New Delhi, April 7 (IANS) The Reserve Bank of India (RBI) is likely to keep policy rates on pause as liquidity tools will take centre-stage in 2026, even as crude prices sit about 50 per cent above the central bank’s $70 per barrel assumption, a report said on Tuesday.”Current oil prices are 50 per cent above RBI’s assumption of $70/bbl. Despite this, we continue to see a high bar for monetary tightening,” the report from SBI Mutual Funds said.The AMC firm noted metals and mining as sectoral…
Latest GDP Growth News & Updates
New Delhi, April 7 (IANS) Global geopolitical tensions are beginning to weigh on India’s economic outlook, but the country is still expected to maintain steady growth as GDP growth expected at 6.2 per cent for FY2027, a report said on Tuesday.The data compiled by Morgan Stanley projected India’s growth, even as rising energy costs, supply disruptions, and external pressures pose fresh challenges.However, it is lower than earlier estimates of 6.5 per cent, the report stated. The downgrade ref…
New Delhi, April 6 (IANS) Moody’s Ratings on Monday maintained India’s sovereign credit rating at Baa3 with a stable outlook.In its latest report, the agency said India’s stable outlook reflects improving fiscal indicators since the pandemic and relatively resilient economic growth compared to other countries.It also noted that continued investments in infrastructure, digitalisation, and financial sector reforms have supported a steady recovery.However, Moody’s warned that rising geopoli…
Mumbai, April 1 (IANS) Domestic policy measures and relatively stronger corporate balance sheets provide some cushion to the credit profile of India Inc but the critical question is whether these domestic levers will be sufficient to keep credit quality on course if the global environment deteriorates further, a report showed on Wednesday.Amid the emerging geo-political environment, the credit ratio for the manufacturing and services sector in India improved to 2.06 times in the second half of F…
New Delhi, March 26 (IANS): The Organisation for Economic Cooperation and Development (OECD) on Thursday pegged India’s GDP growth rate at 7.6 per cent for 2025-26, 6.1 per cent for 2026-27 and 6.4 per cent for 2027-28, with the country remaining the world’s fastest-growing major economy. The OECD’s interim Economic Outlook report states that conflict in the Middle East is testing the resilience of the global economy. The halt in shipments through the Strait of Hormuz and the closure and dam…
Mumbai, March 25 (IANS) India is at the cusp of a new investment upcycle and domestic equities are currently trading at fair valuations relative to global peers, a new report showed on Wednesday.Nifty 50 is at approximately 20 time P/E (Price-to-Earnings) — below its recent historical averages. The valuation comfort is supported by robust macroeconomic fundamentals, including expected GDP growth of 7.3–7.5 per cent and steady earnings expansion, according to the report by Emkay Global Financ…
New Delhi, March 25 (IANS) India’s growth remains resilient at an estimated 7.1 per cent for FY27, even as geopolitical tensions in the Middle East pose challenges to the broader Asia-Pacific region, according to a report by S&P Global on Wednesday.In its latest economic outlook, S&P Global has highlighted that India remains among the fastest-growing major economies, supported by strong domestic demand, steady exports, and a gradual recovery in private investment.S&P has projected …
New Delhi, March 6 (IANS) While the Iran war has already driven Brent crude up around 9 per cent to near $80 per barrel and LNG prices by around 50 per cent in the global market, India has sufficient foreign exchange reserves, a low current account deficit (CAD) of 0.8 per cent of GDP in H1 FY26, and low inflation rates, which collectively allow it to effectively mitigate the impacts of rising global crude oil prices and ensure domestic energy security, according to the Finance Ministry’s mont…
New Delhi, March 2 (IANS) India’s GDP growth for FY27 is likely to touch 7.2 per cent and FY26 growth could be revised up to 7.8 per cent from 7.6 per cent in the subsequent GDP estimates from the government, a report said on Monday.The report from HDFC Bank said the new GDP series with base year 2022‑23 confirms India’s healthy growth performance in this fiscal, adding the growth estimates will rise going forward given strong high‑frequency indicators in Q4.The nominal growth for FY27 is …
New Delhi, Feb 27 (IANS) BofA Global Research on Friday retained its FY26 GDP growth for India at 7.6 per cent, along with raising its FY27 GDP growth from 6.8 per cent to 7.4 per cent, reflecting a less adverse trade backdrop, and reasonably easy fiscal and monetary policy.This increase essentially represents lowering of risks to growth and resiliency to both private consumption and private investment. “While commodity prices are inching higher, even at current levels, we see room for monetar…