‘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.
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.
The monthly real gross domestic product (GDP) of the United Kingdom (UK) is estimated to have remained stagnant in July, according to official data on Wednesday.
The debate over whether the US economy has performed better under President Joe Biden or his predecessor, Donald Trump, is central to the current presidential campaign.
India’s services sector, which has assumed a key role in its economy, continues to demonstrate remarkable resilience, with growth accelerating to a five-month high in August.
Reserve Bank of India (RBI) Governor Shaktikanta Das said despite the moderation seen in first quarter gross domestic product growth (GDP), the Indian economy is likely to achieve full year growth of 7.2 per cent as projected.
