New Delhi, Jan 8 (IANS) A United Nations (UN) report released on Thursday projects India’s GDP growth at a robust 6.6 per cent even as it expects the global economic growth to slow down to 2.7 per cent during 2026, due to geopolitical risks and policy uncertainty.”Strong demand in major markets may partially offset the US tariff hike impact on India,” the report states.Although the UN report has lowered the estimate for India’s growth rate from 7.4 per cent earlier, it is in tune with the IM…
Latest Ministry of Statistics News & Updates
New Delhi, Jan 7 (IANS) While the 7.4 per cent GDP growth rate projected for FY 26 in the first advance estimates of the Ministry of Statistics “is quite expected and reasonable”, the actual figure is eventually likely to be higher at around 7.5 per cent, an SBI Ecowrap report released on Wednesday stated.”We believe that GDP growth for FY26 would be around 7.5 per cent with an upward bias. The second advance estimates, incorporating additional data and revisions, are scheduled to be released on…
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…
New Delhi, Dec 29 (IANS) The growth rate of India’s industrial production surged to 6.7 per cent in November this year compared to the same month of the previous year after having slowed to 0.4 per cent in October due to the long holiday season in the festive month, according to figures released by the Ministry of Statistics on Monday.The strong industrial growth was driven by an 8 per cent surge in the manufacturing sector, led by a robust performance in basic metals and fabricated metal prod…
New Delhi, Dec 22 (IANS) The combined Index of Eight Core Industries (ICI) increased by 1.8 per cent in November (year-on-year), as cement, steel, fertiliser and coal recorded positive growth last month, the government data showed on Monday.Coal production increased by 2.1 per cent in November 2025 over November 2024.Its cumulative index, however, declined by 1.4 per cent during April to November, 2025-26 over corresponding period of the previous year, according to the Commerce Ministry data.“…