New Delhi, January 9: Despite the recent challenges and lower-than-expected growth of 5.4 per cent in second quarter of 2025 (Q2FY25), the subsequent four quarters growth is expected to remain on an average of over 7 per cent, says the annual outlook of India by Franklin Templeton. India's domestic growth outlook remains resilient despite recent challenges. The outlook for India says high-frequency indicators suggest that the domestic slowdown has bottomed out in Q2FY25 and recovery signs are evident, driven by festive demand and rural activities."in the subsequent four quarters growth is expected to remain on an average above 7.0 per cent, supported by strong domestic demand and prudent government policies." says the annual outlook.
New Delhi, Jan 5: Union Minister of Steel and Heavy Industries H.D. Kumaraswamy will launch ‘PLI scheme 1.1’ for the steel industry and call for applications at an event scheduled to be held at Vigyan Bhavan in the national capital on Monday.
New Delhi, January 3: The central government's Production-Linked Incentive (PLI) schemes could generate an incremental revenue of USD 459 billion over the next 5-6 years across more than 720 companies, according to a report by Goldman Sachs.