economic forecast

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    India's Economic Growth Projected at 6.9%

    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...
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    ADB Projects Strong India GDP Growth Amid Global Uncertainties

    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...
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    Strong Domestic Demand Drives India's Economic Growth

    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...
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    ADB Projects 6.9% India GDP Growth, Flags Middle East Conflict Concerns

    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 year, and rise to 7.3 per cent in the next fiscal year, driven by strong domestic demand, and supported by easing financing conditions and lower US...
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    India's Economic Outlook: ADB Projects Continued Growth Amid Global Challenges

    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...
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    India to Remain Growth Engine of South Asia: World Bank

    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...
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    World Bank: India Well-Positioned to Navigate Middle East Crisis

    New Delhi, April 9 The World Bank said on Thursday that India is well-positioned to weather the current global energy shock, with ample buffers, including high foreign exchange reserves, fiscal space, and low inflation, which will support growth despite global headwinds.Addressing a conference...
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    Economic Update: World Bank Adjusts India's FY27 Growth Amid Global Uncertainty

    New Delhi, April 9 The World Bank has marginally raised India's growth projections for the 2026-27 fiscal to 6.6 per cent, and said that while cuts in the Goods and Services Tax (GST) rate would boost consumer demand in the initial months of the fiscal, headwinds arising from the Middle East...
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    India's Economic Forecast: Growth, Inflation, and the Impact of Middle East Conflict

    New Delhi, March 25 S&P Global Ratings on Wednesday raised India's GDP growth forecast for the next fiscal to 7.1 per cent, with private consumption, investment, and exports being key drivers, but said that the conflict in the Middle East could strain the fiscal position due to higher energy...
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    Economic Outlook: Fitch Updates India's Growth and Oil Price Projections

    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...
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    India's GDP Growth Forecast Rises to 7.5%

    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...
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    Nagaland Economic Survey Projects Growth, Focus on 2047 Vision

    March 9, Kohima: Nagaland's economy is projected to grow by 10.33 percent in the 2025-26 fiscal year, up from 7.58 percent in 2024-25, according to the 2025-26 Nagaland Economic Survey, presented today during the ongoing session of the state Assembly.The report stated that the state is...
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    India's Growing GDP: IMF Forecasts 17% Contribution by 2026

    New Delhi, March 6 – India is expected to contribute as much as 17 per cent to global real GDP growth in 2026, as it continues to be the world's fastest-growing major economy, according to the latest data compiled by the IMF.Among the other countries in the IMF's top 10 list, the USA is...
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    Australian Unemployment Steady at 4.1% in January

    Canberra, February 19 – Australia's unemployment rate remained steady at 4.1 per cent in January, according to official data released on Thursday.The latest monthly labor force data from the Australian Bureau of Statistics (ABS) showed that the number of Australians employed on a full-time...
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