India to Expand its Economy to $16 Trillion by 2042
India is set to enter a crucial phase of economic expansion. This period could redefine long-term wealth creation. The insight comes from Motilal Oswal Financial Services’ 30th Wealth Creation Study, which highlights a significant acceleration in the country’s economic growth and consumption patterns over the next 17 years. A wealth-creation study outlines a parallel with…
Shipra Prajapati
YouTube Initiates New AI Tools &Â Major Partnership
YouTube has announced a broad range of new AI-enabled features, learning initiatives, and safety tools at its annual YouTube summit, accompanied by new economic impact findings from Oxford Economics. According to the report, YouTube’s creative ecosystem contributed over ₹16,000 crore to India’s GDP last year and rendered over 930,000 full-time equivalent jobs. Gunjan Soni, Managing…
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 Leads Global Growth Despite Forecast Dip to 6.2%
India’s economic growth for the fiscal year 2025 has been revised downward by the International Monetary Fund (IMF), reflecting global economic uncertainties. The IMF now projects India’s GDP to grow at 6.2%, down from its previous estimate of 6.5% for the fiscal year 2025-26, a decrease of 0.3 percentage points and 0.2 percentage points to…
Bhumika
India To Surpass Japan and Germany In Economic Growth
The annual meeting of Tamil Magazine ‘Thuglak’ took place in Chennai on January 14, 2025. It was the 51st anniversary of Thuglak, which Cho Ramaswamy founded on January 17, 1970. Many politicians, including Amit Shah, LK Advani, and PM Narendra Modi, attended this annual meeting. Piyush Goyal, the Union Minister of Commerce and Industry, addressed…
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
RBI’s 5th Monetary Policy For The Financial Year 2024-25
After a two-day meeting of the MPC (Monetary Policy Committee) amid worrying headline inflation and GDP (Gross Domestic Product) figures, the 5th monetary policy of the current financial year 2024-25 will be unveiled today. Shaktikanta Das, the Governor of the RBI (Reserve Bank of India), will unveil the policy. This review will offer a framework…
Yash Sharma
IMF FY25 Forecast: India Grows At 7% & US At The Helm
The International Monetary Fund (IMF) released its latest World Economic Outlook (WEO) on Tuesday, sharing a positive outlook on India’s growth trajectory. The multinational lender IMF forecasted that India will grow at 7% in the current fiscal year, which will end on March 31, 2025. IMF expects India to grow at 6.5% in FY25-26. IMF…
Rising External Debt, Falling Debt-to-GDP Ratio
In its latest report, the Reserve Bank of India has provided key insights into India’s economic indicators. The report highlights that India’s external debt has increased by $39.7 billion, reaching a total of $663.8 billion by the end of March 2024. These figures would have been slightly higher if the valuation effect had not been…
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…
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