india economy

World Bank cuts India’s 2026 growth forecast to 6.3% from 6.7%

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The World Bank has revised India’s GDP growth forecast for the current fiscal year to 6.3%, citing weaker exports and slower investment growth. Despite this, ...

India-US trade deal: What Indian & American officials discussed during the week-long deliberations; first phase likely soon

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India and the United States are actively negotiating a bilateral trade agreement, aiming for completion by fall 2025. Discussions during the recent US delegation visit ...

Big progress on poverty reduction! India’s poverty rate to come down further in 2024; SBI projects 4.6%

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India is making great progress in reducing poverty. A recent State Bank of India report projects poverty to fall to 4.6 percent in 2024. World ...

‘Not a good indicator, what counts is…’: India overtaking Japan to be 4th largest economy no reason to be smug; WEF ex-MD serves reality check

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India is poised to surpass Japan as the fourth-largest economy, but World Economic Forum’s (WEF) former MD Claude Smadja cautions against complacency, citing the country’s ...

Rate relief cheered: Auto industry backs RBI’s 50 bps repo cut; expects boost in affordability, retail demand

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India’s automobile sector is optimistic following the Reserve Bank of India’s rate cut, anticipating improved financing access and strengthened consumer sentiment. The reduction in repo ...

Trade talks gain pace: India, EU hold three rounds in 35 days; Piyush Goyal says both sides committed to FTA

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India and the European Union are accelerating negotiations for a comprehensive free trade agreement, holding multiple high-level meetings recently. Both sides aim to finalise the ...

Rupee may rise to 84/$ on US trade deal: BofA

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Bank of America predicts the rupee will strengthen to 84 against the dollar by the end of 2025, driven by a potential US trade deal, ...

India’s economy may grow 6.3% in FY26, 6.4% next fiscal: OECD

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The OECD projects India’s economy to expand by 6.3% in 2025-26 and 6.4% in 2026-27, remaining the fastest-growing G20 economy despite global uncertainties. While private ...

India’s domestic economic conditions will continue to be supportive for growth: Moody’s Rating

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Moody’s Ratings anticipates India’s robust domestic economy will sustain growth, enabling banks to maintain healthy asset quality. System-wide nonperforming loan (NPL) levels are projected to ...

Adani group denies WSJ report as ‘baseless’

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The Adani group has refuted a Wall Street Journal report that alleged connections between its businesses and Iranian LPG, labeling the claims as unfounded and ...
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