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.
With global GDP rising from US$11.74 trillion in 1950 to US$166.65 trillion in 2023, the last seventy-five years were probably the best for the entire human race.
The swift growth in the first quarter of the current financial year further consolidates India’s position as the world’s fastest growing major economy.
The Real GDP in Q1 of FY 2025-26 is estimated at Rs 47.89 lakh crore, against Rs 44.42 lakh crore in Q1 of FY 2024-25.
India’s GDP expansion is projected to ease to 6.7 per cent in Q1 FY2026 from 7.4 per cent in Q4 FY2025, while the growth in the gross value added (GVA) is projected to record a dip to 6.4 per cent in Q1 FY2026 from 6.8 per cent in Q4 FY2025, the rating agency ICRA said.
India's logistics sector is projected to reach $800 billion in valuation by 2030, contributing 11 per cent of the country’s GDP, according to a new report.
