New Delhi, April 9 (IANS) Despite mounting risks from rising crude, a weaker rupee, India’s growth momentum continues to remain robust, with Q3 GDP expanding by 7.8 per cent and full-year FY26 growth projected at 7.6 per cent, healthy private consumption growth and manufacturing push, a report said on Thursday.The recent market corrections created a favourable valuation backdrop, with the Nifty trading at a 5.6 per cent discount to its five-year average PE, enhancing the medium-term risk-rewar…
Latest Fiscal Deficits News & Updates
Washington, April 9 (IANS) The move by India to expand its domestic defence manufacturing could strengthen economic growth, the International Monetary Fund said, noting that higher military spending can lift output when it supports local industry.“Defence buildups can boost economic activity in the short term—lifting consumption and investment,” the IMF said in its latest analysis of global defence trends.The report comes as defence spending rises worldwide amid growing geopolitical tensio…