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Wednesday, August 6, 2025
TopicGDP growth rate

Topic: GDP growth rate

India has the fastest growing number of billionaires. This isn’t a good thing: Veerappa Moily

If household earnings do not increase, consumer demand will weaken, undermining the very growth of GDP.

7 months into FY25, govt has met just 42% of capex target, low GDP growth puts strain on fiscal goals

Corporate tax collections saw modest growth of just 1.2%, but a 20.2% rise in income tax collections helped strengthen the government's overall revenue position.

Indian economy has rung 3 alarm bells. The new govt must deal with it within 100 days

Modi govt's GDP growth data for 2024-25, expected this month, must not overwhelm the senses of the new government that comes to power in June.

Global growth set to slow, but India seeing higher investment & manufacturing, says UN report

The UN World Economic Situation and Prospects 2024 report says while India will remain fastest-growing big economy, it faces risks from erratic monsoons & possible oil price spike.

RBI hikes GDP growth estimate for FY24 from 6.5% to 7%. Demand revival & govt capex among factors

RBI’s monetary policy committee voted to keep interest rates unchanged at 6.5%, says RBI Governor Shaktikanta Das. Adds, inflation is set to ease further to 5.2% by end of financial year.

After causing some worry, manufacturing brings a pleasant surprise in Q2. But consumption a concern

While indicators of urban demand are growing at a sharp pace, rural consumption is in slow lane. However, manufacturing, mining and construction have all seen double-digit growth.

Interest rate hikes might have slowed growth more than easing inflation, finds RBI 

RBI has hiked interest rates by 250 basis points since May 2022 to combat inflation. Study by central bank says growth might have been ‘sacrificed’ by 65 basis points due to this.

GDP growth slows to 4.4% in Q3 from 6.3% in second, says govt data

The sharp fall in year-on-year growth rate is also partly due to a fading of pandemic-induced base effects which had contributed towards higher growth figures in fiscal 2021/22.

After Fitch, Asian Development Bank cuts India’s growth forecast to 7% from 7.2% for FY23

Last week, Fitch Ratings had slashed the country's GDP projection to 7% for current fiscal year citing elevated inflationary levels and higher interest rates.

On Camera

Ola & Uber to soon have a new competitor as 8 cooperatives take the wheel. All about Bharat Taxi

Bharat Taxi is a cooperative initiative under newly formed Multi-State Sahakari Taxi Cooperative Ltd, which is backed by 8 cooperatives.

Wang Yi to visit India this month, Modi to travel to China, Putin comes in later this year

PM could visit Japan on 30 August before heading to China. Sources say, bilaterals being planned with Jinping and Putin on SCO sidelines in China.

Pakistan, Dhaka have played Washington well. Back home, Modi ecosystem has an inner conflict

To protect ourselves from Trumpian diplomacy, first we must introspect the bipolarity within our establishment discourse.