World Bank Raises India's Growth Forecast to 7.2%
The World Bank revised India's growth projection upward to 7.2% for the current fiscal year, citing robust domestic demand from tax cuts and higher rural income.
The World Bank revised India's growth projection upward to 7.2% for the current fiscal year, citing robust domestic demand from tax cuts and higher rural income.
The recent conflict between Fed Chair Jerome Powell and President Trump underscores the vital importance of central bank autonomy in ensuring financial stability and sustainable economic growth.
President Trump addressed the Detroit Economic Club, projecting solid economic expansion for 2026 while citing steadying inflation data and manufacturing gains.
Deloitte India recommends rationalizing import duties and increasing budget allocations to strengthen domestic manufacturing and improve export competitiveness in the upcoming Union Budget.
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RecommendedNew analysis reveals India's economy stalled after 2010, with key indicators like investment and consumption collapsing, while official GDP numbers showed continued growth, creating a puzzling divergence.
India's Chief Economic Advisor V. Anantha Nageswaran emphasizes that sustainable financial inclusion requires economic growth to create jobs and boost incomes, not just access to credit.
The World Bank maintains India's GDP growth forecast at 6.5% for FY27, citing domestic demand strength offsetting US tariff impacts, while projecting continued fiscal consolidation.
The Federal Reserve faces a major challenge as President Trump's criminal investigation into Jerome Powell could reshape monetary policy and trigger market volatility.
Silver prices surged by Rs 6,000 to a lifetime high of Rs 2,71,000 per kg in Delhi, while gold climbed to Rs 1,45,000 per 10 grams amid strong safe-haven demand.
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RecommendedIndia's latest GDP growth of 8.2% signals a strong economic moment, but questions remain about translating this into sustainable, inclusive development for Viksit Bharat 2047.
RBI Governor Sanjay Malhotra says India's robust economy will continue attracting quality foreign investments across banking, technology sectors despite non-linear inflows.
The Union Budget 2026-27 prioritizes labour-intensive industries and MSMEs with new schemes and expanded support to enhance employment and economic growth across India.
India's Union Budget for FY27 focuses on deregulation and decriminalisation to boost business ease, speed up insolvency, and align with Vision 2047. Key changes to laws expected.
Billionaire investor David Friedberg argues that taxing the ultra-wealthy cannot address California's massive funding shortfalls, revealing how billionaires use the 'Buy, Borrow, Die' strategy to avoid taxes.
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RecommendedFACSI requests tax breaks, easier credit, and regulatory relief for micro and small enterprises in the upcoming Union Budget to boost their growth and role in India's economy.
Gold prices remained steady in major Indian cities while silver surged to new record highs on Tuesday, driven by safe-haven buying and global tensions.
India's economy shows 7.4% growth, but tax revenues lag, raising concerns about economic health and fiscal stability amid potential data discrepancies.
The Narendra Modi government confronts a significant Rs 3 trillion fiscal shortfall in the upcoming Union Budget 2026, limiting options for tax cuts.
The Modi government confronts a significant Rs 3 trillion fiscal gap in the upcoming Union Budget 2026, with experts predicting no major tax cuts to address the shortfall.
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RecommendedIndia's economy shows robust 7.4% real growth, but tepid 8% nominal expansion threatens government's fiscal space and debt reduction goals ahead of budget.
As India aims for a $5 trillion economy, Budget 2026 needs to increase disposable income through tax reforms. Experts suggest raising exemption limits and simplifying compliance to drive consumption.
FICCI Senior Vice President Vijay Sankar outlines four critical imperatives for the 2026-27 Union Budget to build a resilient, competitive, and future-ready Indian economy amid global challenges.
Learn what makes up India's Economic Survey ahead of Budget 2026, from the Chief Economic Advisor's preface to detailed analytical chapters.
Finance Minister Nirmala Sitharaman will present the Union Budget 2026 on February 1, as per a government-approved proposal. The budget preparation involves key ministries and officials.
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RecommendedIndia's first advance GDP estimate of 7.4% growth for FY26 may quickly become outdated as the government prepares to overhaul the statistical framework next month, changing how the economy is measured.
FACSI calls for GST threshold increase, simplified returns, and a dedicated council for micro and small enterprises ahead of Union Budget 2026.
US Treasury Secretary Scott Bessent reportedly told President Trump that the criminal investigation into Fed Chair Jerome Powell could destabilize financial markets, expressing frustration over the unexpected probe.
The Indian rupee declined by 5 paise to 90.22 against the US dollar in early trade on Tuesday. Analysts attribute this drop to heightened geopolitical tensions and global trade uncertainties.
Pratap Bhanu Mehta argues that framing equality as growth's enemy protects oligarchy. He explains how inequality undermines poverty reduction, entrepreneurship, and social trust in India.
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RecommendedA report reveals Uttarakhand suffered Rs 15,103.52 crore in economic losses from 2025 floods, avalanches, and crashes, with tourism and infrastructure hit hardest.