Economy
Maha Kumbh Expected to Generate Over Rs 4 Lakh Crore in Trade, Boost India’s Economy
According to industry estimates, Maha Kumbh is likely to spur both nominal and real GDP by more than 1 per cent.
India's Economic Growth Poised to Gain Momentum in H2 2024-25: Report
The agriculture sector is expected to post a healthy growth of 3.8 per cent in FY25, up from 1.4 per cent in FY24. So far, rabi sowing has been higher compared with last year and thus bodes well for agriculture growth.
India Retains Title of World's Fastest-Growing Large Economy, Projected Growth at 6.6%: UN
WESP said that India's economy would be supported by "strong export growth in services and certain goods categories, particularly pharmaceuticals and electronics".
Indian Economy Projected to Grow 6.8% in 2025-26: Report
Nominal GDP growth is likely to be around 10.5 per cent in the next financial year, it adds. Key drivers of this growth are strong air passenger traffic, increase in services PMI, and higher GST collections.
Finance Ministry Boosted India's Global Integration and Ease of Doing Business in 2024: Government Report
Notably, the Union Cabinet approved the new Framework on Currency Swap Arrangements for SAARC Countries (2024-27), fostering financial cooperation and regional integration.
Space Economy Set to Grow 5-Fold to $44 Billion in the Next Decade, Says Minister
Of the 220 million euros earned through launching foreign satellites, 187 million euros was generated in the last eight years. Countries benefiting from ISRO’s services include the US, France, Japan and others.
India's CAD Stable, Foreign Financial Inflows Increase: Crisil Report
"We expect CAD at about 1.0 per cent of GDP in fiscal 2024-25, as against 0.7 percent last year.". In addition, geopolitical issues would continue to be something of a monitorable, according to the report.
Economy Shows Resilience, GDP Projected to Grow at 6.6% in FY25: RBI Report
The Reserve Bank has released the December 2024 issue of the Financial Stability Report, which reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council on the resilience of the Indian financial system and risks to financial stability.
PM Modi Engages Economists in Brainstorming Session Ahead of Budget
The Finance Minister was also present at the meeting which was attended by Niti Aayog Vice Chairman Suman Bery, Niti Aayog CEO BVR Subrahmanyam, Chief Economic Advisor Anantha Nageswaran and renowned economists, including Surjit Bhalla and DK Joshi.
India's Growth Momentum Resumes After Q2 Slowdown: Jeffries
The Jefferies economy tracker composite indicator shows growth pick-up sustaining in November with the indicator up 6.4 percent year-on-year, the second-fastest growth pace in 13 months.
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