economic growth

EY Projects 6.8–7.2% Real GDP Growth for FY27 India’s real GDP is projected to grow between 6.8 per cent and 7.2 per cent in FY27, according to the latest EY Economy Watch report released on Thursday.EY India Chief Policy Advisor D K Srivastava said that India’s medium-term growth prospects...

Bank of Korea Maintains Benchmark Rate for Sixth Straight MeetingSeoul, February 26: The Bank of Korea kept its benchmark interest rate unchanged at 2.5 percent on Thursday, signaling a cautious approach as policymakers balance stronger economic growth with mounting financial stability...

Mumbai, February 24: The Indian economy is now defined by high, stable, and accelerating growth supported by predictable economic outcomes, according to Poonam Gupta, Deputy Governor of the Reserve Bank of India.Delivering the 14th Foundation Day Lecture at the Centre for Development Studies...

India GDP Growth Seen Near 8.1% in Q3 FY26 Under Revised Base Year 2022-23 New Delhi, February 24: India’s economy is projected to expand by close to 8.1 per cent in the September to December quarter of FY26, according to a report released on Tuesday under the revised GDP series with 2022-23 as...

Major Boost to Aviation Infrastructure in Kashmir Valley New Delhi, February 24: The Union Cabinet on Tuesday approved the expansion of the civil enclave at Srinagar International Airport at an estimated cost of Rs 1,677 crore, marking a significant step towards strengthening aviation...

Strong Domestic Demand Keeps Growth Momentum Intact New Delhi, February 24: India’s gross domestic product growth for the third quarter of FY26 is projected to be in the range of 8 to 8.1 percent, according to a report released by SBI Research on Tuesday. The report highlights that the domestic...

Sri Lanka’s AI Future Linked to Regional Partnership New Delhi, February 23: Sri Lanka’s path to participating in the global artificial intelligence race lies in partnering with a fast-growing nation, with India emerging as the most viable option, according to an article published in the Colombo...

Central Capex Declines Sharply in Third Quarter New Delhi, February 22: India’s capital expenditure recorded a sharp year-on-year contraction of 23.4 per cent in the third quarter of FY2025-26, according to data compiled by ICRA.The slowdown in Central government spending is expected to...

GST Rate Cut, Infrastructure Push to Drive Sector Momentum New Delhi, February 22: India’s two wheeler industry is poised for sustained long term expansion, with growth potential of 8 to 9 percent CAGR, according to TVS Motor Company CEO KN Radhakrishnan.Speaking about the sector’s outlook...

India Positioned as Beacon of Stability in Uncertain Times Mumbai, February 17: Prime Minister Narendra Modi has said that India has evolved into a confident and credible voice of the Global South, actively shaping global conversations and contributing to a more balanced and inclusive world...

New Delhi, February 17: Nearly 16 percent of the world’s artificial intelligence talent originates from India, giving the country a distinct competitive edge in global AI capabilities, according to a white paper unveiled on Tuesday. The report also projects that India will contribute close to 20...

India Norway Talks Focus on Solar Power, Carbon Capture and Investment Partnerships New Delhi and Oslo, February 17: Finance Minister Nirmala Sitharaman on Tuesday held bilateral talks with Norway’s Finance Minister Jens Stoltenberg in Oslo, exploring deeper cooperation in renewable energy and...

Nirmala Sitharaman Highlights India Growth Opportunities During Norway Visit Finance Minister Nirmala Sitharaman on February 17 underscored India’s strong economic growth and expanding investment potential during her official visit to Norway, positioning the country as a key destination for...

Artificial Intelligence is accelerating productivity and redefining how work is performed, but senior executives at leading global financial institutions have cautioned that the rapid transformation also raises concerns around education gaps and human accountability.Speaking at a panel...

India’s real estate sector is poised for a sharp expansion over the next five years, with the market projected to grow more than three-fold to Rs 88 lakh crore by 2030, according to a joint report released by KPMG and Naredco.The report, titled The Role of Real Estate in Viksit Bharat@2047...

Revenue to Grow at 7% Annually Through 2027 New Delhi, February 16: India’s media and entertainment sector continues to chart a steady expansion path, with revenues projected to grow at around 7 per cent annually until 2027. The total industry size is expected to increase from ₹2,502 billion in...

India’s retail market is on course for a significant transformation, with its size projected to more than double to Rs 210 to 215 trillion by 2035 from approximately Rs 90 to 95 trillion in 2025, according to a joint report released on Monday.The study, unveiled by Boston Consulting Group and...

PM Modi Urges Private Sector to Step Up as Government Raises FY27 Capital Expenditure to Rs 12.2 Lakh Crore PM Modi Calls for Bold Private Investment to Drive Innovation-Led Growth New Delhi, February 15: Prime Minister Narendra Modi on Sunday called on India’s private sector to step up...

New Delhi, February 15 – The Union Budget 2026-27, placing Micro, Small, and Medium Enterprises (MSMEs) at the heart of India's growth strategy, has unveiled a comprehensive plan to help MSMEs scale up, compete globally, and integrate more deeply into domestic and international markets through...

Pune, February 14 – Shaurya Doval, the founding director of the India Foundation, a think tank based in Delhi, said on Saturday that India has created a strong foundation for a future economy by developing the digital infrastructure needed for long-term growth.Speaking about India's economic...