Goldman Sachs Lowers India GDP Growth Outlook Amid Trade War
Donald Trump’s imposition of a 25% tariff on Indian goods has led Goldman Sachs to predict a lower growth forecast for India, renewing concerns over trade tensions with the US. The projected real GDP growth is now estimated at 6.5% for 2025, a decrease of 0.1% from previous forecasts, and 6.4% for 2026, which is…
Abdullah Ansari
India Likely to See 7% GDP Growth in Fiscal Year 2026
The Indian economy is most likely to grow by 7 per cent in the current fiscal year, slightly above the 6.6 per cent projected by the IMF in October, said Gita Gopinath, former chief economist at the Washington-based International Monetary Fund (IMF).  Gita Gopinath stated that the IMF projection did not see India’s strong 8.2…
Shipra Prajapati
India’s GDP Expected To Grow At 6.4% In The FY25
On January 7, 2025, the centre released estimates for India’s GDP (Gross Domestic Product) growth rate in the current fiscal year. According to this estimation, the country’s GDP is predicted to grow at 6.4% in the fiscal year 2024-25, marking a four-year low and a sharp decline from 8.2% in FY24. A recent report from…
Himanshu
7% GDP Growth? India’s Economy Defies All Odds
The World Bank upgraded India’s GDP growth forecast by 0.4% to 7% in FY 2025 despite ongoing external economic turbulences, war, and post-pandemic rebound effects. They further mentioned that geopolitical tensions could inflate commodity prices, and resurgent inflation will keep global interest rates high for a long time. The report mentioned, “These risks notwithstanding, medium-term…
Chandan Kumar
Sachs Predicts India’s GDP Growth To Soar At 6.7%
The renowned US-based financial institution Goldman Sachs, known to be a global investment bank, has revised its GDP forecast for India by 10 basis points to 6.7% for 2024. This revision is based on sustained growth momentum and the expectation of extra fiscal space due to a dividend transfer from RBI to the government. The…
Bhumika
Generative AI To Add $1.5 Trillion In India’s GDP
Nowadays, AI has taken the world by storm, and everybody is talking about incorporating AI into the existing infrastructure and its benefits. In a report named, ‘AIdea of India: Generative AI’s Potential to Accelerate India’s Digital Transformation’, Ernest & Young claimed that Generative AI can potentially add up to $1.5 trillion to India’s Economy by…
Yash Sharma
India Expected To Witness GDP Growth By Virtue Of AI
According to a report titled “AI Adoption Index” by The National Association of Software and Services Companies (NASSCOM), the Indian economy may witness an addition of $500 Billion By 2025 to its GDP. This addition to the GDP is a result of the adoption of including artificial intelligence in economic functioning. “The pandemic has made…
Sumit
India’s Q3 GDP Growth Data: Key Things To Know
Yesterday, the Government released India’s Q3 growth data for October-December 2022. The National Statistical Office(NSO) released an estimate of the growth rate in FY23 along with some numbers that show the slowdown in the economy due to inflation. According to the Government’s data, the estimated GDP growth for FY23 is expected to increase by 7…
India Needs 18% GDP Growth To Meet Current Job Demands
In the latest report (State Of India’s Livelihood) released by the ACCESS department, India would require a GDP growth rate of 18% to ensure that the growing job demands are met. The study underlines the shift of people from agriculture to low paying jobs. It brings attention to the fact that people are shifting from…
Aman Goyal
World Bank Cuts India’s GDP Forecast to 6.5%
The World Bank reduced India’s growth prediction for 2022-23 (April-March) by 100 basis points, forecasting that the Indian economy will grow at 6.5 per cent, down from 7.5 per cent in June. India’s GDP registered a growth of 8.7 per cent in 2021-22. The Bank marked in its latest South Asia Economic Focus, issued ahead…
