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INDIA ECONOMY GROWTH NEWS

Incentivising electronic manufacturing could help deepen an ecosystem

March 19, 2025 11:33 am

In the current global environment of heightened geopolitical risks, where countries are locked in tariff and trade wars, and supply chains are being rejigged, India has a unique opportunity

Pratap Bhanu Mehta writes: India's growth slowdown is a signal of declining confidence in government

January 14, 2025 11:10 pm

Mindless capital expenditure, schemes that fail to address systemic weaknesses, a lack of real reforms – investors may not say it openly out of fear or politeness, but privately, there is a crisis of faith in the state

Read along to learn how India fared on global economic indexes in 2024. (Canva)

Year Ender 2024: How did India rank on global economic indexes this year

December 31, 2024 7:55 am

India's growth story in 2024: The fifth largest economy in the world, here's an overview of India's rankings across various global economic indexes in 2024.

Economic Affairs Secretary Ajay Seth: ‘No significant downside risk’ to growth despite likely slowdown in Sept quarter

November 21, 2024 7:47 am

Seth also stated that the government is likely to undershoot the budget estimate of Rs 11.11 lakh crore for capital expenditure for FY25.

The Top 10 Richest States in India with highest GDP, as of 2024.

Top 10 richest states in India by GDSP and GDP per capita, as of 2024

February 21, 2025 7:45 am

Top 10 Richest States in India with highest GDP: India, the world's fifth-largest economy, some of the Indian states and UTs have become economic powerhouses, contributing significantly to the national economy in terms of GDP and GDP per capita.

GDP growth likely to fall to 6-quarter low of 6% in first quarter: ICRA

August 23, 2024 4:07 am

The ICRA estimate is much lower than the RBI’s GDP projection. The RBI has projected the real GDP growth for the first quarter of 2024-25 at 7.1 per cent.

The world economy is losing momentum in the face of higher interest rates, the ongoing war in Ukraine, and widening geopolitical rifts, the International Monetary Fund warned Tuesday.

IMF outlook worsens for a world economy left 'limping' by shocks like Russia's war

October 10, 2023 3:31 pm

The IMF said it expects global economic growth to slow to 2.9 per cent in 2024 from an expected 3 per cent this year. The forecast for next year is down a notch from the 3 per cent it predicted back in July.

India's GDP growth in 2022-23 was 7.2 per cent, lower than 9.1 per cent in 2021-22. According to Reserve Bank of India's projections, India's GDP is likely to grow at 6.5 per cent in the current fiscal year.

India to clock 6.5% GDP growth in FY24 despite high crude oil prices: NITI Aayog member

September 21, 2023 12:17 pm

The Indian economy will grow at around 6.5 per cent in the current fiscal, notwithstanding high crude oil prices and increased uncertainty due climate changes, NITI Aayog member Arvind Virmani said on Thursday.

Addressing online a G20 session, organised by the finance ministry and the Reserve Bank of India in Mumbai, ahead of the grouping's summit next month in New Delhi, FM Nirmala Sitharaman said multilaterism faces the biggest challenge in recent years.

FM Nirmala Sitharaman calls for concerted global efforts to restructure debt for poor countries

August 11, 2023 12:00 pm

Nirmala Sitharaman that India has ensured that so far the geopolitical differences do not supersede international cooperation which is the core mandate of the G20 grouping and the summit.

India likely to be world's second largest economy by 2075, ahead of US: Goldman Sachs

July 11, 2023 10:35 am

While China is forecasted to have the highest GDP of $57 trillion by 2075, the US is expected to be the third-largest economy with a GDP of $51.5 trillion.