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 market outlook is turning increasingly constructive, as resilient GDP growth, improving earnings expectations and supportive monetary policy begin to lift investor sentiment, a new report said on Monday.
Fitch Ratings on Thursday raised India's GDP growth forecast for the current fiscal year to 7.4 per cent, up from 6.9 per cent, ascribing it to increased consumer spending and improved sentiment boosted by GST reforms.
The recent assessment of India’s national accounts by the International Monetary Fund (IMF) serves as a sobering reminder that numbers, however precise they appear, are only as reliable as the systems that generate them.
With a 7 per cent GDP expansion in 2025 and 6.4 per cent in the next year, India will lead growth among emerging markets and across the Asia Pacific region, said Moody's Ratings on Friday.
India's economy is expected to grow by 6.5 per cent in the current fiscal year and 6.7 per cent in the next, according to S&P Global Ratings. The ratings agency noted that tax cuts and monetary policy easing will provide a boost to consumption-driven growth.
