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…
Latest GDP Growth News & Updates
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…
New Delhi, Feb 27 (IANS) Chief Economic Advisor (CEA) V. Anantha Nageswaran on Friday said there is no doubt that India will become the third largest economy in the course of the next few years, as the country’s real GDP growth rate was estimated at 7.8 per cent for Q3 FY26 in the new series with 2022-23 as the base year, and 7.6 per cent for the full financial year.Answering an IANS question at a press conference here, Nageswaran said that our growth rate post-Covid has been probably one of the…
New Delhi, Feb 27 (IANS) India’s gross domestic product growth for the third quarter of the current financial year (Q3 FY26) will likely remain elevated at 8.3 per cent, driven by demand fuelled by goods and services tax (GST) rate cut despite an unfavourable base effect, a report has said.The report from Union Bank of India said that gross value added growth for Q3 FY26 likely improved to 8 per cent from 6.5 per cent in Q3 FY25, though it may be marginally slower than the 8.1 per cent recorde…
Washington, Feb 19 (IANS) The International Monetary Fund has urged China to take stronger steps to revive domestic demand and reduce economic imbalances, warning that weak consumption and deflation could slow growth and affect the global economy. The IMF Executive Board, which concluded its 2025 Article IV consultation with China on February 13 (local time), said the economy “has remained remarkably resilient despite facing multiple shocks in recent years.”China’s economy grew 5 per cent …
New Delhi, Feb 17 (IANS) The Reserve Bank of India’s (RBI) monetary policy committee (MPC) is likely to keep policy rates unchanged in FY27 as consumer price index (CPI) inflation is expected to see an uptick, a report said on Tuesday.The report from Crisil Ratings said that CPI inflation will rise as the food inflation normalises, adding that the non‑food inflation should remain benign, helped by lower crude oil prices and continued benefits of goods and services tax cuts in the first half of…
Washington, Feb 13 (IANS) India is “well poised” to become the global leader in AI adoption and could see its GDP growth cross 10 per cent in the next two years if it focuses strongly on Artificial Intelligence (AI), Umesh Sachdev, CEO and co-founder of Uniphore, said ahead of the next week’s India AI Impact Summit in New Delhi. “We are at a very interesting point in the AI rollout in the world,” Sachdev told IANS in an exclusive interview. Uniphore serves customers in 20 countries, works with a…