‘Growth momentum remains strong’: PM Modi hails 7.7% GDP expansion in FY26
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.
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 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.
It forecast India's headline inflation at 4.2 per cent (average) in 2025 with food inflation at 4.6 per cent.
Escalating tensions between Russia and Ukraine, rising crude oil prices, foreign institutional investors (FIIs) and Q2 GDP will be the major factors for the stock market next week, according to experts.
It said, this is due to the heavy rains and weak margins offsetting the buoyancy injected by the turnaround in Government capital expenditure and healthy trends in kharif sowing.
As Bhutan embarks on her ambitious journey of creating a “Mindfulness City,” what will ensure the success of such a city? The answer lies not merely in the architecture, green spaces, advanced infrastructure or people, but in its inhabitants’ mindset or cultivation of mind.
The German economy is expected to significantly underperform the eurozone average until at least 2026, according to the European Commission's Autumn Forecast released on Friday.
