in the global environment has increased over the past year, but India’s resilience has stood out, as seen in the Apr-June quarter’s GDP, said Union Finance Minister Nirmala Sitharaman on Thursday

CPI inflation inched up to 2.1 per cent in August 2025, from 1.6 per cent in July, moving above the RBI tolerance threshold of two per cent

Crisil lowers earlier estimate of headline inflation

September 13, 2025, 07:33 PM - 2 min read

Research and ratings firm Crisil said India’s headline inflation during 2025-26 is projected to be 3.2 per cent, down from its previous estimate of 3.5 per cent

A strong June quarter growth and thriving domestic demand have further driven Fitch Ratings GDP forecast for India for the current fiscal year from 6.5 per cent to 6.9 per cent

Fitch pegs India’s FY26 GDP growth rate at 6.9 pc

September 10, 2025, 06:14 PM - 3 min read

A strong June quarter growth and thriving domestic demand have further driven Fitch Ratings GDP forecast for India for the current fiscal year from 6.5 per cent to 6.9 per cent

The budget for the current fiscal has projected a growth rate of 10.1 per cent in nominal terms, while the fiscal deficit is pegged at 4.4 per cent of the gross domestic product (GDP).

Finance ministry to begin budget-making exercise for next FY

September 2, 2025, 07:47 PM - 3 min read

The Ministry of Finance will start preparing the annual budget for 2026-27 from October 9, 2025, and address urgent issues of job creation, demand boosting, and taking steps to put the economy on track to achieve 8 per cent-plus growth

The Indian economy gathered momentum in the April-June period of this fiscal, as per government data, even as trade war clouds loomed overhead

India logs 7.8 pc GDP growth, highest in five quarters

August 29, 2025, 05:13 PM - 3 min read

The Indian economy gathered momentum in the April-June period of this fiscal, as per government data, even as trade war clouds loomed overhead

Parl panel recommends 35 percent of GDP investment to achieve 8 percent growth.

Invest 35 pc of GDP for 8 pc growth, suggests Parl panel

August 19, 2025, 07:31 PM - 5 min read

A parliamentary panel on Tuesday pitched for raising the investment rate from 31 per cent of GDP to 35 per cent in order to achieve the ambitious growth target of 8 per cent.

Spain rejects NATO’s 5% defence target, cites economic strain

June 20, 2025, 01:29 PM - 3 min read

Spain has declined NATO’s proposal to raise defence spending to 5 per cent of GDP, warning it would undermine European sovereignty and harm domestic economic priorities. Prime Minister Pedro Sánchez called the target “unreasonable” and asked for an exemption ahead of next week’s summit.

India expected to clock 6.9 pc GDP growth in Q4 of FY25: ICRA

May 19, 2025, 06:04 PM - 2 min read

To achieve the NSO's projected 6.5 per cent growth in FY25, the GDP growth in Q4 or March quarter should be 7.6 per cent.

Moody's predicts strong GDP growth for India in fiscal 2025-26.

India’s GDP growth to exceed 6.5 pc in FY26, says Moody's

March 12, 2025, 03:13 PM - 4 min read

India’s real Gross Domestic Product (GDP) growth is expected to surpass 6.5 pc in the financial year 2025-26, driven by increased government capital expenditure, tax reductions, and monetary easing, according to Moody’s latest Banking System Outlook – India report released on Wednesday.

Moody’s downgrades India’s economic growth outlook to 7 pc.

Moody’s cuts India’s GDP forecast to 7 pc for FY25

January 20, 2025, 05:32 PM - 3 min read

India’s economic outlook has taken a hit with Moody’s lowering its growth forecast for the fiscal year 2024-25 to 7%, down from the 8.2% growth witnessed in the previous fiscal year.