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Government Spending News - Latest Updates & Headlines

India's GDP growth to surpass 6.5 per cent in 2025-26: Moody's

New Delhi, March 13: India's GDP growth is expected to exceed 6.5 per cent during 2025-26 -- on the back of higher government capex and increase in consumption due to the reduction in income tax and the RBI's cut in interest rates, according to a Moody's report.

India's GDP growth expected to touch 6.6 pc in Q3 of 2024-25: Report

New Delhi, Feb 18: India's GDP is expected to grow at 6.6 per cent in the October-December period of 2024-25, which is slower than the corresponding figure of 8.6 per cent for the same quarter of 2023-24, but remains robust with support from agriculture, government spending, and services, according to a Bank of Baroda report released on Tuesday.

Government's consumption growth estimated to improve in FY25

New Delhi, Feb 2: The government consumption growth is estimated to improve in FY25 given the increase in the revenue expenditures of both state and union governments, while private consumption growth is expected to be driven by rural demand, easing inflation and a favourable base, according to a report on Sunday.

Govt expenditure on big infra projects to drive growth in 2025-26: Report

New Delhi, Jan 13: The Centre's capital expenditure in big-ticket infrastructure projects such as highways, railways and power development and investments in critical sectors such as defence are expected to propel India's economic growth in the financial year 2025- 2026 and beyond, according to a report by financial services firm Prabhudas Lilladher (PL).