India’s logistics cost has dropped to 10-10.7 per cent of GDP in the Financial Year 2026, according to a report, due to a cumulative investment of $360 billion in infrastructure development.
Bengal today is crying for industry and employment. At independence, it was among India’s leading industrial states.
Moody's Ratings on Tuesday slashed India's GDP growth forecast for year 2026 by 0.8 percentage points to 6 per cent amid higher energy costs. The cut in growth forecast is primarily on subdued private consumption, capital formation, and industrial activity amid higher energy costs.
India's growth is set to decelerate to 6.7 per cent in the current fiscal, from 7.7 per cent in 2025-26, according to BMI, a Fitch Group firm. It said the GDP expansion is likely to slow significantly due to waning momentum and oil price shock from Iran war.
India’s Gross Domestic Product (GDP) growth may slip to around 6 per cent in the current fiscal, while retail inflation could rise to the Reserve Bank of India’s (RBI) upper tolerance band of 6 per cent, if the Indian crude basket averages $120 per barrel, EY said.
India’s position in the global GDP rankings has slipped from fifth to sixth, according to the latest IMF estimates.
India faces a crucial challenge of current account deficit (CAD) as a report by CRISIL highlighted that the country might face a challenge of CAD to touch 2 per cent of GDP under higher oil price scenarios.
India loses its place in the list of top five economies, as the International Monetary Fund’s latest World Economic Outlook estimates puts it as the world’s sixth-largest economy in nominal GDP terms.
India's economic growth could slow by up to 80 basis points if crude averages $130 per barrel in 2026, said S&P Global Ratings on Tuesday.
India's GDP growth is expected to remain "robust" at 6.9 per cent in the current fiscal and rise to 7.3 per cent in the next fiscal, the Asian Development Bank (ADB) said in its Outlook report.
