New Delhi, Feb 1 (IANS) Senior Congress leader and former Finance Minister P. Chidambaram issued a scathing critique of the Union Budget 2026-27 presented by Finance Minister Nirmala Sitharaman on Sunday, declaring that it “failed the test of economic strategy and economic statesmanship”. In a detailed statement, Chidambaram expressed astonishment at the budget speech, arguing that it disregarded the major challenges highlighted in the Economic Survey 2025-26 and relied instead on a barrage of a…
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New Delhi, Jan 7 (IANS) Prime Minister Narendra Modi on Wednesday said that India’s “Reform Express” continues to gain momentum, as official figures showed that real GDP has been estimated to grow by 7.4 per cent in FY 2025-26 against the growth rate of 6.5 per cent during FY 2024-25.According to the National Statistics Office (NSO), nominal GDP is estimated to grow at 8.0 per cent in FY2025-26.In an X post, PM Modi said: “This is powered by the NDA Government’s comprehensive investment push a…
New Delhi, Jan 7 (IANS) India’s real GDP growth rate has been projected at 7.4 per cent in FY 2025-26, up from 6.5 per cent during FY 2024-25, according to the advanced estimates released by the Ministry of Statistics on Wednesday.The buoyant growth in the services sector has been found to be a major driver with a robust growth of 9.9 per cent at constant prices in FY 2025-26 for financial services, real estate, professional services, and public administration.Trade, hotels, transport, and com…