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.
State Bank of India (SBI) in its research report has projected India’s GDP growth for Q4 FY25 at around 6.4-6.5 per cent, and for FY25, at 6.3 per cent.
Icra, in its note, projected the year-on-year (YoY) expansion of the GDP to rise to 6.9 per cent in Q4 FY 2025, from 6.2 per cent in Q3 FY 2025, significantly undershooting the NSO implicit estimate of 7.6 per cent for the quarter.
India has long been a beacon of craftsmanship, famed for its architectural marvels, intricate artistry, and precision metallurgy. Centuries ago, our industries contributed nearly 30 per cent of the world’s GDP, demonstrating an unwavering dedication to excellence.
“Global South” is a term coined in 1969 by Carl Ogelsby, an American writer and activist of the New Left. Global South was initially used as a synonym for the Third World, which replaced the original term after publication of the Brandt Report in 1980.
India continues to remain the world’s fastest-growing major economy and the only country expected to clock over 6 per cent growth in the next two years, according to an IMF report released on Tuesday, which has trimmed the growth forecast for over 120 countries.
