Bengal’s chance to plant a new tree
In O. Henry’s The Last Leaf, ailing Johnsy clings to life because one painted leaf refuses to fall. Such is the power of optimism; it does not need to be certain to be effective.
In O. Henry’s The Last Leaf, ailing Johnsy clings to life because one painted leaf refuses to fall. Such is the power of optimism; it does not need to be certain to be effective.
S&P Global Ratings cut India's GDP growth to 6.6 per cent in the current fiscal year, driven by energy stress, a sub-par monsoon and slowing global growth.
India's Gross Domestic Product (GDP) is set to grow at 6.6 per cent in the current fiscal as compared to 7.7 per cent in FY26, said BMI, a Fitch group company, citing weaker investments and consumption growth and trade shocks from the West Asia crisis.
India’s current account surplus moderated to $7.1 billion, or 0.7 per cent of GDP, in the fourth quarter (January-March) of financial year 2025-26, compared with $13.7 billion in the same period a year ago, according to the Reserve Bank of India’s latest Balance of Payments data.
Prime Minister Narendra Modi on Friday welcomed India’s latest GDP data, calling it proof of economic resilience, reform impact and the hard work of 140 crore Indians.
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.
