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.
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.
