India posts fastest growth in six quarters
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India’s unexpectedly strong economic growth last quarter has reduced chances of an interest rate cut at this week’s central bank’s policy meeting despite record-low inflation.
India's digital economy is rapidly outpacing GDP growth, driving transformation in Asia-Pacific's e-commerce landscape, says a new report.
India’s GDP came in better-than-expected at 8.2% for the July-September quarter of the ongoing fiscal, beating RBI's and economists' expectations of around 7-7.2% rise.
India’s economy grew faster than expected last quarter, underscoring its resilience even as President Donald Trump’s steep tariffs cloud the outlook for the rest of the year.
Nomura expects India's benchmark Nifty 50 to climb to 29,300 by end-2026, about 12% above current levels, as cyclical economic momentum and earnings growth regain traction under supportive policies, its analyst Saion Mukherjee said.
At the core of this transformation is Indian Railways, serving as the nation’s largest mobility and freight backbone—moving raw materials, finished goods and millions of citizens every day.
India’s services sector continued to expand in November, with the HSBC India Services Purchasing Managers’ Index (PMI) rising to 59.8 from 58.9 in October, according to data released by S&P Global.
India's robust growth numbers for the September quarter are raising questions about the need for lower rates even as record-low inflation gives the central bank ample room to resume reductions later this week,
“India’s real GDP is projected to grow by 6.7 per cent in fiscal year 2025-26, 6.2 per cent in 2026-27 and 6.4 per cent in 2027-28. Higher tariffs applied by the United States are expected to weigh on exports, but private consumption will be supported by rising real incomes as inflation remains low and consumption taxes decline,” the report said.
India is well-positioned to sustain strong economic growth, with GDP projected to expand above 7% in FY25 backed by macro fundamentals and reform momentum, says newly appointed FICCI President Anant Goenka.
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