News for '-gdp'

How India's Digital Infrastructure Can Boost GDP By 2030

How India's Digital Infrastructure Can Boost GDP By 2030

Rediff.com1 days ago

A NITI Aayog report indicates that India's digital public infrastructure (DPI) initiatives are projected to contribute significantly to the nation's GDP, potentially reaching 4 per cent by 2030.

How India's Digital Infrastructure Can Boost GDP By 2030

How India's Digital Infrastructure Can Boost GDP By 2030

Rediff.com1 days ago

A NITI Aayog report indicates that India's digital public infrastructure (DPI) initiatives could contribute 4 per cent of the GDP by 2030, a significant increase from the current 1 per cent.

West Asia Conflict to Push India's Fiscal Deficit to 4.5% of GDP

West Asia Conflict to Push India's Fiscal Deficit to 4.5% of GDP

Rediff.com6 days ago

India's fiscal deficit is projected to reach 4.5 per cent of GDP for the current fiscal year, exceeding the budgeted target, as the government's policy responses to the West Asia conflict are expected to strain public finances, according to research firm BMI.

RBI Projects 6.9% GDP Growth Amid Global Uncertainties

RBI Projects 6.9% GDP Growth Amid Global Uncertainties

Rediff.com8 Apr 2026

The Reserve Bank of India (RBI) has projected a 6.9 per cent GDP growth for the current financial year, citing concerns over commodity prices and supply chain disruptions stemming from the West Asia crisis.

Iran conflict could shave off 1% point from India's FY27 GDP growth projections: EY

Iran conflict could shave off 1% point from India's FY27 GDP growth projections: EY

Rediff.com31 Mar 2026

A new report suggests that prolonged conflict in the Middle East could significantly impact India's GDP growth and inflation.

Digital Economy to Contribute 20% to India's GDP by 2030

Digital Economy to Contribute 20% to India's GDP by 2030

Rediff.com17 Mar 2026

India's digital economy is projected to constitute nearly 20 per cent of the nation's GDP by 2030, fuelled by a growth rate twice as fast as the overall economy, according to a senior government official.

India's GDP Projected to Grow Robustly Amidst Middle East Tensions, Says OECD

India's GDP Projected to Grow Robustly Amidst Middle East Tensions, Says OECD

Rediff.com26 Mar 2026

The OECD projects India's GDP to grow at 7.6% in the current fiscal year and 6.1% in 2026-27, despite global economic challenges stemming from the Middle East conflict and energy price volatility.

New GDP Series Reshapes India's Growth Story

New GDP Series Reshapes India's Growth Story

Rediff.com27 Feb 2026

Base revisions are technical exercises, but history shows they can significantly reshape the narrative around India's growth performance.

India's GDP Grows 7.8% in Q3 Under New Series; beats estimate

India's GDP Grows 7.8% in Q3 Under New Series; beats estimate

Rediff.com27 Feb 2026

India's economy experienced a growth of 7.8 per cent during the October-December quarter of 2025-26, according to the new series of national accounts with 2022-23 as the base year.

'With Double Deflation, We May Be Mixing Apples And Oranges In GDP'

'With Double Deflation, We May Be Mixing Apples And Oranges In GDP'

Rediff.com2 Mar 2026

'My concern is that, although everything is expressed in monetary terms, you are effectively combining values that have been adjusted using different price measures.'

Gap Between ATM Withdrawals And Cash In Circulation Widens

Gap Between ATM Withdrawals And Cash In Circulation Widens

Rediff.com8 hours ago

A State Bank of India report indicates a sharp increase in precautionary cash holding in India, with the gap between per capita currency in circulation and ATM withdrawals widening significantly, driven by global uncertainties despite record digital payment transactions.

States' fiscal arithmetic tightens in FY27; deficit seen at 3% of GDP

States' fiscal arithmetic tightens in FY27; deficit seen at 3% of GDP

Rediff.com20 Feb 2026

India Ratings & Research (Ind-Ra) has projected the aggregate fiscal deficit of states to rise to 3 per cent of gross domestic product (GDP) in 2026-27 (FY27), from an estimated 2.8 per cent in 2025-26 (FY26), citing higher revenue expenditure amid election-related pressures and scheme cost-sharing requirements.

Bernstein Urges India To Accelerate Structural Reforms

Bernstein Urges India To Accelerate Structural Reforms

Rediff.com5 days ago

Brokerage Bernstein has warned Prime Minister Narendra Modi that India risks squandering recent economic gains unless it accelerates structural reforms, particularly in jobs, manufacturing and innovation.

Vikash Lohia Tops Hurun Successors List

Vikash Lohia Tops Hurun Successors List

Rediff.com5 days ago

Karan Adani of Adani Ports & Special Economic Zone emerged as the top absolute value creator, adding Rs 2.67 trillion as the company's mcap rose from Rs 42,149 crore in March 2020 to Rs 3.09 trillion in March 2026 (7.3x) -- the largest rupee addition on the list.

Second-round effects of supply shocks a real concern, says RBI governor

Second-round effects of supply shocks a real concern, says RBI governor

Rediff.com7 days ago

Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that preventing second-round effects of supply shocks, where inflation expectations rise due to prolonged disruptions, is the primary role of monetary policy. He also defended the RBI's foreign exchange market interventions, asserting it did not commit to an 'indefensible peg'.

Moody's cuts India's FY27 growth forecast to 6% amid West Asia conflict

Moody's cuts India's FY27 growth forecast to 6% amid West Asia conflict

Rediff.com6 days ago

Moody's Ratings has downgraded India's growth forecast for financial year 2026-27 (FY27) to 6 per cent from 6.8 per cent, attributing the revision to weaker consumption and industrial activity, elevated energy prices, and rising input costs stemming from the West Asia conflict.

West Asia Conflict Can Create Havoc With Budget Numbers

West Asia Conflict Can Create Havoc With Budget Numbers

Rediff.com5 days ago

The conflict may disrupt Budget 2026-2027 projections, squeezing revenues and raising subsidies, prompting fiscal adjustments and potential reforms, echoing lessons from the Covid-era shock, points out A K Bhattacharya.

Office construction activity declines to four-quarter low

Office construction activity declines to four-quarter low

Rediff.com7 days ago

New completions in India's office real estate sector fell by 36 per cent to 9.7 million square feet in Q1 2026, the lowest in four quarters, primarily due to developers adopting a cautious stance amid global uncertainties, particularly in Bengaluru, Hyderabad, and Mumbai. Despite this, office absorption increased by 20 per cent, indicating strong occupier demand.

Rupee likely to stabilise at 92-93 per dollar: EAC-PM chairman

Rupee likely to stabilise at 92-93 per dollar: EAC-PM chairman

Rediff.com9 Apr 2026

S Mahendra Dev, chairman of the Economic Advisory Council to the Prime Minister, expressed confidence that the rupee would stabilise around the 92-93 level against the US dollar, despite geopolitical tensions, and that foreign investment flows would return.

West Asia crisis, inflation weighed on RBI panel's decision on interest rate

West Asia crisis, inflation weighed on RBI panel's decision on interest rate

Rediff.com6 days ago

Uncertainties stemming from the West Asia crisis and its potential impact on inflation and economic growth were key factors in the Reserve Bank of India's Monetary Policy Committee (MPC) decision to maintain the status quo on interest rates, according to the recently released MPC meeting minutes.

Why RBI Should Stop Defending Rupee

Why RBI Should Stop Defending Rupee

Rediff.com1 days ago

The measures announced by it risk backfiring, disrupting the foreign exchange market, and intensifying the very pressures they seek to contain, with broader consequences for the economy points out Rajeswari Sengupta.

India's e-retail aisles buzz again, market hits $66 billion

India's e-retail aisles buzz again, market hits $66 billion

Rediff.com17 Apr 2026

India's online retail market concluded 2025 with electronic retail (e-retail) gross merchandise value (GMV) reaching $65-66 billion, a 19-21 per cent increase, according to a report by Bain & Company and Flipkart. This growth is significantly driven by GenZ shoppers and the rapid expansion of quick commerce, which has emerged as a global leader.

Governor Ravi Urges Collective Effort to Restore West Bengal's Glory

Governor Ravi Urges Collective Effort to Restore West Bengal's Glory

Rediff.com15 Apr 2026

West Bengal Governor RN Ravi has called for collective efforts to restore the state's past glory, highlighting concerns over economic and educational indicators. His remarks coincided with Chief Minister Mamata Banerjee criticising him for allegedly 'abusing' her instead of extending New Year greetings.

'Very Bad For Global Economy If War Continues'

'Very Bad For Global Economy If War Continues'

Rediff.com15 hours ago

'Even if the war ends tomorrow, which is unlikely, and we go back to the pre-war status quo, the world will still need some time to get over the sudden shock of oil price increases.'

In open letter to PM, Bernstein flags structural risks to growth

In open letter to PM, Bernstein flags structural risks to growth

Rediff.com4 days ago

Global brokerage Bernstein has issued a cautionary note, stating that India risks 'under-delivering on its potential' unless it addresses key policy bottlenecks and structural risks, including employment challenges from AI, limited manufacturing gains, and rising welfare spending.

Govt proposes to lower debt-to-GDP ratio to 55.6%

Govt proposes to lower debt-to-GDP ratio to 55.6%

Rediff.com1 Feb 2026

The government has proposed to lower debt-to-GDP ratio to 55.6 per cent in FY27, from 56.1 per cent in the current fiscal year, Finance Minister Nirmala Sitharaman said on Sunday.

Govt proposes to lower debt-to-GDP ratio to 55.6%

Govt proposes to lower debt-to-GDP ratio to 55.6%

Rediff.com1 Feb 2026

The government has proposed to lower debt-to-GDP ratio to 55.6 per cent in FY27, from 56.1 per cent in the current fiscal year, Finance Minister Nirmala Sitharaman said on Sunday.

Rupee falls 32 paise to 92.83 against US dollar, global tensions weigh

Rupee falls 32 paise to 92.83 against US dollar, global tensions weigh

Rediff.com10 Apr 2026

The Indian rupee depreciated by 32 paise to close at 92.83 against the US dollar, influenced by escalating global tensions, particularly the US-Iran conflict, and the deadline for the RBI's instructions to banks to curb overnight positions.

India's economy to grow above 7% in FY27 despite global slowdown risks: Assocham

India's economy to grow above 7% in FY27 despite global slowdown risks: Assocham

Rediff.com27 Mar 2026

India's economy is projected to maintain growth above 7 per cent in 2026-27 (FY27), supported by strong domestic consumption and investment, even as global growth faces risks from geopolitical tensions, according to industry body Assocham.

India's Reliance On Strait Of Hormuz Exceeds Global Average

India's Reliance On Strait Of Hormuz Exceeds Global Average

Rediff.com10 Apr 2026

'The West Asia or the Gulf crisis has shown that what we develop as national infrastructure when things are not as bad as they could be, we forget to plan for adversities.'

Goldman Cuts India Market Outlook

Goldman Cuts India Market Outlook

Rediff.com27 Mar 2026

Goldman Sachs has materially lowered its earnings growth forecast for Indian companies by a cumulative 9 percentage points over the next two years.

India has ample buffers to weather headwinds from West Asia conflict: World Bank

India has ample buffers to weather headwinds from West Asia conflict: World Bank

Rediff.com9 Apr 2026

The World Bank has affirmed India's strong position to withstand the current global energy shock, citing high foreign exchange reserves, fiscal space, and low inflation as key buffers supporting continued growth despite international headwinds.

West Asia War Pushes RBI into Growth-Inflation Dilemma

West Asia War Pushes RBI into Growth-Inflation Dilemma

Rediff.com6 Apr 2026

The Reserve Bank of India (RBI) Governor Sanjay Malhotra is now confronting the classic growth-inflation tradeoff, a situation exacerbated by the West Asia war, which threatens to end the 'goldilocks period' of low inflation and robust growth.

Won't allow Bengalis to become minority in Bengal: Modi

Won't allow Bengalis to become minority in Bengal: Modi

Rediff.com11 Apr 2026

Prime Minister Narendra Modi addressed a rally in Jangipur, West Bengal, promising to implement the Uniform Civil Code (UCC) and addressing concerns about infiltration and demographic changes in the state.

Happiness Report: India Ranks 116 Out Of 147

Happiness Report: India Ranks 116 Out Of 147

Rediff.com28 Mar 2026

India ranked 116th out of 147 countries in 2025 with an average score of 4.536.

India's Economic Outlook: S&P ups India's FY27 growth forecast to 7.1%

India's Economic Outlook: S&P ups India's FY27 growth forecast to 7.1%

Rediff.com25 Mar 2026

S&P Global Ratings has increased India's GDP growth forecast for the next fiscal year to 7.1 per cent, citing private consumption, investment, and exports as key drivers. However, the agency also cautioned that the conflict in the Middle East could strain India's fiscal position due to higher energy prices.

New GDP series to improve informal sector estimates

New GDP series to improve informal sector estimates

Rediff.com1 Jan 2026

India's new national accounts will leverage new data sources and surveys to enhance the measurement of the country's informal economy, and introduce double deflation methods across sectors, replacing the current system that relies on a single deflation mechanism in Gross Domestic Product (GDP) calculations.

Rupee plunges 52 paise to 93.35 against dollar amid West Asia uncertainties

Rupee plunges 52 paise to 93.35 against dollar amid West Asia uncertainties

Rediff.com13 Apr 2026

The Indian rupee depreciated by 52 paise to settle at 93.35 against the US dollar, driven by failed US-Iran peace talks, surging crude oil prices due to a potential US blockade of Iranian ports, and a global flight to the greenback. This geopolitical uncertainty is also leading to foreign capital withdrawal from domestic equities.

Petrol, diesel losses widen for OMCs; price hike likely post-elections

Petrol, diesel losses widen for OMCs; price hike likely post-elections

Rediff.com14 Apr 2026

State-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) are reportedly incurring losses of Rs 18 per litre on petrol and Rs 35 per litre on diesel, as they continue to absorb rising crude oil costs without increasing retail prices. This situation is leading to expectations of a fuel price hike after upcoming state elections.

GST collections rise 9% to over Rs 2 lakh cr in March, third highest in FY26

GST collections rise 9% to over Rs 2 lakh cr in March, third highest in FY26

Rediff.com1 Apr 2026

India's GST revenues experienced significant growth in March, reaching pre-tax cut levels, driven by increased imports and domestic sales. The report analyses the impact of tax rate changes and provides insights into future trends and economic stability.