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India Set to Lead Global Growth in 2025-26, Says RBI

New Delhi : India is poised to retain its position as the world’s fastest-growing major economy in the financial year 2025–26, according to the Reserve Bank of India’s (RBI) annual report released on Friday. The central bank highlighted several positive economic indicators that underpin this optimistic projection, including robust private consumption, a stable financial ecosystem, […]

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IMF Lowers India’s Growth Forecast for 2025 to 6.2%, Cites Global Trade Uncertainty and US Tariffs

New Delhi, April 23 ,2025 : The International Monetary Fund (IMF) has revised India’s economic growth projection for the year 2025, lowering it from 6.5% to 6.2%. The downgrade is attributed primarily to heightened global trade uncertainties and rising tariffs imposed by the United States. In its latest World Economic Outlook report released this week, […]

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RBI reduces the repo rate by 0.25% marking the first cut in almost five years.

New Delhi, Feb 7 ,2025: In a move aimed at providing relief to borrowers, the Reserve Bank of India (RBI)’s Monetary Policy Committee (MPC) on Friday lowered the policy repo rate by 0.25% to 6.25%, citing easing inflationary pressures. This marks the central bank’s first rate cut in almost five years, raising expectations of reduced […]

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India’s Manufacturing PMI Climbs to Six-Month High of 57.7 in January, Driven by Strong Export Orders

New Delhi, Feb 3, 2025: India’s manufacturing sector experienced a significant rebound in January 2025, as the Manufacturing Purchasing Managers’ Index (PMI) surged to 57.7, marking its highest level in nearly six months. This robust growth was driven primarily by a surge in export orders, signaling a strong start to the new year. The PMI […]

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PM Modi: Budget 2025-26 to Fuel India’s Aspirations for Viksit Bharat

Prime Minister Narendra Modi has emphasized that the Union Budget 2025-26 will play a crucial role in shaping India’s path toward becoming a Viksit Bharat (Developed India). Addressing the media ahead of the Budget Session of Parliament, he remarked that this will be the first full-fledged budget of his government’s third consecutive term and will […]

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Shri Ashwini Vaishnaw highlights India’s Progress and Vision at Davos

Prayagraj, January 23, 2025- Union Minister for Railways, Communications, Electronics, and IT, Shri Ashwini Vaishnaw, shared key insights during his address at the World Economic Forum in Davos. He emphasized India’s growing trust factor, technological advancements, and transformative economic policies under the leadership of Prime Minister Narendra Modi. India’s Trust Factor in Foreign Policy and […]

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India services PMI surges to 59.3 in December on strong demand

New Delhi, Jan 6, 2025: India’s services sector witnessed robust growth in December 2024, achieving the fastest expansion in four months, fueled by strong demand and easing inflationary pressures, according to a private survey released on Monday. The S&P Global India Services Purchasing Managers’ Index (PMI), compiled by HSBC, surged to 59.3 in December, up […]

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Chhattisgarh to become industrial hub of India with the new industrial policy: Chhattisgarh Chief Minister Vishnu Deo Sai

Raipur December 13, 2024- Chhattisgarh Chief Minister Vishnu Deo Sai highlighted the transformative initiatives undertaken by his government, which are poised to play a crucial role in driving India’s overall growth. He emphasized that the state’s new industrial policy is a key step towards establishing Chhattisgarh as an industrial hub, with a focus on fostering […]

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