New Delhi, Jan 29 (IANS) A strong manufacturing sector can push India’s medium-term economic growth to 7.5 or 8 per cent, higher than the 7 per cent projected in the Economic Survey, Chief Economic Adviser V. Anantha Nageswaran said on Thursday.Addressing the media after the tabling of the Economic Survey in the Parliament, the CEA said that a strong manufacturing sector, which pushes up exports, would also reduce the current account deficit and bolster the rupee.He also said that the sector i…
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New Delhi, Jan 6 (IANS) India is expected to deliver another year of relatively strong economic growth in 2026-27 despite the global uncertainties that continue to cloud the outlook, according to a report released by India Ratings and Research on Tuesday.The report projects India’s real GDP growth to be 6.9 per cent in FY27, easing from an estimated 7.4 per cent in FY26.According to the agency, India’s strong macro fundamentals and recent policy measures undertaken by the government should h…
New Delhi, Jan 2 (IANS) India’s nominal GDP growth is expected to improve to about 11 per cent in FY27 with real growth at 7.2 per cent, driven by domestic credit‑led consumption and policy support, a report said on Friday.The report from SBI Mutual Fund said that it is “constructive on growth” in the medium term with structural reforms and premiumisation driving the outlook, though global slowdown and geopolitics remain key risks. Real GDP growth in FY26 averaged 8 per cent year‑on‑year…
New Delhi, Dec 23 (IANS) In real effective terms, the Indian rupee remained stable in November, as depreciation of the INR in nominal effective terms was offset by higher prices in India compared to its major trading partners, according to the Reserve Bank of India’s (RBI) December Bulletin.The rupee depreciated against the US dollar in November, pressured by the strengthening of the US dollar, muted foreign portfolio flows, and uncertainty surrounding the India-US trade deal.“The volatility…