Mumbai, July 4 (IANS) India’s aviation sector saw a gradual recovery in international traffic in May over easing geopolitical tensions in West Asia and continued to witness strong domestic demand, a report said on Saturday.Easing geopolitical tensions facilitate gradual normalisation of international flight operations, while lower fuel costs support airlines despite continued pressure from a weak rupee on aircraft leases, maintenance and other dollar-denominated operating expenses, the report …
Latest Domestic Demand News & Updates
Washington, June 11 (IANS) India will remain the world’s fastest-growing major economy despite the economic shock from the conflict in the Middle East, with the World Bank on Thursday raised its growth forecast for the country even as it cut projections for much of the global economy.In its latest Global Economic Prospects report, the World Bank upgraded India’s growth forecast for 2026 to 6.6 per cent from its January estimate of 6.5 per cent and raised its 2027 projection to 7.2 per cent from …
New Delhi, May 13 (IANS) Leading global brokerage Morgan Stanley has projected India’s GDP growth to be healthy at 6.8 per cent for 2026, supported by strong domestic demand, government-led capital expenditure and improving industrial activity across Asia.Moreover, the brokerage in its latest outlook noted that the nation is likely to benefit from Asia’s emerging industrial and capital expenditure super-cycle, with domestic demand momentum remaining resilient despite global macroeconomic and…
New Delhi, May 6 (IANS) India’s manufacturing sector reported sustained growth and rising optimism in Q4 FY26 even as input costs climbed, a report said on Wednesday. The report from FICCI said that its Manufacturing Survey found 93 per cent of respondents saying production was higher or flat, compared to 91 per cent in the previous quarter.This optimism was also evident in domestic demand, as 89 per cent of respondents anticipated higher or same orders in Q4 FY 2026 compared to the previous q…
New Delhi, May 6 (IANS) India’s services sector activity strengthened in April, with the Purchasing Managers’ Index (PMI) rising to a five-month high of 58.8, because of robust domestic demand and increased business activity, the HSBC India Services PMI data showed on Wednesday.The seasonally adjusted HSBC India Services PMI Business Activity Index rose from 57.5 in March to 58.8 in April, which is the strongest pace of expansion since November.Moreover, new business inflows also grew at the f…
New Delhi, April 23 (IANS) Indian oil marketing companies (OMCs) have begun relying on their commercial crude inventories as supply chains tighten following the closure of the Strait of Hormuz amid escalating geopolitical tensions in West Asia, according to a report on Thursday.The disruption linked to the ongoing US-Israel conflict involving Iran has constrained supplies from the Gulf region, while sharply increasing freight charges, insurance premiums and transit durations, NDTV Profit reporte…
Mumbai, April 9 (IANS) Global brokerage firm Morgan Stanley on Thursday said that Indian markets are poised for a strong rally with Sensex likely to touch 95,000 level by December 2026.In its latest India Equity Strategy Playbook report, the brokerage firm said that the current combination of depressed valuations, improving earnings momentum and cautious investor positioning reflects conditions typically seen near the end of market downturns.In the base case, the headline index Sensex is expecte…
Washington, April 8 (IANS) India’s economy is projected to grow 7.6 per cent in FY2025/26 before moderating to 6.6 per cent the following year, anchoring South Asia even as regional growth slows to 6.3 per cent in 2026, the World Bank said on Wednesday. The latest South Asia Economic Update said India remains the primary engine of regional expansion, with its growth underpinned by strong domestic demand, trade reforms, and new agreements, including a free trade pact with the European Union….
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…
New Delhi, Jan 18 (IANS) Business confidence in India is steadily improving, reflecting strong domestic demand and expectations of continued reforms in the Union Budget 2026–27, according to the latest Business Outlook Survey by the Confederation of Indian Industry (CII) on Sunday.CII’s Business Confidence Index rose for the third straight quarter to 66.5 in Q3 FY26, marking its highest level in five quarters.The report showed that companies are optimistic about demand, profitability and inv…