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Monday, September 29, 2025
TopicIndia GDP

Topic: India GDP

Whose economic performance was better, UPA or NDA? Growth rates don’t tell the whole story

A simple growth rate comparison suggests India grew slower in 2014-23 than 2004-2013, but this overlooks impact of global economy. Factoring this in changes economic performance picture.

Construction, manufacturing & mining — how Q2 GDP growth of 7.6% beat estimates

In October, RBI predicted a 6.5% growth in Q2. The relatively strong performance in Q2 comes on the back of 7.8% growth in Q1, taking growth in first half of the financial year to 7.7%.

World Cup win & $4 tn economy? Australia dashed hopes of former, but simple math negates the latter

Many including Union ministers cited still from YouTube livestream of 'real time GDP data' to celebrate India becoming '$4 tn economy'. But govt data shows claim is unfounded.

8% GDP growth target ‘imaginable goal’ for India, says ex US treasury secretary Larry Summers

Speaking at event hosted by Confederation of Indian Industry and the Department of Economic Affairs, Summers also made a strong pitch for renewable energy transition to check climate change.

‘Robust economic momentum’: Moody’s raises India’s GDP forecast to 6.7% for 2023

Moody’s also said India's monsoon season which runs from June to October could see below average rainfall, resulting in higher food prices.

India’s economy to grow at solid pace but not so much for jobs growth, say economists

World Bank President Ajay Banga recently said the key to India's growth story is through more jobs as he outlined the opportunity to cash in on the ‘China Plus One’ strategy.

Can India earn ‘developed’ tag by 2047? GDP growth seems elusive, human development may be easier

The Narendra Modi government has set before the country the goal of attaining “developed country” status by 2047. On an initial reckoning, this seems...

Modi govt and Congress squabbling over per capita income, but both are using the wrong measure

Last month, finance ministry celebrated the fact that 'per capita income has more than doubled to Rs 1.97 lakh' since 2014. Congress claims per capita income grew '259 per cent' under UPA.

GDP growth in October-December quarter is stronger than data suggests, say economists

The lower-than-expected growth was led by an upward adjustment in the base year GDP, said chief India economist at HSBC.

India’s GDP to grow at 6.2% in FY24, rising interest payments a concern, says UN report

The report noted that the rising interest rates signify that interest payments could be higher than the entire education budget of a few years ago.

On Camera

Pakistan is thrilled with Trump’s embrace. No one’s asking what does US want

The happy and excited Pakistanis should now begin to look at another dark era of authoritarian rule worse than what they experienced under Zia.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

India looks to procure more S-400/S-500 air defence systems from Russia

The 2018 contract with Russia for 5 S-400 systems had a follow-on clause for 5 more. S-400 was described as a 'game-changer' for shooting down 5 Pakistan fighter jets during Op Sindoor.

Something’s hidden in the Oval Office photo of Trump, Munir, Sharif. India must look closely

What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.