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.
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.
