The Indian government continues to evaluate how tariff increases affect export sectors. How badly will Donald Trump’s reciprocal tariffs hit the Indian economy? Government officials have said that the ongoing global economic turmoil is likely to have a minimal impact on India. Despite global disruptions from new US tariffs, India could achieve its projected growth…
<p>India’s economic growth has come despite a major economic setback in the form of the Covid pandemic a few years ago. (AI image)<br></p> India’s Gross Domestic Product (GDP) has doubled in the last 10 years – a huge feat for an economy that is also set to become the world’s third largest in a few…
The Real GDP or GDP at Constant Prices is projected to reach ₹187.95 lakh crore during fiscal year 2024-25. (AI image) India Q3 GDP data FY 2024-25: The Indian economy saw the Gross Domestic Product (GDP) expand at 6.2% in the third quarter of the current financial year 2024-25, with economists stating that the worst…
MUMBAI: Foreign fund managers – based anywhere between New York and Singapore – play an outsized role in determining your mutual fund returns.Foreign funds, who invest on behalf of their clients, have sold over Rs 1-lakh-crore-worth of Indian stocks this year in less than two months. And since Oct last year, they have sold over…
The Real GDP or GDP at Constant Prices is projected to reach Rs 184.88 lakh crore in FY 2024-25. (AI image) India’s GDP growth for the financial year 2024-25 will likely slow down to 6.4% as compared to 8.2% in the previous fiscal, as per the first advance estimates of GDP released by the National…
NEW DELHI: Union commerce and industry minister Piyush Goyal on Thursday said he was confident of growth being back on track by the end of the fiscal year, overcoming global uncertainties.“We had elections in the first quarter and during the polls, obviously policy making and decisions on next steps of growth or infrastructure spending does…
NEW DELHI: Making a strong pitch for ‘one nation, one election,’ former President and chairman of the committee Ram Nath Kovind on Wednesday said that the central government “will have to build consensus” for the implementation of ONOE.While voicing support for holding simultaneous elections to the state assemblies and the Lok Sabha in the country,…
Finance minister Nirmala Sitharaman (File photo) NEW DELHI: Asserting that September quarter growth numbers do not indicate a systemic slowdown, finance minister Nirmala Sitharaman on Friday said that economic activity will pick up in third quarter and India will remain the fastest growing major economy over the next few years.“The fourth quarter, which was very…
The slump in growth has also sharpened the debate over whether the central bank is doing enough to support the world’s fastest-growing major economy. One of India’s worst GDP growth misses in recent memory is suddenly adding more pressure on central bank Governor Shaktikanta Das, who still hasn’t gotten an extension even though his term…
NEW DELHI: Goods and services tax (GST) collection rose 8.5% to Rs 1,82,269 crore in Nov, the fourth highest since the new regime kicked in over seven years ago.The growth in Nov, based on transactions in Oct, was driven by domestic consumption, rising 9.4% to just under Rs 1.4 lakh crore, while imports saw a…
