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India’s GDP Growth Projection For FY 2026–27 Why in the News? A report released by State Bank of India Research projects India’s economy to grow at 6.6% in FY 2026–27, compared to an estimated 7.5% growth in FY 2025–26. The report highlights India’s economic resilience despite global uncertainties, while also cautioning against risks from crude …
Read MoreINDIA’S ECONOMIC CHURN AND THE NECTAR OF GROWTH Why in the news? The economy of India is being described as a “fact-rich story” of resilience, growth, and energy security, countering global sceptics who label it a “dead economy.” This positive narrative is supported by the latest economic survey 2024 and reflects the current Indian economy …
Read MoreWhy in the News ? The rupee has strengthened to nearly ₹86 per US dollar, reversing its decline over the past six months. Additionally, inflation has softened, and foreign exchange reserves have rebounded. However, global risks like US trade policies require continued economic vigilance from the government and RBI. Signs of Economic Stabilisation: The rupee …
Read MoreWhy in the news? IMF raises India’s growth forecast to 6.8% for FY 2024/25, highlighting global economic resilience amid challenges. source:BS About the IMF Raises India’s Growth Forecast: Growth Projections: IMF revises India’s GDP growth forecast for FY 2024/25 to 6.8%, up by 0.3% from January’s projection. It forecasts a 6.5% expansion for the next …
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