domestic demand

The Asian Development Bank (ADB) has revised India's growth forecast for the current financial year to 6.9 percent from 6.5 percent. According to the ADB's Asian Development Outlook, India's growth is expected to remain strong this fiscal year, driven by strong domestic demand, improved...

April 10, New Delhi: The Asian Development Bank projected on Friday that India's GDP growth would remain "robust" at 6.9% in the current fiscal year, and rise to 7.3% in the next fiscal year, driven by strong domestic demand and supported by easing financing conditions and lower US tariffs on...

April 10, New Delhi: The World Bank has raised India's growth forecast from 6.3% to 6.6% for the current fiscal year, citing strong domestic demand and free trade agreements. In its latest report, the World Bank expects India to remain the primary engine of growth in South Asia.The report also...

New Delhi, April 10 The Asian Development Bank (ADB) on Friday projected India's GDP growth to remain "robust" at 6.9 per cent in the current fiscal, and rise to 7.3 per cent in the next fiscal, driven by strong domestic demand, and supported by easing financing conditions and lower US tariffs...

April 09, New Delhi – The World Bank has revised India's growth forecast from 6.3 percent to 6.6 percent for the current fiscal year, citing strong domestic demand and free trade agreements.In its latest report, the World Bank expects India to remain the primary engine of growth in South Asia...

New Delhi, April 9 India has consistently demonstrated remarkable resilience during global crises, not only surviving them but also transforming through the turbulence to emerge stronger, said Shaktikanta Das, Principal Secretary to the Prime Minister, on Thursday.Addressing the AIMA National...

Washington, April 9 – India’s economy is maintaining strong growth momentum, driven by robust domestic demand, resilient services exports, and sustained reforms, the World Bank said in its latest report.Growth is estimated at 7.6 per cent in the fiscal year 2025-26, higher than earlier...

The Ministry of Steel announced today that the country's steel sector had performed strongly in the last financial year, solidifying its position as the world's second-largest producer. It stated that the sector saw significant gains in production, consumption, and exports, driven by strong...

Mumbai, April 8 The Reserve Bank projected India's GDP growth for the current financial year at 6.9 per cent, lower than the 7.6 per cent estimated for 2025-26, driven by concerns over elevated commodity prices and supply chain disruptions originating from the West Asia crisis.Unveiling the...

New Delhi, March 30 Union Chemicals and Fertilizers Minister J P Nadda said on Monday that India has enough fertilizer stocks to meet domestic demand and urged farmers not to panic amid the ongoing crisis in West Asia."Not only this crisis, India has faced several challenges. We have...

New Delhi, March 30 The government has extended the state trade enterprise (STE) status of Indian Potash Ltd until March 31, 2027, for the import of urea, according to a notification.India produced 306.67 lakh tonnes of urea in 2024-25 and imported 56.47 lakh tonnes of the nutrient to meet...

New Delhi, March 19 Fertilizer companies have purchased additional natural gas from the spot market to increase urea production at their plants, which are operating well below capacity due to a fuel shortage amid the West Asia crisis, a senior government official said on Thursday.After...

New Delhi, March 16 Silver futures plunged by ₹4,232 to ₹2.55 lakh per kilogram in the futures trade on Monday, as weak domestic demand and a strong US dollar weighed on investors' sentiment.On the Multi Commodity Exchange, the white metal for the May delivery declined by ₹4,232, or 1.63 per...

New Delhi, March 16 Copper prices fell by Rs 7.50 to Rs 1,201 per kilogram in futures trading on Monday, due to weak demand in the domestic spot market.On the Multi Commodity Exchange (MCX), copper for April delivery declined by Rs 7.50, or 0.62 percent, to Rs 1,201 per kg in a trading volume...

New Delhi, March 13 Fitch Ratings on Friday raised India's GDP growth forecast for the current fiscal and the next to 7.5 per cent and 6.7 per cent, and projected the average global crude oil price to be USD 70/barrel in 2026.Fitch had, in December, projected India's GDP growth for the current...

New Delhi, March 13 Fitch Ratings on Friday marginally raised India's GDP growth forecast to 7.5 per cent for the current fiscal, citing strong domestic demand as the primary growth driver.In December, Fitch had projected India's GDP growth at 7.4 per cent for the current fiscal.For the next...

New Delhi, March 10 Mukesh Ambani's Reliance Industries, a billionaire-owned company, announced on Tuesday that its massive Jamnagar oil refining complex would maximize the production of cooking gas (LPG), while gas extracted from the KG-D6 fields in the Bay of Bengal would be diverted to...

New Delhi, March 10 Indian employers reported a strengthening of hiring intentions for the April-June quarter of this year, supported by surging business confidence and resilient domestic demand, a survey said on Tuesday.According to ManpowerGroup's latest Employment Outlook Survey, the Net...

New Delhi, March 9 Copper prices fell by ₹8.95 to ₹1,208.75 per kilogram in futures trading on Monday, due to weak demand in the domestic spot market.On the Multi Commodity Exchange (MCX), copper for April delivery declined by ₹8.95, or 0.73 percent, to ₹1,208.75 per kg in a trading volume of...

Prime Minister Narendra Modi stated that India and Canada are vibrant democracies, two major economies of the world, and societies based on shared values. Speaking during the India-Canada CEOs Forum in New Delhi today, Mr. Modi said that democracy, diversity, and development inspire both nations...