Economic Projection News - Latest Updates & Headlines
NITI Aayog CEO bets big on India's demographic dividend
New Delhi, April 18: NITI Aayog CEO B. V.R. Subrahmanyam sees India emerging as the world's education hub and a stable supplier of working-age people across the globe, as population has begun to shrink in advanced countries.
RBI cuts inflation forecast to 4 per cent for 2025-26
Mumbai, April 9: The Reserve Bank's Monetary Policy Committee has reduced its inflation forecast for 2025-26 to 4 per cent from 4.2 per cent earlier as the “outlook for food inflation has turned decisively positive,” RBI Governor Sanjay Malhotra said on Wednesday.
RBI lowers GDP growth forecast to 6.5 pc for 2025-26 as global uncertainties spike
Mumbai, April 9: The RBI's monetary policy committee has reduced its projection for India's GDP growth in 2025-26 by 20 basis points to 6.5 per cent from 6.7 per cent due to global trade and policy uncertainties in the wake of the US tariff hikes, Reserve Bank of India Governor Sanjay Malhotra said on Wednesday.
India to become world's 3rd-largest economy by 2028, overtaking Germany: Morgan Stanley
New Delhi, March 15: India is set to become the world’s third-largest economy by 2028, overtaking Germany, according to a report by global financial services firm Morgan Stanley.
Revised figures of GDP indicate robustness of Indian economy, says Arvind Panagariya
New Delhi, March 1: Arvind Panagariya, chairman of the 16th Finance Commission, has said that India's GDP figures for the October- December quarter of this fiscal year are encouraging and that the economy is doing very well.
Questions raised on Bengal's govt claims over higher SGST collection in 2025-26
Kolkata, Feb 15: Economists in West Bengal have raised questions over the state government's claims for getting the higher collection from state goods services tax (SGST) during the next financial year of 2025-25 despite a shortfall in the collection under the same head in 2024-25.
India's fiscal deficit to shrink continuously amid strong tax revenues: World Bank
New Delhi, January 17: The fiscal deficit in India is expected to shrink continuously, driven by growing tax revenues, according to the latest World Bank report.
Govt pegs India's GDP growth at 6.4 pc for 2024-25; agriculture bounces back, services surge
New Delhi, Jan 7: India's Gross Domestic Product (GDP) is projected to grow at 6.4 per cent in the financial year 2024-25 down from 8.2 per cent growth recorded in 2023-24, according to the first advance estimates released by the Ministry of Statistics on Tuesday.