As the fastest-growing large economy, with steady growth projected at 6.7 per cent over the next two fiscal years, India continues to outpace global peers and cement its position as a leader in economic resilience and progress, the government said on Saturday.
India prepares to unveil its Budget 2025, there is a growing need to ensure that interests of small and marginal farmers are at the forefront of agricultural policymaking.
The report expects India to continue to be among the highest growing major economies despite the recent slowdown in growth.
Ahead of the Union Budget, the industry body Confederation of Indian Industry(CII) has put forward a 10-point specific suggestion before the central government to increase Ease of Doing Business.
India's economic trajectory, once celebrated for its resilience and rapid growth, is now encountering significant headwinds.
It cautioned that overly aggressive targets beyond these could adversely affect India's economic growth.
On the sharp fall in gross domestic product (GDP) growth in the second quarter of the current financial year, Chief Economic Advisor (CEA) V Anantha Nageswaran said ''we should not throw the baby out with the bathwater''.
India’s recent GDP figures reveal a slowdown that raises serious concerns about the country’s economic trajectory. At 5.4 per cent year-on-year growth for the July September quarter, this marks the slowest expansion in seven quarters.
The Indian real estate sector is set to cross $4.8 trillion in market size by 2047, contributing over 18 per cent to the projected $26 trillion GDP target for the year, according to a joint report by real estate body CREDAI and Ernst & Young released on Tuesday.
It forecast India's headline inflation at 4.2 per cent (average) in 2025 with food inflation at 4.6 per cent.
