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.
The Ministry of Statistics and Programme Implementation (MoSPI) organised the meet in Mumbai for making these indices more robust and effective.
S&P Global Ratings maintained India's growth forecast at 6.8 per cent while noting that the Reserve Bank of India (RBI) may cut interest rates in October.
The country is expected to become a $4 trillion economy in 2024–2025, which would make it the world's fourth-largest economy.
Household consumption is poised to grow faster in the second quarter of the current fiscal (FY25) as headline inflation eases, with a revival of rural demand already taking hold, the Reserve Bank of India (RBI) said on Friday.
India’s decision to expand its healthcare programme, providing free medical insurance coverage to citizens aged 70 and above, is a landmark move that demonstrates the government’s continuing commitment to social welfare.
